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22250 Moyers St Castro Valley, CA 94546

3 Beds 2 Baths 1,392 sqft Built 1949

$759,000

List Price

$2,810

$2.6K - $3.1K

Rent Est.

PROPERTY INFO

October 31, 2020 RECENTLY ADDED
FACTS
  • Built In 1949
  • Price/Sqft : $545.26
  • 5 Days on Market
  • MLS # : BE40927186
  • Updated Date : 10/30/2020 at 18:06
CONSTRUCTION
  • Beds : 3
  • Floor Size : 1,392 sqft
  • Baths : 2 full
Listing Agent

Intero Real Estate Services

Listing Agent's Description

Charming & updated 3 bedroom with beautifully refinished original hardwood flooring throughout and on a deep, level lot ready for your ideas. Spacious Living & Family Room ready for the holidays appointed with bright dual pane windows. Fresh, neutral 2-tone painting and light and bright bathroom updates with tile flooring, fresh vanities, bright fixtures, updated toilets and shower. Indoor laundry room with bonus fridge for convenience. 1-Car garage with automatic roll up door & opener. Updated kitchen with bright nook, gas range oven, newer stainless refrigerator, garbage disposal & area for dishwasher. Valuable updates included dual pane windows, newer wall heaters, 10/2020 sewer lateral compliance, 2010 comp roof, electrical panel upgrades & more. Centrally located & 1 block walk to Trader Joes! "As-is" Sale with full reports and disclosures for review.

SEE MORE

PRICE & RENT TRENDS

Neighborhood: South of 580

NeighborhoodNIR Market*CityMarket2010Year20002019300k400k500k600k700k800k900k1000kPrice in $226k1024k

* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR

Neighborhood: South of 580

NeighborhoodNIR Market*CityMarket2010Year20012019 Q2160018002000220024002600280030003200Rent in $14783381

* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR

SCHOOLS

NAME EDUCATIONAL LEVEL SCHOOL TYPE # OF STUDENTS # OF TEACHERS GREATSCHOOLS RATING
Strobridge Elementary School Primary Regular 620 24 2
Bret Harte Middle School Middle Regular 636 28 3
Hayward High School High Regular 1,644 74 4

Strobridge Elementary School

  • Education Level: Primary
  • # of students: 620
  • # of teachers: 24
2
GreatSchools Rating

Bret Harte Middle School

  • Education Level: Middle
  • # of students: 636
  • # of teachers: 28
3
GreatSchools Rating

Hayward High School

  • Education Level: High
  • # of students: 1,644
  • # of teachers: 74
4
GreatSchools Rating
 

$683,100$834,900$759,000

PURCHASE PRICE

$2,529$3,091$2,810

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $2,810
EXPENSES Loan Payment -$2,800
Property Tax -$842
Property Insurance -$61
Property Management Fees -$149
CASH FLOW
-$1,042

This is the estimated cash flow generated during a typical maintenance-free month. It is recommended that investors set aside 13% of earned rent to cover both maintenance and periods of vacancy.

$759,000

PROJECTED PRICE

$2,810

PROJECTED RENT

0.37%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 5.00%
Appreciation Year (1-5) 10.4%
Maintenance Year (1-5) 8.00%
Vacancy 4.60%
Length of Stay Years 2

PROJECTED ACCUMULATED WEALTH

30 YEAR PROJECTION

  • Cash Flow
  • Appreciation
  • Principal
11530$0.0$500k$1.0M$1.5M$2.0M$2.5M

PROJECTED ANNUAL CASH FLOW

11530-$15k-$10k-$5.0k$0.0$5.0k$10k

PROJECTED PROPERTY VALUE

30 YEAR PROJECTION

  • Appreciation
  • Principal
  • Loan Balance
11530$0.0$500k$1.0M$1.5M$2.0M$2.5M

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$206,885

INVESTMENT

$206,885

Down Payment
$189,750
Rehab Estimate
$5,750
Closing Costs
$11,385

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

A 70% down payment or higher enables the proceeds from the asset to cover all costs.

$2,800

MONTHLY LOAN PAYMENT

30 yr
Term
4.25%
Interest
25.00%
Down Payment
Term 30 Years
Interest 4.25%
Down Payment $189,750
Loan Amount $569,250
See What Happens When You Reinvest Cash Flow

0.58

YEARS SAVED

$1,778

INTEREST SAVED

CASH FLOW REINVESTMENT

The time & interest saved by applying each month's positive cash flow towards loan principal pay down.

  • $0

    LIST RENT
  • $0

    LIST RENT PER SQFT
  • $3,038

    COMP ESTIMATED VALUE
  • $2.18

    COMP AVG. RENT PER SQFT
Comps Range
$0
1$02$3,0003$3,1504$3,2005$3,200
$3,200
RENT COMPS ANALYSIS
  • 22250 Moyers St Castro Valley, CA 1
    • 3 beds 2 baths ∙ 1,392 Sqft ∙ Built 1949 3 beds 2 baths ∙ 1,392 Sqft ∙ Built 1949
    • Rent
    • Rent Per SQFT
    •  
    • $0
    • $0.00
    •  
  • 21835 Redwood Rd Castro Valley, CA 2
    • 3 beds 1 baths ∙ 1,200 Sqft ∙ Built 1948 3 beds 1 baths ∙ 1,200 Sqft ∙ Built 1948
    LEASED 04/29/20
    • Rent
    • Rent Per SQFT
    •  
    • $3,000
    • $2.50
    •  
  • 21101 Aspen Ave Castro Valley, CA 3
    • 3 beds 2 baths ∙ 1,660 Sqft ∙ Built 1954 3 beds 2 baths ∙ 1,660 Sqft ∙ Built 1954
    LEASED 09/09/20
    • Rent
    • Rent Per SQFT
    •  
    • $3,150
    • $1.90
    •  
  • 20073 Center St Castro Valley, CA 4
    • 4 beds 2 baths ∙ 1,665 Sqft ∙ Built 1947 4 beds 2 baths ∙ 1,665 Sqft ∙ Built 1947
    LEASED 08/10/20
    • Rent
    • Rent Per SQFT
    •  
    • $3,200
    • $1.92
    •  
  • 4175 Veronica Avenue Castro Valley, CA 5
    • 3 beds 2 baths ∙ 1,330 Sqft ∙ Built 1957 3 beds 2 baths ∙ 1,330 Sqft ∙ Built 1957
    LEASED 06/01/20
    • Rent
    • Rent Per SQFT
    •  
    • $3,200
    • $2.41
    •  
PROPERTY LISTING DETAILS
James Martin
Intero Real Estate Services
BESbswy