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24066 Edloe Dr Hayward, CA 94541

3 Beds 1 Baths 1,052 sqft Built 1953

$699,900

List Price

$2,630

$2.4K - $2.9K

Rent Est.

PROPERTY INFO

November 11, 2020 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 1953
  • Price/Sqft : $665.30
  • 5 Days on Market
  • MLS # : BE40928905
  • Updated Date : 11/13/2020 at 17:08
CONSTRUCTION
  • Beds : 3
  • Floor Size : 1,052 sqft
  • Baths : 1 full
Listing Agent

Keller Williams Tri-valley

Listing Agent's Description

This beautiful remodeled single family home is a show-stopper! Upon walking in, you will feel like you've walked into an HGTV home! This home was completely remodeled with attention to detail in each room! New exterior paint showcases the home in a deep gray with contrasting aqua door. Inside you will find new engineered vinyl plank flooring throughout, clean and bright walls accentuated by lots of natural light. The wood burning fireplace is the center of focus in the living area. The kitchen has beautiful designer tile, slow close white cabinetry and brand new appliances including a gas range. Each of the three bedrooms is roomy and bright. The bathroom has chevron wood flooring and designer charm with navy blue vanity and gray subway tiling. The 2-car garage has ample space for vehicles and tools. Upon entering the backyard, you will enjoy the large patio shaded by palm trees. Close to the San Mateo bridge, Chabot college & much more this

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PRICE & RENT TRENDS

Neighborhood: Santa Clara

NeighborhoodNIR Market*CityMarket2010Year20002019300k400k500k600k700k800k900k1000kPrice in $206k1015k

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

Neighborhood: Santa Clara

NeighborhoodNIR Market*CityMarket2010Year20012019 Q216001800200022002400260028003000Rent in $14453193

* 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
Burbank Elementary School Primary Regular 794 36 5
Burbank Elementary School Middle Regular 794 36 5
Hayward High School High Regular 1,644 74 4

Burbank Elementary School

  • Education Level: Primary
  • # of students: 794
  • # of teachers: 36
5
GreatSchools Rating

Burbank Elementary School

  • Education Level: Middle
  • # of students: 794
  • # of teachers: 36
5
GreatSchools Rating

Hayward High School

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

$629,910$769,890$699,900

PURCHASE PRICE

$2,367$2,893$2,630

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $2,630
EXPENSES Loan Payment -$2,582
Property Tax -$755
Property Insurance -$53
Property Management Fees -$149
CASH FLOW
-$909

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.

$699,900

PROJECTED PRICE

$2,630

PROJECTED RENT

0.38%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 5.00%
Appreciation Year (1-5) 12.0%
Maintenance Year (1-5) 8.00%
Vacancy 4.63%
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$15k

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$191,224

INVESTMENT

$191,224

Down Payment
$174,975
Rehab Estimate
$5,750
Closing Costs
$10,499

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

A 65% down payment or higher enables the proceeds from the asset to cover all costs.

$2,582

MONTHLY LOAN PAYMENT

30 yr
Term
4.25%
Interest
25.00%
Down Payment
Term 30 Years
Interest 4.25%
Down Payment $174,975
Loan Amount $524,925
See What Happens When You Reinvest Cash Flow

0.92

YEARS SAVED

$3,207

INTEREST SAVED

CASH FLOW REINVESTMENT

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

  • $2,630

    LIST RENT
  • $2.5

    LIST RENT PER SQFT
  • $2,351

    COMP ESTIMATED VALUE
  • $2.24

    COMP AVG. RENT PER SQFT
Comps Range
$2,630
1$2,6302$2,8003$2,950
$2,950
RENT COMPS ANALYSIS
  • 24066 Edloe Dr Hayward, CA 1
    • 3 beds 1 baths ∙ 1,052 Sqft ∙ Built 1953 3 beds 1 baths ∙ 1,052 Sqft ∙ Built 1953
    • Rent
    • Rent Per SQFT
    •  
    • $2,630
    • $2.50
    •  
  • 26634 Peterman Ave Hayward, CA 2
    • 3 beds 2 baths ∙ 1,238 Sqft ∙ Built 1957 3 beds 2 baths ∙ 1,238 Sqft ∙ Built 1957
    LEASED 06/10/19
    • Rent
    • Rent Per SQFT
    •  
    • $2,800
    • $2.26
    •  
  • 17997 Sunol Rd Hayward, CA 3
    • 3 beds 3 baths ∙ 1,332 Sqft ∙ Built 1973 3 beds 3 baths ∙ 1,332 Sqft ∙ Built 1973
    LEASED 11/27/19
    • Rent
    • Rent Per SQFT
    •  
    • $2,950
    • $2.21
    •  
PROPERTY LISTING DETAILS
Anthony Arsondi
Keller Williams Tri-valley
BESbswy