Work with a dedicated Real Estate Advisor who will take your financial preferences and help you select and acquire properties that fit your criteria. Learn more

24848 Muir St Hayward, CA 94544

3 Beds 1 Baths 1,040 sqft Built 1951

$749,000

List Price

$2,710

$2.5K - $3K

Rent Est.

PROPERTY INFO

November 30, 2020 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 1951
  • Price/Sqft : $720.19
  • 7 Days on Market
  • MLS # : MR40930571
  • Updated Date : 11/30/2020 at 14:19
CONSTRUCTION
  • Beds : 3
  • Floor Size : 1,040 sqft
  • Baths : 1 full
Listing Agent

Homesmart Pv & Associates

Listing Agent's Description

Here it is... A beautiful 3/1 home with just over 1000 sq. ft. that shows pride in ownership inside and out! This home has many upgrades including Oak kitchen cabinets w/ solid paneled doors, granite countertops, tiled floors, dual pane windows, central heat, and insulated walls/ceilings. Home also has a newer and upgraded Electrical panel and wiring, enclosed patio with windows, finished interior of garage with inside laundry connections. Exterior is nicely landscaped with lots of flowers and fruit trees in the front and back yards. Located close to downtown Hayward and freeway access of the 580 and 880, the home sits in a nice neighborhood on a dead end.

SEE MORE

PRICE & RENT TRENDS

Neighborhood: Jackson Triangle

NeighborhoodNIR Market*CityMarket2010Year20002019300k400k500k600k700k800k900k1000kPrice in $206k1015k

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

Neighborhood: Jackson Triangle

NeighborhoodNIR Market*CityMarket2010Year20012019 Q2140016001800200022002400260028003000Rent in $13483193

* 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
Harder Elementary School Primary Regular 608 22 2
Winton Middle School Middle Regular 529 21 4
Hayward High School High Regular 1,644 74 4

Harder Elementary School

  • Education Level: Primary
  • # of students: 608
  • # of teachers: 22
2
GreatSchools Rating

Winton Middle School

  • Education Level: Middle
  • # of students: 529
  • # of teachers: 21
4
GreatSchools Rating

Hayward High School

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

$674,100$823,900$749,000

PURCHASE PRICE

$2,439$2,981$2,710

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $2,710
EXPENSES Loan Payment -$2,763
Property Tax -$794
Property Insurance -$52
Property Management Fees -$149
CASH FLOW
-$1,049

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.

$749,000

PROJECTED PRICE

$2,710

PROJECTED RENT

0.36%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 5.00%
Appreciation Year (1-5) 12.5%
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$3.0M

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$3.0M

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$204,235

INVESTMENT

$204,235

Down Payment
$187,250
Rehab Estimate
$5,750
Closing Costs
$11,235

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

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

$2,763

MONTHLY LOAN PAYMENT

30 yr
Term
4.25%
Interest
25.00%
Down Payment
Term 30 Years
Interest 4.25%
Down Payment $187,250
Loan Amount $561,750
See What Happens When You Reinvest Cash Flow

0.5

YEARS SAVED

$1,491

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
  • $2,772

    COMP ESTIMATED VALUE
  • $2.67

    COMP AVG. RENT PER SQFT
Comps Range
$0
1$02$2,6503$2,8004$3,5005$3,500
$3,500
RENT COMPS ANALYSIS
  • 24848 Muir St Hayward, CA 1
    • 3 beds 1 baths ∙ 1,040 Sqft ∙ Built 1951 3 beds 1 baths ∙ 1,040 Sqft ∙ Built 1951
    • Rent
    • Rent Per SQFT
    •  
    • $0
    • $0.00
    •  
  • 25866 Bel Aire Dr Hayward, CA 2
    • 3 beds 2 baths ∙ 1,110 Sqft ∙ Built 1951 3 beds 2 baths ∙ 1,110 Sqft ∙ Built 1951
    LEASED 05/29/20
    • Rent
    • Rent Per SQFT
    •  
    • $2,650
    • $2.39
    •  
  • 24748 Joyce St Hayward, CA 3
    • 3 beds 1 baths ∙ 1,000 Sqft ∙ Built 1950 3 beds 1 baths ∙ 1,000 Sqft ∙ Built 1950
    LEASED 11/25/19
    • Rent
    • Rent Per SQFT
    •  
    • $2,800
    • $2.80
    •  
  • 1179 Merritt Lane Hayward, CA 4
    • 3 beds 2 baths ∙ 1,276 Sqft ∙ Built 1958 3 beds 2 baths ∙ 1,276 Sqft ∙ Built 1958
    LEASED 05/01/20
    • Rent
    • Rent Per SQFT
    •  
    • $3,500
    • $2.74
    •  
  • Scripps St Hayward, CA 5
    • 4 beds 2 baths ∙ 1,280 Sqft ∙ Built 1959 4 beds 2 baths ∙ 1,280 Sqft ∙ Built 1959
    LEASED 06/09/20
    • Rent
    • Rent Per SQFT
    •  
    • $3,500
    • $2.73
    •  
PROPERTY LISTING DETAILS
Ismael Ontiveros
Homesmart Pv & Associates
BESbswy