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25268 Morse Ct Hayward, CA 94542

3 Beds 3 Baths 2,247 sqft Built 1990

$998,000

List Price

$2,730

$2.5K - $3K

Rent Est.

PROPERTY INFO

November 07, 2020 RECENTLY ADDED
FACTS
  • Built In 1990
  • Price/Sqft : $444.15
  • 3 Days on Market
  • MLS # : BE40928433
  • Updated Date : 11/06/2020 at 22:10
CONSTRUCTION
  • Beds : 3
  • Floor Size : 2,247 sqft
  • Baths : 2 full , 1 half
Listing Agent

Taskeen A Fatehdin, Broker

Listing Agent's Description

Beautiful custom-built home in Hayward Hills with breathtaking views of the canyons surrounded by nature this home boasts a large master bedroom suite, spacious walk-in closet includes large windows and views. Master bath has dual sinks, separate bathtub and stall shower, Two more large bedrooms with walk in closets. Oversized living room with views, space for office area or recreational activities, large double pane windows throughout the home. The kitchen features granite with refinished cabinets opens up to the backyard with patio for BBQ's and room to garden yet low maintenance yard. The oversized attached two car garage includes a deep crawl space for storage or possible wine cellar. Additional features include custom two-inch blinds, tile floors with carpet in bedrooms. Well placed in a cul-de-sac with no through traffic, private and quiet home, close to nature trails, yet close to all freeways, shops, amenities & Cal State East Bay, must see

SEE MORE

PRICE & RENT TRENDS

Neighborhood: Hayward Highland

NeighborhoodNIR Market*CityMarket2010Year20002019300k400k500k600k700k800k900k1000kPrice in $232k1078k

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

Neighborhood: Hayward Highland

NeighborhoodNIR Market*CityMarket2010Year20012019 Q2160018002000220024002600280030003200340036003800Rent in $15053863

* 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
Stonebrae Elementary School Primary Regular 717 27 4
Stonebrae Elementary School Middle Regular 717 27 4
Hayward High School High Regular 1,644 74 4

Stonebrae Elementary School

  • Education Level: Primary
  • # of students: 717
  • # of teachers: 27
4
GreatSchools Rating

Stonebrae Elementary School

  • Education Level: Middle
  • # of students: 717
  • # of teachers: 27
4
GreatSchools Rating

Hayward High School

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

$898,200$1,097,800$998,000

PURCHASE PRICE

$2,457$3,003$2,730

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $2,730
EXPENSES Loan Payment -$3,682
Property Tax -$1,058
Property Insurance -$81
Property Management Fees -$149
CASH FLOW
-$2,240

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.

$998,000

PROJECTED PRICE

$2,730

PROJECTED RENT

0.27%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 5.00%
Appreciation Year (1-5) 8.5%
Maintenance Year (1-5) 8.00%
Vacancy 5.09%
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-$35k-$30k-$25k-$20k-$15k-$10k-$5.0k$0.0

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$270,220

INVESTMENT

$270,220

Down Payment
$249,500
Rehab Estimate
$5,750
Closing Costs
$14,970

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

A 100% down payment or higher enables the proceeds from the asset to cover all costs.

$3,682

MONTHLY LOAN PAYMENT

30 yr
Term
4.25%
Interest
25.00%
Down Payment
Term 30 Years
Interest 4.25%
Down Payment $249,500
Loan Amount $748,500
See What Happens When You Reinvest Cash Flow

-0.08

YEARS SAVED

-$30

INTEREST SAVED

CASH FLOW REINVESTMENT

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

  • $2,730

    LIST RENT
  • $1.21

    LIST RENT PER SQFT
  • $1,753

    COMP ESTIMATED VALUE
  • $0.78

    COMP AVG. RENT PER SQFT
Comps Range
$2,000
1$2,0002$2,7303$3,500
$3,500
RENT COMPS ANALYSIS
  • 25268 Morse Ct Hayward, CA 2
    • 3 beds 3 baths ∙ 2,247 Sqft ∙ Built 1990 3 beds 3 baths ∙ 2,247 Sqft ∙ Built 1990
    property image
    • Rent
    • Rent Per SQFT
    •  
    • $2,730
    • $1.21
    •  
  • 2836 Trimble Court Hayward, CA 1
    • 4 beds 3 baths ∙ 2,248 Sqft ∙ Built 1978 4 beds 3 baths ∙ 2,248 Sqft ∙ Built 1978
    property image
    LEASED 02/04/20
    • Rent
    • Rent Per SQFT
    •  
    • $2,000
    • $0.89
    •  
  • Fallbrook Dr Hayward, CA 3
    • 3 beds 3 baths ∙ 2,248 Sqft ∙ Built 1979 3 beds 3 baths ∙ 2,248 Sqft ∙ Built 1979
    property image
    LEASED 07/09/20
    • Rent
    • Rent Per SQFT
    •  
    • $3,500
    • $1.56
    •  
PROPERTY LISTING DETAILS
Taskeen Fatehdin
Taskeen A Fatehdin, Broker
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