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PROPERTY INFO
FACTS
- Built In 1987
- Price/Sqft : $391.61
- 3 Days on Market
- MLS # : ML81819133
- Updated Date : 11/06/2020 at 09:50
CONSTRUCTION
- Beds : 3
- Floor Size : 2,168 sqft
- Baths : 2 full , 1 half
Listing Agent
Brett Stange, Broker
Listing Agent's Description
Amazing views! This beautiful large, modern home features 3 Bedrooms, 2.5 bathrooms, and over 2,100 square feet of living space. The downstairs office provides flexibility for those working from home or for those who would prefer a fourth bedroom. Tucked away in the Hayward Highlands, you will enjoy the serene views of Maple Canyon, Garin Regional Park, and the great array of wildlife that comes with it. The outdoor deck showcases the gorgeous rolling hills making it a perfect backdrop for entertaining. Along with fresh interior paint and new carpet, this beautiful home features an upstairs laundry area and a two-car detached garage. Along with the amazing open space, the Skyview Community offers a playground, a large community swimming pool, and a clubhouse. This tranquil escape is also just minutes away from Cal State East Bay, TPC Stonebrae Golf Course & Country Club, and freeway access, making it a convenient location for those working for Bay Area companies.
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PRICE & RENT TRENDS
Neighborhood: Hayward Highland
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
Neighborhood: Hayward Highland
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
SCHOOLS
FINANCIALS
PROJECTED BASIC MONTHLY INCOME STATEMENT
| INCOME | Rent | $2,490 |
| EXPENSES | Loan Payment | -$3,132 |
| Property Tax | -$900 | |
| Property Insurance | -$79 | |
| HOA | -$95 | |
| Property Management Fees | -$149 | |
|
CASH FLOW
-$1,866
|
||
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.
$849,000
PROJECTED PRICE
$2,490
PROJECTED RENT
0.29%
PROJECTED RENT / PRICE RATIO
| 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
PROJECTED ANNUAL CASH FLOW
PROJECTED PROPERTY VALUE
30 YEAR PROJECTION
- Appreciation
- Principal
- Loan Balance
TOTAL CASH OUT OF POCKET
INVESTMENT
$230,735
LOAN DETAILS
$3,132
MONTHLY LOAN PAYMENT
| Term | 30 Years |
| Interest | 4.25% |
| Down Payment | $212,250 |
| Loan Amount | $636,750 |
-0.08
YEARS SAVED
-$19
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
-
$1,691
COMP ESTIMATED VALUE -
$0.78
COMP AVG. RENT PER SQFT
Comps Range
-
2736 Gamble Ct Hayward, CA 1
- 3 beds 3 baths ∙ 2,168 Sqft ∙ Built 1987 3 beds 3 baths ∙ 2,168 Sqft ∙ Built 1987
- Rent
- Rent Per SQFT
- $0
- $0.00
-
2836 Trimble Court Hayward, CA 2
- 4 beds 3 baths ∙ 2,248 Sqft ∙ Built 1978 4 beds 3 baths ∙ 2,248 Sqft ∙ Built 1978
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
LEASED 07/09/20- Rent
- Rent Per SQFT
- $3,500
- $1.56
PROPERTY LISTING DETAILS
Brett Stange, Broker
