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27678 Cliffwood Ave. Hayward, CA 94545

4 Beds 3 Baths 1,470 sqft Built 1955

INVESTimate

$715,000

List Price

$2,740

$2,490 - $2,990

Rent Est.

$801,158  ( +12.05%)   1 YR EST. FORECAST

PROPERTY INFO

August 20, 2020 RECENTLY ADDED
FACTS
  • Built In 1955
  • Price/Sqft : $486.39
  • 7 Days on Market
  • MLS # : BE40916553
  • Updated Date : 08/22/2020 at 11:47
CONSTRUCTION
  • Beds : 4
  • Floor Size : 1,470 sqft
  • Baths : 3 full
Listing Agent

Intero Real Estate Services

Listing Agent's Description

Beautiful Gem! Nestled in the Heart of the Bay with an attached unit that's currently generating income! Near all local amenities from groceries, gyms, local restaurants, local trails, Costco, and transportation. 5 minutes away from the San Mateo bridge (92) and 880. This home offer a high vaulted ceiling in the living room, updated kitchen, updated bathroom and a yard perfect for entertaining. Great home for two families. This 4 bedrooms and 3 baths home is a home you definitely do not want to miss out!

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PRICE & RENT TRENDS

Neighborhood: Glen Eden

NeighborhoodNIR Market*CityMarket2010Year20002019300k400k500k600k700k800k900k1000kPrice in $206k1015k

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

Neighborhood: Glen Eden

NeighborhoodNIR Market*CityMarket2010Year20012019 Q216001800200022002400260028003000Rent in $14543193

* 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
Southgate Elementary School Primary Regular 651 26 7
Southgate Elementary School Middle Regular 651 26 7
Mt. Eden High School High Regular 1,935 85 6

Southgate Elementary School

  • Education Level: Primary
  • # of students: 651
  • # of teachers: 26
7
GreatSchools Rating

Southgate Elementary School

  • Education Level: Middle
  • # of students: 651
  • # of teachers: 26
7
GreatSchools Rating

Mt. Eden High School

  • Education Level: High
  • # of students: 1,935
  • # of teachers: 85
6
GreatSchools Rating
 

$643,500$786,500$715,000

PURCHASE PRICE

$2,466$3,014$2,740

RENT

DOWN PAYMENT
FINANCING

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

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $2,740
EXPENSES Loan Payment -$2,638
Property Tax -$768
Property Insurance -$63
Property Management Fees -$149
CASH FLOW
-$878

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.

$715,000

PROJECTED PRICE

$2,740

PROJECTED RENT

0.38%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 5.00%
Appreciation Year (1-5) 12.05%
Maintenance Year (1-5) 8.00%
Vacancy 4.63%
Length of Stay Years 2

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$195,225

INVESTMENT

$195,225

Down Payment
$178,750
Rehab Estimate
$5,750
Closing Costs
$10,725

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

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

$2,638

MONTHLY LOAN PAYMENT

30 yr
Term
4.25%
Interest
25.00%
Down Payment
Term 30 Years
Interest 4.25%
Down Payment $178,750
Loan Amount $536,250
See What Happens When You Reinvest Cash Flow

1.17

YEARS SAVED

$4,653

INTEREST SAVED

CASH FLOW REINVESTMENT

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

  • $2,740

    LIST RENT
  • $1.86

    LIST RENT PER SQFT
  • $2,609

    COMP ESTIMATED VALUE
  • $1.78

    COMP AVG. RENT PER SQFT
Comps Range
$2,740
1$2,7402$2,8003$3,300
$3,300
RENT COMPS ANALYSIS
  • 27678 Cliffwood Ave. Hayward, 1
    • 4 beds 3 baths ∙ 1,470 Sqft ∙ Built 1955 4 beds 3 baths ∙ 1,470 Sqft ∙ Built 1955
    • Rent
    • Rent Per SQFT
    •  
    • $2,740
    • $1.86
    •  
  • 1358 Henderson Ln Hayward, 2
    • 3 beds 2 baths ∙ 1,631 Sqft ∙ Built 1954 3 beds 2 baths ∙ 1,631 Sqft ∙ Built 1954
    LEASED 06/26/19
    • Rent
    • Rent Per SQFT
    •  
    • $2,800
    • $1.72
    •  
  • 27715 Cliffwood Ave Hayward, 3
    • 5 beds 3 baths ∙ 1,807 Sqft ∙ Built 1955 5 beds 3 baths ∙ 1,807 Sqft ∙ Built 1955
    LEASED 05/13/20
    • Rent
    • Rent Per SQFT
    •  
    • $3,300
    • $1.83
    •  
PROPERTY LISTING DETAILS
Johnnick Porcuna
Intero Real Estate Services
BESbswy