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27917 Mandarin Avenue Hayward, CA 94544

4 Beds 2 Baths 1,680 sqft Built 1954

$739,900

List Price

$3,250

$3K - $3.5K

Rent Est.

PROPERTY INFO

January 13, 2021 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 1954
  • Price/Sqft : $440.42
  • 6 Days on Market
  • MLS # : BE40934057
  • Updated Date : 01/16/2021 at 10:03
CONSTRUCTION
  • Beds : 4
  • Floor Size : 1,680 sqft
  • Baths : 2 full
Listing Agent

Re/max Active Realty

Listing Agent's Description

Beautifully upgraded 4 bed, 2 baths, freshly painted, laminate flooring, remodeled kitchen with granite countertop, wood cabinets, bright living & dining area. family room, converted garage (Bedroom #4). Dual panel window, Central A/C & Heat. Well-manicured lawn in the front yard with sprinkler system and shed on the back patio.. Close to shopping center, easy access to 880 Freeway. State Route 92 State and San Mateo Bridge.

SEE MORE

PRICE & RENT TRENDS

Neighborhood: Tennyson-Alquire

NeighborhoodNIR Market*CityMarket2010Year20002019300k400k500k600k700k800k900k1000kPrice in $206k1015k

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

Neighborhood: Tennyson-Alquire

NeighborhoodNIR Market*CityMarket2010Year20012019 Q216001800200022002400260028003000Rent in $14013193

* 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
Ruus Elementary School Primary Regular 603 23 3
Ruus Elementary School Middle Regular 603 23 3
Tennyson High School High Regular 1,324 64 2

Ruus Elementary School

  • Education Level: Primary
  • # of students: 603
  • # of teachers: 23
3
GreatSchools Rating

Ruus Elementary School

  • Education Level: Middle
  • # of students: 603
  • # of teachers: 23
3
GreatSchools Rating

Tennyson High School

  • Education Level: High
  • # of students: 1,324
  • # of teachers: 64
2
GreatSchools Rating
 

$665,910$813,890$739,900

PURCHASE PRICE

$2,925$3,575$3,250

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $3,250
EXPENSES Loan Payment -$2,570
Property Tax -$801
Property Insurance -$68
Property Management Fees -$159
CASH FLOW
-$348

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.

$739,900

PROJECTED PRICE

$3,250

PROJECTED RENT

0.44%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 5.00%
Appreciation Year (1-5) 9.9%
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-$10k-$5.0k$0.0$5.0k$10k$15k$20k$25k

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$201,824

INVESTMENT

$201,824

Down Payment
$184,975
Rehab Estimate
$5,750
Closing Costs
$11,099

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

A 55% down payment or higher enables the proceeds from the asset to cover all costs.

$2,570

MONTHLY LOAN PAYMENT

30 yr
Term
3.75%
Interest
25.00%
Down Payment
Term 30 Years
Interest 3.75%
Down Payment $184,975
Loan Amount $554,925
See What Happens When You Reinvest Cash Flow

4.33

YEARS SAVED

$31,655

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
  • $3,259

    COMP ESTIMATED VALUE
  • $1.94

    COMP AVG. RENT PER SQFT
Comps Range
$0
1$02$3,2003$3,3004$3,800
$3,800
RENT COMPS ANALYSIS
  • 27917 Mandarin Avenue Hayward, CA 1
    • 4 beds 2 baths ∙ 1,680 Sqft ∙ Built 1954 4 beds 2 baths ∙ 1,680 Sqft ∙ Built 1954
    property image
    • Rent
    • Rent Per SQFT
    •  
    • $0
    • $0.00
    •  
  • 2494 Almaden Blvd Union City, CA 2
    • 3 beds 2 baths ∙ 1,591 Sqft ∙ Built 1967 3 beds 2 baths ∙ 1,591 Sqft ∙ Built 1967
    property image
    LEASED 03/09/20
    • Rent
    • Rent Per SQFT
    •  
    • $3,200
    • $2.01
    •  
  • 27715 Cliffwood Ave Hayward, CA 3
    • 5 beds 3 baths ∙ 1,807 Sqft ∙ Built 1955 5 beds 3 baths ∙ 1,807 Sqft ∙ Built 1955
    property image
    LEASED 05/13/20
    • Rent
    • Rent Per SQFT
    •  
    • $3,300
    • $1.83
    •  
  • 2493 Ascot Way Union City, CA 4
    • 4 beds 3 baths ∙ 1,916 Sqft ∙ Built 1968 4 beds 3 baths ∙ 1,916 Sqft ∙ Built 1968
    property image
    LEASED 03/12/20
    • Rent
    • Rent Per SQFT
    •  
    • $3,800
    • $1.98
    •  
PROPERTY LISTING DETAILS
Maria Bolte
Re/max Active Realty
BESbswy