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PROPERTY INFO
FACTS
- Single Family
- Built In 1980
- Price/Sqft : $552.97
- 4 Days on Market
- MLS # : BE40930968
- Updated Date : 12/05/2020 at 09:17
CONSTRUCTION
- Beds : 3
- Floor Size : 1,808 sqft
- Baths : 2 full , 1 half
Listing Agent
Exp Realty Of California
Listing Agent's Description
Desirable area in the Hayward Highlands with beautiful views on a private lot! Nice spacious sought after floor plan, light & bright, skylight in the living rm, fresh paint, recessed lighting, plantation shutters & laminate floors. Updated open kitchen with granite counter, newer Sakura exhaust fan, garden window, travertine flrs, desk computer area or dining. Dual pane windows & mechanical security windows with expensive security locks. Lovely curb appeal with low maintenance artificial lawn. Family rm has a wet bar, granite decorative gas fireplace & ceiling fan. Mstr bedroom is oversized with 2 closets, dual vanity sinks & walk in shower, hall bath & 1/2 bath updated too. Solar panels have reduced electric bill to approx $100 year (2019 & 2020) while enjoying the private, daily heated luxury lap pool & spa. Rennai tankless water heater, copper plumbing, finished walls in garage, finished epoxy flrs & washer/dryer/frig stay. Great location to Cal State, Downtown, 880/238 & 580Hwys!
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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 | $3,480 |
| EXPENSES | Loan Payment | -$3,689 |
| Property Tax | -$1,060 | |
| Property Insurance | -$71 | |
| Property Management Fees | -$171 | |
|
CASH FLOW
-$1,510
|
||
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.
$999,777
PROJECTED PRICE
$3,480
PROJECTED RENT
0.35%
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
$270,691
LOAN DETAILS
$3,689
MONTHLY LOAN PAYMENT
| Term | 30 Years |
| Interest | 4.25% |
| Down Payment | $249,944 |
| Loan Amount | $749,833 |
0.25
YEARS SAVED
$551
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
-
$3,978
COMP ESTIMATED VALUE -
$2.2
COMP AVG. RENT PER SQFT
Comps Range
-
27962 Dobbel Ave Hayward, CA 1
- 3 beds 3 baths ∙ 1,808 Sqft ∙ Built 1980 3 beds 3 baths ∙ 1,808 Sqft ∙ Built 1980
- Rent
- Rent Per SQFT
- $0
- $0.00
-
258 Jacaranda Dr Hayward, CA 2
- 4 beds 3 baths ∙ 1,592 Sqft ∙ Built 1980 4 beds 3 baths ∙ 1,592 Sqft ∙ Built 1980
LEASED 10/21/20- Rent
- Rent Per SQFT
- $3,500
- $2.20
PROPERTY LISTING DETAILS
Exp Realty Of California
