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27988 El Portal Dr Hayward, CA 94542

3 Beds 2 Baths 1,693 sqft Built 1972

$869,888

List Price

$3,290

$3K - $3.5K

Rent Est.

PROPERTY INFO

December 12, 2020 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 1972
  • Price/Sqft : $513.81
  • 2 Days on Market
  • MLS # : BE40931860
  • Updated Date : 12/12/2020 at 15:11
CONSTRUCTION
  • Beds : 3
  • Floor Size : 1,693 sqft
  • Baths : 2 full
Listing Agent

Premier Realty

Listing Agent's Description

Prepare to be impressed when you enter this beautiful one level Highlands home. Great functional floor plan. Updated kitchen and baths, quartz counters, shaker cabinets, S/S appl. Cozy vaulted ceiling family room w/fireplace. Dual pane windows, new carpet/paint. Quiet peaceful Hayward Hills living near Greenbelt trails and parks. This is a 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
 

$782,899$956,877$869,888

PURCHASE PRICE

$2,961$3,619$3,290

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $3,290
EXPENSES Loan Payment -$3,210
Property Tax -$922
Property Insurance -$68
Property Management Fees -$161
CASH FLOW
-$1,071

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.

$869,888

PROJECTED PRICE

$3,290

PROJECTED RENT

0.38%

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

PROJECTED ANNUAL CASH FLOW

11530-$20k-$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

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$236,270

INVESTMENT

$236,270

Down Payment
$217,472
Rehab Estimate
$5,750
Closing Costs
$13,048

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

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

$3,210

MONTHLY LOAN PAYMENT

30 yr
Term
4.25%
Interest
25.00%
Down Payment
Term 30 Years
Interest 4.25%
Down Payment $217,472
Loan Amount $652,416
See What Happens When You Reinvest Cash Flow

1

YEARS SAVED

$4,255

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
  • $2,997

    COMP ESTIMATED VALUE
  • $1.77

    COMP AVG. RENT PER SQFT
Comps Range
$0
1$02$3,250
$3,250
RENT COMPS ANALYSIS
  • 27988 El Portal Dr Hayward, CA 1
    • 3 beds 2 baths ∙ 1,693 Sqft ∙ Built 1972 3 beds 2 baths ∙ 1,693 Sqft ∙ Built 1972
    property image
    • Rent
    • Rent Per SQFT
    •  
    • $0
    • $0.00
    •  
  • 651 Alquire Pkwy Hayward, CA 2
    • 3 beds 3 baths ∙ 1,840 Sqft ∙ Built 1988 3 beds 3 baths ∙ 1,840 Sqft ∙ Built 1988
    property image
    LEASED 12/05/20
    • Rent
    • Rent Per SQFT
    •  
    • $3,250
    • $1.77
    •  
PROPERTY LISTING DETAILS
David Lam
Premier Realty
BESbswy