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339 Annette Lane Hayward, CA 94541

3 Beds 1 Baths 1,032 sqft Built 1950

$699,999

List Price

$2,800

$2.6K - $3.1K

Rent Est.

PROPERTY INFO

December 12, 2020 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 1950
  • Price/Sqft : $678.29
  • 2 Days on Market
  • MLS # : MR40931850
  • Updated Date : 12/12/2020 at 21:28
CONSTRUCTION
  • Beds : 3
  • Floor Size : 1,032 sqft
  • Baths : 1 full
Listing Agent

Berkshire Hathaway Homeservices Drysdaleproperties

Listing Agent's Description

Beautiful one level home in the heart of Hayward desirable Santa Cara Neighborhood. 3 bedrooms 1 full bathroom. Absolutely move-in condition! Massively remodeled interior including brand new floor, lighting fixtures, bathroom, kitchen countertop, cabinets, plumbing fixture; newly installed lawn. Great functional floor plan! Sun soaked huge flat back yard! Prime location - quiet residential neighborhood, and yet near to all the conveniences - parks, shopping, Bart, free ways ... This is a must see!

SEE MORE

PRICE & RENT TRENDS

Neighborhood: Santa Clara

NeighborhoodNIR Market*CityMarket2010Year20002019300k400k500k600k700k800k900k1000kPrice in $206k1015k

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

Neighborhood: Santa Clara

NeighborhoodNIR Market*CityMarket2010Year20012019 Q216001800200022002400260028003000Rent in $14453193

* 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
Burbank Elementary School Primary Regular 794 36 5
Burbank Elementary School Middle Regular 794 36 5
Hayward High School High Regular 1,644 74 4

Burbank Elementary School

  • Education Level: Primary
  • # of students: 794
  • # of teachers: 36
5
GreatSchools Rating

Burbank Elementary School

  • Education Level: Middle
  • # of students: 794
  • # of teachers: 36
5
GreatSchools Rating

Hayward High School

  • Education Level: High
  • # of students: 1,644
  • # of teachers: 74
4
GreatSchools Rating
 

$629,999$769,999$699,999

PURCHASE PRICE

$2,520$3,080$2,800

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $2,800
EXPENSES Loan Payment -$2,583
Property Tax -$755
Property Insurance -$52
Property Management Fees -$149
CASH FLOW
-$739

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.

$699,999

PROJECTED PRICE

$2,800

PROJECTED RENT

0.40%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 5.00%
Appreciation Year (1-5) 12.0%
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-$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$191,250

INVESTMENT

$191,250

Down Payment
$175,000
Rehab Estimate
$5,750
Closing Costs
$10,500

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

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

$2,583

MONTHLY LOAN PAYMENT

30 yr
Term
4.25%
Interest
25.00%
Down Payment
Term 30 Years
Interest 4.25%
Down Payment $175,000
Loan Amount $524,999
See What Happens When You Reinvest Cash Flow

1.67

YEARS SAVED

$9,170

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
  • $2,980

    COMP ESTIMATED VALUE
  • $2.89

    COMP AVG. RENT PER SQFT
Comps Range
$0
1$02$2,8003$2,8004$3,2005$3,200
$3,200
RENT COMPS ANALYSIS
  • 339 Annette Lane Hayward, CA 1
    • 3 beds 1 baths ∙ 1,032 Sqft ∙ Built 1950 3 beds 1 baths ∙ 1,032 Sqft ∙ Built 1950
    property image
    • Rent
    • Rent Per SQFT
    •  
    • $0
    • $0.00
    •  
  • 963 Leonardo Way Hayward, CA 2
    • 3 beds 1 baths ∙ 971 Sqft ∙ Built 1951 3 beds 1 baths ∙ 971 Sqft ∙ Built 1951
    property image
    LEASED 10/21/20
    • Rent
    • Rent Per SQFT
    •  
    • $2,800
    • $2.88
    •  
  • 24748 Joyce St Hayward, CA 3
    • 3 beds 1 baths ∙ 1,000 Sqft ∙ Built 1950 3 beds 1 baths ∙ 1,000 Sqft ∙ Built 1950
    property image
    LEASED 11/25/19
    • Rent
    • Rent Per SQFT
    •  
    • $2,800
    • $2.80
    •  
  • 876 Marin Ave Hayward, CA 4
    • 3 beds 1 baths ∙ 1,162 Sqft ∙ Built 1952 3 beds 1 baths ∙ 1,162 Sqft ∙ Built 1952
    property image
    LEASED 02/16/20
    • Rent
    • Rent Per SQFT
    •  
    • $3,200
    • $2.75
    •  
  • 23155 Klamath Rd Hayward, CA 5
    • 3 beds 1 baths ∙ 1,025 Sqft ∙ Built 1951 3 beds 1 baths ∙ 1,025 Sqft ∙ Built 1951
    property image
    LEASED 03/13/20
    • Rent
    • Rent Per SQFT
    •  
    • $3,200
    • $3.12
    •  
PROPERTY LISTING DETAILS
Sue Sheng
Berkshire Hathaway Homeservices Drysdaleproperties
BESbswy