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3676 Oakes Dr Hayward, CA 94542

4 Beds 3 Baths 2,493 sqft Built 1972

$1,000,000

List Price

$3,310

$3.1K - $3.6K

Rent Est.

PROPERTY INFO

December 01, 2020 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 1972
  • Price/Sqft : $401.12
  • 7 Days on Market
  • MLS # : BE40930600
  • Updated Date : 12/03/2020 at 13:28
CONSTRUCTION
  • Beds : 4
  • Floor Size : 2,493 sqft
  • Baths : 2 full , 1 half
Listing Agent

Catrina R.e. & Investments

Listing Agent's Description

Absolutely Stunning San Francisco Bay Views From This Highly Sought After Woodland Estates 4 Bedroom - 2 1/2 Bath Home. Entertain On The Spacious Deck Overlooking The San Francisco Skyline. Nestled in The Hayward Hills, This Home Has An Open Floor Plan, Dual Pane Windows, Spacious Kitchen - Family Room Combo, 2 Garages For Up to 5 Cars, Side Access For RV or Boat and Much More. Conveniently Located Close To Cal State Hayward, Downtown Hayward, and Stonebrae Golf Club.

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
 

$900,000$1,100,000$1,000,000

PURCHASE PRICE

$2,979$3,641$3,310

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $3,310
EXPENSES Loan Payment -$3,690
Property Tax -$1,049
Property Insurance -$87
HOA -$375
Property Management Fees -$162
CASH FLOW
-$2,053

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.

$1,000,000

PROJECTED PRICE

$3,310

PROJECTED RENT

0.33%

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$3.0M

PROJECTED ANNUAL CASH FLOW

11530-$35k-$30k-$25k-$20k-$15k-$10k-$5.0k$0.0

PROJECTED PROPERTY VALUE

30 YEAR PROJECTION

  • Appreciation
  • Principal
  • Loan Balance
11530$0.0$500k$1.0M$1.5M$2.0M$2.5M$3.0M

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$270,750

INVESTMENT

$270,750

Down Payment
$250,000
Rehab Estimate
$5,750
Closing Costs
$15,000

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

A 80% down payment or higher enables the proceeds from the asset to cover all costs.

$3,690

MONTHLY LOAN PAYMENT

30 yr
Term
4.25%
Interest
25.00%
Down Payment
Term 30 Years
Interest 4.25%
Down Payment $250,000
Loan Amount $750,000
See What Happens When You Reinvest Cash Flow

-0.08

YEARS SAVED

-$4

INTEREST SAVED

CASH FLOW REINVESTMENT

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

  • $3,310

    LIST RENT
  • $1.33

    LIST RENT PER SQFT
  • $2,551

    COMP ESTIMATED VALUE
  • $1.02

    COMP AVG. RENT PER SQFT
Comps Range
$2,000
1$2,0002$3,3103$3,5004$4,000
$4,000
RENT COMPS ANALYSIS
  • 3676 Oakes Dr Hayward, CA 2
    • 4 beds 3 baths ∙ 2,493 Sqft ∙ Built 1972 4 beds 3 baths ∙ 2,493 Sqft ∙ Built 1972
    • Rent
    • Rent Per SQFT
    •  
    • $3,310
    • $1.33
    •  
  • 2836 Trimble Court Hayward, CA 1
    • 4 beds 3 baths ∙ 2,248 Sqft ∙ Built 1978 4 beds 3 baths ∙ 2,248 Sqft ∙ Built 1978
    LEASED 02/04/20
    • Rent
    • Rent Per SQFT
    •  
    • $2,000
    • $0.89
    •  
  • Fallbrook Dr Hayward, CA 3
    • 3 beds 3 baths ∙ 2,248 Sqft ∙ Built 1979 3 beds 3 baths ∙ 2,248 Sqft ∙ Built 1979
    LEASED 07/09/20
    • Rent
    • Rent Per SQFT
    •  
    • $3,500
    • $1.56
    •  
  • 27925 Edgecliff Way Hayward, CA 4
    • 5 beds 3 baths ∙ 2,650 Sqft ∙ Built 1970 5 beds 3 baths ∙ 2,650 Sqft ∙ Built 1970
    LEASED 10/15/19
    • Rent
    • Rent Per SQFT
    •  
    • $4,000
    • $1.51
    •  
PROPERTY LISTING DETAILS
Otto Catrina
Catrina R.e. & Investments
BESbswy