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									                                         207 Hathway Ct
                                           Hayward, CA




                                   Investment Opportunity




207 Hathaway Ct                    Exclusively Listed by:
Hayward, CA                           James Kilpatrick
Investment Opportunity
$1,265,000                            Kilpatrick & Company
                                3645 Grand Ave., Suite 303
                                        Oakland, CA  94610
                                    Office: (510) 844‐3647
                                   Mobile: (510) 290‐9647
                                        Fax: (510) 588‐5599
                         james@kilpatrickandcompany.com




Kilpatrick & Company            www.kilpatrickandcompany.com
                                                                                                   207 Hathaway Ct
                                                                                                       Hayward, CA



                                                                            Confidentiality Agreement & Disclaimer



       The information contained in the following Investment Summary is proprietary and strictly confidential.
        It is intended to be reviewed only by the party receiving it from Kilpatrick & Company Investment Real
         Estate Brokerage and should not be made available to any other person or entity without the written
            consent of Broker.  This Investment Summary has been prepared to provide summary, unverified
            information to prospective purchasers, and to establish only a preliminary level of interest in the
          subject property.  The information contained herein is not a substitute for a thorough due diligence
        investigation.  Broker has not made any investigation, and makes no warranty or representation, with
       respect to the income or expenses for the subject property, the future projected financial performance
      of the property, the size and square footage of the property and improvements, the presence or absence
          of contaminating substances, PCB's or asbestos, the compliance with State and Federal regulations,
       the physical condition of improvements thereon, or the financial condition or business prospects of any
             tenant, or any tenant's plans or intentions to continue occupancy of the subject property.  The 
          information contained in the Marketing Brochure has been obtained from sources we believe to be
        reliable; however, Broker has not verified, and will not verify, any of the information contained herein,
             nor has Broker conducted any investigation regarding these matters and makes no warranty or
            representation whatsoever regarding the accuracy or completeness of the information provided.
      All potential purchasers must take appropriate measures to verify all of the information set forth herein.


                                                  Please Contact:
                                                  James Kilpatrick
                                                   (510) 844‐3647




Kilpatrick & Company                                                                      www.kilpatrickandcompany.com
                                                                                                                            Investment Opportunity




                                                                                                                            Financial Analysis

            Property Address:                207 Hathaway Ct                                          Hayward, CA
Price:                                                $1,265,000
Down Payment:                                   32%    $400,000
Number of Units:                                           10
Cost/Unit:                                             $126,500
Cost/Sq. Foot:                                           $253
Approx. Sq. Ft.:                                         5,000
Current CAP:                                             6.65%
Market CAP:                                              7.41%
Current GRM:                                            10.59
Market GRM:                                              9.58
Approximate Age:                                         1959
Approximate Lot Size:                                   19,500
                                          Rent Schedule                                                          Annualized Expenses
    # of           Unit          Unit      Market     Mkt. Rent         Avg Current    Avg Current New Real Estate Property Tax:                  $13,706
    Units          Type         Sq. Ft.     Rent       /Sq. Ft.            Rent          /Sq. Ft.  Special Assessments:                            $3,281
                                                                                                   Insurance:                                      $4,643

      8             1/1          460       $1,050         $2.28            $950          $2.07      Total Fixed Expenses:                         $21,630

      2             2/1          660       $1,300         $1.97           $1,200         $1.82      Operational Expenses:

                                                                                                    Reserves:                                      $2,000
                                                                                                    PG&E                                            $434
                                                                                                    Garbage                                        $1,173
Totals:                         5,000      $11,000                        $9,950                    Water                                          $1,922
Laundry                                                                                             Repairs                                        $4,500

Total Income:                              $11,000                        $9,950                    Total Operating Expenses:                     $10,029
                                  Annualized Operating Data
                                                                                                    Total Expenses:                               $31,659
                                                          Current                        Market

Scheduled Rental Income:                                    $119,400                   $132,000
Scheduled Gross Income:                                     $119,400                   $132,000
Less Vacancy Rate:                             3.0%           $3,582            5.0%     $6,600                   Proposed Financing
Gross Operating Income:                                     $115,818                   $125,400     Seller Carry                                $865,000
Less Expenses:                                27.3%          $31,659           25.2%    $31,659     Interest Rate:                                  6.00%
Net Operating Income:                                        $84,159                    $93,741     Amortization:                                      30
Less Loan Payments:                                         ($62,233)                  ($62,233)    Monthly Payment:                               $5,186
Pre‐Tax Cash Flow:                             5.5%          $21,925            7.9%    $31,507




                                                                                                    Financing Also Availabe with Piedmont Capital Funding.  
                                                                                                          Please call (510) 740‐1445 for more details. 




Kilpatrick & Company                                                                                                   www.kilpatrickandcompany.com
                                                                                                                                              Rent Roll
Rent Roll dated:           3/5/2008
  Unit             Unit    Unit          Market            Mkt. Rent                 Current             Current Rent
                                                                                                                                       Comments
    #              Type    Sqft            Rent               /Sq. Ft.                  Rent                 /Sq. Ft.

    1              1/1     460        $          1,050   $                2.28   $                 950   $               2.07
    2              1/1     460        $          1,050   $                2.28   $                 950   $               2.07
    3              1/1     460        $          1,050   $                2.28   $                 950   $               2.07
    4              1/1     460        $          1,050   $                2.28   $                 950   $               2.07
    5              1/1     460        $          1,050   $                2.28   $                 950   $               2.07
    6              1/1     460        $          1,050   $                2.28   $                 925   $               2.01
    7              1/1     460        $          1,050   $                2.28   $                 925   $               2.01
    8              1/1     460        $          1,050   $                2.28   $                 950   $               2.07
    9              2/1     660        $          1,300   $                1.97   $             1,200     $               1.82
   10              2/1     660        $          1,300   $                1.97   $             1,200     $               1.82
                                                                                                                                 *Unit SqFt is Approximate
Totals:                    5,000              11,000
                                      $                  $                
                                                                         2.20                  9,950
                                                                                 $                                       1.99
                                                                                                         $                
Averages:                  460                   1,100
                                      $                  $                
                                                                         2.39                     995
                                                                                 $                                       2.16
                                                                                                         $                
Laundry
Parking
Total Income:                              11,000
                                      $                                                    9,950
                                                                                 $          
Upside in rental income:                         1,050
                                      $                     per month




Kilpatrick & Company                                                                                                            www.kilpatrickandcompany.com
                                                                                                                                                              Expenses

Property Address:                                                  207 Hathaway Ct                                                  Hayward, CA
Date:           4/9/2009
                                                     Expense            Per unit            Per SqFt         % of total   % of gross                   Notes
New Real Estate Property Tax:                      $       13,706     $         1,371     $           2.74    43.29%       11.83%             1.0835% Ad Valorem Tax
Special Assessments:                               $         3,281    $            328    $           0.66    10.36%        2.83%                   Per tax record
Insurance:                                         $         4,643    $            464    $           0.93    14.67%        4.01%                   Seller's Actual
Total Fixed Expenses:                              $       21,630     $         2,163     $           4.33    68.32%       18.68%

Operational Expenses:
Reserves:                  $                  
                                             200   $          2,000 $             200     $            
                                                                                                      0.40     6.32%        1.73%                 Estimate $200/unit
PG&E                                                                                 43
                                                   $             434 $                                0.09
                                                                                          $                    1.37%        0.37%                   Seller's Actual
Garbage                                            $          1,173 $            117      $           0.23     3.71%        1.01%                   Seller's Actual
Water                                              $          1,922 $            192      $           0.38     6.07%        1.66%                   Seller's Actual
Repairs                                            $          4,500 $            450      $           0.90    14.21%        3.89%                     Estimate*


Total Operating Expenses:                          $       10,029     $         1,003     $           2.01    31.68%        8.66%

Total Expenses:                                    $       31,659     $         3,166     $           6.33     100%        27.34%




                                                                                                                                       *Based on 2007 P&L
Kilpatrick & Company                                                                                                                            www.kilpatrickandcompany.com
                         
 
 
                                                       207 Hathaway Ct. 
SUBJECT PROPERTY                                           Hayward, CA
 




                                                                  
 
 
 
 
 
 




                                                                       
 
 
 


KILPATRICK & COMPANY 

 
 
                                  
 
 
                                                                       207 Hathaway Ct.
SUBJECT PROPERTY DISCUSSION                                                Hayward, CA
Property Summary                                   Area Map Zoom Out 

Lot Size: 19, 500 sq feet
Year Built: 1959
Building Square Footage: 5,000
Stories: 1
Foundation: Concrete
Construction: Wood Frame
Exterior: Stucco
Unit Mix: 2 – 2bd/1ba, 8 1bd/1ba
Parking: 10 private garages attached to each
unit
APN#: 429-0073-005




Property Description                               Area Map Zoom In 
 
The subject property is located in an
excellent part of Unincorporated Hayward.
This sought after location and rental area of
Hayward is just minutes from the A St exit off
880. The building has many improvements
including double paned windows, remodeled
bathrooms,        renovated    kitchens,    new
refrigerators, re-striped parking lot, new paint
and new carpets. Currently there are no
vacancies, and the property has a history of
little or no vacancies. This complex is perfect
for those commuting to Oakland, San
Francisco or the Silicon Valley as well as its
proximity to shopping and restaurants in the
Tri-Valley.      
 




 
 
 
 
KILPATRICK & COMPANY 

 
 
                                    
 
 
                                                                         207 Hathaway Ct.
SUBJECT PROPERTY DISCUSSION                                                  Hayward, CA
 
 
City Demographics                                  Satellite Zoom Out 
Hayward Demographics: 
 
• Med. household income:  $60,314 
 
• Median house value: $545,000 
 
• Population Density: 3,228/sq.mile 
    
• Owner Occupied: 53.17% Renter Occupied: 
   46.83% 
 
• Median age: 34 Years 


Property Highlights                                Satellite Zoom In 
 
•   2-2 Bedroom/ 1 Bath Units, 8 1 Bedroom/ 1

    Bath Units

•   Separately Metered for Gas & Electricity.

    Separate Water Heaters

•   Washer/Dryer Hookups in each Unit

•   Private Garage for each unit

•   Very Well Maintained

•   Cottage Style Units. Each Unit Has large

    outdoor backyard patio

•   Upside Potential in Rents – No Rent Control.




 

KILPATRICK & COMPANY 

 
 

								
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