# 4116-4118 Moraga St · The Rent Hacker > Underwriting record for 4116-4118 Moraga St (San Francisco): the published verdict at The Rent Hacker's defaults, plus a calculator that reruns it at your numbers. Canonical: https://therenthacker.com/property/rh-aexfay/4116-4118-moraga-st/ Source: The Rent Hacker (https://therenthacker.com/). License: RSL, attribution required — https://therenthacker.com/license.xml --- Evaluated # 4116-4118 Moraga St At our cautious numbers, renting and putting the same money in index funds comes out ahead. It did not pass our bar. 94122 · San Francisco Underwritten as of 2026-08-25 · record v8 **Published at our defaults:** loses to the S&P, behind by $409,630 · S&P breakeven 1.2% first-pass screen [Run your own numbers on any building →](/calculator/) This record was published before we began recording the mortgage rate behind each verdict, so it cannot be re-run at your numbers. ## Property facts Asking price $1,295,000 Units 2 Beds / baths 3 / 2 Square feet 1,460 Year built 1910 Property type Multi-Family Unit count verified: 2 units, corroborated by county assessor records and the listing itself. Nearby projects on our catalyst watch: - 4114 Judah St (46th Ave) redevelopment · 0.4 mi · proposed - 3601 Lawton Street (AB 2011) · 0.6 mi · funded - Ocean Beach Climate Adaptation · 0.8 mi · approved From the 2026-08-25 screen: 71 scanned · 15 beat the S&P at our defaults · 56 rejected. ## If the market turns Modeled appreciation is an assumption, so we replayed this deal against history: every 10-year window in the federal house-price index for San Francisco County (41 windows), each one swapping its actual price path in for our modeled appreciation. History replay Years Ends vs the never-buy path Worst window 1989→1999 −$1,618,375 Median window 1991→2001 −$7,900 Best window 1996→2006 +$2,123,283 21 of the 41 windows ended behind the never-buy path. Replay the 2008 crash as it hit this area and the deal ends year 10 $725,391 behind the never-buy path; the deepest point comes in year 7, $804,494 behind. The replay holds rent growth to the local legal cap the whole way down. These windows track San Francisco County as a whole. Within the county, individual ZIPs' realized 10-year outcomes typically differed from the county's by about ±0.6 points/yr — one zip-decade in ten differed by ±1.8 points/yr or more, and the largest gap since 1975 was 7.4 points/yr. A specific building varies more than its ZIP, not less. ## Where these numbers come from Of the 10 inputs behind this analysis, 6 trace to evidence (our listing feed, area comps, county records); 1 is a standing convention; 2 are derived from other inputs. - **Purchase price**: our listing feed · corroborated - **Rent while you live in one unit**: derived from other inputs here · single source - **Rent after you move out**: local rent regulation · single source - **The rent you would pay on the never-buy path**: area rent comps and research bands · single source - **Property tax rate**: local rent regulation · single source - **Unit count**: county assessor records · corroborated A standing convention is a deliberate modeling choice we apply to every deal. We flag it rather than dress it up as evidence. ## What we could not verify - How far these numbers could move: we run that spread only for the eight strongest properties in each ZIP, and this one was not among them. The cautious numbers above are the only ones we have for it. Members on a paid plan can request verification. ## Order the verified underwrite This page is our automated underwriting. Order the verified report and a person does the rest by hand: the live listing, the photos, the parcel's exact tax bill, the rents. The finished report publishes right here on this page, within one business day. [Underwrite this building — $79](/lookup/?address=4116-4118%20Moraga%20St#underwrite) or [take the pass](/checkout/?tier=pass) at $49/mo and open every building that wins, the week it lists. ## Want this for an address you pick? Every week we underwrite this metro’s 2-4 unit listings against the S&P and publish the [whole board](/board/), with the reason on every one we rejected. [Or look up a specific San Francisco address](/lookup/) ## Want this analysis for another address? Any San Francisco address, underwritten the same way — cautious rents, the registry, the S&P line. [Underwrite an address →](/lookup/) A full report like this one, for an address you pick: Underwrite an address — $79, delivered within one business day. Record v8 · engine aafb236 · profile fha-house-hack Next ## This is one row of the San Francisco board. The run of August 25, 2026 put every two-to-four-unit listing in San Francisco through the same comparison. The rest of the board, losers and rejections included, is one page. [See the San Francisco board](/board/sf-proper/) [Underwrite one address for $79](/lookup/#underwrite) [Take the pass, $49/mo](/checkout/?tier=pass&r=sf) In our guide to house hacking San Francisco: [Inner/Outer Sunset / Golden Gate Heights (94122)](/house-hacking/sf-sunset-94122/) · [San Francisco guide](/house-hacking/san-francisco/)