Work with a dedicated Real Estate Advisor who will take your financial preferences and help you select and acquire properties that fit your criteria. Learn more

1205 Miller St Antioch, CA 94509

3 Beds 1 Baths 1,051 sqft Built 1956

$399,900

List Price

$1,700

$1.5K - $1.9K

Rent Est.

PROPERTY INFO

December 03, 2020 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 1956
  • Price/Sqft : $380.49
  • 5 Days on Market
  • MLS # : CC40930881
  • Updated Date : 12/03/2020 at 09:43
CONSTRUCTION
  • Beds : 3
  • Floor Size : 1,051 sqft
  • Baths : 1 full
Listing Agent

Compass

Listing Agent's Description

Nicely updated 3 bedroom 1 bath Nestled in a quiet Family Oriented Neighborhood, Features a Bright and Open Floor Plan with Plenty of Natural Light, Updated Kitchen, New Paint, Updated Bathroom, Dual Pane Windows, Newer Flooring, Central Heat and A/C, Spacious and Private Backyard Perfect for Entertainment Gardening with Potential to Build a Swimming Pool, New Fence, Just Blocks to Lake Alhambra, Easy Freeway Access, Close to new Bart station, Close to Parks and Schools.

SEE MORE

PRICE & RENT TRENDS

Zip Code: 94509

ZipNIR Market*CityMarket2010Year20002019200k300k400k500k600k700k800k900k1000kPrice in $190k1015k

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

Zip Code: 94509

ZipNIR Market*CityMarket2010Year20012019 Q21200140016001800200022002400260028003000Rent in $11393193

* 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
Kimball Elementary School Primary Regular 544 19 2
Antioch Middle School Middle Regular 759 28 1
Antioch High School High Regular 1,774 76 3

Kimball Elementary School

  • Education Level: Primary
  • # of students: 544
  • # of teachers: 19
2
GreatSchools Rating

Antioch Middle School

  • Education Level: Middle
  • # of students: 759
  • # of teachers: 28
1
GreatSchools Rating

Antioch High School

  • Education Level: High
  • # of students: 1,774
  • # of teachers: 76
3
GreatSchools Rating
 

$359,910$439,890$399,900

PURCHASE PRICE

$1,530$1,870$1,700

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $1,700
EXPENSES Loan Payment -$1,475
Property Tax -$437
Property Insurance -$53
Property Management Fees -$149
CASH FLOW
-$414

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.

$399,900

PROJECTED PRICE

$1,700

PROJECTED RENT

0.43%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 5.00%
Appreciation Year (1-5) 12.4%
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$200k$400k$600k$800k$1.0M$1.2M$1.4M$1.6M

PROJECTED ANNUAL CASH FLOW

11530-$5.0k$0.0$5.0k$10k

PROJECTED PROPERTY VALUE

30 YEAR PROJECTION

  • Appreciation
  • Principal
  • Loan Balance
11530$0.0$200k$400k$600k$800k$1.0M$1.2M$1.4M$1.6M

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$111,724

INVESTMENT

$111,724

Down Payment
$99,975
Rehab Estimate
$5,750
Closing Costs
$5,999

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

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

$1,475

MONTHLY LOAN PAYMENT

30 yr
Term
4.25%
Interest
25.00%
Down Payment
Term 30 Years
Interest 4.25%
Down Payment $99,975
Loan Amount $299,925
See What Happens When You Reinvest Cash Flow

2.42

YEARS SAVED

$8,277

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
  • $1,461

    COMP ESTIMATED VALUE
  • $1.39

    COMP AVG. RENT PER SQFT
Comps Range
$0
1$02$1,2953$1,695
$1,695
RENT COMPS ANALYSIS
  • 1205 Miller St Antioch, CA 1
    • 3 beds 1 baths ∙ 1,051 Sqft ∙ Built 1956 3 beds 1 baths ∙ 1,051 Sqft ∙ Built 1956
    • Rent
    • Rent Per SQFT
    •  
    • $0
    • $0.00
    •  
  • 6 El Capitan Ln Antioch, CA 2
    • 3 beds 2 baths ∙ 1,081 Sqft ∙ Built 1972 3 beds 2 baths ∙ 1,081 Sqft ∙ Built 1972
    LEASED 11/19/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,295
    • $1.20
    •  
  • 619 W 17th St B Antioch, CA 3
    • 3 beds 1 baths ∙ 1,070 Sqft ∙ Built 1938 3 beds 1 baths ∙ 1,070 Sqft ∙ Built 1938
    LEASED 10/29/19
    • Rent
    • Rent Per SQFT
    •  
    • $1,695
    • $1.58
    •  
PROPERTY LISTING DETAILS
Roger Lopez
Compass
BESbswy