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

1313 Jacobsen St Antioch, CA 94509

3 Beds 2 Baths 1,269 sqft Built 1960

$479,000

List Price

$2,050

$1.8K - $2.3K

Rent Est.

PROPERTY INFO

January 16, 2021 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 1960
  • Price/Sqft : $377.46
  • 2 Days on Market
  • MLS # : EB40934513
  • Updated Date : 01/16/2021 at 04:06
CONSTRUCTION
  • Beds : 3
  • Floor Size : 1,269 sqft
  • Baths : 2 full
Listing Agent

Skaggs Realty Group

Listing Agent's Description

Immaculate 3 bedroom 2 bath located in the Garrow Estates. Fresh paint inside and out, new carpet. Spacious living room. Large traditional formal dining room. Private backyard with huge patio. Additional backyard space with NO rear neighbors. 2 car garage. Close to restaurant's, stores, Bart and Freeway Access. Take walks around Lake Alhambra or spend time at the neighborhood park. Enjoy !!!

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
 

$431,100$526,900$479,000

PURCHASE PRICE

$1,845$2,255$2,050

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $2,050
EXPENSES Loan Payment -$1,664
Property Tax -$524
Property Insurance -$58
Property Management Fees -$149
CASH FLOW
-$344

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.

$479,000

PROJECTED PRICE

$2,050

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$1.8M

PROJECTED ANNUAL CASH FLOW

11530-$5.0k$0.0$5.0k$10k$15k

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$1.8M

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$132,685

INVESTMENT

$132,685

Down Payment
$119,750
Rehab Estimate
$5,750
Closing Costs
$7,185

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

A 60% down payment or higher enables the proceeds from the asset to cover all costs.

$1,664

MONTHLY LOAN PAYMENT

30 yr
Term
3.75%
Interest
25.00%
Down Payment
Term 30 Years
Interest 3.75%
Down Payment $119,750
Loan Amount $359,250
See What Happens When You Reinvest Cash Flow

3.5

YEARS SAVED

$14,515

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
  • $1,910

    COMP ESTIMATED VALUE
  • $1.51

    COMP AVG. RENT PER SQFT
Comps Range
$0
1$02$2,0953$2,500
$2,500
RENT COMPS ANALYSIS
  • 1313 Jacobsen St Antioch, CA 1
    • 3 beds 2 baths ∙ 1,269 Sqft ∙ Built 1960 3 beds 2 baths ∙ 1,269 Sqft ∙ Built 1960
    • Rent
    • Rent Per SQFT
    •  
    • $0
    • $0.00
    •  
  • 901 Basalt Way Antioch, CA 2
    • 3 beds 2 baths ∙ 1,469 Sqft ∙ Built 1980 3 beds 2 baths ∙ 1,469 Sqft ∙ Built 1980
    LEASED 02/05/20
    • Rent
    • Rent Per SQFT
    •  
    • $2,095
    • $1.43
    •  
  • 1131 Medanos St Antioch, CA 3
    • 3 beds 2 baths ∙ 1,586 Sqft ∙ Built 1942 3 beds 2 baths ∙ 1,586 Sqft ∙ Built 1942
    LEASED 09/13/20
    • Rent
    • Rent Per SQFT
    •  
    • $2,500
    • $1.58
    •  
PROPERTY LISTING DETAILS
Vincent Skaggs
Skaggs Realty Group
BESbswy