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1409 Stoney Gorge Way Antioch, CA 94531

4 Beds 3 Baths 2,240 sqft Built 1997

$580,000

List Price

$2,560

$2.3K - $2.8K

Rent Est.

PROPERTY INFO

November 08, 2020 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 1997
  • Price/Sqft : $258.93
  • 8 Days on Market
  • MLS # : EB40928535
  • Updated Date : 11/11/2020 at 18:09
CONSTRUCTION
  • Beds : 4
  • Floor Size : 2,240 sqft
  • Baths : 3 full
Listing Agent

Keller Williams

Listing Agent's Description

Welcome home! This is the one you have been waiting for. Featuring wood floors throughout, kitchen with stainless steel appliances, gas stove and beautiful views to the backyard. Full bed/bath downstairs. Family room with high ceilings and fireplace. Large master suite with walk-in closet. The huge backyard offers a refreshing swimming pool & spa with no rear neighbors. Enjoy saving on your electricity bill with OWNED SOLAR!

SEE MORE

PRICE & RENT TRENDS

Neighborhood: Dallas Ranch

ZipNIR Market*CityMarket2010Year20002019300k400k500k600k700k800k900k1000kPrice in $206k1015k

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

Neighborhood: Dallas Ranch

NeighborhoodNIR Market*CityMarket2010Year20012019 Q2140016001800200022002400260028003000Rent in $12473193

* 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
Lone Tree Elementary School Primary Regular 792 28 3
Dallas Ranch Middle School Middle Regular 1,238 46 3
Deer Valley High School High Regular 2,659 113 5

Lone Tree Elementary School

  • Education Level: Primary
  • # of students: 792
  • # of teachers: 28
3
GreatSchools Rating

Dallas Ranch Middle School

  • Education Level: Middle
  • # of students: 1,238
  • # of teachers: 46
3
GreatSchools Rating

Deer Valley High School

  • Education Level: High
  • # of students: 2,659
  • # of teachers: 113
5
GreatSchools Rating
 

$522,000$638,000$580,000

PURCHASE PRICE

$2,304$2,816$2,560

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $2,560
EXPENSES Loan Payment -$2,140
Property Tax -$566
Property Insurance -$81
Property Management Fees -$149
CASH FLOW
-$376

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.

$580,000

PROJECTED PRICE

$2,560

PROJECTED RENT

0.44%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 5.00%
Appreciation Year (1-5) 8.6%
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$500k$1.0M$1.5M$2.0M

PROJECTED ANNUAL CASH FLOW

11530-$5.0k$0.0$5.0k$10k$15k$20k

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$159,450

INVESTMENT

$159,450

Down Payment
$145,000
Rehab Estimate
$5,750
Closing Costs
$8,700

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

A 55% down payment or higher enables the proceeds from the asset to cover all costs.

$2,140

MONTHLY LOAN PAYMENT

30 yr
Term
4.25%
Interest
25.00%
Down Payment
Term 30 Years
Interest 4.25%
Down Payment $145,000
Loan Amount $435,000
See What Happens When You Reinvest Cash Flow

3.83

YEARS SAVED

$24,755

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
  • $2,542

    COMP ESTIMATED VALUE
  • $1.14

    COMP AVG. RENT PER SQFT
Comps Range
$0
1$02$2,0063$2,7004$2,7505$2,949
$2,949
RENT COMPS ANALYSIS
  • 1409 Stoney Gorge Way Antioch, CA 1
    • 4 beds 3 baths ∙ 2,240 Sqft ∙ Built 1997 4 beds 3 baths ∙ 2,240 Sqft ∙ Built 1997
    • Rent
    • Rent Per SQFT
    •  
    • $0
    • $0.00
    •  
  • 1833 Kern Mountain Way Antioch, CA 2
    • 3 beds 3 baths ∙ 2,066 Sqft ∙ Built 1999 3 beds 3 baths ∙ 2,066 Sqft ∙ Built 1999
    LEASED 02/27/20
    • Rent
    • Rent Per SQFT
    •  
    • $2,006
    • $0.97
    •  
  • 2017 Tioga Pass Way Antioch, CA 3
    • 4 beds 3 baths ∙ 2,440 Sqft ∙ Built 2001 4 beds 3 baths ∙ 2,440 Sqft ∙ Built 2001
    LEASED 03/29/20
    • Rent
    • Rent Per SQFT
    •  
    • $2,700
    • $1.11
    •  
  • 1908 Badger Pass Way Antioch, CA 4
    • 4 beds 3 baths ∙ 2,196 Sqft ∙ Built 1998 4 beds 3 baths ∙ 2,196 Sqft ∙ Built 1998
    LEASED 02/25/20
    • Rent
    • Rent Per SQFT
    •  
    • $2,750
    • $1.25
    •  
  • 2072 Schell Mountain Way Antioch, CA 5
    • 4 beds 3 baths ∙ 2,440 Sqft ∙ Built 2001 4 beds 3 baths ∙ 2,440 Sqft ∙ Built 2001
    LEASED 03/17/20
    • Rent
    • Rent Per SQFT
    •  
    • $2,949
    • $1.21
    •  
PROPERTY LISTING DETAILS
Laura Nelson
Keller Williams
BESbswy