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1501 Trembath Ln Antioch, CA 94509

3 Beds 2 Baths 1,524 sqft Built 1944

$649,000

List Price

$2,020

$1.8K - $2.2K

Rent Est.

PROPERTY INFO

December 02, 2020 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 1944
  • Price/Sqft : $425.85
  • 6 Days on Market
  • MLS # : EB40930749
  • Updated Date : 12/01/2020 at 21:15
CONSTRUCTION
  • Beds : 3
  • Floor Size : 1,524 sqft
  • Baths : 2 full
Listing Agent

Delta Ranches & Homes, Inc.

Listing Agent's Description

Leave the city behind, drive! This private road is an area you didn't imagine could be so close to the city. The neighbors request 5 mph, please use care in this darling neighborhood. This property will appeal to everyone, the main home is absolutely darling, with it's trendy design, hardwood floors and keeps the flare of classic combined with trendy. The ceilings have wood beam design, the red brick fireplace are perfect with the knotty wood floors. The kitchen has been completely updated and offers high end stainless steel appliances, white cabinets and corian counters. Need more space, check out the cottage next door. Still more space, bring all the toys to almost a full acre of level space and a 6 car garage, perfect for the car enthusiast.

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
 

$584,100$713,900$649,000

PURCHASE PRICE

$1,818$2,222$2,020

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $2,020
EXPENSES Loan Payment -$2,395
Property Tax -$612
Property Insurance -$64
Property Management Fees -$149
CASH FLOW
-$1,200

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.

$649,000

PROJECTED PRICE

$2,020

PROJECTED RENT

0.31%

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$500k$1.0M$1.5M$2.0M$2.5M

PROJECTED ANNUAL CASH FLOW

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

PROJECTED PROPERTY VALUE

30 YEAR PROJECTION

  • Appreciation
  • Principal
  • Loan Balance
11530$0.0$500k$1.0M$1.5M$2.0M$2.5M

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$177,735

INVESTMENT

$177,735

Down Payment
$162,250
Rehab Estimate
$5,750
Closing Costs
$9,735

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

A 75% down payment or higher enables the proceeds from the asset to cover all costs.

$2,395

MONTHLY LOAN PAYMENT

30 yr
Term
4.25%
Interest
25.00%
Down Payment
Term 30 Years
Interest 4.25%
Down Payment $162,250
Loan Amount $486,750
See What Happens When You Reinvest Cash Flow

0.17

YEARS SAVED

$68

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
  • $2,210

    COMP ESTIMATED VALUE
  • $1.45

    COMP AVG. RENT PER SQFT
Comps Range
$0
1$02$2,2003$2,3504$2,500
$2,500
RENT COMPS ANALYSIS
  • 1501 Trembath Ln Antioch, CA 1
    • 3 beds 2 baths ∙ 1,524 Sqft ∙ Built 1944 3 beds 2 baths ∙ 1,524 Sqft ∙ Built 1944
    • Rent
    • Rent Per SQFT
    •  
    • $0
    • $0.00
    •  
  • 215 W 7th St Antioch, CA 2
    • 3 beds 1 baths ∙ 1,392 Sqft ∙ Built 1930 3 beds 1 baths ∙ 1,392 Sqft ∙ Built 1930
    LEASED 12/08/19
    • Rent
    • Rent Per SQFT
    •  
    • $2,200
    • $1.58
    •  
  • 33 Kimball Ct Antioch, CA 3
    • 4 beds 2 baths ∙ 1,855 Sqft ∙ Built 1953 4 beds 2 baths ∙ 1,855 Sqft ∙ Built 1953
    LEASED 10/12/20
    • Rent
    • Rent Per SQFT
    •  
    • $2,350
    • $1.27
    •  
  • 301 Robert St Antioch, CA 4
    • 3 beds 1 baths ∙ 1,664 Sqft ∙ Built 1955 3 beds 1 baths ∙ 1,664 Sqft ∙ Built 1955
    LEASED 11/20/20
    • Rent
    • Rent Per SQFT
    •  
    • $2,500
    • $1.50
    •  
PROPERTY LISTING DETAILS
Lori Abreu
Delta Ranches & Homes, Inc.
BESbswy