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1701 Lilac Ln Antioch, CA 94509

4 Beds 2 Baths 1,562 sqft Built 1970

$469,000

List Price

$2,300

$2.1K - $2.5K

Rent Est.

PROPERTY INFO

November 26, 2020 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 1970
  • Price/Sqft : $300.26
  • 4 Days on Market
  • MLS # : BE40930386
  • Updated Date : 11/27/2020 at 19:28
CONSTRUCTION
  • Beds : 4
  • Floor Size : 1,562 sqft
  • Baths : 2 full
Listing Agent

St George Realty

Listing Agent's Description

BLACK FRIDAY SPECIAL: 4 bedroom, Single story home with RV/Boat parking and large flat lot with backyard privacy for under $500,000 in the Bay Area... Move-in Ready. Won't last long, see it for yourself today!

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
Fremont Elementary School Primary Regular 552 20 1
Antioch Middle School Middle Regular 759 28 1
Antioch High School High Regular 1,774 76 3

Fremont Elementary School

  • Education Level: Primary
  • # of students: 552
  • # of teachers: 20
1
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
 

$422,100$515,900$469,000

PURCHASE PRICE

$2,070$2,530$2,300

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $2,300
EXPENSES Loan Payment -$1,730
Property Tax -$513
Property Insurance -$65
Property Management Fees -$149
CASH FLOW
-$157

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.

$469,000

PROJECTED PRICE

$2,300

PROJECTED RENT

0.49%

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

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$130,035

INVESTMENT

$130,035

Down Payment
$117,250
Rehab Estimate
$5,750
Closing Costs
$7,035

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

A 50% down payment or higher enables the proceeds from the asset to cover all costs.

$1,730

MONTHLY LOAN PAYMENT

30 yr
Term
4.25%
Interest
25.00%
Down Payment
Term 30 Years
Interest 4.25%
Down Payment $117,250
Loan Amount $351,750
See What Happens When You Reinvest Cash Flow

5.67

YEARS SAVED

$36,094

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
  • $2,460

    COMP ESTIMATED VALUE
  • $1.58

    COMP AVG. RENT PER SQFT
Comps Range
$0
1$02$2,4003$2,4004$2,5005$2,600
$2,600
RENT COMPS ANALYSIS
  • 1701 Lilac Ln Antioch, CA 1
    • 4 beds 2 baths ∙ 1,562 Sqft ∙ Built 1970 4 beds 2 baths ∙ 1,562 Sqft ∙ Built 1970
    • Rent
    • Rent Per SQFT
    •  
    • $0
    • $0.00
    •  
  • Delta Fair Blvd Antioch, CA 2
    • 3 beds 2 baths ∙ 1,424 Sqft ∙ Built 1961 3 beds 2 baths ∙ 1,424 Sqft ∙ Built 1961
    LEASED 05/28/20
    • Rent
    • Rent Per SQFT
    •  
    • $2,400
    • $1.69
    •  
  • 1109 Saint Frances Dr Antioch, CA 3
    • 3 beds 2 baths ∙ 1,579 Sqft ∙ Built 1969 3 beds 2 baths ∙ 1,579 Sqft ∙ Built 1969
    LEASED 12/15/19
    • Rent
    • Rent Per SQFT
    •  
    • $2,400
    • $1.52
    •  
  • 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
    •  
  • 2762 Del Oro Cir Antioch, CA 5
    • 4 beds 2 baths ∙ 1,631 Sqft ∙ Built 1967 4 beds 2 baths ∙ 1,631 Sqft ∙ Built 1967
    LEASED 03/14/20
    • Rent
    • Rent Per SQFT
    •  
    • $2,600
    • $1.59
    •  
PROPERTY LISTING DETAILS
Steve St George
St George Realty
BESbswy