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1979 Sugarloaf Mountain Ct Antioch, CA 94531

4 Beds 3 Baths 2,599 sqft Built 1998

$615,000

List Price

$2,840

$2.6K - $3.1K

Rent Est.

PROPERTY INFO

November 15, 2020 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 1998
  • Price/Sqft : $236.63
  • 2 Days on Market
  • MLS # : EB40929345
  • Updated Date : 11/14/2020 at 16:18
CONSTRUCTION
  • Beds : 4
  • Floor Size : 2,599 sqft
  • Baths : 3 full
Listing Agent

Terra Real Estate

Listing Agent's Description

Beautiful, Spacious home on a CORNER LOT in a quiet neighborhood. Well maintained 4+ bedrooms and 3 full bathrooms on a cul-de-sac. Large loft is an easy conversion to 5th Bedroom, if needed. Large master bedroom with 2 closets (including a large walk-in closet with Closet World closet system), family room with pre-wired surround sound speakers. Too many upgrades to mention, but upgrades include crown molding throughout the entire house, plantation shutters, recessed lighting, ceiling fans in each room, outlets for wall mounted TV's, windows with UV tint, and custom iron front door with phantom screen. GREAT LOCATION! Less than 1/2 mile from Diablo Park West. All school levels nearby; elementary school (less than a block away), middle school (3 blocks) and high school (4 blocks). Great place for a young family to call home.

SEE MORE

PRICE & RENT TRENDS

Zip Code: 94531

ZipNIR Market*CityMarket2010Year20002019300k400k500k600k700k800k900k1000kPrice in $214k1015k

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

Zip Code: 94531

ZipNIR 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
 

$553,500$676,500$615,000

PURCHASE PRICE

$2,556$3,124$2,840

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $2,840
EXPENSES Loan Payment -$2,269
Property Tax -$601
Property Insurance -$90
Property Management Fees -$149
CASH FLOW
-$268

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.

$615,000

PROJECTED PRICE

$2,840

PROJECTED RENT

0.46%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 5.00%
Appreciation Year (1-5) 10.1%
Maintenance Year (1-5) 8.00%
Vacancy 4.60%
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$25k

PROJECTED PROPERTY VALUE

30 YEAR PROJECTION

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

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$168,725

INVESTMENT

$168,725

Down Payment
$153,750
Rehab Estimate
$5,750
Closing Costs
$9,225

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

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

$2,269

MONTHLY LOAN PAYMENT

30 yr
Term
4.25%
Interest
25.00%
Down Payment
Term 30 Years
Interest 4.25%
Down Payment $153,750
Loan Amount $461,250
See What Happens When You Reinvest Cash Flow

5

YEARS SAVED

$37,395

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
  • $2,872

    COMP ESTIMATED VALUE
  • $1.11

    COMP AVG. RENT PER SQFT
Comps Range
$0
1$02$2,6503$2,7004$2,8005$3,000
$3,000
RENT COMPS ANALYSIS
  • 1979 Sugarloaf Mountain Ct Antioch, CA 1
    • 4 beds 3 baths ∙ 2,599 Sqft ∙ Built 1998 4 beds 3 baths ∙ 2,599 Sqft ∙ Built 1998
    property image
    • Rent
    • Rent Per SQFT
    •  
    • $0
    • $0.00
    •  
  • 2662 Wawona Ct Antioch, CA 2
    • 4 beds 3 baths ∙ 2,535 Sqft ∙ Built 2001 4 beds 3 baths ∙ 2,535 Sqft ∙ Built 2001
    property image
    LEASED 05/22/20
    • Rent
    • Rent Per SQFT
    •  
    • $2,650
    • $1.05
    •  
  • 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
    property image
    LEASED 03/29/20
    • Rent
    • Rent Per SQFT
    •  
    • $2,700
    • $1.11
    •  
  • 5414 Geronimo Ct Antioch, CA 4
    • 4 beds 3 baths ∙ 2,457 Sqft ∙ Built 1998 4 beds 3 baths ∙ 2,457 Sqft ∙ Built 1998
    property image
    LEASED 07/17/20
    • Rent
    • Rent Per SQFT
    •  
    • $2,800
    • $1.14
    •  
  • 1928 Tioga Pass Way Antioch, CA 5
    • 4 beds 3 baths ∙ 2,683 Sqft ∙ Built 1999 4 beds 3 baths ∙ 2,683 Sqft ∙ Built 1999
    property image
    LEASED 08/21/20
    • Rent
    • Rent Per SQFT
    •  
    • $3,000
    • $1.12
    •  
PROPERTY LISTING DETAILS
Toni Rodriguez
Terra Real Estate
BESbswy