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2005 Field St Antioch, CA 94509

3 Beds 2 Baths 1,159 sqft Built 1961

$429,900

List Price

$1,880

$1.7K - $2.1K

Rent Est.

PROPERTY INFO

November 03, 2020 RECENTLY ADDED
FACTS
  • Built In 1961
  • Price/Sqft : $370.92
  • 2 Days on Market
  • MLS # : CC40927856
  • Updated Date : 11/02/2020 at 15:55
CONSTRUCTION
  • Beds : 3
  • Floor Size : 1,159 sqft
  • Baths : 2 full
Listing Agent

Bruce M. Croskey

Listing Agent's Description

Move in ready home with large bedrooms, large lot, possible RV/boat parking is ready for you. Covered patio with lights, storage shed, and a blank slate for your personal designs make the backyard full of possibilities. Garden window in the kitchen brings in lots of natural lighting.

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
Turner Elementary School Primary Regular 613 21 1
Antioch Middle School Middle Regular 759 28 1
Antioch High School High Regular 1,774 76 3

Turner Elementary School

  • Education Level: Primary
  • # of students: 613
  • # of teachers: 21
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
 

$386,910$472,890$429,900

PURCHASE PRICE

$1,692$2,068$1,880

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $1,880
EXPENSES Loan Payment -$1,586
Property Tax -$470
Property Insurance -$55
Property Management Fees -$149
CASH FLOW
-$380

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.

$429,900

PROJECTED PRICE

$1,880

PROJECTED RENT

0.44%

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

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

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$119,674

INVESTMENT

$119,674

Down Payment
$107,475
Rehab Estimate
$5,750
Closing Costs
$6,449

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

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

$1,586

MONTHLY LOAN PAYMENT

30 yr
Term
4.25%
Interest
25.00%
Down Payment
Term 30 Years
Interest 4.25%
Down Payment $107,475
Loan Amount $322,425
See What Happens When You Reinvest Cash Flow

3.17

YEARS SAVED

$12,727

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
  • $1,880

    COMP ESTIMATED VALUE
  • $1.62

    COMP AVG. RENT PER SQFT
Comps Range
$0
1$02$2,0953$2,1004$2,3005$2,400
$2,400
RENT COMPS ANALYSIS
  • 2005 Field St Antioch, CA 1
    • 3 beds 2 baths ∙ 1,159 Sqft ∙ Built 1961 3 beds 2 baths ∙ 1,159 Sqft ∙ Built 1961
    • Rent
    • Rent Per SQFT
    •  
    • $0
    • $0.00
    •  
  • 4404 Reimche Dr Antioch, CA 2
    • 3 beds 2 baths ∙ 1,290 Sqft ∙ Built 1965 3 beds 2 baths ∙ 1,290 Sqft ∙ Built 1965
    LEASED 12/20/19
    • Rent
    • Rent Per SQFT
    •  
    • $2,095
    • $1.62
    •  
  • 4337 Palo Verde Dr Pittsburg, CA 3
    • 3 beds 2 baths ∙ 1,422 Sqft ∙ Built 1972 3 beds 2 baths ∙ 1,422 Sqft ∙ Built 1972
    LEASED 04/24/20
    • Rent
    • Rent Per SQFT
    •  
    • $2,100
    • $1.48
    •  
  • 1030 Jensen Cir Pittsburg, CA 4
    • 3 beds 2 baths ∙ 1,351 Sqft ∙ Built 1971 3 beds 2 baths ∙ 1,351 Sqft ∙ Built 1971
    LEASED 06/01/19
    • Rent
    • Rent Per SQFT
    •  
    • $2,300
    • $1.70
    •  
  • Delta Fair Blvd Antioch, CA 5
    • 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
    •  
PROPERTY LISTING DETAILS
Bruce Croskey
Bruce M. Croskey
BESbswy