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208 Brookside Dr Antioch, CA 94509

3 Beds 2 Baths 1,389 sqft Built 1973

$475,000

List Price

$2,330

$2.1K - $2.6K

Rent Est.

PROPERTY INFO

December 18, 2020 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 1973
  • Price/Sqft : $341.97
  • 4 Days on Market
  • MLS # : CC40932259
  • Updated Date : 12/18/2020 at 18:52
CONSTRUCTION
  • Beds : 3
  • Floor Size : 1,389 sqft
  • Baths : 2 full
Listing Agent

Corcoran Global Living

Listing Agent's Description

Welcome to this well maintained and very clean home! Newer paint, new deck and patio cover! Kitchen has been updated, has a beautiful bay window, granite counters and tiled floors extending to entry. Separate family room has wood burning fireplace and wood laminate flooring, has a separate living room, dual paned windows and no rear neighbors! Master bath room has also been updated with walk in shower. Hall and bedrooms have carpet. Minutes to Hwy 4 access, grocery stores, schools & Medical Center!

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
Belshaw Elementary School Primary Regular 540 21 2
Park Middle School Middle Regular 997 41 3
Antioch High School High Regular 1,774 76 3

Belshaw Elementary School

  • Education Level: Primary
  • # of students: 540
  • # of teachers: 21
2
GreatSchools Rating

Park Middle School

  • Education Level: Middle
  • # of students: 997
  • # of teachers: 41
3
GreatSchools Rating

Antioch High School

  • Education Level: High
  • # of students: 1,774
  • # of teachers: 76
3
GreatSchools Rating
 

$427,500$522,500$475,000

PURCHASE PRICE

$2,097$2,563$2,330

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $2,330
EXPENSES Loan Payment -$1,753
Property Tax -$520
Property Insurance -$61
Property Management Fees -$149
CASH FLOW
-$152

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.

$475,000

PROJECTED PRICE

$2,330

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$131,625

INVESTMENT

$131,625

Down Payment
$118,750
Rehab Estimate
$5,750
Closing Costs
$7,125

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

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

$1,753

MONTHLY LOAN PAYMENT

30 yr
Term
4.25%
Interest
25.00%
Down Payment
Term 30 Years
Interest 4.25%
Down Payment $118,750
Loan Amount $356,250
See What Happens When You Reinvest Cash Flow

5.83

YEARS SAVED

$37,271

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
  • $2,115

    COMP ESTIMATED VALUE
  • $1.52

    COMP AVG. RENT PER SQFT
Comps Range
$0
1$02$2,0953$2,4004$2,5005$2,595
$2,595
RENT COMPS ANALYSIS
  • 208 Brookside Dr Antioch, CA 1
    • 3 beds 2 baths ∙ 1,389 Sqft ∙ Built 1973 3 beds 2 baths ∙ 1,389 Sqft ∙ Built 1973
    • Rent
    • Rent Per SQFT
    •  
    • $0
    • $0.00
    •  
  • 901 Basalt Way Antioch, CA 2
    • 3 beds 2 baths ∙ 1,469 Sqft ∙ Built 1980 3 beds 2 baths ∙ 1,469 Sqft ∙ Built 1980
    LEASED 02/05/20
    • Rent
    • Rent Per SQFT
    •  
    • $2,095
    • $1.43
    •  
  • 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
    •  
  • 113 Ridgerock Dr Antioch, CA 5
    • 3 beds 2 baths ∙ 1,584 Sqft ∙ Built 1966 3 beds 2 baths ∙ 1,584 Sqft ∙ Built 1966
    LEASED 03/12/20
    • Rent
    • Rent Per SQFT
    •  
    • $2,595
    • $1.64
    •  
PROPERTY LISTING DETAILS
Laura Zamora
Corcoran Global Living
BESbswy