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2332 Quartz Way Antioch, CA 94531

4 Beds 3 Baths 3,272 sqft Built 2003

$725,000

List Price

$3,100

$2.9K - $3.4K

Rent Est.

PROPERTY INFO

November 25, 2020 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 2003
  • Price/Sqft : $221.58
  • 5 Days on Market
  • MLS # : CC40927734
  • Updated Date : 11/25/2020 at 20:59
CONSTRUCTION
  • Beds : 4
  • Floor Size : 3,272 sqft
  • Baths : 3 full
Listing Agent

J. Rockcliff Realtors Inc.

Listing Agent's Description

This open floor concept family friendly 4bd, 3ba lovingly maintained property flows to beautiful back yard patio & pool, picnic ready,with premium lot & built in BBQ. One bedroom down, plus office, master bedroom suite up, + rumpus room up. Built in craft center in upstairs rumpus room. RV parking, premium lot adjoins city maintained open space. No neighbors to left; back court location.Total privacy on 2 sides. Great commute location, minutes to freeway with country quiet when you get home.

SEE MORE

PRICE & RENT TRENDS

Neighborhood: Deer Valley

ZipNIR Market*CityMarket2010Year20002019300k400k500k600k700k800k900k1000kPrice in $214k1015k

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

Neighborhood: Deer Valley

NeighborhoodNIR 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
Jack London Elementary School Primary Regular 515 20 3
Black Diamond Middle School Middle Regular 667 25 1
Deer Valley High School High Regular 2,659 113 5

Jack London Elementary School

  • Education Level: Primary
  • # of students: 515
  • # of teachers: 20
3
GreatSchools Rating

Black Diamond Middle School

  • Education Level: Middle
  • # of students: 667
  • # of teachers: 25
1
GreatSchools Rating

Deer Valley High School

  • Education Level: High
  • # of students: 2,659
  • # of teachers: 113
5
GreatSchools Rating
 

$652,500$797,500$725,000

PURCHASE PRICE

$2,790$3,410$3,100

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $3,100
EXPENSES Loan Payment -$2,675
Property Tax -$705
Property Insurance -$106
Property Management Fees -$152
CASH FLOW
-$538

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.

$725,000

PROJECTED PRICE

$3,100

PROJECTED RENT

0.43%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 5.00%
Appreciation Year (1-5) 9.9%
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$2.5M

PROJECTED ANNUAL CASH FLOW

11530-$10k-$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$2.5M

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$197,875

INVESTMENT

$197,875

Down Payment
$181,250
Rehab Estimate
$5,750
Closing Costs
$10,875

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

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

$2,675

MONTHLY LOAN PAYMENT

30 yr
Term
4.25%
Interest
25.00%
Down Payment
Term 30 Years
Interest 4.25%
Down Payment $181,250
Loan Amount $543,750
See What Happens When You Reinvest Cash Flow

3.25

YEARS SAVED

$23,117

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
  • $3,130

    COMP ESTIMATED VALUE
  • $0.96

    COMP AVG. RENT PER SQFT
Comps Range
$0
1$02$2,7953$2,8004$3,195
$3,195
RENT COMPS ANALYSIS
  • 2332 Quartz Way Antioch, CA 1
    • 4 beds 3 baths ∙ 3,272 Sqft ∙ Built 2003 4 beds 3 baths ∙ 3,272 Sqft ∙ Built 2003
    • Rent
    • Rent Per SQFT
    •  
    • $0
    • $0.00
    •  
  • 2662 Zepher Ct Antioch, CA 2
    • 5 beds 4 baths ∙ 2,991 Sqft ∙ Built 2001 5 beds 4 baths ∙ 2,991 Sqft ∙ Built 2001
    LEASED 08/06/20
    • Rent
    • Rent Per SQFT
    •  
    • $2,795
    • $0.93
    •  
  • 2620 Carson Way Antioch, CA 3
    • 4 beds 3 baths ∙ 2,999 Sqft ∙ Built 2000 4 beds 3 baths ∙ 2,999 Sqft ∙ Built 2000
    LEASED 03/19/20
    • Rent
    • Rent Per SQFT
    •  
    • $2,800
    • $0.93
    •  
  • 5380 Rockrose Way Antioch, CA 4
    • 5 beds 4 baths ∙ 3,148 Sqft ∙ Built 2002 5 beds 4 baths ∙ 3,148 Sqft ∙ Built 2002
    LEASED 08/29/20
    • Rent
    • Rent Per SQFT
    •  
    • $3,195
    • $1.01
    •  
PROPERTY LISTING DETAILS
Nancy Crawford
J. Rockcliff Realtors Inc.
BESbswy