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2432 Sequoia Dr Antioch, CA 94509

3 Beds 2 Baths 1,058 sqft Built 1979

INVESTimate

$435,000

List Price

$1,870

$1,683 - $2,057

Rent Est.

$488,723  ( +12.35%)   1 YR EST. FORECAST

PROPERTY INFO

August 20, 2020 RECENTLY ADDED
FACTS
  • Built In 1979
  • Price/Sqft : $411.15
  • 7 Days on Market
  • MLS # : EB40911652
  • Updated Date : 08/20/2020 at 09:27
CONSTRUCTION
  • Beds : 3
  • Floor Size : 1,058 sqft
  • Baths : 2 full
Listing Agent

Keller Williams

Listing Agent's Description

Lovely home, upgraded and well taken care of home. Backs to open space, no rear neighbors. Landscaped, easy care front yard. Front gate opens to quaint patio for coffee mornings or evening cocktails. Upgrades throughout! The carpet/flooring <2yrs old, upgraded kitchen big enough for full size table, and upgraded bathrooms. Backyard is landscaped and has a covered patio. Security fencing surrounds property and there is a state of the art security system with cameras. Close to schools, shopping, trails and more. **FOLLOW POSTED SHOWING PROTOCOL** No more than 2 Buyers and 1 Agent allowed at a time. Masks Required - bring your own as well as gloves/shoe covers as desired.

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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
Mission Elementary School Primary Regular 672 25 2
Park Middle School Middle Regular 997 41 3
Antioch High School High Regular 1,774 76 3

Mission Elementary School

  • Education Level: Primary
  • # of students: 672
  • # of teachers: 25
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
 

$391,500$478,500$435,000

PURCHASE PRICE

$1,683$2,057$1,870

RENT

DOWN PAYMENT
FINANCING

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

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

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $1,870
EXPENSES Loan Payment -$1,605
Property Tax -$493
Property Insurance -$53
Property Management Fees -$149
CASH FLOW
-$430

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.

$435,000

PROJECTED PRICE

$1,870

PROJECTED RENT

0.43%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 5.00%
Appreciation Year (1-5) 12.35%
Maintenance Year (1-5) 8.00%
Vacancy 4.63%
Length of Stay Years 2

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$121,025

INVESTMENT

$121,025

Down Payment
$108,750
Rehab Estimate
$5,750
Closing Costs
$6,525

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

A 65% down payment or higher enables the proceeds from the asset to cover all costs.

$1,605

MONTHLY LOAN PAYMENT

30 yr
Term
4.25%
Interest
25.00%
Down Payment
Term 30 Years
Interest 4.25%
Down Payment $108,750
Loan Amount $326,250
See What Happens When You Reinvest Cash Flow

2.5

YEARS SAVED

$9,741

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
  • $1,857

    COMP ESTIMATED VALUE
  • $1.76

    COMP AVG. RENT PER SQFT
Comps Range
$0
1$02$1,8953$1,8954$2,2505$2,300
$2,300
RENT COMPS ANALYSIS
  • 2432 Sequoia Dr Antioch, 1
    • 3 beds 2 baths ∙ 1,058 Sqft ∙ Built 1979 3 beds 2 baths ∙ 1,058 Sqft ∙ Built 1979
    • Rent
    • Rent Per SQFT
    •  
    • $0
    • $0.00
    •  
  • 2312 Sequoia Dr Antioch, 2
    • 3 beds 2 baths ∙ 1,058 Sqft ∙ Built 1979 3 beds 2 baths ∙ 1,058 Sqft ∙ Built 1979
    LEASED 09/26/19
    • Rent
    • Rent Per SQFT
    •  
    • $1,895
    • $1.79
    •  
  • 2351 Sequoia Dr Antioch, 3
    • 3 beds 2 baths ∙ 1,058 Sqft ∙ Built 1979 3 beds 2 baths ∙ 1,058 Sqft ∙ Built 1979
    LEASED 08/07/19
    • Rent
    • Rent Per SQFT
    •  
    • $1,895
    • $1.79
    •  
  • 3709 Dimaggio Way Antioch, 4
    • 3 beds 1 baths ∙ 1,291 Sqft ∙ Built 1978 3 beds 1 baths ∙ 1,291 Sqft ∙ Built 1978
    LEASED 05/07/20
    • Rent
    • Rent Per SQFT
    •  
    • $2,250
    • $1.74
    •  
  • 1030 Jensen Cir Pittsburg, 5
    • 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
    •  
PROPERTY LISTING DETAILS
Denise Picard
Keller Williams
BESbswy