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2548 Brazil Dr Antioch, CA 94509

4 Beds 3 Baths 1,527 sqft Built 1986

$499,950

List Price

$2,610

$2.4K - $2.9K

Rent Est.

PROPERTY INFO

80% chance this property will be sold within the next 20 days HOT INVESTMENT
January 08, 2021 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 1986
  • Price/Sqft : $327.41
  • 3 Days on Market
  • MLS # : EB40933645
  • Updated Date : 01/08/2021 at 15:11
CONSTRUCTION
  • Beds : 4
  • Floor Size : 1,527 sqft
  • Baths : 3 full
Listing Agent

Better Homes/mann & Assc

Listing Agent's Description

Best Buy! 4 bedroom 3 full bath. Full bed/bath on entry level, corner lot, tile roof, stucco ext, 2 car garage, located close to park, and freeway access. Family room has brick fireplace, indoor laundry and back yard with patio decking.

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
Orchard Park School Primary Regular 784 29 5
Orchard Park School Middle Regular 784 29 5
Deer Valley High School High Regular 2,659 113 5

Orchard Park School

  • Education Level: Primary
  • # of students: 784
  • # of teachers: 29
5
GreatSchools Rating

Orchard Park School

  • Education Level: Middle
  • # of students: 784
  • # of teachers: 29
5
GreatSchools Rating

Deer Valley High School

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

$449,955$549,945$499,950

PURCHASE PRICE

$2,349$2,871$2,610

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $2,610
EXPENSES Loan Payment -$1,737
Property Tax -$547
Property Insurance -$64
Property Management Fees -$149
CASH FLOW
$114

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.

$499,950

PROJECTED PRICE

$2,610

PROJECTED RENT

0.52%

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$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$138,237

INVESTMENT

$138,237

Down Payment
$124,988
Rehab Estimate
$5,750
Closing Costs
$7,499

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

A 40% down payment or higher enables the proceeds from the asset to cover all costs.

$1,737

MONTHLY LOAN PAYMENT

30 yr
Term
3.75%
Interest
25.00%
Down Payment
Term 30 Years
Interest 3.75%
Down Payment $124,988
Loan Amount $374,963
See What Happens When You Reinvest Cash Flow

8.58

YEARS SAVED

$59,243

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
  • $2,504

    COMP ESTIMATED VALUE
  • $1.64

    COMP AVG. RENT PER SQFT
Comps Range
$0
1$02$2,1953$2,600
$2,600
RENT COMPS ANALYSIS
  • 2548 Brazil Dr Antioch, CA 1
    • 4 beds 3 baths ∙ 1,527 Sqft ∙ Built 1986 4 beds 3 baths ∙ 1,527 Sqft ∙ Built 1986
    property image
    • Rent
    • Rent Per SQFT
    •  
    • $0
    • $0.00
    •  
  • 2237 Brazil Dr Antioch, CA 2
    • 3 beds 2 baths ∙ 1,379 Sqft ∙ Built 1994 3 beds 2 baths ∙ 1,379 Sqft ∙ Built 1994
    property image
    LEASED 11/18/20
    • Rent
    • Rent Per SQFT
    •  
    • $2,195
    • $1.59
    •  
  • 2916 Almondridge Dr Antioch, CA 3
    • 4 beds 3 baths ∙ 1,536 Sqft ∙ Built 1990 4 beds 3 baths ∙ 1,536 Sqft ∙ Built 1990
    property image
    LEASED 01/10/20
    • Rent
    • Rent Per SQFT
    •  
    • $2,600
    • $1.69
    •  
PROPERTY LISTING DETAILS
Jeff Mann
Better Homes/mann & Assc
BESbswy