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2805 Longview Rd Antioch, CA 94509

4 Beds 2 Baths 1,843 sqft Built 1968

$525,000

List Price

$2,570

$2.3K - $2.8K

Rent Est.

PROPERTY INFO

December 18, 2020 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 1968
  • Price/Sqft : $284.86
  • 3 Days on Market
  • MLS # : CC40932329
  • Updated Date : 12/19/2020 at 12:07
CONSTRUCTION
  • Beds : 4
  • Floor Size : 1,843 sqft
  • Baths : 2 full
Listing Agent

Bay Area Realty Brokers

Listing Agent's Description

Gorgeous fully remodeled single story home with 4 bedrooms 2 full baths and over 1800 sqft of living area... located in a quiet friendly neighborhood. So many updates including a completely remodeled kitchen with quartz countertops and stainless steel appliances, all new windows .New luxury bathrooms with beautiful tiles and vanities, new roof and gutters, brand new A/C unit and furnace, new water heater, new garage door, fresh paint in and out, beautiful strong waterproof laminate flooring, recessed lights throughout the house, large family room is ideal for entertaining. Private huge landscaped backyard with a new fence. Attached two-car garage, side yard RV Access... Proximity to highway, shopping & local eateries. Welcome In !

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
Sutter Elementary School Primary Regular 631 23 3
Park Middle School Middle Regular 997 41 3
Antioch High School High Regular 1,774 76 3

Sutter Elementary School

  • Education Level: Primary
  • # of students: 631
  • # of teachers: 23
3
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
 

$472,500$577,500$525,000

PURCHASE PRICE

$2,313$2,827$2,570

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $2,570
EXPENSES Loan Payment -$1,937
Property Tax -$574
Property Insurance -$72
Property Management Fees -$149
CASH FLOW
-$162

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.

$525,000

PROJECTED PRICE

$2,570

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$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$144,875

INVESTMENT

$144,875

Down Payment
$131,250
Rehab Estimate
$5,750
Closing Costs
$7,875

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

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

$1,937

MONTHLY LOAN PAYMENT

30 yr
Term
4.25%
Interest
25.00%
Down Payment
Term 30 Years
Interest 4.25%
Down Payment $131,250
Loan Amount $393,750
See What Happens When You Reinvest Cash Flow

5.67

YEARS SAVED

$40,248

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
  • $2,718

    COMP ESTIMATED VALUE
  • $1.48

    COMP AVG. RENT PER SQFT
Comps Range
$0
1$02$2,3503$2,4004$2,5005$2,995
$2,995
RENT COMPS ANALYSIS
  • 2805 Longview Rd Antioch, CA 1
    • 4 beds 2 baths ∙ 1,843 Sqft ∙ Built 1968 4 beds 2 baths ∙ 1,843 Sqft ∙ Built 1968
    property image
    • Rent
    • Rent Per SQFT
    •  
    • $0
    • $0.00
    •  
  • 2925 Camby Rd Antioch, CA 2
    • 3 beds 2 baths ∙ 1,785 Sqft ∙ Built 1975 3 beds 2 baths ∙ 1,785 Sqft ∙ Built 1975
    property image
    LEASED 06/23/20
    • Rent
    • Rent Per SQFT
    •  
    • $2,350
    • $1.32
    •  
  • 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
    property image
    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
    property image
    LEASED 11/20/20
    • Rent
    • Rent Per SQFT
    •  
    • $2,500
    • $1.50
    •  
  • 1035 San Carlos Dr Antioch, CA 5
    • 4 beds 3 baths ∙ 1,919 Sqft ∙ Built 1962 4 beds 3 baths ∙ 1,919 Sqft ∙ Built 1962
    property image
    LEASED 11/20/20
    • Rent
    • Rent Per SQFT
    •  
    • $2,995
    • $1.56
    •  
PROPERTY LISTING DETAILS
Evgeny Khaikin
Bay Area Realty Brokers
BESbswy