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2807 Filbert St Antioch, CA 94509

3 Beds 2 Baths 1,335 sqft Built 1988

INVESTimate

$465,000

List Price

$2,170

$1,953 - $2,387

Rent Est.

$522,428  ( +12.35%)   1 YR EST. FORECAST

PROPERTY INFO

FACTS
  • Built In 1988
  • Price/Sqft : $348.31
  • 2 Days on Market
  • MLS # : CC40917224
  • Updated Date : 08/25/2020 at 03:03
CONSTRUCTION
  • Beds : 3
  • Floor Size : 1,335 sqft
  • Baths : 2 full
Listing Agent

Keller Williams Realty

Listing Agent's Description

Wow!! This is it! So many amenities. Great single story floorplan with spacious living area and vaulted ceilings! New carpet and paint!! New kitchen and bathroom floors. Enjoy the brick fireplace, dining area and sunny kitchen! Bay window in kitchen! Inside laundry! Spacious master bedroom with two mirrored wardrobe door closets. Aluminum roll up garage door with opener. Private backyard with deck and spa. Side yards. Lemon and apricot trees! Close to BART extension, freeway access, shopping and parks!

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
 

$418,500$511,500$465,000

PURCHASE PRICE

$1,953$2,387$2,170

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$1.8M

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

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $2,170
EXPENSES Loan Payment -$1,716
Property Tax -$509
Property Insurance -$59
Property Management Fees -$149
CASH FLOW
-$263

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.

$465,000

PROJECTED PRICE

$2,170

PROJECTED RENT

0.47%

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$128,975

INVESTMENT

$128,975

Down Payment
$116,250
Rehab Estimate
$5,750
Closing Costs
$6,975

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

A 55% down payment or higher enables the proceeds from the asset to cover all costs.

$1,716

MONTHLY LOAN PAYMENT

30 yr
Term
4.25%
Interest
25.00%
Down Payment
Term 30 Years
Interest 4.25%
Down Payment $116,250
Loan Amount $348,750
See What Happens When You Reinvest Cash Flow

4.5

YEARS SAVED

$25,196

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
  • $2,189

    COMP ESTIMATED VALUE
  • $1.64

    COMP AVG. RENT PER SQFT
Comps Range
$0
1$02$2,2503$2,3504$2,5005$2,600
$2,600
RENT COMPS ANALYSIS
  • 2807 Filbert St Antioch, 1
    • 3 beds 2 baths ∙ 1,335 Sqft ∙ Built 1988 3 beds 2 baths ∙ 1,335 Sqft ∙ Built 1988
    • Rent
    • Rent Per SQFT
    •  
    • $0
    • $0.00
    •  
  • 2116 Willow Ave Antioch, 2
    • 3 beds 2 baths ∙ 1,293 Sqft ∙ Built 1987 3 beds 2 baths ∙ 1,293 Sqft ∙ Built 1987
    LEASED 08/13/19
    • Rent
    • Rent Per SQFT
    •  
    • $2,250
    • $1.74
    •  
  • 313 Grangnelli Ave Antioch, 3
    • 3 beds 3 baths ∙ 1,430 Sqft ∙ Built 1991 3 beds 3 baths ∙ 1,430 Sqft ∙ Built 1991
    LEASED 06/09/19
    • Rent
    • Rent Per SQFT
    •  
    • $2,350
    • $1.64
    •  
  • 3209 Bellflower Dr Antioch, 4
    • 3 beds 3 baths ∙ 1,675 Sqft ∙ Built 1988 3 beds 3 baths ∙ 1,675 Sqft ∙ Built 1988
    LEASED 03/16/19
    • Rent
    • Rent Per SQFT
    •  
    • $2,500
    • $1.49
    •  
  • 2916 Almondridge Dr Antioch, 5
    • 4 beds 3 baths ∙ 1,536 Sqft ∙ Built 1990 4 beds 3 baths ∙ 1,536 Sqft ∙ Built 1990
    LEASED 01/10/20
    • Rent
    • Rent Per SQFT
    •  
    • $2,600
    • $1.69
    •  
PROPERTY LISTING DETAILS
Cheryl Hammond
Keller Williams Realty
BESbswy