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2813 Castleford Dr Antioch, CA 94509

3 Beds 2 Baths 1,422 sqft Built 1975

$440,000

List Price

$2,110

$1.9K - $2.3K

Rent Est.

PROPERTY INFO

November 11, 2020 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 1975
  • Price/Sqft : $309.42
  • 5 Days on Market
  • MLS # : EB40928851
  • Updated Date : 11/11/2020 at 10:40
CONSTRUCTION
  • Beds : 3
  • Floor Size : 1,422 sqft
  • Baths : 2 full
Listing Agent

Loans Realty Group

Listing Agent's Description

Home for the holidays! Beautifully updated home. This home needs TLC and is priced accordingly. Bathroom all remodeling. Fresh paint, and more.

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
Marsh Elementary School Primary Regular 537 19 1
Park Middle School Middle Regular 997 41 3
Antioch High School High Regular 1,774 76 3

Marsh Elementary School

  • Education Level: Primary
  • # of students: 537
  • # of teachers: 19
1
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
 

$396,000$484,000$440,000

PURCHASE PRICE

$1,899$2,321$2,110

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $2,110
EXPENSES Loan Payment -$1,623
Property Tax -$481
Property Insurance -$61
Property Management Fees -$149
CASH FLOW
-$205

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.

$440,000

PROJECTED PRICE

$2,110

PROJECTED RENT

0.48%

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$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

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$122,350

INVESTMENT

$122,350

Down Payment
$110,000
Rehab Estimate
$5,750
Closing Costs
$6,600

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

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

$1,623

MONTHLY LOAN PAYMENT

30 yr
Term
4.25%
Interest
25.00%
Down Payment
Term 30 Years
Interest 4.25%
Down Payment $110,000
Loan Amount $330,000
See What Happens When You Reinvest Cash Flow

5.25

YEARS SAVED

$28,458

INTEREST SAVED

CASH FLOW REINVESTMENT

The time & interest saved by applying each month's positive cash flow towards loan principal pay down.

  • $2,110

    LIST RENT
  • $1.48

    LIST RENT PER SQFT
  • $2,243

    COMP ESTIMATED VALUE
  • $1.58

    COMP AVG. RENT PER SQFT
Comps Range
$2,110
1$2,1102$2,4003$2,5004$2,5955$2,600
$2,600
RENT COMPS ANALYSIS
  • 2813 Castleford Dr Antioch, CA 1
    • 3 beds 2 baths ∙ 1,422 Sqft ∙ Built 1975 3 beds 2 baths ∙ 1,422 Sqft ∙ Built 1975
    property image
    • Rent
    • Rent Per SQFT
    •  
    • $2,110
    • $1.48
    •  
  • 1109 Saint Frances Dr Antioch, CA 2
    • 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
    •  
  • 2001 Reseda Way Antioch, CA 3
    • 3 beds 2 baths ∙ 1,603 Sqft ∙ Built 1977 3 beds 2 baths ∙ 1,603 Sqft ∙ Built 1977
    property image
    LEASED 03/19/20
    • Rent
    • Rent Per SQFT
    •  
    • $2,500
    • $1.56
    •  
  • 113 Ridgerock Dr Antioch, CA 4
    • 3 beds 2 baths ∙ 1,584 Sqft ∙ Built 1966 3 beds 2 baths ∙ 1,584 Sqft ∙ Built 1966
    property image
    LEASED 03/12/20
    • Rent
    • Rent Per SQFT
    •  
    • $2,595
    • $1.64
    •  
  • 2762 Del Oro Cir Antioch, CA 5
    • 4 beds 2 baths ∙ 1,631 Sqft ∙ Built 1967 4 beds 2 baths ∙ 1,631 Sqft ∙ Built 1967
    property image
    LEASED 03/14/20
    • Rent
    • Rent Per SQFT
    •  
    • $2,600
    • $1.59
    •  
PROPERTY LISTING DETAILS
Luisa Quintero
Loans Realty Group
BESbswy