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2817 Longview Rd Antioch, CA 94509

4 Beds 2 Baths 1,790 sqft Built 1967

$499,000

List Price

$2,700

$2.5K - $3K

Rent Est.

PROPERTY INFO

November 02, 2020 RECENTLY ADDED
FACTS
  • Built In 1967
  • Price/Sqft : $278.77
  • 2 Days on Market
  • MLS # : BE40927402
  • Updated Date : 11/02/2020 at 13:10
CONSTRUCTION
  • Beds : 4
  • Floor Size : 1,790 sqft
  • Baths : 2 full
Listing Agent

Redfin

Listing Agent's Description

Come view this charming single story home in the heart of Antioch. Enter the double doors to open floor plan with original charm and updated features. Light, bright and ready for new owners. New laminate flooring, carpet, baseboards, interior paint, lighting, and more! Kitchen has tile counters, newly painted cabinetry, with electric stovetop. Spacious backyard with shed, dog run, side yard access and large covered patio area with no rear neighbors. Sunroom adds many possibilities. Extended driveway, low maintenance front yard landscaping, too.

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
 

$449,100$548,900$499,000

PURCHASE PRICE

$2,430$2,970$2,700

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $2,700
EXPENSES Loan Payment -$1,841
Property Tax -$546
Property Insurance -$70
Property Management Fees -$149
CASH FLOW
$94

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.

$499,000

PROJECTED PRICE

$2,700

PROJECTED RENT

0.54%

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$30k

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$137,985

INVESTMENT

$137,985

Down Payment
$124,750
Rehab Estimate
$5,750
Closing Costs
$7,485

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

A 45% down payment or higher enables the proceeds from the asset to cover all costs.

$1,841

MONTHLY LOAN PAYMENT

30 yr
Term
4.25%
Interest
25.00%
Down Payment
Term 30 Years
Interest 4.25%
Down Payment $124,750
Loan Amount $374,250
See What Happens When You Reinvest Cash Flow

8.5

YEARS SAVED

$68,140

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
  • $2,681

    COMP ESTIMATED VALUE
  • $1.5

    COMP AVG. RENT PER SQFT
Comps Range
$0
1$02$2,3503$2,4004$2,5005$2,600
$2,600
RENT COMPS ANALYSIS
  • 2817 Longview Rd Antioch, CA 1
    • 4 beds 2 baths ∙ 1,790 Sqft ∙ Built 1967 4 beds 2 baths ∙ 1,790 Sqft ∙ Built 1967
    • 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
    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
    LEASED 12/15/19
    • Rent
    • Rent Per SQFT
    •  
    • $2,400
    • $1.52
    •  
  • 2001 Reseda Way Antioch, CA 4
    • 3 beds 2 baths ∙ 1,603 Sqft ∙ Built 1977 3 beds 2 baths ∙ 1,603 Sqft ∙ Built 1977
    LEASED 03/19/20
    • Rent
    • Rent Per SQFT
    •  
    • $2,500
    • $1.56
    •  
  • 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
    LEASED 03/14/20
    • Rent
    • Rent Per SQFT
    •  
    • $2,600
    • $1.59
    •  
PROPERTY LISTING DETAILS
Ralph Martinez
Redfin
BESbswy