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2927 Sunflower Dr Antioch, CA 94531

5 Beds 3 Baths 2,053 sqft Built 1985

$549,950

List Price

$2,720

$2.5K - $3K

Rent Est.

PROPERTY INFO

November 19, 2020 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 1985
  • Price/Sqft : $267.88
  • 5 Days on Market
  • MLS # : CC40929715
  • Updated Date : 11/19/2020 at 08:25
CONSTRUCTION
  • Beds : 5
  • Floor Size : 2,053 sqft
  • Baths : 2 full , 1 half
Listing Agent

Compass

Listing Agent's Description

Looking for a Large Lot? This Beautiful Tri-Level Home is well situated on a 8,804+/- sf Lot with 2,053+/- sf of Living Space. The Home has 3 Bedrooms plus a Loft, Master Bedroom Retreat, 3 Full Bathrooms and a 3 Car Garage. One Bedroom and Full Bath located on the Lower Level. The Updated Kitchen features Quartz Countertops, Beautiful Backsplash and Stainless Steel Appliances. Vaulted Ceilings in the Formal Living Room and Dining Area. The Comfortable Family Room has a Fireplace and French Doors. Large Secluded Backyard with Beautiful Trees, Covered Patio and a Storage Shed. A Great Location close to the Neighborhood Community Park with Tennis Courts and the Community Club House with Pool. Excellent Commute Location near the Hwy 4 Access and the Antioch Bart Station.

SEE MORE

PRICE & RENT TRENDS

Zip Code: 94531

ZipNIR Market*CityMarket2010Year20002019300k400k500k600k700k800k900k1000kPrice in $214k1015k

* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR

Zip Code: 94531

ZipNIR Market*CityMarket2010Year20012019 Q2140016001800200022002400260028003000Rent in $12473193

* 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
Grant Elementary School Primary Regular 500 20 2
Black Diamond Middle School Middle Regular 667 25 1
Deer Valley High School High Regular 2,659 113 5

Grant Elementary School

  • Education Level: Primary
  • # of students: 500
  • # of teachers: 20
2
GreatSchools Rating

Black Diamond Middle School

  • Education Level: Middle
  • # of students: 667
  • # of teachers: 25
1
GreatSchools Rating

Deer Valley High School

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

$494,955$604,945$549,950

PURCHASE PRICE

$2,448$2,992$2,720

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $2,720
EXPENSES Loan Payment -$2,029
Property Tax -$602
Property Insurance -$77
HOA -$56
Property Management Fees -$149
CASH FLOW
-$192

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.

$549,950

PROJECTED PRICE

$2,720

PROJECTED RENT

0.49%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 5.00%
Appreciation Year (1-5) 10.1%
Maintenance Year (1-5) 8.00%
Vacancy 4.60%
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$151,487

INVESTMENT

$151,487

Down Payment
$137,488
Rehab Estimate
$5,750
Closing Costs
$8,249

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

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

$2,029

MONTHLY LOAN PAYMENT

30 yr
Term
4.25%
Interest
25.00%
Down Payment
Term 30 Years
Interest 4.25%
Down Payment $137,488
Loan Amount $412,463
See What Happens When You Reinvest Cash Flow

5.42

YEARS SAVED

$38,466

INTEREST SAVED

CASH FLOW REINVESTMENT

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

  • $2,720

    LIST RENT
  • $1.32

    LIST RENT PER SQFT
  • $2,838

    COMP ESTIMATED VALUE
  • $1.38

    COMP AVG. RENT PER SQFT
Comps Range
$2,600
1$2,6002$2,6503$2,7004$2,7205$2,850
$2,850
RENT COMPS ANALYSIS
  • 2927 Sunflower Dr Antioch, CA 4
    • 5 beds 3 baths ∙ 2,053 Sqft ∙ Built 1985 5 beds 3 baths ∙ 2,053 Sqft ∙ Built 1985
    • Rent
    • Rent Per SQFT
    •  
    • $2,720
    • $1.32
    •  
  • 2909 Bluebonnet Ct Antioch, CA 1
    • 4 beds 2 baths ∙ 1,907 Sqft ∙ Built 1986 4 beds 2 baths ∙ 1,907 Sqft ∙ Built 1986
    LEASED 02/07/20
    • Rent
    • Rent Per SQFT
    •  
    • $2,600
    • $1.36
    •  
  • 3345 Barmouth Dr Antioch, CA 2
    • 4 beds 3 baths ∙ 1,857 Sqft ∙ Built 1984 4 beds 3 baths ∙ 1,857 Sqft ∙ Built 1984
    LEASED 04/04/20
    • Rent
    • Rent Per SQFT
    •  
    • $2,650
    • $1.43
    •  
  • 1211 Chelsea Ct Antioch, CA 3
    • 4 beds 3 baths ∙ 1,863 Sqft ∙ Built 1977 4 beds 3 baths ∙ 1,863 Sqft ∙ Built 1977
    LEASED 03/16/20
    • Rent
    • Rent Per SQFT
    •  
    • $2,700
    • $1.45
    •  
  • 2628 Pearlite Way Antioch, CA 5
    • 4 beds 3 baths ∙ 2,208 Sqft ∙ Built 2002 4 beds 3 baths ∙ 2,208 Sqft ∙ Built 2002
    LEASED 07/15/20
    • Rent
    • Rent Per SQFT
    •  
    • $2,850
    • $1.29
    •  
PROPERTY LISTING DETAILS
Hollie Guillory
Compass
BESbswy