Work with a dedicated Real Estate Advisor who will take your financial preferences and help you select and acquire properties that fit your criteria. Learn more

3131 Lisa Ct Antioch, CA 94509

4 Beds 3 Baths 2,420 sqft Built 1979

$599,490

List Price

$2,510

$2.3K - $2.8K

Rent Est.

PROPERTY INFO

October 30, 2020 RECENTLY ADDED
FACTS
  • Built In 1979
  • Price/Sqft : $247.72
  • 5 Days on Market
  • MLS # : EB40926813
  • Updated Date : 10/30/2020 at 13:47
CONSTRUCTION
  • Beds : 4
  • Floor Size : 2,420 sqft
  • Baths : 2 full , 1 half
Listing Agent

All Homes Sold Realty Pros

Listing Agent's Description

Must see!!! This beautiful home is located in a great neighborhood. Scenic rear mountain view. SUPERSIZED LOT. Large Garage shop (permitted) was added by owner ideal for hobbyists, water sport, and motorsport enthusiasts. Large driveway on both sides with RV parking. Large backyard for BBQ and possible playground.

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
Belshaw Elementary School Primary Regular 540 21 2
Park Middle School Middle Regular 997 41 3
Antioch High School High Regular 1,774 76 3

Belshaw Elementary School

  • Education Level: Primary
  • # of students: 540
  • # of teachers: 21
2
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
 

$539,541$659,439$599,490

PURCHASE PRICE

$2,259$2,761$2,510

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $2,510
EXPENSES Loan Payment -$2,212
Property Tax -$656
Property Insurance -$85
Property Management Fees -$149
CASH FLOW
-$592

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.

$599,490

PROJECTED PRICE

$2,510

PROJECTED RENT

0.42%

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-$10k-$5.0k$0.0$5.0k$10k$15k

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$164,615

INVESTMENT

$164,615

Down Payment
$149,873
Rehab Estimate
$5,750
Closing Costs
$8,992

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

A 60% down payment or higher enables the proceeds from the asset to cover all costs.

$2,212

MONTHLY LOAN PAYMENT

30 yr
Term
4.25%
Interest
25.00%
Down Payment
Term 30 Years
Interest 4.25%
Down Payment $149,873
Loan Amount $449,618
See What Happens When You Reinvest Cash Flow

2.17

YEARS SAVED

$10,544

INTEREST SAVED

CASH FLOW REINVESTMENT

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

  • $2,510

    LIST RENT
  • $1.04

    LIST RENT PER SQFT
  • $2,668

    COMP ESTIMATED VALUE
  • $1.1

    COMP AVG. RENT PER SQFT
Comps Range
$2,495
1$2,4952$2,5103$2,5504$2,6955$2,900
$2,900
RENT COMPS ANALYSIS
  • 3131 Lisa Ct Antioch, CA 2
    • 4 beds 3 baths ∙ 2,420 Sqft ∙ Built 1979 4 beds 3 baths ∙ 2,420 Sqft ∙ Built 1979
    • Rent
    • Rent Per SQFT
    •  
    • $2,510
    • $1.04
    •  
  • 1912 Yellowstone Ct Antioch, CA 1
    • 4 beds 3 baths ∙ 2,128 Sqft ∙ Built 1979 4 beds 3 baths ∙ 2,128 Sqft ∙ Built 1979
    LEASED 11/15/19
    • Rent
    • Rent Per SQFT
    •  
    • $2,495
    • $1.17
    •  
  • 2120 Lynwood Way Antioch, CA 3
    • 3 beds 2 baths ∙ 2,364 Sqft ∙ Built 1992 3 beds 2 baths ∙ 2,364 Sqft ∙ Built 1992
    LEASED 10/23/20
    • Rent
    • Rent Per SQFT
    •  
    • $2,550
    • $1.08
    •  
  • 4337 Calsite Ct Antioch, CA 4
    • 4 beds 3 baths ∙ 2,443 Sqft ∙ Built 1997 4 beds 3 baths ∙ 2,443 Sqft ∙ Built 1997
    LEASED 07/09/19
    • Rent
    • Rent Per SQFT
    •  
    • $2,695
    • $1.10
    •  
  • 4744 Crestone Peak Ct Antioch, CA 5
    • 4 beds 3 baths ∙ 2,739 Sqft ∙ Built 1994 4 beds 3 baths ∙ 2,739 Sqft ∙ Built 1994
    LEASED 05/08/20
    • Rent
    • Rent Per SQFT
    •  
    • $2,900
    • $1.06
    •  
PROPERTY LISTING DETAILS
Donel Fontil
All Homes Sold Realty Pros
BESbswy