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
REQUEST INFO
It's free, with no obligation
PROPERTY INFO
FACTS
- Single Family
- Built In 2015
- Price/Sqft : $307.26
- 3 Days on Market
- MLS # : EB40930439
- Updated Date : 11/27/2020 at 21:20
CONSTRUCTION
- Beds : 3
- Floor Size : 1,790 sqft
- Baths : 2 full , 1 half
Listing Agent
Homesmart Optima Realty
Listing Agent's Description
Immaculate and stunning single story home with tons of builder upgrades. Built in 2015, this newer home shows pride of ownership with its 3 bedrooms, 2.5 baths, Den, which can be used as a 4th bedroom or office. Enter into the living room with its luxurious high end laminate floors and designer painted walls, eat-in gourmet Kitchen features upgraded Maple cabinets, quartz stone counter tops, energy efficient stainless steel appliances, breakfast bar and tile floors. Master bedroom has slider doors to backyard & master bath has a soaking tub and separate shower stall with walk-in closet. Entertain in the back patio area with it's covered pergola, raised garden beds, custom cement designs and large side access. Home is on a premium lot for RV parking or extra parking spaces. Shed to stay. Minutes and easy access to Hwy 4, Bart, restaurants, shopping, schools and delta waters Home located on the Antioch/Oakley border. Welcome to your new home!
SEE MORE
PRICE & RENT TRENDS
Zip Code: 94509
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
Zip Code: 94509
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
SCHOOLS
FINANCIALS
PROJECTED BASIC MONTHLY INCOME STATEMENT
INCOME | Rent | $2,310 |
EXPENSES | Loan Payment | -$2,029 |
Property Tax | -$535 | |
Property Insurance | -$70 | |
HOA | -$121 | |
Property Management Fees | -$149 | |
CASH FLOW
-$595
|
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.
$550,000
PROJECTED PRICE
$2,310
PROJECTED RENT
0.42%
PROJECTED RENT / PRICE RATIO
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
PROJECTED ANNUAL CASH FLOW
PROJECTED PROPERTY VALUE
30 YEAR PROJECTION
- Appreciation
- Principal
- Loan Balance
TOTAL CASH OUT OF POCKET
INVESTMENT
$151,500
LOAN DETAILS
$2,029
MONTHLY LOAN PAYMENT
Term | 30 Years |
Interest | 4.25% |
Down Payment | $137,500 |
Loan Amount | $412,500 |
1.67
YEARS SAVED
$7,480
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
-
$2,452
COMP ESTIMATED VALUE -
$1.37
COMP AVG. RENT PER SQFT
Comps Range
PROPERTY LISTING DETAILS
Homesmart Optima Realty