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3317 Hidden Hills Ct Antioch, CA 94531

3 Beds 2 Baths 1,685 sqft Built 1990

$490,000

List Price

$2,360

$2.1K - $2.6K

Rent Est.

PROPERTY INFO

November 01, 2020 RECENTLY ADDED
FACTS
  • Built In 1990
  • Price/Sqft : $290.80
  • 3 Days on Market
  • MLS # : EB40925515
  • Updated Date : 11/02/2020 at 13:24
CONSTRUCTION
  • Beds : 3
  • Floor Size : 1,685 sqft
  • Baths : 2 full
Listing Agent

Merrill Signature Properties

Listing Agent's Description

Beautiful single story in a desirable neighborhood on a cul-de-sac! 3-bedrooms, 2-bath. Open concept family room kitchen combo! Secluded backyard for family gatherings. 3- car garage and much more! Walking distances to Bart and shopping!

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
 

$441,000$539,000$490,000

PURCHASE PRICE

$2,124$2,596$2,360

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $2,360
EXPENSES Loan Payment -$1,808
Property Tax -$477
Property Insurance -$68
Property Management Fees -$149
CASH FLOW
-$141

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.

$490,000

PROJECTED PRICE

$2,360

PROJECTED RENT

0.48%

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$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$135,600

INVESTMENT

$135,600

Down Payment
$122,500
Rehab Estimate
$5,750
Closing Costs
$7,350

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

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

$1,808

MONTHLY LOAN PAYMENT

30 yr
Term
4.25%
Interest
25.00%
Down Payment
Term 30 Years
Interest 4.25%
Down Payment $122,500
Loan Amount $367,500
See What Happens When You Reinvest Cash Flow

6.17

YEARS SAVED

$40,497

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
  • $2,397

    COMP ESTIMATED VALUE
  • $1.42

    COMP AVG. RENT PER SQFT
Comps Range
$0
1$02$2,3003$2,6004$2,6505$2,700
$2,700
RENT COMPS ANALYSIS
  • 3317 Hidden Hills Ct Antioch, CA 1
    • 3 beds 2 baths ∙ 1,685 Sqft ∙ Built 1990 3 beds 2 baths ∙ 1,685 Sqft ∙ Built 1990
    • Rent
    • Rent Per SQFT
    •  
    • $0
    • $0.00
    •  
  • 3636 Leafwood Cir Antioch, CA 2
    • 3 beds 3 baths ∙ 1,675 Sqft ∙ Built 1985 3 beds 3 baths ∙ 1,675 Sqft ∙ Built 1985
    LEASED 09/16/19
    • Rent
    • Rent Per SQFT
    •  
    • $2,300
    • $1.37
    •  
  • 2632 Point Lobos Ct Antioch, CA 3
    • 4 beds 2 baths ∙ 1,805 Sqft ∙ Built 1985 4 beds 2 baths ∙ 1,805 Sqft ∙ Built 1985
    LEASED 04/29/20
    • Rent
    • Rent Per SQFT
    •  
    • $2,600
    • $1.44
    •  
  • 3345 Barmouth Dr Antioch, CA 4
    • 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 5
    • 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
    •  
PROPERTY LISTING DETAILS
Nick Lorusso
Merrill Signature Properties
BESbswy