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3933 Kite Antioch, CA 94509

5 Beds 3 Baths 3,620 sqft Built 2001

$735,000

List Price

$3,290

$3K - $3.5K

Rent Est.

PROPERTY INFO

January 18, 2021 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 2001
  • Price/Sqft : $203.04
  • 8 Days on Market
  • MLS # : EB40934597
  • Updated Date : 01/18/2021 at 09:34
CONSTRUCTION
  • Beds : 5
  • Floor Size : 3,620 sqft
  • Baths : 3 full
Listing Agent

Complex Living Real Estate

Listing Agent's Description

Located in the hills of Antioch with a panoramic Delta View, this home features new plantation shutters, granite counters in kitchen, double oven, pantry, maple cabinets, owner's suite on the second level with a fireplace and terrace and an in-ground pool and spa. This Entertainers Dream is close to Bart, Hwy. 4, schools & shopping and won't last long!!

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
Turner Elementary School Primary Regular 613 21 1
Antioch Middle School Middle Regular 759 28 1
Antioch High School High Regular 1,774 76 3

Turner Elementary School

  • Education Level: Primary
  • # of students: 613
  • # of teachers: 21
1
GreatSchools Rating

Antioch Middle School

  • Education Level: Middle
  • # of students: 759
  • # of teachers: 28
1
GreatSchools Rating

Antioch High School

  • Education Level: High
  • # of students: 1,774
  • # of teachers: 76
3
GreatSchools Rating
 

$661,500$808,500$735,000

PURCHASE PRICE

$2,961$3,619$3,290

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $3,290
EXPENSES Loan Payment -$2,553
Property Tax -$765
Property Insurance -$114
Property Management Fees -$161
CASH FLOW
-$304

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.

$735,000

PROJECTED PRICE

$3,290

PROJECTED RENT

0.45%

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$2.5M$3.0M

PROJECTED ANNUAL CASH FLOW

11530-$10k-$5.0k$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$2.5M

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$200,525

INVESTMENT

$200,525

Down Payment
$183,750
Rehab Estimate
$5,750
Closing Costs
$11,025

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

A 55% down payment or higher enables the proceeds from the asset to cover all costs.

$2,553

MONTHLY LOAN PAYMENT

30 yr
Term
3.75%
Interest
25.00%
Down Payment
Term 30 Years
Interest 3.75%
Down Payment $183,750
Loan Amount $551,250
See What Happens When You Reinvest Cash Flow

4.58

YEARS SAVED

$34,932

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
  • $3,548

    COMP ESTIMATED VALUE
  • $0.98

    COMP AVG. RENT PER SQFT
Comps Range
$0
1$02$3,300
$3,300
RENT COMPS ANALYSIS
  • 3933 Kite Antioch, CA 1
    • 5 beds 3 baths ∙ 3,620 Sqft ∙ Built 2001 5 beds 3 baths ∙ 3,620 Sqft ∙ Built 2001
    • Rent
    • Rent Per SQFT
    •  
    • $0
    • $0.00
    •  
  • 3851 Warbler Dr. Antioch, CA 2
    • 5 beds 3 baths ∙ 3,382 Sqft ∙ Built 2000 5 beds 3 baths ∙ 3,382 Sqft ∙ Built 2000
    LEASED 12/16/20
    • Rent
    • Rent Per SQFT
    •  
    • $3,300
    • $0.98
    •  
PROPERTY LISTING DETAILS
Erica Jackson
Complex Living Real Estate
BESbswy