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

4204 Rocky Point Dr Antioch, CA 94509

4 Beds 3 Baths 2,152 sqft Built 1988

$569,000

List Price

$2,630

$2.4K - $2.9K

Rent Est.

PROPERTY INFO

December 05, 2020 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 1988
  • Price/Sqft : $264.41
  • 2 Days on Market
  • MLS # : CC40931179
  • Updated Date : 12/05/2020 at 22:28
CONSTRUCTION
  • Beds : 4
  • Floor Size : 2,152 sqft
  • Baths : 2 full , 1 half
Listing Agent

Lebon Real Estate Inc.

Listing Agent's Description

Bright and sunny 2 story home comes with 4 beds and 2.5 baths featuring a master bedroom suite with an an updated master bathroom. Great location with no rear neighbors for more privacy. Newer floors in the living room, family room, and kitchen. Kitchen comes with new dishwasher, granite countertops with granite backsplash, recessed lighting, and countertop stove with high hood vent. Home also comes with vaulted ceiling, wet bar, wine rack, and cozy fireplace. Huge backyard comes with shaded pergola, decks, and a custom BBQ grilling area with outside sink. Lots of reason for you to call home. Click on link for Virtual Open House https://www.aftertecai.com/3d-model/4204-rocky-point-drive-antioch-ca-94509/fullscreen-nobrand/

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
Muir Elementary School Primary Regular 598 22 3
Dallas Ranch Middle School Middle Regular 1,238 46 3
Deer Valley High School High Regular 2,659 113 5

Muir Elementary School

  • Education Level: Primary
  • # of students: 598
  • # of teachers: 22
3
GreatSchools Rating

Dallas Ranch Middle School

  • Education Level: Middle
  • # of students: 1,238
  • # of teachers: 46
3
GreatSchools Rating

Deer Valley High School

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

$512,100$625,900$569,000

PURCHASE PRICE

$2,367$2,893$2,630

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $2,630
EXPENSES Loan Payment -$2,099
Property Tax -$622
Property Insurance -$79
Property Management Fees -$149
CASH FLOW
-$320

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.

$569,000

PROJECTED PRICE

$2,630

PROJECTED RENT

0.46%

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-$5.0k$0.0$5.0k$10k$15k$20k

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$156,535

INVESTMENT

$156,535

Down Payment
$142,250
Rehab Estimate
$5,750
Closing Costs
$8,535

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

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

$2,099

MONTHLY LOAN PAYMENT

30 yr
Term
4.25%
Interest
25.00%
Down Payment
Term 30 Years
Interest 4.25%
Down Payment $142,250
Loan Amount $426,750
See What Happens When You Reinvest Cash Flow

4.33

YEARS SAVED

$27,984

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
  • $2,647

    COMP ESTIMATED VALUE
  • $1.23

    COMP AVG. RENT PER SQFT
Comps Range
$0
1$02$2,4953$2,7504$2,8505$2,950
$2,950
RENT COMPS ANALYSIS
  • 4204 Rocky Point Dr Antioch, CA 1
    • 4 beds 3 baths ∙ 2,152 Sqft ∙ Built 1988 4 beds 3 baths ∙ 2,152 Sqft ∙ Built 1988
    • Rent
    • Rent Per SQFT
    •  
    • $0
    • $0.00
    •  
  • 4635 Fallow Way Antioch, CA 2
    • 5 beds 3 baths ∙ 2,330 Sqft ∙ Built 1995 5 beds 3 baths ∙ 2,330 Sqft ∙ Built 1995
    LEASED 02/13/20
    • Rent
    • Rent Per SQFT
    •  
    • $2,495
    • $1.07
    •  
  • 1908 Badger Pass Way Antioch, CA 3
    • 4 beds 3 baths ∙ 2,196 Sqft ∙ Built 1998 4 beds 3 baths ∙ 2,196 Sqft ∙ Built 1998
    LEASED 02/25/20
    • Rent
    • Rent Per SQFT
    •  
    • $2,750
    • $1.25
    •  
  • 2628 Pearlite Way Antioch, CA 4
    • 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
    •  
  • 5129 Goleta Ct Antioch, CA 5
    • 4 beds 3 baths ∙ 2,250 Sqft ∙ Built 1991 4 beds 3 baths ∙ 2,250 Sqft ∙ Built 1991
    LEASED 05/29/20
    • Rent
    • Rent Per SQFT
    •  
    • $2,950
    • $1.31
    •  
PROPERTY LISTING DETAILS
Bon Nguyen
Lebon Real Estate Inc.
BESbswy