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

4527 Elkhorn Way Antioch, CA 94531

4 Beds 3 Baths 2,343 sqft Built 1990

$575,000

List Price

$2,760

$2.5K - $3K

Rent Est.

PROPERTY INFO

80% chance this property will be sold within the next 20 days HOT INVESTMENT
January 13, 2021 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 1990
  • Price/Sqft : $245.41
  • 6 Days on Market
  • MLS # : CC40934053
  • Updated Date : 01/12/2021 at 22:30
CONSTRUCTION
  • Beds : 4
  • Floor Size : 2,343 sqft
  • Baths : 3 full
Listing Agent

Jc Financial

Listing Agent's Description

Gorgeous remodeled home: 4 bedrooms and 3 baths. Brand new kitchen with giant island, nook, and all new appliances. Beautifully landscaped private yard backing to trail complete with deck and trellis, soaring ceiling in the living and dining room, new lightings, laminated flooring throughout. Master retreat looks out to the hills, what a great view! Finished garage. Home is close to freeway and Bart. This is a turnkey home, move right in and enjoy!

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
Jack London Elementary School Primary Regular 515 20 3
Black Diamond Middle School Middle Regular 667 25 1
Deer Valley High School High Regular 2,659 113 5

Jack London Elementary School

  • Education Level: Primary
  • # of students: 515
  • # of teachers: 20
3
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
 

$517,500$632,500$575,000

PURCHASE PRICE

$2,484$3,036$2,760

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $2,760
EXPENSES Loan Payment -$1,997
Property Tax -$629
Property Insurance -$84
Property Management Fees -$149
CASH FLOW
-$99

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.

$575,000

PROJECTED PRICE

$2,760

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$500k$1.0M$1.5M$2.0M

PROJECTED ANNUAL CASH FLOW

11530-$5.0k$0.0$5.0k$10k$15k$20k$25k

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$158,125

INVESTMENT

$158,125

Down Payment
$143,750
Rehab Estimate
$5,750
Closing Costs
$8,625

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

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

$1,997

MONTHLY LOAN PAYMENT

30 yr
Term
3.75%
Interest
25.00%
Down Payment
Term 30 Years
Interest 3.75%
Down Payment $143,750
Loan Amount $431,250
See What Happens When You Reinvest Cash Flow

6.25

YEARS SAVED

$42,117

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
  • $2,882

    COMP ESTIMATED VALUE
  • $1.23

    COMP AVG. RENT PER SQFT
Comps Range
$0
1$02$2,7503$2,8004$2,8505$2,950
$2,950
RENT COMPS ANALYSIS
  • 4527 Elkhorn Way Antioch, CA 1
    • 4 beds 3 baths ∙ 2,343 Sqft ∙ Built 1990 4 beds 3 baths ∙ 2,343 Sqft ∙ Built 1990
    • Rent
    • Rent Per SQFT
    •  
    • $0
    • $0.00
    •  
  • 2422 Crystal Way Antioch, CA 2
    • 4 beds 3 baths ∙ 2,449 Sqft ∙ Built 2001 4 beds 3 baths ∙ 2,449 Sqft ∙ Built 2001
    LEASED 10/10/20
    • Rent
    • Rent Per SQFT
    •  
    • $2,750
    • $1.12
    •  
  • 4705 Golden Bear Dr Antioch, CA 3
    • 3 beds 2 baths ∙ 2,200 Sqft ∙ Built 1995 3 beds 2 baths ∙ 2,200 Sqft ∙ Built 1995
    LEASED 09/02/20
    • Rent
    • Rent Per SQFT
    •  
    • $2,800
    • $1.27
    •  
  • 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
    •  
  • 5017 Toyon Way Antioch, CA 5
    • 4 beds 3 baths ∙ 2,380 Sqft ∙ Built 1992 4 beds 3 baths ∙ 2,380 Sqft ∙ Built 1992
    LEASED 01/01/21
    • Rent
    • Rent Per SQFT
    •  
    • $2,950
    • $1.24
    •  
PROPERTY LISTING DETAILS
Josephine Chu
Jc Financial
BESbswy