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4628 Deerfield Dr Antioch, CA 94531

4 Beds 3 Baths 1,794 sqft Built 1988

$535,000

List Price

$2,430

$2.2K - $2.7K

Rent Est.

PROPERTY INFO

November 22, 2020 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 1988
  • Price/Sqft : $298.22
  • 8 Days on Market
  • MLS # : ML81818376
  • Updated Date : 11/22/2020 at 14:50
CONSTRUCTION
  • Beds : 4
  • Floor Size : 1,794 sqft
  • Baths : 2 full , 1 half
Listing Agent

Cheryl Cardamon, Broker

Listing Agent's Description

Perfect family home featuring updated kitchen, newer flooring, baths and newer paint throughout. Half bath/powder room on first floor. This home features a living room that flows to a dining area, vaulted ceiling; kitchen includes eat-in area and is open to family/media room with fireplace. Master bedroom along with all bedrooms on second floor. Optional den/office/bedroom flexible space. Second floor landing space perfect for reading nook or meditation. Home includes appliances, installed security system - just plug and go!

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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
 

$481,500$588,500$535,000

PURCHASE PRICE

$2,187$2,673$2,430

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $2,430
EXPENSES Loan Payment -$1,974
Property Tax -$585
Property Insurance -$70
Property Management Fees -$149
CASH FLOW
-$349

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.

$535,000

PROJECTED PRICE

$2,430

PROJECTED RENT

0.45%

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

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$1.8M

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$147,525

INVESTMENT

$147,525

Down Payment
$133,750
Rehab Estimate
$5,750
Closing Costs
$8,025

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

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

$1,974

MONTHLY LOAN PAYMENT

30 yr
Term
4.25%
Interest
25.00%
Down Payment
Term 30 Years
Interest 4.25%
Down Payment $133,750
Loan Amount $401,250
See What Happens When You Reinvest Cash Flow

3.92

YEARS SAVED

$23,144

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
  • $2,480

    COMP ESTIMATED VALUE
  • $1.38

    COMP AVG. RENT PER SQFT
Comps Range
$0
1$02$2,3003$2,3954$2,5005$2,500
$2,500
RENT COMPS ANALYSIS
  • 4628 Deerfield Dr Antioch, CA 1
    • 4 beds 3 baths ∙ 1,794 Sqft ∙ Built 1988 4 beds 3 baths ∙ 1,794 Sqft ∙ Built 1988
    • Rent
    • Rent Per SQFT
    •  
    • $0
    • $0.00
    •  
  • 4936 Chaps Ct Antioch, CA 2
    • 4 beds 3 baths ∙ 1,680 Sqft ∙ Built 1995 4 beds 3 baths ∙ 1,680 Sqft ∙ Built 1995
    LEASED 01/29/20
    • Rent
    • Rent Per SQFT
    •  
    • $2,300
    • $1.37
    •  
  • 4529 Silvercrest Way Antioch, CA 3
    • 3 beds 3 baths ∙ 1,772 Sqft ∙ Built 1989 3 beds 3 baths ∙ 1,772 Sqft ∙ Built 1989
    LEASED 04/08/20
    • Rent
    • Rent Per SQFT
    •  
    • $2,395
    • $1.35
    •  
  • 4562 Deerfield Dr Antioch, CA 4
    • 5 beds 3 baths ∙ 1,799 Sqft ∙ Built 1988 5 beds 3 baths ∙ 1,799 Sqft ∙ Built 1988
    LEASED 12/23/19
    • Rent
    • Rent Per SQFT
    •  
    • $2,500
    • $1.39
    •  
  • 4738 Kangaroo Ct Antioch, CA 5
    • 4 beds 3 baths ∙ 1,762 Sqft ∙ Built 1996 4 beds 3 baths ∙ 1,762 Sqft ∙ Built 1996
    LEASED 10/30/20
    • Rent
    • Rent Per SQFT
    •  
    • $2,500
    • $1.42
    •  
PROPERTY LISTING DETAILS
Cheryl Cardamon
Cheryl Cardamon, Broker
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