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4754 Sterling Hill Drive Antioch, CA 94531

4 Beds 3 Baths 2,026 sqft Built 1989

$550,000

List Price

$2,550

$2.3K - $2.8K

Rent Est.

PROPERTY INFO

October 30, 2020 RECENTLY ADDED
FACTS
  • Built In 1989
  • Price/Sqft : $271.47
  • 5 Days on Market
  • MLS # : EB40927468
  • Updated Date : 11/01/2020 at 13:22
CONSTRUCTION
  • Beds : 4
  • Floor Size : 2,026 sqft
  • Baths : 3 full
Listing Agent

Rick Fuller Inc.

Listing Agent's Description

Are you looking for a 10? Look no further! This pristine 4 bedroom / 3 full Bath shows like a model. Featuring one bedroom and full bath on the first floor with many upgrades, like all newer dual pane windows , roof, beautiful flooring throughout and a backyard oasis with decking and gazebo and grass area for entertaining. Expect the best when viewing this home that is close to schools 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
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
 

$495,000$605,000$550,000

PURCHASE PRICE

$2,295$2,805$2,550

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $2,550
EXPENSES Loan Payment -$2,029
Property Tax -$602
Property Insurance -$76
Property Management Fees -$149
CASH FLOW
-$306

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.

$550,000

PROJECTED PRICE

$2,550

PROJECTED RENT

0.46%

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

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$151,500

INVESTMENT

$151,500

Down Payment
$137,500
Rehab Estimate
$5,750
Closing Costs
$8,250

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

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

$2,029

MONTHLY LOAN PAYMENT

30 yr
Term
4.25%
Interest
25.00%
Down Payment
Term 30 Years
Interest 4.25%
Down Payment $137,500
Loan Amount $412,500
See What Happens When You Reinvest Cash Flow

4.42

YEARS SAVED

$27,924

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
  • $2,791

    COMP ESTIMATED VALUE
  • $1.38

    COMP AVG. RENT PER SQFT
Comps Range
$0
1$02$2,3953$2,5004$2,8005$2,900
$2,900
RENT COMPS ANALYSIS
  • 4754 Sterling Hill Drive Antioch, CA 1
    • 4 beds 3 baths ∙ 2,026 Sqft ∙ Built 1989 4 beds 3 baths ∙ 2,026 Sqft ∙ Built 1989
    • Rent
    • Rent Per SQFT
    •  
    • $0
    • $0.00
    •  
  • 4529 Silvercrest Way Antioch, CA 2
    • 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
    •  
  • Golden Hills Ct Antioch, CA 3
    • 4 beds 3 baths ∙ 1,723 Sqft ∙ Built 1988 4 beds 3 baths ∙ 1,723 Sqft ∙ Built 1988
    LEASED 07/13/19
    • Rent
    • Rent Per SQFT
    •  
    • $2,500
    • $1.45
    •  
  • 4705 Golden Bear Dr Antioch, CA 4
    • 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
    •  
  • 5232 Mohican Way Antioch, CA 5
    • 4 beds 2 baths ∙ 2,012 Sqft ∙ Built 1998 4 beds 2 baths ∙ 2,012 Sqft ∙ Built 1998
    LEASED 02/28/20
    • Rent
    • Rent Per SQFT
    •  
    • $2,900
    • $1.44
    •  
PROPERTY LISTING DETAILS
Rick Fuller
Rick Fuller Inc.
BESbswy