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PROPERTY INFO
FACTS
- Single Family
- Built In 1990
- Price/Sqft : $258.46
- 4 Days on Market
- MLS # : EB40932940
- Updated Date : 01/02/2021 at 14:25
CONSTRUCTION
- Beds : 3
- Floor Size : 1,892 sqft
- Baths : 2 full , 1 half
Listing Agent
Compass
Listing Agent's Description
Wonderful move-in ready Two Story Home. Absolutely perfect for a Family! Very well maintained, situated in the beautiful Meadow Creek neighborhood of Antioch. This gorgeous Home offers a Lovely Living room w/high vaulted ceilings and Formal Dining room. The light-filled open floor plan includes a large eat in kitchen with a breakfast bar overlooking the cozy Family room with a fireplace, perfect for chilly winter nights. This lovely home features 3 nice size bedrooms, 2 1/2 bathrooms, including an over-sized Master suite with a spacious walk in closet, and a LOFT/BONUS Room that can be used for an office or family gathering area. Very bright and open floor plan that is truly special. The large private backyard is perfect for indoor/outdoor living, and hosting and entertaining family and friends . Easy access to Freeway, BART, Hospitals, Shopping, Schools, Golf Course and so much more! You don't want to miss the amazing home!
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PRICE & RENT TRENDS
Zip Code: 94531
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
Zip Code: 94531
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
SCHOOLS
FINANCIALS
PROJECTED BASIC MONTHLY INCOME STATEMENT
INCOME | Rent | $2,490 |
EXPENSES | Loan Payment | -$1,804 |
Property Tax | -$488 | |
Property Insurance | -$73 | |
Property Management Fees | -$149 | |
CASH FLOW
-$24
|
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.
$489,000
PROJECTED PRICE
$2,490
PROJECTED RENT
0.51%
PROJECTED RENT / PRICE RATIO
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
PROJECTED ANNUAL CASH FLOW
PROJECTED PROPERTY VALUE
30 YEAR PROJECTION
- Appreciation
- Principal
- Loan Balance
TOTAL CASH OUT OF POCKET
INVESTMENT
$135,335
LOAN DETAILS
$1,804
MONTHLY LOAN PAYMENT
Term | 30 Years |
Interest | 4.25% |
Down Payment | $122,250 |
Loan Amount | $366,750 |
7.42
YEARS SAVED
$53,878
INTEREST SAVED
CASH FLOW REINVESTMENT
The time & interest saved by applying each month's positive cash flow towards loan principal pay down.
-
$2,490
LIST RENT -
$1.32
LIST RENT PER SQFT
-
$2,512
COMP ESTIMATED VALUE -
$1.33
COMP AVG. RENT PER SQFT
Comps Range
PROPERTY LISTING DETAILS
Compass