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4881 Knollcrest Dr Antioch, CA 94531

4 Beds 3 Baths 1,993 sqft Built 1988

$565,000

List Price

$2,550

$2.3K - $2.8K

Rent Est.

PROPERTY INFO

December 05, 2020 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 1988
  • Price/Sqft : $283.49
  • 3 Days on Market
  • MLS # : EB40931167
  • Updated Date : 12/05/2020 at 11:03
CONSTRUCTION
  • Beds : 4
  • Floor Size : 1,993 sqft
  • Baths : 2 full , 1 half
Listing Agent

Merrill Signature Properties

Listing Agent's Description

An Absolute pride of ownership!! Move in ready home, with recent updates including new flooring, updated kitchen with new cabinents, corian countertops & stainless steel appliances, updated baths, new HVAC & water heater. Conveniently Located near Parks, Schools, Shopping & close to the HWY-4 By-pass !!

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
 

$508,500$621,500$565,000

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 -$2,085
Property Tax -$605
Property Insurance -$75
Property Management Fees -$149
CASH FLOW
-$363

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.

$565,000

PROJECTED PRICE

$2,550

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

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$155,475

INVESTMENT

$155,475

Down Payment
$141,250
Rehab Estimate
$5,750
Closing Costs
$8,475

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

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

$2,085

MONTHLY LOAN PAYMENT

30 yr
Term
4.25%
Interest
25.00%
Down Payment
Term 30 Years
Interest 4.25%
Down Payment $141,250
Loan Amount $423,750
See What Happens When You Reinvest Cash Flow

3.92

YEARS SAVED

$24,294

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
  • $2,830

    COMP ESTIMATED VALUE
  • $1.42

    COMP AVG. RENT PER SQFT
Comps Range
$0
1$02$2,5003$2,5004$2,8005$2,900
$2,900
RENT COMPS ANALYSIS
  • 4881 Knollcrest Dr Antioch, CA 1
    • 4 beds 3 baths ∙ 1,993 Sqft ∙ Built 1988 4 beds 3 baths ∙ 1,993 Sqft ∙ Built 1988
    property image
    • Rent
    • Rent Per SQFT
    •  
    • $0
    • $0.00
    •  
  • 4968 Ridgeview Dr Antioch, CA 2
    • 4 beds 3 baths ∙ 1,813 Sqft ∙ Built 1990 4 beds 3 baths ∙ 1,813 Sqft ∙ Built 1990
    property image
    LEASED 02/01/20
    • Rent
    • Rent Per SQFT
    •  
    • $2,500
    • $1.38
    •  
  • 4562 Deerfield Dr Antioch, CA 3
    • 5 beds 3 baths ∙ 1,799 Sqft ∙ Built 1988 5 beds 3 baths ∙ 1,799 Sqft ∙ Built 1988
    property image
    LEASED 12/23/19
    • Rent
    • Rent Per SQFT
    •  
    • $2,500
    • $1.39
    •  
  • 5444 Summerfield Dr Antioch, CA 4
    • 3 beds 2 baths ∙ 1,904 Sqft ∙ Built 2002 3 beds 2 baths ∙ 1,904 Sqft ∙ Built 2002
    property image
    LEASED 09/10/20
    • Rent
    • Rent Per SQFT
    •  
    • $2,800
    • $1.47
    •  
  • 5232 Mohican Way Antioch, CA 5
    • 4 beds 2 baths ∙ 2,012 Sqft ∙ Built 1998 4 beds 2 baths ∙ 2,012 Sqft ∙ Built 1998
    property image
    LEASED 02/28/20
    • Rent
    • Rent Per SQFT
    •  
    • $2,900
    • $1.44
    •  
PROPERTY LISTING DETAILS
Robin Nelson
Merrill Signature Properties
BESbswy