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
REQUEST INFO
SCHEDULE APPOINTMENT
It's free, with no obligation
PROPERTY INFO
FACTS
- Single Family
- Built In 1963
- Price/Sqft : $226.12
- 4 Days on Market
- MLS # : EB40932628
- Updated Date : 12/24/2020 at 17:20
CONSTRUCTION
- Beds : 3
- Floor Size : 1,769 sqft
- Baths : 3 full
Listing Agent
Homesmart Optima Realty
Listing Agent's Description
An Investment Dream! Photos are not current. This 3-bedroom and 3-bathroom home is ADA approved with 2 separate entrances, and one of the bathrooms is wheelchair assessable. In-law quarters, a patient care facility, separate office.... the possibilities are endless! This home is also equipped with a swimming pool and screened in backyard porch; and is in close proximity to shops, restaurants and public transportation. A little TLC and vision is all it needs. Escrow has been opened with Michael Untalasco at Stewart Title in Walnut Creek.
SEE MORE
PRICE & RENT TRENDS
Zip Code: 94509
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
Zip Code: 94509
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
SCHOOLS
FINANCIALS
PROJECTED BASIC MONTHLY INCOME STATEMENT
| INCOME | Rent | $2,440 |
| EXPENSES | Loan Payment | -$1,476 |
| Property Tax | -$446 | |
| Property Insurance | -$70 | |
| HOA | -$100 | |
| Property Management Fees | -$149 | |
|
CASH FLOW
$199
|
||
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.
$400,000
PROJECTED PRICE
$2,440
PROJECTED RENT
0.61%
PROJECTED RENT / PRICE RATIO
| Expense Inflation | 2.50% |
| Rental Growth Year (1-5) | 5.00% |
| Appreciation Year (1-5) | 12.4% |
| Maintenance Year (1-5) | 8.00% |
| Vacancy | 4.63% |
| 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
$111,750
LOAN DETAILS
$1,476
MONTHLY LOAN PAYMENT
| Term | 30 Years |
| Interest | 4.25% |
| Down Payment | $100,000 |
| Loan Amount | $300,000 |
10.25
YEARS SAVED
$69,099
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
-
$2,459
COMP ESTIMATED VALUE -
$1.39
COMP AVG. RENT PER SQFT
Comps Range
-
5 Inland Court Antioch, CA 1
- 3 beds 3 baths ∙ 1,769 Sqft ∙ Built 1963 3 beds 3 baths ∙ 1,769 Sqft ∙ Built 1963
- Rent
- Rent Per SQFT
- $0
- $0.00
-
901 Basalt Way Antioch, CA 2
- 3 beds 2 baths ∙ 1,469 Sqft ∙ Built 1980 3 beds 2 baths ∙ 1,469 Sqft ∙ Built 1980
LEASED 02/05/20- Rent
- Rent Per SQFT
- $2,095
- $1.43
-
33 Kimball Ct Antioch, CA 3
- 4 beds 2 baths ∙ 1,855 Sqft ∙ Built 1953 4 beds 2 baths ∙ 1,855 Sqft ∙ Built 1953
LEASED 10/12/20- Rent
- Rent Per SQFT
- $2,350
- $1.27
-
1812 Modoc Ct Antioch, CA 4
- 4 beds 2 baths ∙ 1,707 Sqft ∙ Built 1974 4 beds 2 baths ∙ 1,707 Sqft ∙ Built 1974
LEASED 06/29/20- Rent
- Rent Per SQFT
- $2,400
- $1.41
-
1211 Chelsea Ct Antioch, CA 5
- 4 beds 3 baths ∙ 1,863 Sqft ∙ Built 1977 4 beds 3 baths ∙ 1,863 Sqft ∙ Built 1977
LEASED 03/16/20- Rent
- Rent Per SQFT
- $2,700
- $1.45
PROPERTY LISTING DETAILS
Homesmart Optima Realty
