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5003 Nortonville Ct Antioch, CA 94531

4 Beds 4 Baths 3,726 sqft Built 1999

INVESTimate

$688,500

List Price

$3,270

$3,020 - $3,520

Rent Est.

$735,869  ( +6.88%)   1 YR EST. FORECAST

PROPERTY INFO

August 25, 2020 RECENTLY ADDED
FACTS
  • Built In 1999
  • Price/Sqft : $184.78
  • 2 Days on Market
  • MLS # : CC40918149
  • Updated Date : 08/25/2020 at 15:12
CONSTRUCTION
  • Beds : 4
  • Floor Size : 3,726 sqft
  • Baths : 3 full , 1 half
Listing Agent

Homesmart Optima Realty, Inc

Listing Agent's Description

Lovely two story home with 5 bedrooms and 4.5 baths with 3726 Sq Ft of living space. Formal Living room and Dining room with high ceiling. Huge inviting family room perfect for entertaining Kitchen is extra large with pantry and Kitchen Island and granite tile countertop. Extra wide Grand Stairway makes for a great eye popping entrance. Outstanding, huge master bedroom with walk-in closet. Fabulous master bath include dual sinks and separate tub and shower. Large loft for home office or for kids play room. Large back yard and much more Close To highways, shopping and schools.

SEE MORE

PRICE & RENT TRENDS

Neighborhood: Black Diamond Canyon

ZipNIR Market*CityMarket2010Year20002019300k400k500k600k700k800k900k1000kPrice in $206k1015k

* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR

Neighborhood: Black Diamond Canyon

NeighborhoodNIR 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
Muir Elementary School Primary Regular 598 22 3
Dallas Ranch Middle School Middle Regular 1,238 46 3
Deer Valley High School High Regular 2,659 113 5

Muir Elementary School

  • Education Level: Primary
  • # of students: 598
  • # of teachers: 22
3
GreatSchools Rating

Dallas Ranch Middle School

  • Education Level: Middle
  • # of students: 1,238
  • # of teachers: 46
3
GreatSchools Rating

Deer Valley High School

  • Education Level: High
  • # of students: 2,659
  • # of teachers: 113
5
GreatSchools Rating
 

$619,650$757,350$688,500

PURCHASE PRICE

$2,943$3,597$3,270

RENT

DOWN PAYMENT
FINANCING

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$25k$30k

PROJECTED PROPERTY VALUE

30 YEAR PROJECTION

  • Appreciation
  • Principal
  • Loan Balance
11530$0.0$500k$1.0M$1.5M$2.0M

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $3,270
EXPENSES Loan Payment -$2,540
Property Tax -$670
Property Insurance -$117
Property Management Fees -$160
CASH FLOW
-$217

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.

$688,500

PROJECTED PRICE

$3,270

PROJECTED RENT

0.47%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 5.00%
Appreciation Year (1-5) 6.88%
Maintenance Year (1-5) 8.00%
Vacancy 4.63%
Length of Stay Years 2

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$188,203

INVESTMENT

$188,203

Down Payment
$172,125
Rehab Estimate
$5,750
Closing Costs
$10,328

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

A 50% down payment or higher enables the proceeds from the asset to cover all costs.

$2,540

MONTHLY LOAN PAYMENT

30 yr
Term
4.25%
Interest
25.00%
Down Payment
Term 30 Years
Interest 4.25%
Down Payment $172,125
Loan Amount $516,375
See What Happens When You Reinvest Cash Flow

5.5

YEARS SAVED

$49,596

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
  • $3,484

    COMP ESTIMATED VALUE
  • $0.94

    COMP AVG. RENT PER SQFT
Comps Range
$0
1$02$3,1503$3,600
$3,600
RENT COMPS ANALYSIS
  • 5003 Nortonville Ct Antioch, 1
    • 4 beds 4 baths ∙ 3,726 Sqft ∙ Built 1999 4 beds 4 baths ∙ 3,726 Sqft ∙ Built 1999
    • Rent
    • Rent Per SQFT
    •  
    • $0
    • $0.00
    •  
  • 2444 Stanford Way Antioch, 2
    • 5 beds 3 baths ∙ 3,426 Sqft ∙ Built 2000 5 beds 3 baths ∙ 3,426 Sqft ∙ Built 2000
    LEASED 04/07/19
    • Rent
    • Rent Per SQFT
    •  
    • $3,150
    • $0.92
    •  
  • 5235 Ramsdell Ct Antioch, 3
    • 5 beds 3 baths ∙ 3,796 Sqft ∙ Built 2001 5 beds 3 baths ∙ 3,796 Sqft ∙ Built 2001
    LEASED 10/01/19
    • Rent
    • Rent Per SQFT
    •  
    • $3,600
    • $0.95
    •  
PROPERTY LISTING DETAILS
Michael Awadalla
Homesmart Optima Realty, Inc
BESbswy