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5033 Shinn Mountain Ct Antioch, CA 94531

3 Beds 3 Baths 1,710 sqft Built 1993

$469,000

List Price

$2,540

$2.3K - $2.8K

Rent Est.

PROPERTY INFO

January 08, 2021 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 1993
  • Price/Sqft : $274.27
  • 3 Days on Market
  • MLS # : CC40933585
  • Updated Date : 01/09/2021 at 13:45
CONSTRUCTION
  • Beds : 3
  • Floor Size : 1,710 sqft
  • Baths : 2 full , 1 half
Listing Agent

Dudum Real Estate Group

Listing Agent's Description

Located in a desirable neighborhood, this home offers 1,710 sqft of spacious living with 3 bedrooms, 2 1/2 updated baths with a office and a den downstairs, add some closets and you have 2 extra bedrooms. Kitchen family room combo with a inside laundry room. 9,100 sq ft lot offers plenty of space for RV, Boats or possible ADU.

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
Lone Tree Elementary School Primary Regular 792 28 3
Dallas Ranch Middle School Middle Regular 1,238 46 3
Deer Valley High School High Regular 2,659 113 5

Lone Tree Elementary School

  • Education Level: Primary
  • # of students: 792
  • # of teachers: 28
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
 

$422,100$515,900$469,000

PURCHASE PRICE

$2,286$2,794$2,540

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $2,540
EXPENSES Loan Payment -$1,629
Property Tax -$458
Property Insurance -$68
Property Management Fees -$149
CASH FLOW
$236

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.

$469,000

PROJECTED PRICE

$2,540

PROJECTED RENT

0.54%

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$0.0$5.0k$10k$15k$20k$25k$30k

PROJECTED PROPERTY VALUE

30 YEAR PROJECTION

  • Appreciation
  • Principal
  • Loan Balance
11530$0.0$200k$400k$600k$800k$1.0M$1.2M$1.4M$1.6M

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$130,035

INVESTMENT

$130,035

Down Payment
$117,250
Rehab Estimate
$5,750
Closing Costs
$7,035

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

A 35% down payment or higher enables the proceeds from the asset to cover all costs.

$1,629

MONTHLY LOAN PAYMENT

30 yr
Term
3.75%
Interest
25.00%
Down Payment
Term 30 Years
Interest 3.75%
Down Payment $117,250
Loan Amount $351,750
See What Happens When You Reinvest Cash Flow

10.17

YEARS SAVED

$68,981

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
  • $2,274

    COMP ESTIMATED VALUE
  • $1.33

    COMP AVG. RENT PER SQFT
Comps Range
$0
1$02$2,0003$2,2004$2,5005$2,600
$2,600
RENT COMPS ANALYSIS
  • 5033 Shinn Mountain Ct Antioch, CA 1
    • 3 beds 3 baths ∙ 1,710 Sqft ∙ Built 1993 3 beds 3 baths ∙ 1,710 Sqft ∙ Built 1993
    property image
    • Rent
    • Rent Per SQFT
    •  
    • $0
    • $0.00
    •  
  • 1405 Stoney Gorge Way Antioch, CA 2
    • 3 beds 2 baths ∙ 1,605 Sqft ∙ Built 1997 3 beds 2 baths ∙ 1,605 Sqft ∙ Built 1997
    property image
    LEASED 01/14/20
    • Rent
    • Rent Per SQFT
    •  
    • $2,000
    • $1.25
    •  
  • 809 Greystone Ct Antioch, CA 3
    • 3 beds 2 baths ∙ 1,653 Sqft ∙ Built 1988 3 beds 2 baths ∙ 1,653 Sqft ∙ Built 1988
    property image
    LEASED 07/01/20
    • Rent
    • Rent Per SQFT
    •  
    • $2,200
    • $1.33
    •  
  • 4137 Halls Valley Rd Antioch, CA 4
    • 4 beds 3 baths ∙ 1,997 Sqft ∙ Built 2000 4 beds 3 baths ∙ 1,997 Sqft ∙ Built 2000
    property image
    LEASED 09/28/20
    • Rent
    • Rent Per SQFT
    •  
    • $2,500
    • $1.25
    •  
  • 5135 Tehachapi Way Antioch, CA 5
    • 4 beds 2 baths ∙ 1,745 Sqft ∙ Built 1997 4 beds 2 baths ∙ 1,745 Sqft ∙ Built 1997
    property image
    LEASED 11/14/19
    • Rent
    • Rent Per SQFT
    •  
    • $2,600
    • $1.49
    •  
PROPERTY LISTING DETAILS
Laurie Higgins
Dudum Real Estate Group
BESbswy