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5052 Rodeo Cir Antioch, CA 94531

4 Beds 3 Baths 1,993 sqft Built 1990

$539,000

List Price

$2,710

$2.5K - $3K

Rent Est.

PROPERTY INFO

November 14, 2020 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 1990
  • Price/Sqft : $270.45
  • 2 Days on Market
  • MLS # : EB40929354
  • Updated Date : 11/14/2020 at 13:43
CONSTRUCTION
  • Beds : 4
  • Floor Size : 1,993 sqft
  • Baths : 2 full , 1 half
Listing Agent

Re/max Compass

Listing Agent's Description

Welcome home! Lovely updated home with four bedrooms and 2.5 baths. New interior and exterior paint. Updated kitchen with new granite, glass backsplash and stylish grey cupboards, LVP flooring in kitchen. Updated baths featuring designer tile accents. All bedrooms are upstairs. Large formal living and dining area. Eat in kitchen with family room. Low maintenance backyard featuring fruit trees, roses and storage shed. Washer, dryer and refrigerator included. Close to shopping and schools.

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
Carmen Dragon Elementary School Primary Regular 481 18 3
Black Diamond Middle School Middle Regular 667 25 1
Deer Valley High School High Regular 2,659 113 5

Carmen Dragon Elementary School

  • Education Level: Primary
  • # of students: 481
  • # of teachers: 18
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
 

$485,100$592,900$539,000

PURCHASE PRICE

$2,439$2,981$2,710

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $2,710
EXPENSES Loan Payment -$1,989
Property Tax -$524
Property Insurance -$75
Property Management Fees -$149
CASH FLOW
-$27

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.

$539,000

PROJECTED PRICE

$2,710

PROJECTED RENT

0.50%

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$25k

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$1.8M

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$148,585

INVESTMENT

$148,585

Down Payment
$134,750
Rehab Estimate
$5,750
Closing Costs
$8,085

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

A 45% down payment or higher enables the proceeds from the asset to cover all costs.

$1,989

MONTHLY LOAN PAYMENT

30 yr
Term
4.25%
Interest
25.00%
Down Payment
Term 30 Years
Interest 4.25%
Down Payment $134,750
Loan Amount $404,250
See What Happens When You Reinvest Cash Flow

7.33

YEARS SAVED

$57,933

INTEREST SAVED

CASH FLOW REINVESTMENT

The time & interest saved by applying each month's positive cash flow towards loan principal pay down.

  • $2,710

    LIST RENT
  • $1.36

    LIST RENT PER SQFT
  • $2,875

    COMP ESTIMATED VALUE
  • $1.44

    COMP AVG. RENT PER SQFT
Comps Range
$2,500
1$2,5002$2,5003$2,7104$2,8005$2,950
$2,950
RENT COMPS ANALYSIS
  • 5052 Rodeo Cir Antioch, CA 3
    • 4 beds 3 baths ∙ 1,993 Sqft ∙ Built 1990 4 beds 3 baths ∙ 1,993 Sqft ∙ Built 1990
    property image
    • Rent
    • Rent Per SQFT
    •  
    • $2,710
    • $1.36
    •  
  • 4968 Ridgeview Dr Antioch, CA 1
    • 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 2
    • 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
    •  
  • 5566 Westmeath Way Antioch, CA 5
    • 4 beds 3 baths ∙ 1,934 Sqft ∙ Built 2005 4 beds 3 baths ∙ 1,934 Sqft ∙ Built 2005
    property image
    LEASED 10/27/20
    • Rent
    • Rent Per SQFT
    •  
    • $2,950
    • $1.53
    •  
PROPERTY LISTING DETAILS
Ellen Albright
Re/max Compass
BESbswy