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

57 Greensboro Way Antioch, CA 94509

3 Beds 2 Baths 1,482 sqft Built 1982

$515,000

List Price

$2,260

$2K - $2.5K

Rent Est.

PROPERTY INFO

November 27, 2020 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 1982
  • Price/Sqft : $347.50
  • 4 Days on Market
  • MLS # : BE40930376
  • Updated Date : 11/27/2020 at 17:38
CONSTRUCTION
  • Beds : 3
  • Floor Size : 1,482 sqft
  • Baths : 2 full
Listing Agent

Compass

Listing Agent's Description

You have looked so long for that perfect home in Antioch with a pool. Wait no more.... but hurry it won't last for long. Come see the Golden 3/4 inch solid wood floors throughout the home. Updated Kitchen with a pop of your favorite color with under cabinet lighting, brand new marbled granite countertops, and new Stainless Steel Appliances (refrigerator not included in sale) Check out the Master Bedroom with a walk in closet and a spa retreat master bathroom. The backyard is an oasis so you can get away from it all. Beautiful covered custom patio with a built in bar and barbecue area great for entertaining. Next summer with be much cooler in your new pool. Has amazing side yard access for all your current toys or future ones. RV or speed boat parking right on the side of your home no need to store those. Move in Ready... Don't pass this one up. Let this home be your Christmas Present.

SEE MORE

PRICE & RENT TRENDS

Zip Code: 94509

ZipNIR Market*CityMarket2010Year20002019200k300k400k500k600k700k800k900k1000kPrice in $190k1015k

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

Zip Code: 94509

ZipNIR Market*CityMarket2010Year20012019 Q21200140016001800200022002400260028003000Rent in $11393193

* 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
Sutter Elementary School Primary Regular 631 23 3
Park Middle School Middle Regular 997 41 3
Antioch High School High Regular 1,774 76 3

Sutter Elementary School

  • Education Level: Primary
  • # of students: 631
  • # of teachers: 23
3
GreatSchools Rating

Park Middle School

  • Education Level: Middle
  • # of students: 997
  • # of teachers: 41
3
GreatSchools Rating

Antioch High School

  • Education Level: High
  • # of students: 1,774
  • # of teachers: 76
3
GreatSchools Rating
 

$463,500$566,500$515,000

PURCHASE PRICE

$2,034$2,486$2,260

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $2,260
EXPENSES Loan Payment -$1,900
Property Tax -$563
Property Insurance -$63
Property Management Fees -$149
CASH FLOW
-$415

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.

$515,000

PROJECTED PRICE

$2,260

PROJECTED RENT

0.44%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

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
11530$0.0$500k$1.0M$1.5M$2.0M

PROJECTED ANNUAL CASH FLOW

11530-$5.0k$0.0$5.0k$10k$15k

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$142,225

INVESTMENT

$142,225

Down Payment
$128,750
Rehab Estimate
$5,750
Closing Costs
$7,725

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

A 60% down payment or higher enables the proceeds from the asset to cover all costs.

$1,900

MONTHLY LOAN PAYMENT

30 yr
Term
4.25%
Interest
25.00%
Down Payment
Term 30 Years
Interest 4.25%
Down Payment $128,750
Loan Amount $386,250
See What Happens When You Reinvest Cash Flow

3.25

YEARS SAVED

$16,395

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
  • $2,260

    COMP ESTIMATED VALUE
  • $1.53

    COMP AVG. RENT PER SQFT
Comps Range
$0
1$02$2,0953$2,3504$2,5005$2,595
$2,595
RENT COMPS ANALYSIS
  • 57 Greensboro Way Antioch, CA 1
    • 3 beds 2 baths ∙ 1,482 Sqft ∙ Built 1982 3 beds 2 baths ∙ 1,482 Sqft ∙ Built 1982
    • 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
    •  
  • 1016 Sandstone Ct Antioch, CA 3
    • 3 beds 2 baths ∙ 1,596 Sqft ∙ Built 1995 3 beds 2 baths ∙ 1,596 Sqft ∙ Built 1995
    LEASED 11/20/19
    • Rent
    • Rent Per SQFT
    •  
    • $2,350
    • $1.47
    •  
  • 2001 Reseda Way Antioch, CA 4
    • 3 beds 2 baths ∙ 1,603 Sqft ∙ Built 1977 3 beds 2 baths ∙ 1,603 Sqft ∙ Built 1977
    LEASED 03/19/20
    • Rent
    • Rent Per SQFT
    •  
    • $2,500
    • $1.56
    •  
  • 113 Ridgerock Dr Antioch, CA 5
    • 3 beds 2 baths ∙ 1,584 Sqft ∙ Built 1966 3 beds 2 baths ∙ 1,584 Sqft ∙ Built 1966
    LEASED 03/12/20
    • Rent
    • Rent Per SQFT
    •  
    • $2,595
    • $1.64
    •  
PROPERTY LISTING DETAILS
Monica Gioukaris
Compass
BESbswy