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

Golden Bear Dr Antioch, CA 94531

4 Beds 2 Baths 2,200 sqft Built 1995

$550,000

List Price

$2,550

$2.3K - $2.8K

Rent Est.

PROPERTY INFO

November 08, 2020 RECENTLY ADDED
FACTS
  • Built In 1995
  • Price/Sqft : $250.00
  • 2 Days on Market
  • MLS # : EB40928512
  • Updated Date : 11/07/2020 at 17:51
CONSTRUCTION
  • Beds : 4
  • Floor Size : 2,200 sqft
  • Baths : 2 full
Listing Agent

Peggy Wheaton Broker

Listing Agent's Description

Bear Ridge Pulte built single story with fresh interior custom paint and beautiful gray LVP floors. No Carpet! Wainscoting and inviting entryway leads to great floor plan! New quartz bathrooms with Moen faucets. Master suite with two sinks, sep. soaking tub and shower & large walk in closet off family room. Even a skylight in bathroom for light. Other 3 bedrooms on opposite side of house. Formal dining. Tons of cabinets in kitchen. New gas cook top. Separate family room with dual sided fireplace. 3 car tandem garage. Private backyard.

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
 

$495,000$605,000$550,000

PURCHASE PRICE

$2,295$2,805$2,550

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $2,550
EXPENSES Loan Payment -$2,029
Property Tax -$535
Property Insurance -$80
Property Management Fees -$149
CASH FLOW
-$243

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.

$550,000

PROJECTED PRICE

$2,550

PROJECTED RENT

0.46%

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

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$151,500

INVESTMENT

$151,500

Down Payment
$137,500
Rehab Estimate
$5,750
Closing Costs
$8,250

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

A 55% down payment or higher enables the proceeds from the asset to cover all costs.

$2,029

MONTHLY LOAN PAYMENT

30 yr
Term
4.25%
Interest
25.00%
Down Payment
Term 30 Years
Interest 4.25%
Down Payment $137,500
Loan Amount $412,500
See What Happens When You Reinvest Cash Flow

5.17

YEARS SAVED

$34,597

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
  • $2,745

    COMP ESTIMATED VALUE
  • $1.25

    COMP AVG. RENT PER SQFT
Comps Range
$0
1$02$2,5503$2,8004$2,8505$2,950
$2,950
RENT COMPS ANALYSIS
  • Golden Bear Dr Antioch, CA 1
    • 4 beds 2 baths ∙ 2,200 Sqft ∙ Built 1995 4 beds 2 baths ∙ 2,200 Sqft ∙ Built 1995
    • Rent
    • Rent Per SQFT
    •  
    • $0
    • $0.00
    •  
  • 4611 Le Conte Cir Antioch, CA 2
    • 4 beds 3 baths ∙ 2,305 Sqft ∙ Built 2010 4 beds 3 baths ∙ 2,305 Sqft ∙ Built 2010
    LEASED 05/11/20
    • Rent
    • Rent Per SQFT
    •  
    • $2,550
    • $1.11
    •  
  • 4705 Golden Bear Dr Antioch, CA 3
    • 3 beds 2 baths ∙ 2,200 Sqft ∙ Built 1995 3 beds 2 baths ∙ 2,200 Sqft ∙ Built 1995
    LEASED 09/02/20
    • Rent
    • Rent Per SQFT
    •  
    • $2,800
    • $1.27
    •  
  • 2628 Pearlite Way Antioch, CA 4
    • 4 beds 3 baths ∙ 2,208 Sqft ∙ Built 2002 4 beds 3 baths ∙ 2,208 Sqft ∙ Built 2002
    LEASED 07/15/20
    • Rent
    • Rent Per SQFT
    •  
    • $2,850
    • $1.29
    •  
  • 4639 Glasgow Ct Antioch, CA 5
    • 4 beds 3 baths ∙ 2,236 Sqft ∙ Built 2012 4 beds 3 baths ∙ 2,236 Sqft ∙ Built 2012
    LEASED 01/20/20
    • Rent
    • Rent Per SQFT
    •  
    • $2,950
    • $1.32
    •  
PROPERTY LISTING DETAILS
Peggy Wheaton
Peggy Wheaton Broker
BESbswy