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11109 Dane Dr Jurupa Valley, CA 91752

4 Beds 3 Baths 2,800 sqft Built 2018

INVESTimate

$628,888

List Price

$2,740

$2,490 - $2,990

Rent Est.

$678,696  ( +7.92%)   1 YR EST. FORECAST

PROPERTY INFO

August 24, 2020 RECENTLY ADDED
FACTS
  • Built In 2018
  • Price/Sqft : $224.60
  • 3 Days on Market
  • MLS # : OC20150794
  • Updated Date : 08/24/2020 at 11:55
CONSTRUCTION
  • Beds : 4
  • Floor Size : 2,800 sqft
  • Baths : 3 full
Listing Agent

Realty One Group West

Listing Agent's Description

This house is a beautiful fully-upgraded Model home in the community, beautiful front yard & backyard landscape, including lighting, refrigerator, washer & dryer, TV...... offering two-story Harlow comfortable living and plenty of space for families. A gourmet kitchen in two styles provides the perfect backdrop for hosting large gatherings, and the home's oversized gathering room and spirited game room offer casual, comfortable retreat spaces for family and friends. Nearby schools include Jurupa Valley High School, Sky Country Elementary School, and Troth Street Elementary School. Near coffee shops include Rodeo Cafe, Circle K, and Tutti Frutti. Nearby restaurants include Big League Dreams, Farmer Boys and Carrasco Oscar.

SEE MORE

MARKET HIGHLIGHTS

  • Headquarters to several Fortune 500 companies: Amgen, Farmers Insurance, Walt Disney, Avery Dennison, Activision Blizzard, CBRE Group, Edison International, Molina Healthcare, First American Financial, Pacific Life, Qualcomm and Sempra Energy (Fortune, 2018)
  • Southern California area contributes to 55.3% of California state economy i.e. Gross State Product (USMayors.org, 2018)
  • Southern California produces more technology PhDs per year than any other region in the country and many of the higher educated students stay within Souther California contributing to readily available workforce skills making the area more attractive than Silicon Valley (BCG, 2018)
  • Southern California's economy is worth $1.58 trillion in Gross Metro Product and projected to grow to $1.67 trillion (USMayors.org, 2018)
  • Southern California has 58.7% labor force participation rate; within this area, Los Angeles metro has 62.3% labor force participation rate (USMayors.org, 2018)
  • The area has major technology nodes of excellence: Los Angeles (Media and entertainment); Pasadena (High-tech engineering, data analytics); Riverside (Agtech, transportation/ distribution); San Diego (Healthcare, biotech, wireless communications); Irvine (Medtech, cyber security); El Segundo (Aerospace and defense IT, space transport) [BCG, 2018]
  • Los Angeles has been awarded the 2028 Olympics under a funding commitment of $88 billion to upgrade the transportation infrastructure connecting disparate pockets of the metro area. This is expected to produce additional employment in the coming years. (BCG, 2018)
  • As part of Southern California area, Inland Empire market inherits all the benefits from the area.

PRICE & RENT TRENDS

Neighborhood: Jurupa Valley

NeighborhoodNIR Market*CityMarket2010Year20002019150k200k250k300k350k400k450kPrice in $116k470k

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

Neighborhood: Jurupa Valley

NeighborhoodNIR Market*CityMarket2010Year2000 Q22019 Q2100012001400160018002000220024002600Rent in $9112678

* 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
Del Sol Academy Primary Regular NA
Del Sol Academy Middle Regular NA
Jurupa Valley High School High Regular 1,608 65 4

Del Sol Academy

  • Education Level: Primary
  • # of students:
  • # of teachers:
NA
GreatSchools Rating

Del Sol Academy

  • Education Level: Middle
  • # of students:
  • # of teachers:
NA
GreatSchools Rating

Jurupa Valley High School

  • Education Level: High
  • # of students: 1,608
  • # of teachers: 65
4
GreatSchools Rating
 

$565,999$691,777$628,888

PURCHASE PRICE

$2,466$3,014$2,740

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-$10k-$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

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $2,740
EXPENSES Loan Payment -$2,320
Property Tax -$594
Property Insurance -$95
Property Management Fees -$162
CASH FLOW
-$431

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.

$628,888

PROJECTED PRICE

$2,740

PROJECTED RENT

0.44%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 3.76%
Appreciation Year (1-5) 7.92%
Maintenance Year (1-5) 8.00%
Vacancy 5.41%
Length of Stay Years 2

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$172,405

INVESTMENT

$172,405

Down Payment
$157,222
Rehab Estimate
$5,750
Closing Costs
$9,433

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

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

$2,320

MONTHLY LOAN PAYMENT

30 yr
Term
4.25%
Interest
25.00%
Down Payment
Term 30 Years
Interest 4.25%
Down Payment $157,222
Loan Amount $471,666
See What Happens When You Reinvest Cash Flow

2.33

YEARS SAVED

$12,263

INTEREST SAVED

CASH FLOW REINVESTMENT

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

  • $2,740

    LIST RENT
  • $0.98

    LIST RENT PER SQFT
  • $2,828

    COMP ESTIMATED VALUE
  • $1.01

    COMP AVG. RENT PER SQFT
Comps Range
$2,740
1$2,7402$2,8503$2,9504$2,9505$3,000
$3,000
RENT COMPS ANALYSIS
  • 11109 Dane Dr Jurupa Valley, 1
    • 4 beds 3 baths ∙ 2,800 Sqft ∙ Built 2018 4 beds 3 baths ∙ 2,800 Sqft ∙ Built 2018
    • Rent
    • Rent Per SQFT
    •  
    • $2,740
    • $0.98
    •  
  • 11141 Ryder Jurupa Valley, 2
    • 5 beds 4 baths ∙ 2,998 Sqft ∙ Built 2017 5 beds 4 baths ∙ 2,998 Sqft ∙ Built 2017
    LEASED 09/26/19
    • Rent
    • Rent Per SQFT
    •  
    • $2,850
    • $0.95
    •  
  • 11123 Day Drive Jurupa Valley, 3
    • 5 beds 4 baths ∙ 2,831 Sqft ∙ Built 2018 5 beds 4 baths ∙ 2,831 Sqft ∙ Built 2018
    LEASED 07/10/20
    • Rent
    • Rent Per SQFT
    •  
    • $2,950
    • $1.04
    •  
  • 4981 Violas Court Jurupa Valley, 4
    • 5 beds 3 baths ∙ 2,997 Sqft ∙ Built 2018 5 beds 3 baths ∙ 2,997 Sqft ∙ Built 2018
    LEASED 04/09/20
    • Rent
    • Rent Per SQFT
    •  
    • $2,950
    • $0.98
    •  
  • 11035 Coral Dr Jurupa Valley, 5
    • 4 beds 3 baths ∙ 2,800 Sqft ∙ Built 2017 4 beds 3 baths ∙ 2,800 Sqft ∙ Built 2017
    LEASED 07/10/20
    • Rent
    • Rent Per SQFT
    •  
    • $3,000
    • $1.07
    •  
PROPERTY LISTING DETAILS
Jessey Wang
Realty One Group West
Darryl John Willis
1.866.250.5610
HomeUnion.com
Lic. BRE# 01526904
California Regional Multiple Listing Service ( CRMLS)
MLS #: OC20150794
Last Updated: 08/24/2020
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