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

11716 Brandywine Place Rancho Cucamonga, CA 91730

3 Beds 3 Baths 2,414 sqft Built 2002

$724,900

List Price

$2,700

$2.5K - $3K

Rent Est.

PROPERTY INFO

November 05, 2020 RECENTLY ADDED
FACTS
  • Built In 2002
  • Price/Sqft : $300.29
  • 4 Days on Market
  • MLS # : IG20231092
  • Updated Date : 11/06/2020 at 16:36
CONSTRUCTION
  • Beds : 3
  • Floor Size : 2,414 sqft
  • Baths : 2 full , 1 half
Listing Agent

Reliance Real Estate Services

Listing Agent's Description

Have you been looking for an affordable pool home in Rancho Cucamonga, and have been priced out of the market? GUESS WHAT?? This amazing and affordable pool home is ready for the next owner and has upgrades galore!! Located in the heart of Rancho Cucamonga - this home is phenomenal!! Walking up to the property you will love the curb appeal with the super cute front porch area. Walking into the home you will see the upgraded flooring throughout and open concept floorplan. The home is a crisp white and grey tone throughout. Stepping into the kitchen you will be blown away with 1 42" built in commercial refrigerator and 1 42" built in commercial freezer. New stainless steel appliances, quartz countertops and brand new cabinetry. Walking upstairs you will feel like you are walking on a cloud with the highly upgraded flooring. There is a huge bonus room with a gas burning fireplace. The master suite is large and spacious with a huge master bathroom area. Saving the best for last - this backyard is an entertainers dream. The sparkling blue pool with the attached jacuzzi plus several water falls, your family will have the time of their life! Best of all it is totally private! This is an entertainers dream!

SEE MORE

MARKET HIGHLIGHTS

  • 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.
  • 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)

PRICE & RENT TRENDS

Neighborhood: Terra Vista

NeighborhoodNIR Market*CityMarket2010Year20002019150k200k250k300k350k400k450k500k550kPrice in $149k584k

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

Neighborhood: Terra Vista

NeighborhoodNIR Market*CityMarket2010Year2000 Q22019 Q2110012001300140015001600170018001900200021002200230024002500Rent in $10822522

* 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
Terra Vista Elementary School Primary Regular 772 31 10
Etiwanda Intermediate School Middle Regular 1,305 51 8
Rancho Cucamonga High School High Regular 3,462 123 9

Terra Vista Elementary School

  • Education Level: Primary
  • # of students: 772
  • # of teachers: 31
10
GreatSchools Rating

Etiwanda Intermediate School

  • Education Level: Middle
  • # of students: 1,305
  • # of teachers: 51
8
GreatSchools Rating

Rancho Cucamonga High School

  • Education Level: High
  • # of students: 3,462
  • # of teachers: 123
9
GreatSchools Rating
 

$652,410$797,390$724,900

PURCHASE PRICE

$2,430$2,970$2,700

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $2,700
EXPENSES Loan Payment -$2,675
Property Tax -$742
Property Insurance -$86
Property Management Fees -$159
CASH FLOW
-$961

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.

$724,900

PROJECTED PRICE

$2,700

PROJECTED RENT

0.37%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 3.95%
Appreciation Year (1-5) 5.8%
Maintenance Year (1-5) 8.00%
Vacancy 5.35%
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-$15k-$10k-$5.0k$0.0$5.0k$10k

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$197,849

INVESTMENT

$197,849

Down Payment
$181,225
Rehab Estimate
$5,750
Closing Costs
$10,874

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

A 70% down payment or higher enables the proceeds from the asset to cover all costs.

$2,675

MONTHLY LOAN PAYMENT

30 yr
Term
4.25%
Interest
25.00%
Down Payment
Term 30 Years
Interest 4.25%
Down Payment $181,225
Loan Amount $543,675
See What Happens When You Reinvest Cash Flow

0.33

YEARS SAVED

$457

INTEREST SAVED

CASH FLOW REINVESTMENT

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

  • $2,700

    LIST RENT
  • $1.12

    LIST RENT PER SQFT
  • $2,855

    COMP ESTIMATED VALUE
  • $1.18

    COMP AVG. RENT PER SQFT
Comps Range
$2,700
1$2,7002$2,7503$2,8004$2,8805$2,900
$2,900
RENT COMPS ANALYSIS
  • 11716 Brandywine Place Rancho Cucamonga, CA 1
    • 3 beds 3 baths ∙ 2,414 Sqft ∙ Built 2002 3 beds 3 baths ∙ 2,414 Sqft ∙ Built 2002
    • Rent
    • Rent Per SQFT
    •  
    • $2,700
    • $1.12
    •  
  • 7334 Legacy Place Rancho Cucamonga, CA 2
    • 4 beds 3 baths ∙ 2,268 Sqft ∙ Built 2000 4 beds 3 baths ∙ 2,268 Sqft ∙ Built 2000
    LEASED 02/13/20
    • Rent
    • Rent Per SQFT
    •  
    • $2,750
    • $1.21
    •  
  • 7153 Cumberland Rancho Cucamonga, CA 3
    • 4 beds 3 baths ∙ 2,516 Sqft ∙ Built 2003 4 beds 3 baths ∙ 2,516 Sqft ∙ Built 2003
    LEASED 03/26/20
    • Rent
    • Rent Per SQFT
    •  
    • $2,800
    • $1.11
    •  
  • 7142 Cumberland Place Rancho Cucamonga, CA 4
    • 4 beds 3 baths ∙ 2,516 Sqft ∙ Built 2003 4 beds 3 baths ∙ 2,516 Sqft ∙ Built 2003
    LEASED 03/24/20
    • Rent
    • Rent Per SQFT
    •  
    • $2,880
    • $1.14
    •  
  • 11651 Declaration Drive Rancho Cucamonga, CA 5
    • 4 beds 3 baths ∙ 2,276 Sqft ∙ Built 1999 4 beds 3 baths ∙ 2,276 Sqft ∙ Built 1999
    LEASED 08/03/20
    • Rent
    • Rent Per SQFT
    •  
    • $2,900
    • $1.27
    •  
PROPERTY LISTING DETAILS
Heather Stevenson
Reliance Real Estate Services
Darryl John Willis
1.866.250.5610
HomeUnion.com
Lic. BRE# 01526904
California Regional Multiple Listing Service ( CRMLS)
MLS #: IG20231092
Last Updated: 11/06/2020
BESbswy