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11805 Carlisle Court Moreno Valley, CA 92557

4 Beds 3 Baths 1,739 sqft Built 1986

$399,000

List Price

$1,920

$1.7K - $2.1K

Rent Est.

PROPERTY INFO

November 14, 2020 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 1986
  • Price/Sqft : $229.44
  • 3 Days on Market
  • MLS # : SB20239770
  • Updated Date : 11/14/2020 at 16:09
CONSTRUCTION
  • Beds : 4
  • Floor Size : 1,739 sqft
  • Baths : 2 full , 1 half
Listing Agent

Keller Williams Palos Verdes

Listing Agent's Description

Two level pool home now available! Walking in you will find the living room with high ceilings, adjacent to that you will find the formal den perfect for those upcoming holiday dinners. The well kept kitchen offers plenty of cabinetry ant tiled counter tops and newer cabinet lighting. In the family room you will find the slider that will lead you directly to your private oasis. This backyard will take your breath away, this perfect entertaining area is well designed to enjoy the pool, enough seating areas and a jacuzzi. The beautiful lights make this a serene place to enjoy even in the evenings. A 1/2 of bath is conveniently located in the first level and was recently remodeled. All the bedrooms are upstairs, for that privacy feel. They are all a great size and offer plenty of closet space. This move in ready home has it all! Centrally located close to freeway access and shopping.

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: Moreno Valley

NeighborhoodNIR Market*CityMarket2010Year20002019150k200k250k300k350k400k450kPrice in $116k459k

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

Neighborhood: Moreno Valley

NeighborhoodNIR Market*CityMarket2010Year2000 Q22019 Q290010001100120013001400150016001700180019002000Rent in $8802044

* 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
Honey Hollow Elementary School Primary Regular 624 22 1
Vista Heights Middle School Middle Regular 1,414 51 5
Canyon Springs High School High Regular 2,488 96 5

Honey Hollow Elementary School

  • Education Level: Primary
  • # of students: 624
  • # of teachers: 22
1
GreatSchools Rating

Vista Heights Middle School

  • Education Level: Middle
  • # of students: 1,414
  • # of teachers: 51
5
GreatSchools Rating

Canyon Springs High School

  • Education Level: High
  • # of students: 2,488
  • # of teachers: 96
5
GreatSchools Rating
 

$359,100$438,900$399,000

PURCHASE PRICE

$1,728$2,112$1,920

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $1,920
EXPENSES Loan Payment -$1,472
Property Tax -$411
Property Insurance -$69
Property Management Fees -$113
CASH FLOW
-$146

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.

$399,000

PROJECTED PRICE

$1,920

PROJECTED RENT

0.48%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 3.76%
Appreciation Year (1-5) 9.1%
Maintenance Year (1-5) 8.00%
Vacancy 5.41%
Length of Stay Years 2

PROJECTED ACCUMULATED WEALTH

30 YEAR PROJECTION

  • Cash Flow
  • Appreciation
  • Principal
11530$0.0$200k$400k$600k$800k$1.0M$1.2M$1.4M

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$200k$400k$600k$800k$1.0M$1.2M

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$111,485

INVESTMENT

$111,485

Down Payment
$99,750
Rehab Estimate
$5,750
Closing Costs
$5,985

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

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

$1,472

MONTHLY LOAN PAYMENT

30 yr
Term
4.25%
Interest
25.00%
Down Payment
Term 30 Years
Interest 4.25%
Down Payment $99,750
Loan Amount $299,250
See What Happens When You Reinvest Cash Flow

3.67

YEARS SAVED

$15,801

INTEREST SAVED

CASH FLOW REINVESTMENT

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

  • $1,920

    LIST RENT
  • $1.1

    LIST RENT PER SQFT
  • $2,126

    COMP ESTIMATED VALUE
  • $1.22

    COMP AVG. RENT PER SQFT
Comps Range
$1,900
1$1,9002$1,9203$2,0004$2,2505$2,500
$2,500
RENT COMPS ANALYSIS
  • 11805 Carlisle Court Moreno Valley, CA 2
    • 4 beds 3 baths ∙ 1,739 Sqft ∙ Built 1986 4 beds 3 baths ∙ 1,739 Sqft ∙ Built 1986
    • Rent
    • Rent Per SQFT
    •  
    • $1,920
    • $1.10
    •  
  • 11804 Liverpool Lane Moreno Valley, CA 1
    • 4 beds 3 baths ∙ 1,655 Sqft ∙ Built 1985 4 beds 3 baths ∙ 1,655 Sqft ∙ Built 1985
    LEASED 07/30/19
    • Rent
    • Rent Per SQFT
    •  
    • $1,900
    • $1.15
    •  
  • 23343 Seafarer Way Moreno Valley, CA 3
    • 4 beds 3 baths ∙ 1,600 Sqft ∙ Built 1984 4 beds 3 baths ∙ 1,600 Sqft ∙ Built 1984
    LEASED 04/29/20
    • Rent
    • Rent Per SQFT
    •  
    • $2,000
    • $1.25
    •  
  • 23878 Swan Street Moreno Valley, CA 4
    • 4 beds 3 baths ∙ 1,909 Sqft ∙ Built 1989 4 beds 3 baths ∙ 1,909 Sqft ∙ Built 1989
    LEASED 10/26/20
    • Rent
    • Rent Per SQFT
    •  
    • $2,250
    • $1.18
    •  
  • 11534 Sandpiper Court Moreno Valley, CA 5
    • 4 beds 3 baths ∙ 1,909 Sqft ∙ Built 1989 4 beds 3 baths ∙ 1,909 Sqft ∙ Built 1989
    LEASED 07/20/20
    • Rent
    • Rent Per SQFT
    •  
    • $2,500
    • $1.31
    •  
PROPERTY LISTING DETAILS
Elisabeth Ceja
Keller Williams Palos Verdes
Darryl John Willis
1.866.250.5610
HomeUnion.com
Lic. BRE# 01526904
California Regional Multiple Listing Service ( CRMLS)
MLS #: SB20239770
Last Updated: 11/14/2020
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