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
1183000 Eileen Court 
Upland, CA
91784
4 Beds 3 Baths 2,595 sqft
Built 1977
INVESTimate
$790,000
List Price
$215,100
REQUEST INFO
SCHEDULE APPOINTMENT
It's free, with no obligation
PROPERTY INFO
FACTS
- Built In 1977
- Price/Sqft : $304.43
- 2 Days on Market
- MLS # : IV20174508
- Updated Date : 08/25/2020 at 11:50
CONSTRUCTION
- Beds : 4
- Floor Size : 2,595 sqft
- Baths : 3 full
Listing Agent
Executive Properties
Listing Agent's Description
Beautiful home in North Upland! Home is situated on a cul de sac. A great place to raise a family! Kitchen has walk in panty. Inside you will find 4 large bedrooms and 3 full bathrooms. Home has heated pool and Jacuzzi. Also has a 200 square foot bonus room that has been permitted. Close to Shopping, Restaurants, Freeways, and Public Transportation.
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: Upland
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
Neighborhood: Upland
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
SCHOOLS
PROJECTED ACCUMULATED WEALTH
30 YEAR PROJECTION
- Cash Flow
- Appreciation
- Principal
PROJECTED ANNUAL CASH FLOW
PROJECTED PROPERTY VALUE
30 YEAR PROJECTION
- Appreciation
- Principal
- Loan Balance
FINANCIALS
PROJECTED BASIC MONTHLY INCOME STATEMENT
| INCOME | Rent | $3,190 |
| EXPENSES | Loan Payment | -$2,915 |
| Property Tax | -$737 | |
| Property Insurance | -$90 | |
| Property Management Fees | -$188 | |
|
CASH FLOW
-$740
|
||
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.
$790,000
PROJECTED PRICE
$3,190
PROJECTED RENT
0.40%
PROJECTED RENT / PRICE RATIO
| Expense Inflation | 2.50% |
| Rental Growth Year (1-5) | 3.96% |
| Appreciation Year (1-5) | 6.07% |
| Maintenance Year (1-5) | 8.00% |
| Vacancy | 5.43% |
| Length of Stay Years | 2 |
TOTAL CASH OUT OF POCKET
INVESTMENT
$215,100
LOAN DETAILS
$2,915
MONTHLY LOAN PAYMENT
| Term | 30 Years |
| Interest | 4.25% |
| Down Payment | $197,500 |
| Loan Amount | $592,500 |
1.42
YEARS SAVED
$7,451
INTEREST SAVED
CASH FLOW REINVESTMENT
The time & interest saved by applying each month's positive cash flow towards loan principal pay down.
-
$3,190
LIST RENT -
$1.23
LIST RENT PER SQFT
-
$3,393
COMP ESTIMATED VALUE -
$1.31
COMP AVG. RENT PER SQFT
Comps Range
-
1183000 Eileen Court Upland, 1
- 4 beds 3 baths ∙ 2,595 Sqft ∙ Built 1977 4 beds 3 baths ∙ 2,595 Sqft ∙ Built 1977
![property image]()
- Rent
- Rent Per SQFT
- $3,190
- $1.23
-
1758 N Kelly Avenue Upland, 2
- 4 beds 3 baths ∙ 2,643 Sqft ∙ Built 1977 4 beds 3 baths ∙ 2,643 Sqft ∙ Built 1977
![property image]()
LEASED 08/24/20- Rent
- Rent Per SQFT
- $3,200
- $1.21
-
1513 Fairwood Way Upland, 3
- 4 beds 2 baths ∙ 2,584 Sqft ∙ Built 1976 4 beds 2 baths ∙ 2,584 Sqft ∙ Built 1976
![property image]()
LEASED 11/16/19- Rent
- Rent Per SQFT
- $3,300
- $1.28
-
1227 Jacaranda Place Upland, 4
- 4 beds 3 baths ∙ 2,542 Sqft ∙ Built 1989 4 beds 3 baths ∙ 2,542 Sqft ∙ Built 1989
![property image]()
LEASED 06/19/20- Rent
- Rent Per SQFT
- $3,395
- $1.34
-
929 Darlene Court Upland, 5
- 4 beds 3 baths ∙ 2,499 Sqft ∙ Built 1978 4 beds 3 baths ∙ 2,499 Sqft ∙ Built 1978
![property image]()
LEASED 07/17/20- Rent
- Rent Per SQFT
- $3,499
- $1.40
PROPERTY LISTING DETAILS
Executive Properties
1.866.250.5610
HomeUnion.com
Lic. BRE# 01526904
MLS #: IV20174508
Last Updated: 08/25/2020
