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13401 San Antonio Avenue Chino, CA 91710

4 Beds 3 Baths 2,616 sqft Built 1989

$649,888

List Price

$2,840

$2.6K - $3.1K

Rent Est.

PROPERTY INFO

December 19, 2020 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 1989
  • Price/Sqft : $248.43
  • 2 Days on Market
  • MLS # : CV20245460
  • Updated Date : 12/19/2020 at 08:55
CONSTRUCTION
  • Beds : 4
  • Floor Size : 2,616 sqft
  • Baths : 3 full
Listing Agent

Century 21 Award

Listing Agent's Description

Beautiful Executive home- Formal Living and Dining Rooms, Large Bedrooms - Downstairs office could be 6th Bedroom - Three full bathrooms all remodeled -Family Room with Fireplace - Beautifully remodeled Kitchen with white Cabinetry - Granite counters - Stainless Steele Appliances - Nook - Recessed lighting- Lovely natural wood Floors - Tiled flooring in Entry and Bathrooms - Deco Tile Floor in Kitchen - Cathedral Ceilings - Plantation Shutters - Large and private corner lot with low maintenance- Three car garage - Excellent location in walking distance to parks and Elementary and Charter Schools-

SEE MORE

MARKET HIGHLIGHTS

  • 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)
  • 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)

PRICE & RENT TRENDS

Neighborhood: Chino

NeighborhoodNIR Market*CityMarket2010Year20002019150k200k250k300k350k400k450k500k550kPrice in $143k560k

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

Neighborhood: Chino

NeighborhoodNIR Market*CityMarket2010Year2000 Q22019 Q21100120013001400150016001700180019002000210022002300Rent in $10822394

* 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
Howard Cattle Elementary School Primary Regular 695 24 4
Howard Cattle Elementary School Middle Regular 695 24 4
Chino High School High Regular 2,369 99 5

Howard Cattle Elementary School

  • Education Level: Primary
  • # of students: 695
  • # of teachers: 24
4
GreatSchools Rating

Howard Cattle Elementary School

  • Education Level: Middle
  • # of students: 695
  • # of teachers: 24
4
GreatSchools Rating

Chino High School

  • Education Level: High
  • # of students: 2,369
  • # of teachers: 99
5
GreatSchools Rating
 

$584,899$714,877$649,888

PURCHASE PRICE

$2,556$3,124$2,840

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $2,840
EXPENSES Loan Payment -$2,398
Property Tax -$622
Property Insurance -$91
Property Management Fees -$168
CASH FLOW
-$437

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.

$649,888

PROJECTED PRICE

$2,840

PROJECTED RENT

0.44%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 3.96%
Appreciation Year (1-5) 6.7%
Maintenance Year (1-5) 8.00%
Vacancy 5.43%
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-$10k-$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$177,970

INVESTMENT

$177,970

Down Payment
$162,472
Rehab Estimate
$5,750
Closing Costs
$9,748

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

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

$2,398

MONTHLY LOAN PAYMENT

30 yr
Term
4.25%
Interest
25.00%
Down Payment
Term 30 Years
Interest 4.25%
Down Payment $162,472
Loan Amount $487,416
See What Happens When You Reinvest Cash Flow

2.42

YEARS SAVED

$14,283

INTEREST SAVED

CASH FLOW REINVESTMENT

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

  • $2,840

    LIST RENT
  • $1.09

    LIST RENT PER SQFT
  • $2,858

    COMP ESTIMATED VALUE
  • $1.09

    COMP AVG. RENT PER SQFT
Comps Range
$2,750
1$2,7502$2,7503$2,8404$2,8505$2,980
$2,980
RENT COMPS ANALYSIS
  • 13401 San Antonio Avenue Chino, CA 3
    • 4 beds 3 baths ∙ 2,616 Sqft ∙ Built 1989 4 beds 3 baths ∙ 2,616 Sqft ∙ Built 1989
    property image
    • Rent
    • Rent Per SQFT
    •  
    • $2,840
    • $1.09
    •  
  • 13555 San Antonio Avenue Chino, CA 1
    • 4 beds 3 baths ∙ 2,379 Sqft ∙ Built 1992 4 beds 3 baths ∙ 2,379 Sqft ∙ Built 1992
    property image
    LEASED 08/10/19
    • Rent
    • Rent Per SQFT
    •  
    • $2,750
    • $1.16
    •  
  • 6941 Angora Street Chino, CA 2
    • 5 beds 3 baths ∙ 2,725 Sqft ∙ Built 2004 5 beds 3 baths ∙ 2,725 Sqft ∙ Built 2004
    property image
    LEASED 09/12/20
    • Rent
    • Rent Per SQFT
    •  
    • $2,750
    • $1.01
    •  
  • 6844 Groves Street Chino, CA 4
    • 4 beds 3 baths ∙ 2,616 Sqft ∙ Built 1991 4 beds 3 baths ∙ 2,616 Sqft ∙ Built 1991
    property image
    LEASED 07/28/19
    • Rent
    • Rent Per SQFT
    •  
    • $2,850
    • $1.09
    •  
  • 13130 Robin Court Chino, CA 5
    • 5 beds 3 baths ∙ 2,677 Sqft ∙ Built 1989 5 beds 3 baths ∙ 2,677 Sqft ∙ Built 1989
    property image
    LEASED 05/19/20
    • Rent
    • Rent Per SQFT
    •  
    • $2,980
    • $1.11
    •  
PROPERTY LISTING DETAILS
Rose Cervantes
Century 21 Award
Darryl John Willis
1.866.250.5610
HomeUnion.com
Lic. BRE# 01526904
California Regional Multiple Listing Service ( CRMLS)
MLS #: CV20245460
Last Updated: 12/19/2020
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