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

13628 Tucker Avenue Chino, CA 91710

4 Beds 2 Baths 1,837 sqft Built 1975

INVESTimate

$529,000

List Price

$2,450

$2,205 - $2,695

Rent Est.

$564,602  ( +6.73%)   1 YR EST. FORECAST

PROPERTY INFO

August 25, 2020 RECENTLY ADDED
FACTS
  • Built In 1975
  • Price/Sqft : $287.97
  • 7 Days on Market
  • MLS # : WS20170529
  • Updated Date : 08/21/2020 at 14:37
CONSTRUCTION
  • Beds : 4
  • Floor Size : 1,837 sqft
  • Baths : 2 full
Listing Agent

Jyg Royal Investment Co

Listing Agent's Description

VERY CONVENIENCE LOCATION, ONLY FIVE MINUTES WALK TO SPECTRUM SHOPPING CENTER, TARGET, WALMART, 99 RANCH WAREHOUSE, AND FIVE MINUTES DRIVE TO COSTCO. QUIET AND FRIENDLY NEIGHBORHOOD. HOME FEATURES 4 BEDROOMS (THE MASTER BEDROOM IS LOCATED DOWNSTAIRS), AND TWO BATHS. TILE FLOORING ENTIRE FIRST FLOOR, AND CARPET ON SECOND FLOOR. HOME LOCATED IN THE COMMUNITY OF PARK EAST ESTATES THAT FEATURES A COMMUNITY POOL , TENNIS COURT, CLUBHOUSE, PLAYGROUND, BARBECUE AND PARK AREA!

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: 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
Doris Dickson Elementary School Primary Regular 667 23 3
Doris Dickson Elementary School Middle Regular 667 23 3
Don Antonio Lugo High School High Regular 1,745 81 5

Doris Dickson Elementary School

  • Education Level: Primary
  • # of students: 667
  • # of teachers: 23
3
GreatSchools Rating

Doris Dickson Elementary School

  • Education Level: Middle
  • # of students: 667
  • # of teachers: 23
3
GreatSchools Rating

Don Antonio Lugo High School

  • Education Level: High
  • # of students: 1,745
  • # of teachers: 81
5
GreatSchools Rating
 

$476,100$581,900$529,000

PURCHASE PRICE

$2,205$2,695$2,450

RENT

DOWN PAYMENT
FINANCING

PROJECTED ACCUMULATED WEALTH

30 YEAR PROJECTION

  • Cash Flow
  • Appreciation
  • Principal
11530$0.0$200k$400k$600k$800k$1.0M$1.2M$1.4M$1.6M

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$1.4M$1.6M

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $2,450
EXPENSES Loan Payment -$1,952
Property Tax -$484
Property Insurance -$72
HOA -$75
Property Management Fees -$145
CASH FLOW
-$277

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.

$529,000

PROJECTED PRICE

$2,450

PROJECTED RENT

0.46%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 3.96%
Appreciation Year (1-5) 6.73%
Maintenance Year (1-5) 8.00%
Vacancy 5.43%
Length of Stay Years 2

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$145,935

INVESTMENT

$145,935

Down Payment
$132,250
Rehab Estimate
$5,750
Closing Costs
$7,935

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

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

$1,952

MONTHLY LOAN PAYMENT

30 yr
Term
4.25%
Interest
25.00%
Down Payment
Term 30 Years
Interest 4.25%
Down Payment $132,250
Loan Amount $396,750
See What Happens When You Reinvest Cash Flow

3.17

YEARS SAVED

$16,345

INTEREST SAVED

CASH FLOW REINVESTMENT

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

  • $2,450

    LIST RENT
  • $1.33

    LIST RENT PER SQFT
  • $2,595

    COMP ESTIMATED VALUE
  • $1.41

    COMP AVG. RENT PER SQFT
Comps Range
$2,450
1$2,4502$2,6003$2,6004$2,6005$2,850
$2,850
RENT COMPS ANALYSIS
  • 13628 Tucker Avenue Chino, 1
    • 4 beds 2 baths ∙ 1,837 Sqft ∙ Built 1975 4 beds 2 baths ∙ 1,837 Sqft ∙ Built 1975
    property image
    • Rent
    • Rent Per SQFT
    •  
    • $2,450
    • $1.33
    •  
  • 4118 Miguel Street Chino, 2
    • 4 beds 2 baths ∙ 1,822 Sqft ∙ Built 1974 4 beds 2 baths ∙ 1,822 Sqft ∙ Built 1974
    property image
    LEASED 04/10/20
    • Rent
    • Rent Per SQFT
    •  
    • $2,600
    • $1.43
    •  
  • 4481 Heather Circle Chino, 3
    • 4 beds 3 baths ∙ 1,920 Sqft ∙ Built 1977 4 beds 3 baths ∙ 1,920 Sqft ∙ Built 1977
    property image
    LEASED 08/11/20
    • Rent
    • Rent Per SQFT
    •  
    • $2,600
    • $1.35
    •  
  • 13536 Poppy Place Chino, 4
    • 4 beds 3 baths ∙ 1,920 Sqft ∙ Built 1979 4 beds 3 baths ∙ 1,920 Sqft ∙ Built 1979
    property image
    LEASED 10/15/19
    • Rent
    • Rent Per SQFT
    •  
    • $2,600
    • $1.35
    •  
  • 3926 Tano Street Chino, 5
    • 4 beds 3 baths ∙ 1,880 Sqft ∙ Built 1975 4 beds 3 baths ∙ 1,880 Sqft ∙ Built 1975
    property image
    LEASED 04/16/20
    • Rent
    • Rent Per SQFT
    •  
    • $2,850
    • $1.52
    •  
PROPERTY LISTING DETAILS
Na Li
Jyg Royal Investment Co
Darryl John Willis
1.866.250.5610
HomeUnion.com
Lic. BRE# 01526904
California Regional Multiple Listing Service ( CRMLS)
MLS #: WS20170529
Last Updated: 08/21/2020
BESbswy