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13750 Santa Maria Drive Rancho Cucamonga, CA 91739

4 Beds 3 Baths 2,607 sqft Built 2007

INVESTimate

$688,000

List Price

$2,830

$2,580 - $3,080

Rent Est.

$728,867  ( +5.94%)   1 YR EST. FORECAST

PROPERTY INFO

August 25, 2020 RECENTLY ADDED
FACTS
  • Built In 2007
  • Price/Sqft : $263.90
  • 2 Days on Market
  • MLS # : CV20174685
  • Updated Date : 08/25/2020 at 14:52
CONSTRUCTION
  • Beds : 4
  • Floor Size : 2,607 sqft
  • Baths : 2 full , 1 half
Listing Agent

Century 21 Peak

Listing Agent's Description

BEAUTIFUL TURNKEY HOME, BUILT BY PULTE HOMES IN NORTH RANCHO CUCAMONGA - RANCHO SUMMIT DEVELOPMENT, AND IS LOCATED WITHIN THE COVETED ETIWANDA SCHOOL DISTRICT! 4 BEDROOMS, 2 ½ BATHS, 2,607 SQ. FEET ON A LOT SIZE OF 8,060 SQ. FT. FEATURES INCLUDE GREAT CURB APPEAL, EXTRA LONG DRIVEWAY WITH PORTE CACHA AND 2 CAR ATTACHED GARAGE, STONE & STUCCO EXTERIOR, A WRAP AROUND FRONT PORCH, FORMAL LIVING ROOM , FORMAL DINING ROOM, GOURMET STYLE KITCHEN WITH GRANITE COUNTER TOPS, STAINLESS STEEL APPLIANCES TO INCLUDE A DOUBLE OVEN, RANGE, MICROWAVE, DISHWASHER, REFRIGERATOR, A CENTER ISLAND AND BUTLER’S PANTRY. THE KITCHEN IS OPEN TO THE EATING AREA AND FAMILY ROOM WITH A COZY FIREPLACE. THERE IS A LARGE BACKYARD WITH BLOCK WALLS ON ALL SIDES READY FOR YOUR OUTDOORS DESIGN TOUCHES. THERE IS A LOFT UPSTAIRS, MASTER SUITE WITH RETREAT THAT LEADS TO THE MASTER BATH WITH A SEPARATE TUB & SHOWER, DUAL SINKS, VANITY, AND A LARGE WALK-IN CLOSET. THIS TURNKEY HOME IS LOCATED CLOSE TO SCHOOLS, SHOPPING, VICTORIA GARDENS, 210 & 15 FREEWAYS, AND IT IS WITHIN WALKING DISTANCE TO THE PARK AND HORSE TRAILS.

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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: Etiwanda

NeighborhoodNIR Market*CityMarket2010Year20002019150k200k250k300k350k400k450k500k550k600k650k700k750kPrice in $149k750k

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

Neighborhood: Etiwanda

NeighborhoodNIR Market*CityMarket2010Year2000 Q22019 Q212001400160018002000220024002600280030003200Rent in $10823237

* 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
Etiwanda Colony Elementary School Primary Regular 885 35 9
Summit Intermediate School Middle Regular 1,108 49 7
Etiwanda High School High Regular 3,458 126 8

Etiwanda Colony Elementary School

  • Education Level: Primary
  • # of students: 885
  • # of teachers: 35
9
GreatSchools Rating

Summit Intermediate School

  • Education Level: Middle
  • # of students: 1,108
  • # of teachers: 49
7
GreatSchools Rating

Etiwanda High School

  • Education Level: High
  • # of students: 3,458
  • # of teachers: 126
8
GreatSchools Rating
 

$619,200$756,800$688,000

PURCHASE PRICE

$2,547$3,113$2,830

RENT

DOWN PAYMENT
FINANCING

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$15k

PROJECTED PROPERTY VALUE

30 YEAR PROJECTION

  • Appreciation
  • Principal
  • Loan Balance
11530$0.0$500k$1.0M$1.5M$2.0M

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $2,830
EXPENSES Loan Payment -$2,538
Property Tax -$731
Property Insurance -$90
Property Management Fees -$167
CASH FLOW
-$697

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.

$688,000

PROJECTED PRICE

$2,830

PROJECTED RENT

0.41%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 3.95%
Appreciation Year (1-5) 5.94%
Maintenance Year (1-5) 8.00%
Vacancy 5.35%
Length of Stay Years 2

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$188,070

INVESTMENT

$188,070

Down Payment
$172,000
Rehab Estimate
$5,750
Closing Costs
$10,320

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

A 65% down payment or higher enables the proceeds from the asset to cover all costs.

$2,538

MONTHLY LOAN PAYMENT

30 yr
Term
4.25%
Interest
25.00%
Down Payment
Term 30 Years
Interest 4.25%
Down Payment $172,000
Loan Amount $516,000
See What Happens When You Reinvest Cash Flow

1.17

YEARS SAVED

$4,128

INTEREST SAVED

CASH FLOW REINVESTMENT

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

  • $2,830

    LIST RENT
  • $1.09

    LIST RENT PER SQFT
  • $2,874

    COMP ESTIMATED VALUE
  • $1.1

    COMP AVG. RENT PER SQFT
Comps Range
$2,745
1$2,7452$2,8303$2,8604$2,9005$3,000
$3,000
RENT COMPS ANALYSIS
  • 13750 Santa Maria Drive Rancho Cucamonga, 2
    • 4 beds 3 baths ∙ 2,607 Sqft ∙ Built 2007 4 beds 3 baths ∙ 2,607 Sqft ∙ Built 2007
    property image
    • Rent
    • Rent Per SQFT
    •  
    • $2,830
    • $1.09
    •  
  • 5443 Crestline Place Rancho Cucamonga, 1
    • 4 beds 3 baths ∙ 2,601 Sqft ∙ Built 1998 4 beds 3 baths ∙ 2,601 Sqft ∙ Built 1998
    property image
    LEASED 04/01/20
    • Rent
    • Rent Per SQFT
    •  
    • $2,745
    • $1.06
    •  
  • 14078 Arcadia Way Rancho Cucamonga, 3
    • 4 beds 3 baths ∙ 2,493 Sqft ∙ Built 1993 4 beds 3 baths ∙ 2,493 Sqft ∙ Built 1993
    property image
    LEASED 12/09/19
    • Rent
    • Rent Per SQFT
    •  
    • $2,860
    • $1.15
    •  
  • 5953 Pellburne Way Rancho Cucamonga, 4
    • 5 beds 4 baths ∙ 2,688 Sqft ∙ Built 2006 5 beds 4 baths ∙ 2,688 Sqft ∙ Built 2006
    property image
    LEASED 10/18/19
    • Rent
    • Rent Per SQFT
    •  
    • $2,900
    • $1.08
    •  
  • 13760 Santa Maria Drive Rancho Cucamonga, 5
    • 5 beds 4 baths ∙ 2,688 Sqft ∙ Built 2007 5 beds 4 baths ∙ 2,688 Sqft ∙ Built 2007
    property image
    LEASED 08/18/20
    • Rent
    • Rent Per SQFT
    •  
    • $3,000
    • $1.12
    •  
PROPERTY LISTING DETAILS
Sharon Kobold
Century 21 Peak
Darryl John Willis
1.866.250.5610
HomeUnion.com
Lic. BRE# 01526904
California Regional Multiple Listing Service ( CRMLS)
MLS #: CV20174685
Last Updated: 08/25/2020
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