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13941 San Segundo Drive Rancho Cucamonga, CA 91739

4 Beds 3 Baths 2,396 sqft Built 1998

$779,900

List Price

$2,850

$2.6K - $3.1K

Rent Est.

PROPERTY INFO

November 13, 2020 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 1998
  • Price/Sqft : $325.50
  • 3 Days on Market
  • MLS # : CV20239461
  • Updated Date : 11/14/2020 at 09:23
CONSTRUCTION
  • Beds : 4
  • Floor Size : 2,396 sqft
  • Baths : 2 full , 1 half
Listing Agent

Berkshire Hath Hm Svcs Ca Prop

Listing Agent's Description

Absolutely Stunning view home in Rancho Cucamonga, 4 large bedrooms, two and a half bathrooms, formal living room, Dining Room, large eating space in Kitchen, over sized family room with fireplace. Granite counter tops kitchen and bathrooms,Built in appliances, Master bedroom has two walk in closets and the full bathrooms have double sinks.Master bathroom separate Shower, Crown Mouldings and baseboard, Permitted game room in not included in square footage of living area. Covered Stucco patio, incredible view of the entire valley from terraced half moon slope with seating, Front and back yard are beautifully landscaped completely enclosed with block walls and wrought iron gates and auto sprinklers, Inside Laundry room, 3 car attached garage,

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: North Etiwanda

NeighborhoodNIR Market*CityMarket2010Year20002019200k300k400k500k600k700k800k900kPrice in $149k920k

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

Neighborhood: North Etiwanda

NeighborhoodNIR Market*CityMarket2010Year2000 Q22019 Q212001400160018002000220024002600280030003200Rent in $10823395

* 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
 

$701,910$857,890$779,900

PURCHASE PRICE

$2,565$3,135$2,850

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $2,850
EXPENSES Loan Payment -$2,877
Property Tax -$746
Property Insurance -$85
Property Management Fees -$168
CASH FLOW
-$1,027

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.

$779,900

PROJECTED PRICE

$2,850

PROJECTED RENT

0.37%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 3.95%
Appreciation Year (1-5) 5.6%
Maintenance Year (1-5) 8.00%
Vacancy 5.35%
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-$15k-$10k-$5.0k$0.0$5.0k$10k

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$212,424

INVESTMENT

$212,424

Down Payment
$194,975
Rehab Estimate
$5,750
Closing Costs
$11,699

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

A 70% down payment or higher enables the proceeds from the asset to cover all costs.

$2,877

MONTHLY LOAN PAYMENT

30 yr
Term
4.25%
Interest
25.00%
Down Payment
Term 30 Years
Interest 4.25%
Down Payment $194,975
Loan Amount $584,925
See What Happens When You Reinvest Cash Flow

0.33

YEARS SAVED

$592

INTEREST SAVED

CASH FLOW REINVESTMENT

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

  • $2,850

    LIST RENT
  • $1.19

    LIST RENT PER SQFT
  • $2,648

    COMP ESTIMATED VALUE
  • $1.11

    COMP AVG. RENT PER SQFT
Comps Range
$2,550
1$2,5502$2,7003$2,8004$2,8505$2,860
$2,860
RENT COMPS ANALYSIS
  • 13941 San Segundo Drive Rancho Cucamonga, CA 4
    • 4 beds 3 baths ∙ 2,396 Sqft ∙ Built 1998 4 beds 3 baths ∙ 2,396 Sqft ∙ Built 1998
    • Rent
    • Rent Per SQFT
    •  
    • $2,850
    • $1.19
    •  
  • 14542 Saddlepeak Drive Fontana, CA 1
    • 4 beds 3 baths ∙ 2,253 Sqft ∙ Built 1997 4 beds 3 baths ∙ 2,253 Sqft ∙ Built 1997
    LEASED 09/10/20
    • Rent
    • Rent Per SQFT
    •  
    • $2,550
    • $1.13
    •  
  • 5054 Brunswick Drive Fontana, CA 2
    • 3 beds 3 baths ∙ 2,589 Sqft ∙ Built 1999 3 beds 3 baths ∙ 2,589 Sqft ∙ Built 1999
    LEASED 03/18/20
    • Rent
    • Rent Per SQFT
    •  
    • $2,700
    • $1.04
    •  
  • 14642 Decoy Lane Fontana, CA 3
    • 4 beds 3 baths ∙ 2,540 Sqft ∙ Built 2003 4 beds 3 baths ∙ 2,540 Sqft ∙ Built 2003
    LEASED 12/01/19
    • Rent
    • Rent Per SQFT
    •  
    • $2,800
    • $1.10
    •  
  • 14078 Arcadia Way Rancho Cucamonga, CA 5
    • 4 beds 3 baths ∙ 2,493 Sqft ∙ Built 1993 4 beds 3 baths ∙ 2,493 Sqft ∙ Built 1993
    LEASED 12/09/19
    • Rent
    • Rent Per SQFT
    •  
    • $2,860
    • $1.15
    •  
PROPERTY LISTING DETAILS
Maria Castillon
Berkshire Hath Hm Svcs Ca Prop
Darryl John Willis
1.866.250.5610
HomeUnion.com
Lic. BRE# 01526904
California Regional Multiple Listing Service ( CRMLS)
MLS #: CV20239461
Last Updated: 11/14/2020
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