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14039 San Segundo Drive Rancho Cucamonga, CA 91739

4 Beds 3 Baths 2,925 sqft Built 1998

$859,900

List Price

$3,410

$3.2K - $3.7K

Rent Est.

PROPERTY INFO

January 15, 2021 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 1998
  • Price/Sqft : $293.98
  • 3 Days on Market
  • MLS # : CV21006383
  • Updated Date : 01/15/2021 at 13:21
CONSTRUCTION
  • Beds : 4
  • Floor Size : 2,925 sqft
  • Baths : 3 full
Listing Agent

Berkshire Hath Hm Svcs Ca Prop

Listing Agent's Description

Welcome to this beautiful Two Story home with views on all sides and a meandering stream to help wind away the happy days. This floorplan is smartly designed with a formal living and dining room that enters into the spacious kitchen with storage cabinets galore. The family room is truly a Great room with extra space for large gatherings, fireplace and access to the back yard through the sliding door. The downstairs is complete with a bedroom and a richly upgraded bath and full size shower. The laundry is conveniently located in its own room leading to the 3 car garage with added storage. The upstairs has mountain and city views through every window, a loft space leads to the large well appointed Master bedroom featuring an en-suite bath and spacious closets. Two additional bedrooms with space to grow. The back yard has a large entertaining covered space with built in BBQ and stacked stone features leading to the grass play area and to the peaceful retreat with firepit and babbling river feature adding to the endless views. Etiwanda schools and parks all nearby with freeways and shopping within a short distance. Make your appointment today!

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: 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
 

$773,910$945,890$859,900

PURCHASE PRICE

$3,069$3,751$3,410

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $3,410
EXPENSES Loan Payment -$2,987
Property Tax -$823
Property Insurance -$98
Property Management Fees -$201
CASH FLOW
-$699

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.

$859,900

PROJECTED PRICE

$3,410

PROJECTED RENT

0.40%

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$2.5M

PROJECTED ANNUAL CASH FLOW

11530-$15k-$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$2.5M

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$233,624

INVESTMENT

$233,624

Down Payment
$214,975
Rehab Estimate
$5,750
Closing Costs
$12,899

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

A 60% down payment or higher enables the proceeds from the asset to cover all costs.

$2,987

MONTHLY LOAN PAYMENT

30 yr
Term
3.75%
Interest
25.00%
Down Payment
Term 30 Years
Interest 3.75%
Down Payment $214,975
Loan Amount $644,925
See What Happens When You Reinvest Cash Flow

1.58

YEARS SAVED

$8,610

INTEREST SAVED

CASH FLOW REINVESTMENT

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

  • $3,410

    LIST RENT
  • $1.17

    LIST RENT PER SQFT
  • $3,495

    COMP ESTIMATED VALUE
  • $1.2

    COMP AVG. RENT PER SQFT
Comps Range
$2,700
1$2,7002$2,7453$3,4104$3,5005$3,600
$3,600
RENT COMPS ANALYSIS
  • 14039 San Segundo Drive Rancho Cucamonga, CA 3
    • 4 beds 3 baths ∙ 2,925 Sqft ∙ Built 1998 4 beds 3 baths ∙ 2,925 Sqft ∙ Built 1998
    • Rent
    • Rent Per SQFT
    •  
    • $3,410
    • $1.17
    •  
  • 5739 Nutwood Place Rancho Cucamonga, CA 1
    • 4 beds 3 baths ∙ 2,607 Sqft ∙ Built 2007 4 beds 3 baths ∙ 2,607 Sqft ∙ Built 2007
    LEASED 08/13/19
    • Rent
    • Rent Per SQFT
    •  
    • $2,700
    • $1.04
    •  
  • 5443 Crestline Place Rancho Cucamonga, CA 2
    • 4 beds 3 baths ∙ 2,601 Sqft ∙ Built 1998 4 beds 3 baths ∙ 2,601 Sqft ∙ Built 1998
    LEASED 04/01/20
    • Rent
    • Rent Per SQFT
    •  
    • $2,745
    • $1.06
    •  
  • 14082 Crescenta Rancho Cucamonga, CA 4
    • 4 beds 3 baths ∙ 2,600 Sqft ∙ Built 1998 4 beds 3 baths ∙ 2,600 Sqft ∙ Built 1998
    LEASED 07/10/20
    • Rent
    • Rent Per SQFT
    •  
    • $3,500
    • $1.35
    •  
  • 14154 Montclair Court Rancho Cucamonga, CA 5
    • 4 beds 2 baths ∙ 2,707 Sqft ∙ Built 1997 4 beds 2 baths ∙ 2,707 Sqft ∙ Built 1997
    LEASED 10/23/20
    • Rent
    • Rent Per SQFT
    •  
    • $3,600
    • $1.33
    •  
PROPERTY LISTING DETAILS
Mark Sapienza
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 #: CV21006383
Last Updated: 01/15/2021
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