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
14458 Rylee Drive 
Eastvale, CA
92880
4 Beds 3 Baths 1,895 sqft
Built 2011
INVESTimate
$515,000
List Price
$142,225
REQUEST INFO
SCHEDULE APPOINTMENT
It's free, with no obligation
PROPERTY INFO
FACTS
- Built In 2011
- Price/Sqft : $271.77
- 2 Days on Market
- MLS # : IV20175173
- Updated Date : 08/25/2020 at 21:03
CONSTRUCTION
- Beds : 4
- Floor Size : 1,895 sqft
- Baths : 2 full , 1 half
Listing Agent
Jv Real Estate Services
Listing Agent's Description
Welcome to your future home in The Enclave, one of Eastvale's finest gated communities! Enjoy the open floor plan downstairs, half bath with direct access to garage and patio area. Upstairs you will find all 4 bedrooms, a cozy loft and your laundry! Private enclosed patio with yard access featuring water wise pavers and stone decor. Enjoy several parks in the community, a junior olympic pool with wading pool, community center and a walking trail all within the boundaries of award winning schools. You can also save money and stay cool during the summer months while enjoying the benefits of solar this home has to offer. This home also includes a RING home security system, nest thermostat, tankless water heater and much more! This home is a must see!
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: Eastvale
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
Neighborhood: Eastvale
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
SCHOOLS
PROJECTED ACCUMULATED WEALTH
30 YEAR PROJECTION
- Cash Flow
- Appreciation
- Principal
PROJECTED ANNUAL CASH FLOW
PROJECTED PROPERTY VALUE
30 YEAR PROJECTION
- Appreciation
- Principal
- Loan Balance
FINANCIALS
PROJECTED BASIC MONTHLY INCOME STATEMENT
| INCOME | Rent | $2,420 |
| EXPENSES | Loan Payment | -$1,900 |
| Property Tax | -$623 | |
| Property Insurance | -$73 | |
| HOA | -$205 | |
| Property Management Fees | -$143 | |
|
CASH FLOW
-$524
|
||
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.
$515,000
PROJECTED PRICE
$2,420
PROJECTED RENT
0.47%
PROJECTED RENT / PRICE RATIO
| Expense Inflation | 2.50% |
| Rental Growth Year (1-5) | 3.95% |
| Appreciation Year (1-5) | 5.47% |
| Maintenance Year (1-5) | 8.00% |
| Vacancy | 5.35% |
| Length of Stay Years | 2 |
TOTAL CASH OUT OF POCKET
INVESTMENT
$142,225
LOAN DETAILS
$1,900
MONTHLY LOAN PAYMENT
| Term | 30 Years |
| Interest | 4.25% |
| Down Payment | $128,750 |
| Loan Amount | $386,250 |
0.75
YEARS SAVED
$1,944
INTEREST SAVED
CASH FLOW REINVESTMENT
The time & interest saved by applying each month's positive cash flow towards loan principal pay down.
-
$2,420
LIST RENT -
$1.28
LIST RENT PER SQFT
-
$2,459
COMP ESTIMATED VALUE -
$1.3
COMP AVG. RENT PER SQFT
Comps Range
-
14458 Rylee Drive Eastvale, 2
- 4 beds 3 baths ∙ 1,895 Sqft ∙ Built 2011 4 beds 3 baths ∙ 1,895 Sqft ∙ Built 2011
- Rent
- Rent Per SQFT
- $2,420
- $1.28
-
8754 Celebration St. Chino, 1
- 3 beds 3 baths ∙ 1,838 Sqft ∙ Built 2018 3 beds 3 baths ∙ 1,838 Sqft ∙ Built 2018
LEASED 08/14/20- Rent
- Rent Per SQFT
- $2,350
- $1.28
-
7204 Talasi Drive Eastvale, 3
- 4 beds 3 baths ∙ 1,895 Sqft ∙ Built 2012 4 beds 3 baths ∙ 1,895 Sqft ∙ Built 2012
LEASED 11/14/19- Rent
- Rent Per SQFT
- $2,500
- $1.32
-
14610 Serenade Drive Eastvale, 4
- 4 beds 3 baths ∙ 1,895 Sqft ∙ Built 2014 4 beds 3 baths ∙ 1,895 Sqft ∙ Built 2014
LEASED 10/24/19- Rent
- Rent Per SQFT
- $2,500
- $1.32
-
7591 Coralwood Court Eastvale, 5
- 3 beds 3 baths ∙ 2,029 Sqft ∙ Built 2001 3 beds 3 baths ∙ 2,029 Sqft ∙ Built 2001
LEASED 02/26/20- Rent
- Rent Per SQFT
- $2,580
- $1.27
PROPERTY LISTING DETAILS
Jv Real Estate Services
1.866.250.5610
HomeUnion.com
Lic. BRE# 01526904
MLS #: IV20175173
Last Updated: 08/25/2020
