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14804 Calle Brisa Chino Hills, CA 91709

3 Beds 3 Baths 1,678 sqft Built 1996

$649,999

List Price

$2,730

$2.5K - $3K

Rent Est.

PROPERTY INFO

November 21, 2020 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 1996
  • Price/Sqft : $387.37
  • 2 Days on Market
  • MLS # : TR20243330
  • Updated Date : 11/21/2020 at 17:19
CONSTRUCTION
  • Beds : 3
  • Floor Size : 1,678 sqft
  • Baths : 2 full , 1 half
Listing Agent

A + Realty & Mortgage

Listing Agent's Description

Turn key condition! This home is located in the desirable community of "DEL SOL" in North Chino Hills. Home features open floor plan with high ceilings and plenty of natural light. Spacious living room with vaulted ceilings and fireplace in the center. Downstairs with laminated floor opens to dinning room. Updated Kitchen features white cabinetry, Quartz counters, and stainless-steel appliances. Direct two car garage access. Upstairs features spacious master bedroom with en-suite bathroom having dual sink vanity, separate shower and soaking tub. Has 2 more good sized bedrooms. Private and serene, wrap around backyard setting offers fire pit with low maintenance. Smartphone compatible garage opener and Google NEST controlled HVAC. Community facilities include pool, spa and tot lot. Close to freeways, Costco, 99 Ranch Market and "The Shoppes at Chino Hills" Please take virtual tour (Click on Virtual Tour Or VT camera next to photos depending on system ) for a complete presentation of the property.

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: Chino Hills

NeighborhoodNIR Market*CityMarket2010Year20002019150k200k250k300k350k400k450k500k550k600k650k700kPrice in $149k727k

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

Neighborhood: Chino Hills

NeighborhoodNIR Market*CityMarket2010Year2000 Q22019 Q212001400160018002000220024002600Rent in $10822735

* 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
Gerald F. Litel Elementary School Primary Regular 502 18 9
Canyon Hills Junior High School Middle Regular 1,163 40 9
Ruben S. Ayala High School High Regular 2,606 98 10

Gerald F. Litel Elementary School

  • Education Level: Primary
  • # of students: 502
  • # of teachers: 18
9
GreatSchools Rating

Canyon Hills Junior High School

  • Education Level: Middle
  • # of students: 1,163
  • # of teachers: 40
9
GreatSchools Rating

Ruben S. Ayala High School

  • Education Level: High
  • # of students: 2,606
  • # of teachers: 98
10
GreatSchools Rating
 

$584,999$714,999$649,999

PURCHASE PRICE

$2,457$3,003$2,730

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $2,730
EXPENSES Loan Payment -$2,398
Property Tax -$661
Property Insurance -$68
HOA -$100
Property Management Fees -$161
CASH FLOW
-$658

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.

$649,999

PROJECTED PRICE

$2,730

PROJECTED RENT

0.42%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 3.95%
Appreciation Year (1-5) 5.1%
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$200k$400k$600k$800k$1.0M$1.2M$1.4M$1.6M$1.8M

PROJECTED ANNUAL CASH FLOW

11530-$10k-$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$1.8M

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$178,000

INVESTMENT

$178,000

Down Payment
$162,500
Rehab Estimate
$5,750
Closing Costs
$9,750

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

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

$2,398

MONTHLY LOAN PAYMENT

30 yr
Term
4.25%
Interest
25.00%
Down Payment
Term 30 Years
Interest 4.25%
Down Payment $162,500
Loan Amount $487,499
See What Happens When You Reinvest Cash Flow

1.08

YEARS SAVED

$3,728

INTEREST SAVED

CASH FLOW REINVESTMENT

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

  • $2,730

    LIST RENT
  • $1.63

    LIST RENT PER SQFT
  • $2,727

    COMP ESTIMATED VALUE
  • $1.63

    COMP AVG. RENT PER SQFT
Comps Range
$2,500
1$2,5002$2,5003$2,5954$2,7305$2,800
$2,800
RENT COMPS ANALYSIS
  • 14804 Calle Brisa Chino Hills, CA 4
    • 3 beds 3 baths ∙ 1,678 Sqft ∙ Built 1996 3 beds 3 baths ∙ 1,678 Sqft ∙ Built 1996
    • Rent
    • Rent Per SQFT
    •  
    • $2,730
    • $1.63
    •  
  • 14721 Bordeaux Lane Chino Hills, CA 1
    • 3 beds 3 baths ∙ 1,655 Sqft ∙ Built 1991 3 beds 3 baths ∙ 1,655 Sqft ∙ Built 1991
    LEASED 12/30/19
    • Rent
    • Rent Per SQFT
    •  
    • $2,500
    • $1.51
    •  
  • 14704 Molise Court Chino Hills, CA 2
    • 3 beds 3 baths ∙ 1,556 Sqft ∙ Built 1992 3 beds 3 baths ∙ 1,556 Sqft ∙ Built 1992
    LEASED 06/19/20
    • Rent
    • Rent Per SQFT
    •  
    • $2,500
    • $1.61
    •  
  • 14715 Chianti Place Chino Hills, CA 3
    • 3 beds 3 baths ∙ 1,556 Sqft ∙ Built 1990 3 beds 3 baths ∙ 1,556 Sqft ∙ Built 1990
    LEASED 04/15/20
    • Rent
    • Rent Per SQFT
    •  
    • $2,595
    • $1.67
    •  
  • 2556 Paseo Tortuga Chino Hills, CA 5
    • 3 beds 3 baths ∙ 1,634 Sqft ∙ Built 1992 3 beds 3 baths ∙ 1,634 Sqft ∙ Built 1992
    LEASED 08/22/20
    • Rent
    • Rent Per SQFT
    •  
    • $2,800
    • $1.71
    •  
PROPERTY LISTING DETAILS
Winnie Shih
A + Realty & Mortgage
Darryl John Willis
1.866.250.5610
HomeUnion.com
Lic. BRE# 01526904
California Regional Multiple Listing Service ( CRMLS)
MLS #: TR20243330
Last Updated: 11/21/2020
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