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

19101 E Ryals Lane Orange, CA 92869

3 Beds 2 Baths 1,707 sqft Built 1964

$784,900

List Price

$3,140

$2.9K - $3.4K

Rent Est.

PROPERTY INFO

December 19, 2020 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 1964
  • Price/Sqft : $459.81
  • 3 Days on Market
  • MLS # : PW20260162
  • Updated Date : 12/18/2020 at 17:45
CONSTRUCTION
  • Beds : 3
  • Floor Size : 1,707 sqft
  • Baths : 2 full
Listing Agent

First Team Real Estate

Listing Agent's Description

Welcome to the prestigious city of Orange, this remodeled house offers you three bedrooms and two bathroom, amazing 1,707 SQFT living space and large 8,164 SQFT lot size, double door entry, spectacular kitchen with ample quartz countertops, bar seating and plenty white cabinets, very brilliant living, dining, kitchen open floor plan with a spacious family room giving you direct access to the beautiful landscape backyard includes a large grass area and patio seating area that is ready for all your family and friends entertainment all year around, living and family room share a dual fireplace for your cozy winter days, two car garage attached with a large driveway, see the previous and current updates done in this incredible house; Previous owner upgrades: New stucco and New windows in 2015, New Roof in January/2019 present owner upgrades: New entire kitchen remodeled, New Recessed lighting, New Ceiling fans in 2019. New rain gutters, New two bathroom remodeled, New concrete slab on family room, interior New paint including doors, entire New flooring in 2020. , great location with easy access to the 55/5/22 Freeways and 133/241/261 Toll Roads. Minutes from Peters Canyon Regional Park and Irvine Regional Park, conveniently located nearby shopping and dining, definitely is a Must See!

SEE MORE

MARKET HIGHLIGHTS

  • 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, Orange County market inherits all the benefits from the area.
  • Southern California area contributes to 55.3% of California state economy i.e. Gross State Product (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]
  • 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)
  • 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)

PRICE & RENT TRENDS

Neighborhood: Orange Park Acres

NeighborhoodNIR Market*CityMarket2010Year20002019300k350k400k450k500k550k600k650k700k750k800k850k900kPrice in $260k922k

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

Neighborhood: Orange Park Acres

NeighborhoodNIR Market*CityMarket2010Year2000 Q22019 Q22000220024002600280030003200340036003800Rent in $18633900

* 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
Esplanade Elementary School Primary Regular 422 18 3
Santiago Middle School Middle Charter 967 38 5
El Modena High School High Regular 2,196 89 7

Esplanade Elementary School

  • Education Level: Primary
  • # of students: 422
  • # of teachers: 18
3
GreatSchools Rating

Santiago Middle School

  • Education Level: Middle
  • # of students: 967
  • # of teachers: 38
5
GreatSchools Rating

El Modena High School

  • Education Level: High
  • # of students: 2,196
  • # of teachers: 89
7
GreatSchools Rating
 

$706,410$863,390$784,900

PURCHASE PRICE

$2,826$3,454$3,140

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $3,140
EXPENSES Loan Payment -$2,896
Property Tax -$796
Property Insurance -$67
Property Management Fees -$154
CASH FLOW
-$773

This is the estimated cash flow generated during a typical maintenance-free month. It is recommended that investors set aside 14% of earned rent to cover both maintenance and periods of vacancy.

$784,900

PROJECTED PRICE

$3,140

PROJECTED RENT

0.40%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 4.08%
Appreciation Year (1-5) 4.5%
Maintenance Year (1-5) 8.00%
Vacancy 5.81%
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$15k

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$213,749

INVESTMENT

$213,749

Down Payment
$196,225
Rehab Estimate
$5,750
Closing Costs
$11,774

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

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

$2,896

MONTHLY LOAN PAYMENT

30 yr
Term
4.25%
Interest
25.00%
Down Payment
Term 30 Years
Interest 4.25%
Down Payment $196,225
Loan Amount $588,675
See What Happens When You Reinvest Cash Flow

1.33

YEARS SAVED

$5,641

INTEREST SAVED

CASH FLOW REINVESTMENT

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

  • $3,140

    LIST RENT
  • $1.84

    LIST RENT PER SQFT
  • $3,162

    COMP ESTIMATED VALUE
  • $1.85

    COMP AVG. RENT PER SQFT
Comps Range
$2,895
1$2,8952$3,1403$3,2004$3,2005$3,500
$3,500
RENT COMPS ANALYSIS
  • 19101 E Ryals Lane Orange, CA 2
    • 3 beds 2 baths ∙ 1,707 Sqft ∙ Built 1964 3 beds 2 baths ∙ 1,707 Sqft ∙ Built 1964
    • Rent
    • Rent Per SQFT
    •  
    • $3,140
    • $1.84
    •  
  • 5048 E Almond Avenue Orange, CA 1
    • 3 beds 3 baths ∙ 1,592 Sqft ∙ Built 1980 3 beds 3 baths ∙ 1,592 Sqft ∙ Built 1980
    LEASED 11/04/20
    • Rent
    • Rent Per SQFT
    •  
    • $2,895
    • $1.82
    •  
  • 490 N Rancho Santiago Boulevard Orange, CA 3
    • 4 beds 2 baths ∙ 1,789 Sqft ∙ Built 1964 4 beds 2 baths ∙ 1,789 Sqft ∙ Built 1964
    LEASED 04/26/20
    • Rent
    • Rent Per SQFT
    •  
    • $3,200
    • $1.79
    •  
  • 406 N Esplanade Street Orange, CA 4
    • 3 beds 2 baths ∙ 1,759 Sqft ∙ Built 1964 3 beds 2 baths ∙ 1,759 Sqft ∙ Built 1964
    LEASED 09/03/20
    • Rent
    • Rent Per SQFT
    •  
    • $3,200
    • $1.82
    •  
  • 637 N Ranchroad Drive Orange, CA 5
    • 4 beds 2 baths ∙ 1,764 Sqft ∙ Built 1977 4 beds 2 baths ∙ 1,764 Sqft ∙ Built 1977
    LEASED 08/25/19
    • Rent
    • Rent Per SQFT
    •  
    • $3,500
    • $1.98
    •  
PROPERTY LISTING DETAILS
Raymundo Corral
First Team Real Estate
Darryl John Willis
1.866.250.5610
HomeUnion.com
Lic. BRE# 01526904
California Regional Multiple Listing Service ( CRMLS)
MLS #: PW20260162
Last Updated: 12/18/2020
BESbswy