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20640 Via Breve Yorba Linda, CA 92886

5 Beds 4 Baths 2,676 sqft Built 1983

$1,229,000

List Price

$4,010

$3.8K - $4.3K

Rent Est.

PROPERTY INFO

January 30, 2021 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 1983
  • Price/Sqft : $459.27
  • 3 Days on Market
  • MLS # : PW21019184
  • Updated Date : 01/29/2021 at 16:32
CONSTRUCTION
  • Beds : 5
  • Floor Size : 2,676 sqft
  • Baths : 3 full , 1 half
Listing Agent

Coldwell Banker Realty

Listing Agent's Description

You're going to fall in love with this home before you even make it to the door!With a stately approach & lush landscaping,this home defines curb appeal!Step through the double doors into a lovely foyer overlooking the formal living room with cathedral ceiling & a bay window with a view of the front yard.The adjacent formal dining room overlooks the gorgeous backyard & city light view.Rich wood flooring adorns the first level floors & plantation shutters grace many of the windows.The great room enjoys a wonderful view of the backyard & consists of a family room with fireplace & built-in entertainment center,a beautiful breakfast room with cathedral ceiling & paladian windows & a stunning remodeled kitchen with crisp white cabinetry,quartz countertops,stainless steel appliances & an island with bar seating.Your private backyard paradise awaits with sparkling pool & spa,lush lawns & vegetation,a view deck beyond the pool to take in the city lights & a covered patio for outdoor dining.Wide side yards have the potential for RV parking.Upstairs,you find a master suite with beautiful remodeled bathroom & abundant closet space.All bedrooms have plush carpeting,ceiling fans & shutters or blinds.There are 4 more spacious bedrooms & 2 more full bathrooms upstairs.The central location of this home is fabulous with several parks just minutes away,plus award winning schools,shopping,dining & entertainment.There's no better place to live than 20640 Via Breve.You belong here!Make is yours!

SEE MORE

MARKET HIGHLIGHTS

  • 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)
  • 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)

PRICE & RENT TRENDS

Neighborhood: Travis Ranch

NeighborhoodNIR Market*CityMarket2010Year20002019300k400k500k600k700k800k900k1000kPrice in $272k1058k

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

Neighborhood: Travis Ranch

NeighborhoodNIR Market*CityMarket2010Year2000 Q22019 Q22000220024002600280030003200340036003800Rent in $19813818

* 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
Esperanza High School High Regular 1,858 72 8

Esperanza High School

  • Education Level: High
  • # of students: 1,858
  • # of teachers: 72
8
GreatSchools Rating
 

$1,106,100$1,351,900$1,229,000

PURCHASE PRICE

$3,609$4,411$4,010

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $4,010
EXPENSES Loan Payment -$4,269
Property Tax -$1,218
Property Insurance -$92
Property Management Fees -$196
CASH FLOW
-$1,765

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.

$1,229,000

PROJECTED PRICE

$4,010

PROJECTED RENT

0.33%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 4.08%
Appreciation Year (1-5) 4.0%
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$2.5M$3.0M

PROJECTED ANNUAL CASH FLOW

11530-$30k-$25k-$20k-$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$2.5M$3.0M

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$331,435

INVESTMENT

$331,435

Down Payment
$307,250
Rehab Estimate
$5,750
Closing Costs
$18,435

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

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

$4,269

MONTHLY LOAN PAYMENT

30 yr
Term
3.75%
Interest
25.00%
Down Payment
Term 30 Years
Interest 3.75%
Down Payment $307,250
Loan Amount $921,750
See What Happens When You Reinvest Cash Flow

0.17

YEARS SAVED

$129

INTEREST SAVED

CASH FLOW REINVESTMENT

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

  • $4,010

    LIST RENT
  • $1.5

    LIST RENT PER SQFT
  • $4,014

    COMP ESTIMATED VALUE
  • $1.5

    COMP AVG. RENT PER SQFT
Comps Range
$3,900
1$3,9002$3,9003$4,0104$4,5005$4,500
$4,500
RENT COMPS ANALYSIS
  • 20640 Via Breve Yorba Linda, CA 3
    • 5 beds 4 baths ∙ 2,676 Sqft ∙ Built 1983 5 beds 4 baths ∙ 2,676 Sqft ∙ Built 1983
    • Rent
    • Rent Per SQFT
    •  
    • $4,010
    • $1.50
    •  
  • 20460 Via Canarias Yorba Linda, CA 1
    • 4 beds 3 baths ∙ 2,769 Sqft ∙ Built 1990 4 beds 3 baths ∙ 2,769 Sqft ∙ Built 1990
    LEASED 06/12/20
    • Rent
    • Rent Per SQFT
    •  
    • $3,900
    • $1.41
    •  
  • 20480 Via Zaragoza Yorba Linda, CA 2
    • 4 beds 2 baths ∙ 2,769 Sqft ∙ Built 1989 4 beds 2 baths ∙ 2,769 Sqft ∙ Built 1989
    LEASED 08/03/20
    • Rent
    • Rent Per SQFT
    •  
    • $3,900
    • $1.41
    •  
  • 5400 Via Cervantes Yorba Linda, CA 4
    • 4 beds 3 baths ∙ 2,796 Sqft ∙ Built 1990 4 beds 3 baths ∙ 2,796 Sqft ∙ Built 1990
    LEASED 11/16/20
    • Rent
    • Rent Per SQFT
    •  
    • $4,500
    • $1.61
    •  
  • 5416 Avenida El Cid Yorba Linda, CA 5
    • 4 beds 4 baths ∙ 2,862 Sqft ∙ Built 1994 4 beds 4 baths ∙ 2,862 Sqft ∙ Built 1994
    LEASED 11/13/20
    • Rent
    • Rent Per SQFT
    •  
    • $4,500
    • $1.57
    •  
PROPERTY LISTING DETAILS
Edith Israel
Coldwell Banker Realty
Darryl John Willis
1.866.250.5610
HomeUnion.com
Lic. BRE# 01526904
California Regional Multiple Listing Service ( CRMLS)
MLS #: PW21019184
Last Updated: 01/29/2021
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