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PROPERTY INFO
FACTS
- Single Family
- Built In 1994
- Price/Sqft : $450.14
- 4 Days on Market
- MLS # : LG20259076
- Updated Date : 12/19/2020 at 12:19
CONSTRUCTION
- Beds : 4
- Floor Size : 2,216 sqft
- Baths : 3 full
Listing Agent
Residential Agent Inc
Listing Agent's Description
Pure serenity and modern comfort abound in this immaculate home located in prestigious Lyon Highlands. Beautiful -concept floor plan to find an array of desirable features including light-filled clerestory and picture windows, plantation shutters, soaring ceilings, crown molding, and new wood and tile flooring throughout. The open chef’s kitchen is designed for the culinary epicure and features granite countertops, custom wood cabinetry, seated island, new top-tier stainless steel appliances, and French doors leading to the yard ideal for indoor/outdoor living.Unwind or entertain guests in the family room with surround sound and inviting fireplace, or host intimate soirees in the dining room with picture window and custom lighting.A grand staircase leads upstairs to the relaxing primary suite with “his and hers” walk-in closets, soaking tub, walk in shower, dual vanities, and French doors leading to a private, mountain- view balcony.Two additional second level bedrooms as well as a full downstairs bedroom and bath provide plenty of privacy for family and guests.Enjoy climate perfect days and citrus-hued sunsets on the immaculate grounds with stone paver patio, veranda, fire pit, manicured lawn, hot tub, and outdoor television. Located in one of the most picturesque neighborhoods of Trabuco Highlands, and minutes from hiking, fine dining, and beaches, this winsome home provides the ideal combination of tranquility and luxury in an amenity rich community environment.
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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: Trabuco Highlands
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
Neighborhood: Trabuco Highlands
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
SCHOOLS
FINANCIALS
PROJECTED BASIC MONTHLY INCOME STATEMENT
| INCOME | Rent | $3,780 |
| EXPENSES | Loan Payment | -$3,680 |
| Property Tax | -$856 | |
| Property Insurance | -$81 | |
| HOA | -$210 | |
| Property Management Fees | -$185 | |
|
CASH FLOW
-$1,233
|
||
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.
$997,500
PROJECTED PRICE
$3,780
PROJECTED RENT
0.38%
PROJECTED RENT / PRICE RATIO
| Expense Inflation | 2.50% |
| Rental Growth Year (1-5) | 4.08% |
| Appreciation Year (1-5) | 4.6% |
| Maintenance Year (1-5) | 8.00% |
| Vacancy | 5.81% |
| Length of Stay Years | 2 |
PROJECTED ACCUMULATED WEALTH
30 YEAR PROJECTION
- Cash Flow
- Appreciation
- Principal
PROJECTED ANNUAL CASH FLOW
PROJECTED PROPERTY VALUE
30 YEAR PROJECTION
- Appreciation
- Principal
- Loan Balance
TOTAL CASH OUT OF POCKET
INVESTMENT
$270,088
LOAN DETAILS
$3,680
MONTHLY LOAN PAYMENT
| Term | 30 Years |
| Interest | 4.25% |
| Down Payment | $249,375 |
| Loan Amount | $748,125 |
0.42
YEARS SAVED
$1,518
INTEREST SAVED
CASH FLOW REINVESTMENT
The time & interest saved by applying each month's positive cash flow towards loan principal pay down.
-
$3,780
LIST RENT -
$1.71
LIST RENT PER SQFT
-
$3,795
COMP ESTIMATED VALUE -
$1.71
COMP AVG. RENT PER SQFT
Comps Range
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- 4 beds 3 baths ∙ 2,216 Sqft ∙ Built 1994 4 beds 3 baths ∙ 2,216 Sqft ∙ Built 1994
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LEASED 10/03/19- Rent
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- $3,300
- $1.68
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20 Greenspring Rancho Santa Margarita, CA 2
- 3 beds 2 baths ∙ 2,048 Sqft ∙ Built 1994 3 beds 2 baths ∙ 2,048 Sqft ∙ Built 1994
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LEASED 12/16/19- Rent
- Rent Per SQFT
- $3,600
- $1.76
-
10 Greenspring Rancho Santa Margarita, CA 4
- 3 beds 3 baths ∙ 2,187 Sqft ∙ Built 1994 3 beds 3 baths ∙ 2,187 Sqft ∙ Built 1994
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LEASED 06/21/19- Rent
- Rent Per SQFT
- $3,850
- $1.76
-
20771 Shadow Rock Lane Rancho Santa Margarita, CA 5
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LEASED 06/21/20- Rent
- Rent Per SQFT
- $4,200
- $1.65
PROPERTY LISTING DETAILS
Residential Agent Inc
1.866.250.5610
HomeUnion.com
Lic. BRE# 01526904
MLS #: LG20259076
Last Updated: 12/19/2020
