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20862 Porter Ranch Road Rancho Santa Margarita, CA 92679

4 Beds 3 Baths 2,267 sqft Built 1990

$949,085

List Price

$3,720

$3.5K - $4K

Rent Est.

PROPERTY INFO

SINGLE-FAMILY
March 06, 2021 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 1990
  • Price/Sqft : $418.65
  • 5 Days on Market
  • MLS # : OC21044698
  • Updated Date : 03/05/2021 at 15:39
CONSTRUCTION
  • Beds : 4
  • Floor Size : 2,267 sqft
  • Baths : 3 full
Listing Agent

Coldwell Banker Realty

Listing Agent's Description

Rare pool home with bedroom & full bath on main level ! No Mello Roos & low HOA ! The double-door entry welcomes you into this gorgeous home with its elegant, curved staircase, vaulted ceilings in formal living & dining areas that are ideal for entertaining. The kitchen opens to a large family room with a cozy fireplace. Downstairs bed & full bath is perfect for guests or home office. Master Suite features pool views, volume ceilings, walk-in closet, separate shower & tub and separate water closet. The rear yard features a relaxing pool and spa with patio cover and palms. Inside laundry leads you out to the 3 car garage with built in storage, work bench & flooring. Association includes Olympic size pool and spa. Robinson Ranch features award winning schools, hiking, close to the golf course, lake and dining.

SEE MORE

MARKET HIGHLIGHTS

  • 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)
  • Southern California's economy is worth $1.58 trillion in Gross Metro Product and projected to grow to $1.67 trillion (USMayors.org, 2018)

PRICE & RENT TRENDS

Neighborhood: Trabuco Highlands

NeighborhoodNIR Market*CityMarket2010Year20002019300k350k400k450k500k550k600k650k700k750k800k850k900k950kPrice in $272k964k

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

Neighborhood: Trabuco Highlands

NeighborhoodNIR Market*CityMarket2010Year2000 Q22019 Q220002200240026002800300032003400360038004000Rent in $19814166

* 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
Rancho Santa Margarita Intermediate School Middle Regular 1,353 53 8
Mission Viejo High School High Magnet 2,438 92 8
Rancho Santa Margarita Intermediate School Middle Unknown NA

Rancho Santa Margarita Intermediate School

  • Education Level: Middle
  • # of students: 1,353
  • # of teachers: 53
8
GreatSchools Rating

Mission Viejo High School

  • Education Level: High
  • # of students: 2,438
  • # of teachers: 92
8
GreatSchools Rating

Rancho Santa Margarita Intermediate School

  • Education Level: Middle
  • # of students:
  • # of teachers:
NA
GreatSchools Rating
 

$854,177$1,043,994$949,085

PURCHASE PRICE

$3,348$4,092$3,720

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $3,720
EXPENSES Loan Payment -$3,297
Property Tax -$802
Property Insurance -$82
HOA -$210
Property Management Fees -$182
CASH FLOW
-$853

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.

$949,085

PROJECTED PRICE

$3,720

PROJECTED RENT

0.39%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

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
11530$0.0$500k$1.0M$1.5M$2.0M$2.5M

PROJECTED ANNUAL CASH FLOW

11530-$15k-$10k-$5.0k$0.0$5.0k$10k$15k$20k

PROJECTED PROPERTY VALUE

30 YEAR PROJECTION

  • Appreciation
  • Principal
  • Loan Balance
11530$0.0$500k$1.0M$1.5M$2.0M$2.5M

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$257,258

INVESTMENT

$257,258

Down Payment
$237,271
Rehab Estimate
$5,750
Closing Costs
$14,236

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

A 60% down payment or higher enables the proceeds from the asset to cover all costs.

$3,297

MONTHLY LOAN PAYMENT

30 yr
Term
3.75%
Interest
25.00%
Down Payment
Term 30 Years
Interest 3.75%
Down Payment $237,271
Loan Amount $711,814
See What Happens When You Reinvest Cash Flow

1.33

YEARS SAVED

$6,025

INTEREST SAVED

CASH FLOW REINVESTMENT

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

  • $3,720

    LIST RENT
  • $1.64

    LIST RENT PER SQFT
  • $3,712

    COMP ESTIMATED VALUE
  • $1.64

    COMP AVG. RENT PER SQFT
Comps Range
$3,295
1$3,2952$3,3003$3,7204$4,1005$4,200
$4,200
RENT COMPS ANALYSIS
  • 20862 Porter Ranch Road Rancho Santa Margarita, CA 3
    • 4 beds 3 baths ∙ 2,267 Sqft ∙ Built 1990 4 beds 3 baths ∙ 2,267 Sqft ∙ Built 1990
    property image
    • Rent
    • Rent Per SQFT
    •  
    • $3,720
    • $1.64
    •  
  • 17 Hemingway Court Trabuco Canyon, CA 1
    • 3 beds 3 baths ∙ 2,246 Sqft ∙ Built 1998 3 beds 3 baths ∙ 2,246 Sqft ∙ Built 1998
    property image
    LEASED 06/23/20
    • Rent
    • Rent Per SQFT
    •  
    • $3,295
    • $1.47
    •  
  • 32111 Fall River Road Rancho Santa Margarita, CA 2
    • 4 beds 3 baths ∙ 1,970 Sqft ∙ Built 1988 4 beds 3 baths ∙ 1,970 Sqft ∙ Built 1988
    property image
    LEASED 10/03/19
    • Rent
    • Rent Per SQFT
    •  
    • $3,300
    • $1.68
    •  
  • 32231 Fall River Road Trabuco Canyon, CA 4
    • 4 beds 3 baths ∙ 2,342 Sqft ∙ Built 1988 4 beds 3 baths ∙ 2,342 Sqft ∙ Built 1988
    property image
    LEASED 02/15/21
    • Rent
    • Rent Per SQFT
    •  
    • $4,100
    • $1.75
    •  
  • 20771 Shadow Rock Lane Rancho Santa Margarita, CA 5
    • 5 beds 3 baths ∙ 2,539 Sqft ∙ Built 1990 5 beds 3 baths ∙ 2,539 Sqft ∙ Built 1990
    property image
    LEASED 06/21/20
    • Rent
    • Rent Per SQFT
    •  
    • $4,200
    • $1.65
    •  
PROPERTY LISTING DETAILS
Susan Piazza
Coldwell Banker Realty
Darryl John Willis
1.866.250.5610
HomeUnion.com
Lic. BRE# 01526904
California Regional Multiple Listing Service ( CRMLS)
MLS #: OC21044698
Last Updated: 03/05/2021
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