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

21260 Via Del Venado Yorba Linda, CA 92887

4 Beds 3 Baths 2,791 sqft Built 1986

$1,040,866

List Price

$4,400

$4.2K - $4.7K

Rent Est.

PROPERTY INFO

SINGLE-FAMILY
July 13, 2021 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 1986
  • Price/Sqft : $372.94
  • 6 Days on Market
  • MLS # : OC21149151
  • Updated Date : 07/10/2021 at 17:42
CONSTRUCTION
  • Beds : 4
  • Floor Size : 2,791 sqft
  • Baths : 3 full
Listing Agent

Premier Estates And Investments

Listing Agent's Description

Gorgeous turnkey 2 story home in the beautiful Yorba Linda. Home features 4 bedrooms, 3 baths with spacious 2,791 of living sqft. Upon entering the new double entry doors, you are welcome to the large living room with a high vaulted ceiling. This home has just been updated with new interior paint, luxury vinyl flooring, new plantation shutters. On the first floor is the formal dining room, family room with a wet bar, breakfast area and a large kitchen. The beautiful handcrafted wood staircase leads up to all the bedrooms, laundry room and the den. The master bedroom includes a large master bath with stand up shower, double vanities and a walk in closet. Rear yard is any entertainer's delight to make memories with your family and friends. They will all enjoy the spa, large entertaining area or the chilling on a hammock. This home is truly what dreams are made of!!

SEE MORE

MARKET HIGHLIGHTS

  • 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)
  • 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]

PRICE & RENT TRENDS

Zip Code: 92887

ZipNIR Market*CityMarket2010Year20002019300k400k500k600k700k800k900k1000k1100kPrice in $272k1132k

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

Zip Code: 92887

ZipNIR Market*CityMarket2010Year2000 Q22019 Q22000220024002600280030003200340036003800Rent in $19813872

* 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
Yorba Linda High School High Regular 1,768 64 10

Yorba Linda High School

  • Education Level: High
  • # of students: 1,768
  • # of teachers: 64
10
GreatSchools Rating
 

$936,779$1,144,953$1,040,866

PURCHASE PRICE

$3,960$4,840$4,400

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $4,400
EXPENSES Loan Payment -$3,615
Property Tax -$1,006
Property Insurance -$94
Property Management Fees -$216
CASH FLOW
-$531

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.

$1,040,866

PROJECTED PRICE

$4,400

PROJECTED RENT

0.42%

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

PROJECTED ANNUAL CASH FLOW

11530-$10k$0.0$10k$20k$30k

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$281,579

INVESTMENT

$281,579

Down Payment
$260,217
Rehab Estimate
$5,750
Closing Costs
$15,613

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

A 55% down payment or higher enables the proceeds from the asset to cover all costs.

$3,615

MONTHLY LOAN PAYMENT

30 yr
Term
3.75%
Interest
25.00%
Down Payment
Term 30 Years
Interest 3.75%
Down Payment $260,217
Loan Amount $780,650
See What Happens When You Reinvest Cash Flow

3.17

YEARS SAVED

$26,971

INTEREST SAVED

CASH FLOW REINVESTMENT

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

  • $4,400

    LIST RENT
  • $1.58

    LIST RENT PER SQFT
  • $4,424

    COMP ESTIMATED VALUE
  • $1.59

    COMP AVG. RENT PER SQFT
Comps Range
$4,400
1$4,4002$4,4003$4,5004$4,5005$4,800
$4,800
RENT COMPS ANALYSIS
  • 21260 Via Del Venado Yorba Linda, CA 2
    • 4 beds 3 baths ∙ 2,791 Sqft ∙ Built 1986 4 beds 3 baths ∙ 2,791 Sqft ∙ Built 1986
    property image
    • Rent
    • Rent Per SQFT
    •  
    • $4,400
    • $1.58
    •  
  • 5525 Via Sepulveda Yorba Linda, CA 1
    • 4 beds 3 baths ∙ 2,832 Sqft ∙ Built 1979 4 beds 3 baths ∙ 2,832 Sqft ∙ Built 1979
    property image
    LEASED 05/14/21
    • Rent
    • Rent Per SQFT
    •  
    • $4,400
    • $1.55
    •  
  • 5400 Via Cervantes Yorba Linda, CA 3
    • 4 beds 3 baths ∙ 2,796 Sqft ∙ Built 1990 4 beds 3 baths ∙ 2,796 Sqft ∙ Built 1990
    property image
    LEASED 11/16/20
    • Rent
    • Rent Per SQFT
    •  
    • $4,500
    • $1.61
    •  
  • 5416 Avenida El Cid Yorba Linda, CA 4
    • 4 beds 4 baths ∙ 2,862 Sqft ∙ Built 1994 4 beds 4 baths ∙ 2,862 Sqft ∙ Built 1994
    property image
    LEASED 11/13/20
    • Rent
    • Rent Per SQFT
    •  
    • $4,500
    • $1.57
    •  
  • 5270 Paseo Panorama Yorba Linda, CA 5
    • 4 beds 3 baths ∙ 2,979 Sqft ∙ Built 1984 4 beds 3 baths ∙ 2,979 Sqft ∙ Built 1984
    property image
    LEASED 12/29/20
    • Rent
    • Rent Per SQFT
    •  
    • $4,800
    • $1.61
    •  
PROPERTY LISTING DETAILS
Phillip Nguyen
Premier Estates And Investments
Darryl John Willis
1.866.250.5610
HomeUnion.com
Lic. BRE# 01526904
California Regional Multiple Listing Service ( CRMLS)
MLS #: OC21149151
Last Updated: 07/10/2021
BESbswy