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

21391 Birdhollow Drive Rancho Santa Margarita, CA 92679

4 Beds 3 Baths 2,730 sqft Built 1990

$979,000

List Price

$3,950

$3.7K - $4.2K

Rent Est.

PROPERTY INFO

November 09, 2020 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 1990
  • Price/Sqft : $358.61
  • 8 Days on Market
  • MLS # : PW20231009
  • Updated Date : 11/11/2020 at 15:22
CONSTRUCTION
  • Beds : 4
  • Floor Size : 2,730 sqft
  • Baths : 3 full
Listing Agent

Own It Now Realty Team

Listing Agent's Description

Enjoy this beautiful spacious Robinson Ranch home. This 4 bedroom, 3 bathroom residence with 3 car garage features spacious living space to enjoy and entertain. Open kitchen with windows that brings in natural light throughout the home. The upstairs private master suite wing includes cathedral ceilings & a cozy fireplace a Large Master bath with dual sinks along with a spacious bathtub and separate shower. 2 bedrooms upstairs and 1 downstairs room can be used for 4th bedroom, office, or anything you need. The backyard is large and great for entertaining and to enjoy the Orange County sunsets. Home is near stores, restaurants and the 241 toll road.

SEE MORE

MARKET HIGHLIGHTS

  • 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)
  • 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.

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
Robinson Elementary School Primary Regular 655 22 8
Rancho Santa Margarita Intermediate School Middle Regular 1,353 53 8
Mission Viejo High School High Magnet 2,438 92 8

Robinson Elementary School

  • Education Level: Primary
  • # of students: 655
  • # of teachers: 22
8
GreatSchools Rating

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
 

$881,100$1,076,900$979,000

PURCHASE PRICE

$3,555$4,345$3,950

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $3,950
EXPENSES Loan Payment -$3,612
Property Tax -$842
Property Insurance -$93
HOA -$222
Property Management Fees -$194
CASH FLOW
-$1,012

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.

$979,000

PROJECTED PRICE

$3,950

PROJECTED RENT

0.40%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 4.08%
Appreciation Year (1-5) 4.6%
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-$20k-$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$265,185

INVESTMENT

$265,185

Down Payment
$244,750
Rehab Estimate
$5,750
Closing Costs
$14,685

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

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

$3,612

MONTHLY LOAN PAYMENT

30 yr
Term
4.25%
Interest
25.00%
Down Payment
Term 30 Years
Interest 4.25%
Down Payment $244,750
Loan Amount $734,250
See What Happens When You Reinvest Cash Flow

1.08

YEARS SAVED

$5,543

INTEREST SAVED

CASH FLOW REINVESTMENT

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

  • $3,950

    LIST RENT
  • $1.45

    LIST RENT PER SQFT
  • $4,300

    COMP ESTIMATED VALUE
  • $1.58

    COMP AVG. RENT PER SQFT
Comps Range
$3,900
1$3,9002$3,9503$4,2004$4,5005$4,700
$4,700
RENT COMPS ANALYSIS
  • 21391 Birdhollow Drive Rancho Santa Margarita, CA 2
    • 4 beds 3 baths ∙ 2,730 Sqft ∙ Built 1990 4 beds 3 baths ∙ 2,730 Sqft ∙ Built 1990
    • Rent
    • Rent Per SQFT
    •  
    • $3,950
    • $1.45
    •  
  • 17 Lawnridge Rancho Santa Margarita, CA 1
    • 3 beds 3 baths ∙ 2,539 Sqft ∙ Built 1994 3 beds 3 baths ∙ 2,539 Sqft ∙ Built 1994
    LEASED 06/14/20
    • Rent
    • Rent Per SQFT
    •  
    • $3,900
    • $1.54
    •  
  • 20771 Shadow Rock Lane Rancho Santa Margarita, CA 3
    • 5 beds 3 baths ∙ 2,539 Sqft ∙ Built 1990 5 beds 3 baths ∙ 2,539 Sqft ∙ Built 1990
    LEASED 06/21/20
    • Rent
    • Rent Per SQFT
    •  
    • $4,200
    • $1.65
    •  
  • 21641 Hummingbird Street Rancho Santa Margarita, CA 4
    • 4 beds 3 baths ∙ 2,927 Sqft ∙ Built 1995 4 beds 3 baths ∙ 2,927 Sqft ∙ Built 1995
    LEASED 11/04/20
    • Rent
    • Rent Per SQFT
    •  
    • $4,500
    • $1.54
    •  
  • 21261 Eastglen Drive Rancho Santa Margarita, CA 5
    • 5 beds 3 baths ∙ 3,000 Sqft ∙ Built 1991 5 beds 3 baths ∙ 3,000 Sqft ∙ Built 1991
    LEASED 12/08/19
    • Rent
    • Rent Per SQFT
    •  
    • $4,700
    • $1.57
    •  
PROPERTY LISTING DETAILS
Eric Perez
Own It Now Realty Team
Darryl John Willis
1.866.250.5610
HomeUnion.com
Lic. BRE# 01526904
California Regional Multiple Listing Service ( CRMLS)
MLS #: PW20231009
Last Updated: 11/11/2020
BESbswy