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2207 E Deborah Orange, CA 92869

4 Beds 3 Baths 2,666 sqft Built 1974

$1,050,000

List Price

$3,900

$3.7K - $4.2K

Rent Est.

PROPERTY INFO

FACTS
  • Single Family
  • Built In 1974
  • Price/Sqft : $393.85
  • 21 Days on Market
  • MLS # : PW21010952
  • Updated Date : 02/05/2021 at 15:21
CONSTRUCTION
  • Beds : 4
  • Floor Size : 2,666 sqft
  • Baths : 2 full , 1 half
Listing Agent

Century 21 Award

Listing Agent's Description

This Is Truly A 'must See'! Private Backyard With Gigantic Pool, 2666 sq. ft, on a 13,000 sq. ft. lot. Landscaped,int/ext New Paint,new flooring Bedroom,ceiling Fans,pool Resurfaced And Equipment Ago.custom Bricked Electric Grill And Bay Window Seat. Extra Closet And Shelves In Hall.oak Staircase To Upper Levels. 2 car garage. Corner lot, possible RV, Close to freeways, 55,22,91, close to medical facilities, park, schools, very nice. Close to Yorba Park, St. Joseph Meritage Medical Group,, Global Medical Center, quite a nice and convenient area. Note, public records show as 3 bedrooms, but the house is 4 bedrooms. Buyer to verify all.

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

Zip Code: 92869

ZipNIR Market*CityMarket2010Year20002019300k350k400k450k500k550k600k650k700k750k800k850k900kPrice in $260k922k

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

Zip Code: 92869

ZipNIR Market*CityMarket2010Year2000 Q22019 Q22000220024002600280030003200340036003800Rent in $18633818

* 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
Santiago Middle School Middle Charter 967 38 5
El Modena High School High Regular 2,196 89 7
Santiago Middle School Middle Unknown NA

Santiago Middle School

  • Education Level: Middle
  • # of students: 967
  • # of teachers: 38
5
GreatSchools Rating

El Modena High School

  • Education Level: High
  • # of students: 2,196
  • # of teachers: 89
7
GreatSchools Rating

Santiago Middle School

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

$945,000$1,155,000$1,050,000

PURCHASE PRICE

$3,510$4,290$3,900

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $3,900
EXPENSES Loan Payment -$3,647
Property Tax -$1,017
Property Insurance -$90
Property Management Fees -$191
CASH FLOW
-$1,045

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.

$1,050,000

PROJECTED PRICE

$3,900

PROJECTED RENT

0.37%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 4.08%
Appreciation Year (1-5) 5.6%
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$3.0M

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$3.0M

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$284,000

INVESTMENT

$284,000

Down Payment
$262,500
Rehab Estimate
$5,750
Closing Costs
$15,750

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

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

$3,647

MONTHLY LOAN PAYMENT

30 yr
Term
3.75%
Interest
25.00%
Down Payment
Term 30 Years
Interest 3.75%
Down Payment $262,500
Loan Amount $787,500
See What Happens When You Reinvest Cash Flow

1

YEARS SAVED

$4,509

INTEREST SAVED

CASH FLOW REINVESTMENT

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

  • $3,900

    LIST RENT
  • $1.46

    LIST RENT PER SQFT
  • $4,026

    COMP ESTIMATED VALUE
  • $1.51

    COMP AVG. RENT PER SQFT
Comps Range
$3,600
1$3,6002$3,7003$3,9004$3,9005$3,995
$3,995
RENT COMPS ANALYSIS
  • 2207 E Deborah Orange, CA 4
    • 4 beds 3 baths ∙ 2,666 Sqft ∙ Built 1974 4 beds 3 baths ∙ 2,666 Sqft ∙ Built 1974
    • Rent
    • Rent Per SQFT
    •  
    • $3,900
    • $1.46
    •  
  • 645 S Yorba St Orange, CA 1
    • 4 beds 2 baths ∙ 2,456 Sqft ∙ Built 1962 4 beds 2 baths ∙ 2,456 Sqft ∙ Built 1962
    LEASED 03/19/20
    • Rent
    • Rent Per SQFT
    •  
    • $3,600
    • $1.47
    •  
  • 13501 Prospect Avenue Santa Ana, CA 2
    • 4 beds 3 baths ∙ 2,511 Sqft ∙ Built 1955 4 beds 3 baths ∙ 2,511 Sqft ∙ Built 1955
    LEASED 12/12/20
    • Rent
    • Rent Per SQFT
    •  
    • $3,700
    • $1.47
    •  
  • 3125 E Larkstone Drive Orange, CA 3
    • 4 beds 3 baths ∙ 2,466 Sqft ∙ Built 1962 4 beds 3 baths ∙ 2,466 Sqft ∙ Built 1962
    LEASED 04/08/20
    • Rent
    • Rent Per SQFT
    •  
    • $3,900
    • $1.58
    •  
  • 2619 E Palmyra Avenue Orange, CA 5
    • 3 beds 2 baths ∙ 2,631 Sqft ∙ Built 1963 3 beds 2 baths ∙ 2,631 Sqft ∙ Built 1963
    LEASED 11/17/20
    • Rent
    • Rent Per SQFT
    •  
    • $3,995
    • $1.52
    •  
PROPERTY LISTING DETAILS
Richard Lobin
Century 21 Award
Darryl John Willis
1.866.250.5610
HomeUnion.com
Lic. BRE# 01526904
California Regional Multiple Listing Service ( CRMLS)
MLS #: PW21010952
Last Updated: 02/05/2021
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