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
25672 Laurelwood Place 
Moreno Valley, CA
92557
4 Beds 3 Baths 2,185 sqft
Built 1989
INVESTimate
$479,900
List Price
$132,924
REQUEST INFO
SCHEDULE APPOINTMENT
It's free, with no obligation
PROPERTY INFO
FACTS
- Built In 1989
- Price/Sqft : $219.63
- 3 Days on Market
- MLS # : IG20167186
- Updated Date : 08/25/2020 at 15:35
CONSTRUCTION
- Beds : 4
- Floor Size : 2,185 sqft
- Baths : 3 full
Listing Agent
Red Diamond Realty
Listing Agent's Description
Welcome Home! This property checks all the boxes in terms of condition, location, and charm! Tucked away near the end of a beautiful, quiet cul-de-sac, this home exudes pride of ownership, is turnkey, and offers so many great features for its new owners. Every room in the house has been updated. From the Brazilian granite counter tops in the kitchen, custom stacked stone fireplace in the family room, to the top of the line plumbing fixtures in the updated bathrooms. This home offers a warm and inviting feel with a spacious floor plan. The main floor has a large, private bedroom with a full bathroom, along with an added cozy bonus room perfect for an office or kids play room. Upstairs you will find two over-sized bedrooms, each with their own walk-in closets, and both display gorgeous mountain views. And don’t forget the master bedroom is the perfect retreat for your long days, with a walk-in closet and double sinks in the vanity. If that’s not enough, you WILL fall in love with the perfectly manicured grounds of this 10,000+ square foot lot, displaying citrus trees of lemon, navel orange, Mandarin orange, and a sweet loquat tree. The gorgeous yard is complete with RV parking, a playhouse, and storage shed in the back of the property. Additional recent updates include: exterior paint, carpet, AC system, water heater, and fully repaired roof. Conveniently located close to shopping and great schools; this property is sure to impress even your pickiest buyers!
SEE MORE
MARKET HIGHLIGHTS
- 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)
- Southern California area contributes to 55.3% of California state economy i.e. Gross State Product (USMayors.org, 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)
- 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]
- 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, Inland Empire market inherits all the benefits from the area.
PRICE & RENT TRENDS
Neighborhood: Moreno Valley
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
Neighborhood: Moreno Valley
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
SCHOOLS
PROJECTED ACCUMULATED WEALTH
30 YEAR PROJECTION
- Cash Flow
- Appreciation
- Principal
PROJECTED ANNUAL CASH FLOW
PROJECTED PROPERTY VALUE
30 YEAR PROJECTION
- Appreciation
- Principal
- Loan Balance
FINANCIALS
PROJECTED BASIC MONTHLY INCOME STATEMENT
| INCOME | Rent | $2,080 |
| EXPENSES | Loan Payment | -$1,771 |
| Property Tax | -$488 | |
| Property Insurance | -$80 | |
| Property Management Fees | -$123 | |
|
CASH FLOW
-$382
|
||
This is the estimated cash flow generated during a typical maintenance-free month. It is recommended that investors set aside 13% of earned rent to cover both maintenance and periods of vacancy.
$479,900
PROJECTED PRICE
$2,080
PROJECTED RENT
0.43%
PROJECTED RENT / PRICE RATIO
| Expense Inflation | 2.50% |
| Rental Growth Year (1-5) | 3.76% |
| Appreciation Year (1-5) | 9.13% |
| Maintenance Year (1-5) | 8.00% |
| Vacancy | 5.41% |
| Length of Stay Years | 2 |
TOTAL CASH OUT OF POCKET
INVESTMENT
$132,924
LOAN DETAILS
$1,771
MONTHLY LOAN PAYMENT
| Term | 30 Years |
| Interest | 4.25% |
| Down Payment | $119,975 |
| Loan Amount | $359,925 |
1.67
YEARS SAVED
$6,286
INTEREST SAVED
CASH FLOW REINVESTMENT
The time & interest saved by applying each month's positive cash flow towards loan principal pay down.
-
$2,080
LIST RENT -
$0.95
LIST RENT PER SQFT
-
$2,278
COMP ESTIMATED VALUE -
$1.04
COMP AVG. RENT PER SQFT
Comps Range
-
25672 Laurelwood Place Moreno Valley, 2
- 4 beds 3 baths ∙ 2,185 Sqft ∙ Built 1989 4 beds 3 baths ∙ 2,185 Sqft ∙ Built 1989
- Rent
- Rent Per SQFT
- $2,080
- $0.95
-
25622 Kalmia Avenue Moreno Valley, 1
- 4 beds 2 baths ∙ 2,097 Sqft ∙ Built 2002 4 beds 2 baths ∙ 2,097 Sqft ∙ Built 2002
LEASED 08/20/20- Rent
- Rent Per SQFT
- $1,950
- $0.93
-
25173 Bronze Drive Moreno Valley, 3
- 4 beds 3 baths ∙ 2,325 Sqft ∙ Built 2002 4 beds 3 baths ∙ 2,325 Sqft ∙ Built 2002
LEASED 10/07/19- Rent
- Rent Per SQFT
- $2,200
- $0.95
-
11923 Villa Hermosa Moreno Valley, 4
- 5 beds 3 baths ∙ 2,210 Sqft ∙ Built 1986 5 beds 3 baths ∙ 2,210 Sqft ∙ Built 1986
LEASED 05/05/20- Rent
- Rent Per SQFT
- $2,450
- $1.11
-
25732 Poplar Court Moreno Valley, 5
- 4 beds 3 baths ∙ 2,185 Sqft ∙ Built 1990 4 beds 3 baths ∙ 2,185 Sqft ∙ Built 1990
LEASED 02/07/20- Rent
- Rent Per SQFT
- $2,575
- $1.18
PROPERTY LISTING DETAILS
Red Diamond Realty
1.866.250.5610
HomeUnion.com
Lic. BRE# 01526904
MLS #: IG20167186
Last Updated: 08/25/2020
