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

26471 Oso Rojo Mission Viejo, CA 92692

4 Beds 2 Baths 2,030 sqft Built 1970

$899,999

List Price

$3,800

$3.6K - $4.1K

Rent Est.

PROPERTY INFO

February 02, 2021 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 1970
  • Price/Sqft : $443.35
  • 6 Days on Market
  • MLS # : PW21021218
  • Updated Date : 02/02/2021 at 14:33
CONSTRUCTION
  • Beds : 4
  • Floor Size : 2,030 sqft
  • Baths : 2 full
Listing Agent

Coldwell Banker Realty

Listing Agent's Description

WOW! Premium pie-shaped lot offers a huge wrap-around yard, sparkling pool & rare privacy (no neighbors behind) with sweeping greenbelt and sports park views, the ultimate setting for outdoor living & entertaining. Virtually walk thru 3D tour & take measurements here: https://my.matterport.com/show/?m=qrYDKvyc1cB&brand=0 Nestled among the rolling hills of Coronado at Mission Viejo, this rare single-level home was generously expanded from builder’s original floor plan to include a 4th bedroom option (currently modeled as a den) adding approx 742 SqFt, surpassing every home in this price range. Inviting kitchen is sunny & bright w/classic white cabinetry & charming breakfast nook that flows into the open-concept living of this customized home offering an added great room w/dramatic stone fireplace & walls of windows that frame panoramic outdoor vistas. Vaulted ceilings, cozy fireplace & light-filled allure define the adjoining living room creating casually elegant living & additional space for entertaining. Extended master suite enjoys inspiring pool & garden views w/direct access to the park-like backyard blending indoor/outdoor living & creating a soothing retreat. Upgraded secondary bedrooms & baths offer modern comforts w/ ample space for everyone and convenience of one-story living. Just minutes from the Arroyo Trabuco Golf Club, shopping, dining, parks, hiking trails & optional access to Lake Mission Viejo. Only one like this...so schedule your showing before it’s gone!

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: Coronado

NeighborhoodNIR Market*CityMarket2010Year20002019250k300k350k400k450k500k550k600k650k700k750kPrice in $243k787k

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

Neighborhood: Coronado

NeighborhoodNIR Market*CityMarket2010Year2000 Q22019 Q21600180020002200240026002800300032003400Rent in $15953492

* 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
Viejo Elementary School Primary Regular 397 15 4
Newhart Middle School Middle Regular 1,276 51 7
Capistrano Valley High School High Regular 2,384 86 9

Viejo Elementary School

  • Education Level: Primary
  • # of students: 397
  • # of teachers: 15
4
GreatSchools Rating

Newhart Middle School

  • Education Level: Middle
  • # of students: 1,276
  • # of teachers: 51
7
GreatSchools Rating

Capistrano Valley High School

  • Education Level: High
  • # of students: 2,384
  • # of teachers: 86
9
GreatSchools Rating
 

$809,999$989,999$899,999

PURCHASE PRICE

$3,420$4,180$3,800

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $3,800
EXPENSES Loan Payment -$3,126
Property Tax -$763
Property Insurance -$76
Property Management Fees -$186
CASH FLOW
-$351

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.

$899,999

PROJECTED PRICE

$3,800

PROJECTED RENT

0.42%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 4.24%
Appreciation Year (1-5) 4.5%
Maintenance Year (1-5) 8.00%
Vacancy 5.38%
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-$5.0k$0.0$5.0k$10k$15k$20k$25k$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$244,250

INVESTMENT

$244,250

Down Payment
$225,000
Rehab Estimate
$5,750
Closing Costs
$13,500

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

A 50% down payment or higher enables the proceeds from the asset to cover all costs.

$3,126

MONTHLY LOAN PAYMENT

30 yr
Term
3.75%
Interest
25.00%
Down Payment
Term 30 Years
Interest 3.75%
Down Payment $225,000
Loan Amount $674,999
See What Happens When You Reinvest Cash Flow

4.08

YEARS SAVED

$34,200

INTEREST SAVED

CASH FLOW REINVESTMENT

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

  • $3,800

    LIST RENT
  • $1.87

    LIST RENT PER SQFT
  • $3,837

    COMP ESTIMATED VALUE
  • $1.89

    COMP AVG. RENT PER SQFT
Comps Range
$3,500
1$3,5002$3,8003$4,0004$4,5005$4,500
$4,500
RENT COMPS ANALYSIS
  • 26471 Oso Rojo Mission Viejo, CA 2
    • 4 beds 2 baths ∙ 2,030 Sqft ∙ Built 1970 4 beds 2 baths ∙ 2,030 Sqft ∙ Built 1970
    • Rent
    • Rent Per SQFT
    •  
    • $3,800
    • $1.87
    •  
  • 28771 Charreadas Laguna Niguel, CA 1
    • 4 beds 3 baths ∙ 1,965 Sqft ∙ Built 1985 4 beds 3 baths ∙ 1,965 Sqft ∙ Built 1985
    LEASED 12/26/19
    • Rent
    • Rent Per SQFT
    •  
    • $3,500
    • $1.78
    •  
  • 28782 Mira Vista Laguna Niguel, CA 3
    • 4 beds 3 baths ∙ 2,235 Sqft ∙ Built 1985 4 beds 3 baths ∙ 2,235 Sqft ∙ Built 1985
    LEASED 10/10/20
    • Rent
    • Rent Per SQFT
    •  
    • $4,000
    • $1.79
    •  
  • 28942 La Carreterra Laguna Niguel, CA 4
    • 4 beds 3 baths ∙ 2,217 Sqft ∙ Built 1983 4 beds 3 baths ∙ 2,217 Sqft ∙ Built 1983
    LEASED 05/04/20
    • Rent
    • Rent Per SQFT
    •  
    • $4,500
    • $2.03
    •  
  • 28832 Avenida Del Caballo Laguna Niguel, CA 5
    • 4 beds 3 baths ∙ 2,295 Sqft ∙ Built 1985 4 beds 3 baths ∙ 2,295 Sqft ∙ Built 1985
    LEASED 08/08/20
    • Rent
    • Rent Per SQFT
    •  
    • $4,500
    • $1.96
    •  
PROPERTY LISTING DETAILS
Monica Carr
Coldwell Banker Realty
Darryl John Willis
1.866.250.5610
HomeUnion.com
Lic. BRE# 01526904
California Regional Multiple Listing Service ( CRMLS)
MLS #: PW21021218
Last Updated: 02/02/2021
BESbswy