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31767 Sweetwater Circle 
Temecula, CA
92591
4 Beds 4 Baths 2,407 sqft
Built 2013
INVESTimate
$549,000
List Price
$151,235
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PROPERTY INFO
FACTS
- Built In 2013
- Price/Sqft : $228.08
- 5 Days on Market
- MLS # : IV20172775
- Updated Date : 08/24/2020 at 07:49
CONSTRUCTION
- Beds : 4
- Floor Size : 2,407 sqft
- Baths : 3 full , 1 half
Listing Agent
Valley Homes And Estates
Listing Agent's Description
Absolutely gorgeous RARE Single-Story in the Exclusive Gated Community of Roripaugh Ranch. This 4-bedroom 3.5 bath open concept home has been highly upgraded throughout and offers plenty of space for your family and guests. This turn-key home boasts true low maintenance living with pavers in the front and rear yards, with full length alumawood patio cover offering plenty of room for entertaining. The front two bedrooms share a Jack and Jill bathroom, while the additional guest room offers an attached full bath. The master bedroom offers a spacious bath with dual vanities and a large walk-in closet. Don’t miss this opportunity to own a RARE single-story home in the true resort style community of Roripaugh Ranch with Clubhouse, 24 hr. fitness center, Pool and Spa, basketball and Tennis Courts, Activity Trail, and Multiple Parks. Conveniently located close to shopping, Temecula Wine Country, The Promenade Mall, Freeways, and within the Award-winning Temecula School District!
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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: Roripaugh Ranch
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
Neighborhood: Roripaugh Ranch
* 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 | $2,710 |
| EXPENSES | Loan Payment | -$2,026 |
| Property Tax | -$657 | |
| Property Insurance | -$85 | |
| HOA | -$188 | |
| Property Management Fees | -$160 | |
|
CASH FLOW
-$406
|
||
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.
$549,000
PROJECTED PRICE
$2,710
PROJECTED RENT
0.49%
PROJECTED RENT / PRICE RATIO
| Expense Inflation | 2.50% |
| Rental Growth Year (1-5) | 3.95% |
| Appreciation Year (1-5) | 5.65% |
| Maintenance Year (1-5) | 8.00% |
| Vacancy | 5.35% |
| Length of Stay Years | 2 |
TOTAL CASH OUT OF POCKET
INVESTMENT
$151,235
LOAN DETAILS
$2,026
MONTHLY LOAN PAYMENT
| Term | 30 Years |
| Interest | 4.25% |
| Down Payment | $137,250 |
| Loan Amount | $411,750 |
1.83
YEARS SAVED
$8,101
INTEREST SAVED
CASH FLOW REINVESTMENT
The time & interest saved by applying each month's positive cash flow towards loan principal pay down.
-
$2,710
LIST RENT -
$1.13
LIST RENT PER SQFT
-
$2,347
COMP ESTIMATED VALUE -
$0.97
COMP AVG. RENT PER SQFT
Comps Range
-
31767 Sweetwater Circle Temecula, 5
- 4 beds 4 baths ∙ 2,407 Sqft ∙ Built 2013 4 beds 4 baths ∙ 2,407 Sqft ∙ Built 2013
- Rent
- Rent Per SQFT
- $2,710
- $1.13
-
38939 Autumn Woods Road Murrieta, 1
- 4 beds 3 baths ∙ 2,330 Sqft ∙ Built 2002 4 beds 3 baths ∙ 2,330 Sqft ∙ Built 2002
LEASED 06/03/20- Rent
- Rent Per SQFT
- $2,250
- $0.97
-
31531 Whitedove Lane Murrieta, 2
- 4 beds 3 baths ∙ 2,579 Sqft ∙ Built 2003 4 beds 3 baths ∙ 2,579 Sqft ∙ Built 2003
LEASED 03/09/20- Rent
- Rent Per SQFT
- $2,395
- $0.93
-
39157 Hidden Creek Lane Temecula, 3
- 4 beds 3 baths ∙ 2,389 Sqft ∙ Built 2015 4 beds 3 baths ∙ 2,389 Sqft ∙ Built 2015
LEASED 06/23/20- Rent
- Rent Per SQFT
- $2,450
- $1.03
-
38443 Magdelena Street Murrieta, 4
- 4 beds 3 baths ∙ 2,579 Sqft ∙ Built 2005 4 beds 3 baths ∙ 2,579 Sqft ∙ Built 2005
LEASED 03/31/20- Rent
- Rent Per SQFT
- $2,500
- $0.97
PROPERTY LISTING DETAILS
Valley Homes And Estates
1.866.250.5610
HomeUnion.com
Lic. BRE# 01526904
MLS #: IV20172775
Last Updated: 08/24/2020
