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4114 Compton Court Chino, CA 91710

5 Beds 4 Baths 3,000 sqft Built 1980

$850,000

List Price

$2,750

$2.5K - $3K

Rent Est.

PROPERTY INFO

SINGLE-FAMILY
FACTS
  • Single Family
  • Built In 1980
  • Price/Sqft : $283.33
  • 16 Days on Market
  • MLS # : IG21053328
  • Updated Date : 03/27/2021 at 16:08
CONSTRUCTION
  • Beds : 5
  • Floor Size : 3,000 sqft
  • Baths : 4 full
Listing Agent

First Team Real Estate

Listing Agent's Description

At the end of a cul-de-sac in a beautiful neighborhood in Chino, there is this lovely two-story four-bedroom house with an additional mother-in-law or guest quarters or workshop built off the garage with its own bathroom, bedroom and living room. It could easily have kitchen added in for a rental. This beautiful house has four bedrooms upstairs and two bathrooms and additional bathroom downstairs. it also has a step down living room and large lovely formal dining room, and the family room is spacious with large kitchen table area that opens off with glass doors to the backyard. there is a private alley that leads up to gated RV access parking that there is room for privately storing boats, RVs and work trucks at the same time. The pool is enormous but needs some work. There also is a nice patio cover in the back. This home with some TLC will be the outmost entertainment home. You have got to see this one now!! Professional pictures coming soon if it last. Sold "as is." Open for viewing Sunday with appointments.

SEE MORE

MARKET HIGHLIGHTS

  • 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.
  • 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)

PRICE & RENT TRENDS

Neighborhood: Chino

NeighborhoodNIR Market*CityMarket2010Year20002019150k200k250k300k350k400k450k500k550kPrice in $143k560k

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

Neighborhood: Chino

NeighborhoodNIR Market*CityMarket2010Year2000 Q22019 Q21100120013001400150016001700180019002000210022002300Rent in $10822394

* 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
Ramona Junior High School Middle Regular 579 28 3
Don Antonio Lugo High School High Regular 1,745 81 5

Ramona Junior High School

  • Education Level: Middle
  • # of students: 579
  • # of teachers: 28
3
GreatSchools Rating

Don Antonio Lugo High School

  • Education Level: High
  • # of students: 1,745
  • # of teachers: 81
5
GreatSchools Rating
 

$765,000$935,000$850,000

PURCHASE PRICE

$2,475$3,025$2,750

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $2,750
EXPENSES Loan Payment -$2,952
Property Tax -$779
Property Insurance -$100
Property Management Fees -$162
CASH FLOW
-$1,243

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.

$850,000

PROJECTED PRICE

$2,750

PROJECTED RENT

0.32%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 3.96%
Appreciation Year (1-5) 6.7%
Maintenance Year (1-5) 8.00%
Vacancy 5.43%
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

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$231,000

INVESTMENT

$231,000

Down Payment
$212,500
Rehab Estimate
$5,750
Closing Costs
$12,750

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

A 70% down payment or higher enables the proceeds from the asset to cover all costs.

$2,952

MONTHLY LOAN PAYMENT

30 yr
Term
3.75%
Interest
25.00%
Down Payment
Term 30 Years
Interest 3.75%
Down Payment $212,500
Loan Amount $637,500
See What Happens When You Reinvest Cash Flow

0.17

YEARS SAVED

$81

INTEREST SAVED

CASH FLOW REINVESTMENT

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

  • $2,750

    LIST RENT
  • $0.92

    LIST RENT PER SQFT
  • $2,990

    COMP ESTIMATED VALUE
  • $1

    COMP AVG. RENT PER SQFT
Comps Range
$2,750
1$2,7502$2,8003$3,0004$3,200
$3,200
RENT COMPS ANALYSIS
  • 4114 Compton Court Chino, CA 1
    • 5 beds 4 baths ∙ 3,000 Sqft ∙ Built 1980 5 beds 4 baths ∙ 3,000 Sqft ∙ Built 1980
    • Rent
    • Rent Per SQFT
    •  
    • $2,750
    • $0.92
    •  
  • 5074 Buchanan Street Chino, CA 2
    • 4 beds 3 baths ∙ 3,064 Sqft ∙ Built 1963 4 beds 3 baths ∙ 3,064 Sqft ∙ Built 1963
    LEASED 11/02/19
    • Rent
    • Rent Per SQFT
    •  
    • $2,800
    • $0.91
    •  
  • 4251 Lombardy Street Chino, CA 3
    • 6 beds 3 baths ∙ 3,106 Sqft ∙ Built 1999 6 beds 3 baths ∙ 3,106 Sqft ∙ Built 1999
    LEASED 04/25/20
    • Rent
    • Rent Per SQFT
    •  
    • $3,000
    • $0.97
    •  
  • 4507 Carmen Street Chino, CA 4
    • 5 beds 3 baths ∙ 2,872 Sqft ∙ Built 1999 5 beds 3 baths ∙ 2,872 Sqft ∙ Built 1999
    LEASED 12/06/19
    • Rent
    • Rent Per SQFT
    •  
    • $3,200
    • $1.11
    •  
PROPERTY LISTING DETAILS
Trudy Angeloni
First Team Real Estate
Darryl John Willis
1.866.250.5610
HomeUnion.com
Lic. BRE# 01526904
California Regional Multiple Listing Service ( CRMLS)
MLS #: IG21053328
Last Updated: 03/27/2021
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