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41582 Willow Run Road Temecula, CA 92591

4 Beds 3 Baths 2,561 sqft Built 1989

$545,000

List Price

$2,360

$2.1K - $2.6K

Rent Est.

PROPERTY INFO

November 12, 2020 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 1989
  • Price/Sqft : $212.81
  • 4 Days on Market
  • MLS # : SW20231179
  • Updated Date : 11/14/2020 at 08:57
CONSTRUCTION
  • Beds : 4
  • Floor Size : 2,561 sqft
  • Baths : 2 full , 1 half
Listing Agent

Allison James Estates & Homes

Listing Agent's Description

Beautiful updated 4 bed and 2 1/2 bath move in ready home. This fantastic property has Low taxes-and an HOA. The interior has beautiful dark hard wood floor, neutral paint colors and a stunning fireplace. The new glass doors open to the back yard which is perfect for entertaining, with an outdoor kitchen, koi pond, professionally designed landscape, no neighbors behind, and high vinyl fence. The kitchen offers granite countertops and a cozy breakfast nook. This wonderful layout offers a second living room with another fireplace. It can be transformed into a downstairs bedroom with a private entrance. The gorgeous stairs lead you to all the bedrooms upstairs. This floor plan has a retreat attached to the master bedroom which has a large window to enjoy those wonderful Temecula sunsets with total privacy. The spacious front bedroom is where the third fireplace is located. One of the other two bedrooms is connected to the second full bathroom. There is a 3-car garage with a wall separating one of the spaces making a perfect area for storage or a man cave. This property has updated windows, doors, AC unit, furnace, floors, and much more. This home is in a great school district, close to parks, trails, stores, MJS college, the Temecula mall, and wineries.

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: Margarita Village - Temeku Hills

NeighborhoodNIR Market*CityMarket2010Year20002019150k200k250k300k350k400k450k500k550k600kPrice in $149k614k

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

Neighborhood: Margarita Village - Temeku Hills

NeighborhoodNIR Market*CityMarket2010Year2000 Q22019 Q211001200130014001500160017001800190020002100220023002400Rent in $10822496

* 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
Rancho Elementary School Primary Regular 531 20 8
Margarita Middle School Middle Regular 862 33 7
Temecula Valley High School High Regular 2,722 103 9

Rancho Elementary School

  • Education Level: Primary
  • # of students: 531
  • # of teachers: 20
8
GreatSchools Rating

Margarita Middle School

  • Education Level: Middle
  • # of students: 862
  • # of teachers: 33
7
GreatSchools Rating

Temecula Valley High School

  • Education Level: High
  • # of students: 2,722
  • # of teachers: 103
9
GreatSchools Rating
 

$490,500$599,500$545,000

PURCHASE PRICE

$2,124$2,596$2,360

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $2,360
EXPENSES Loan Payment -$2,011
Property Tax -$572
Property Insurance -$89
HOA -$42
Property Management Fees -$139
CASH FLOW
-$493

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.

$545,000

PROJECTED PRICE

$2,360

PROJECTED RENT

0.43%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 3.95%
Appreciation Year (1-5) 6.5%
Maintenance Year (1-5) 8.00%
Vacancy 5.35%
Length of Stay Years 2

PROJECTED ACCUMULATED WEALTH

30 YEAR PROJECTION

  • Cash Flow
  • Appreciation
  • Principal
11530$0.0$200k$400k$600k$800k$1.0M$1.2M$1.4M$1.6M

PROJECTED ANNUAL CASH FLOW

11530-$10k-$5.0k$0.0$5.0k$10k

PROJECTED PROPERTY VALUE

30 YEAR PROJECTION

  • Appreciation
  • Principal
  • Loan Balance
11530$0.0$200k$400k$600k$800k$1.0M$1.2M$1.4M$1.6M

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$150,175

INVESTMENT

$150,175

Down Payment
$136,250
Rehab Estimate
$5,750
Closing Costs
$8,175

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

A 60% down payment or higher enables the proceeds from the asset to cover all costs.

$2,011

MONTHLY LOAN PAYMENT

30 yr
Term
4.25%
Interest
25.00%
Down Payment
Term 30 Years
Interest 4.25%
Down Payment $136,250
Loan Amount $408,750
See What Happens When You Reinvest Cash Flow

1.42

YEARS SAVED

$5,132

INTEREST SAVED

CASH FLOW REINVESTMENT

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

  • $2,360

    LIST RENT
  • $0.92

    LIST RENT PER SQFT
  • $2,555

    COMP ESTIMATED VALUE
  • $1

    COMP AVG. RENT PER SQFT
Comps Range
$2,360
1$2,3602$2,5003$2,6004$2,6005$2,600
$2,600
RENT COMPS ANALYSIS
  • 41582 Willow Run Road Temecula, CA 1
    • 4 beds 3 baths ∙ 2,561 Sqft ∙ Built 1989 4 beds 3 baths ∙ 2,561 Sqft ∙ Built 1989
    • Rent
    • Rent Per SQFT
    •  
    • $2,360
    • $0.92
    •  
  • 31561 Sandhill Lane Temecula, CA 2
    • 4 beds 3 baths ∙ 2,661 Sqft ∙ Built 2001 4 beds 3 baths ∙ 2,661 Sqft ∙ Built 2001
    LEASED 02/01/20
    • Rent
    • Rent Per SQFT
    •  
    • $2,500
    • $0.94
    •  
  • 41548 Yankee Run Court Temecula, CA 3
    • 4 beds 3 baths ∙ 2,561 Sqft ∙ Built 1989 4 beds 3 baths ∙ 2,561 Sqft ∙ Built 1989
    LEASED 07/14/20
    • Rent
    • Rent Per SQFT
    •  
    • $2,600
    • $1.02
    •  
  • 30958 Mashie Way Temecula, CA 4
    • 4 beds 3 baths ∙ 2,658 Sqft ∙ Built 1998 4 beds 3 baths ∙ 2,658 Sqft ∙ Built 1998
    LEASED 08/03/20
    • Rent
    • Rent Per SQFT
    •  
    • $2,600
    • $0.98
    •  
  • 42058 Southern Hills Drive Temecula, CA 5
    • 3 beds 3 baths ∙ 2,470 Sqft ∙ Built 1999 3 beds 3 baths ∙ 2,470 Sqft ∙ Built 1999
    LEASED 08/10/20
    • Rent
    • Rent Per SQFT
    •  
    • $2,600
    • $1.05
    •  
PROPERTY LISTING DETAILS
Gabriela Cirby
Allison James Estates & Homes
Darryl John Willis
1.866.250.5610
HomeUnion.com
Lic. BRE# 01526904
California Regional Multiple Listing Service ( CRMLS)
MLS #: SW20231179
Last Updated: 11/14/2020
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