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44770 Cupa Lane Temecula, CA 92592

4 Beds 3 Baths 2,371 sqft Built 1997

$550,000

List Price

$2,630

$2.4K - $2.9K

Rent Est.

PROPERTY INFO

December 04, 2020 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 1997
  • Price/Sqft : $231.97
  • 4 Days on Market
  • MLS # : SW20249334
  • Updated Date : 12/03/2020 at 17:08
CONSTRUCTION
  • Beds : 4
  • Floor Size : 2,371 sqft
  • Baths : 3 full
Listing Agent

Team Forss Realty Group

Listing Agent's Description

Incredible opportunity to own a Pool home in highly sought after South Temecula location. Low tax rate and NO HOA's keep this home affordable! Main floor bedroom, high ceilings, covered outdoor living space make this home special. 3 car garage. Enter to living room with dramatic, soaring 20 foot ceilings. Kitchen at the rear of the home has center island, and is open to the eating area and family room with fireplace. Hard surface flooring throughout the main floor. Second floor has 3 more bedrooms, 2 bathrooms - including spacious master suite with luxury 5 piece master bath and large walk in closet. Back yard has large covered patio, outdoor kitchen area, heated pool and spa. Located near parks, top rated South Temecula schools, shopping, wineries and easy freeway access for commuters.

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: Vail Ranch

NeighborhoodNIR Market*CityMarket2010Year20002019150k200k250k300k350k400k450k500k550k600kPrice in $149k614k

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

Neighborhood: Vail Ranch

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
Pauba Valley Elementary School Primary Regular 572 23 9
Vail Ranch Middle School Middle Regular 1,149 45 8
Great Oak High School High Regular 3,621 130 10

Pauba Valley Elementary School

  • Education Level: Primary
  • # of students: 572
  • # of teachers: 23
9
GreatSchools Rating

Vail Ranch Middle School

  • Education Level: Middle
  • # of students: 1,149
  • # of teachers: 45
8
GreatSchools Rating

Great Oak High School

  • Education Level: High
  • # of students: 3,621
  • # of teachers: 130
10
GreatSchools Rating
 

$495,000$605,000$550,000

PURCHASE PRICE

$2,367$2,893$2,630

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $2,630
EXPENSES Loan Payment -$2,029
Property Tax -$599
Property Insurance -$85
Property Management Fees -$155
CASH FLOW
-$238

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.

$550,000

PROJECTED PRICE

$2,630

PROJECTED RENT

0.48%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 3.95%
Appreciation Year (1-5) 7.0%
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$1.8M

PROJECTED ANNUAL CASH FLOW

11530-$5.0k$0.0$5.0k$10k$15k$20k

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$151,500

INVESTMENT

$151,500

Down Payment
$137,500
Rehab Estimate
$5,750
Closing Costs
$8,250

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

A 55% down payment or higher enables the proceeds from the asset to cover all costs.

$2,029

MONTHLY LOAN PAYMENT

30 yr
Term
4.25%
Interest
25.00%
Down Payment
Term 30 Years
Interest 4.25%
Down Payment $137,500
Loan Amount $412,500
See What Happens When You Reinvest Cash Flow

3.58

YEARS SAVED

$20,546

INTEREST SAVED

CASH FLOW REINVESTMENT

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

  • $2,630

    LIST RENT
  • $1.11

    LIST RENT PER SQFT
  • $2,602

    COMP ESTIMATED VALUE
  • $1.1

    COMP AVG. RENT PER SQFT
Comps Range
$2,250
1$2,2502$2,3503$2,6304$2,7805$2,795
$2,795
RENT COMPS ANALYSIS
  • 44770 Cupa Lane Temecula, CA 3
    • 4 beds 3 baths ∙ 2,371 Sqft ∙ Built 1997 4 beds 3 baths ∙ 2,371 Sqft ∙ Built 1997
    property image
    • Rent
    • Rent Per SQFT
    •  
    • $2,630
    • $1.11
    •  
  • 44675 Brookvail Court Temecula, CA 1
    • 3 beds 3 baths ∙ 2,180 Sqft ∙ Built 2001 3 beds 3 baths ∙ 2,180 Sqft ∙ Built 2001
    property image
    LEASED 06/19/20
    • Rent
    • Rent Per SQFT
    •  
    • $2,250
    • $1.03
    •  
  • 44689 Vail Oak Road Temecula, CA 2
    • 3 beds 3 baths ∙ 2,180 Sqft ∙ Built 2001 3 beds 3 baths ∙ 2,180 Sqft ∙ Built 2001
    property image
    LEASED 06/01/20
    • Rent
    • Rent Per SQFT
    •  
    • $2,350
    • $1.08
    •  
  • 44875 Machon Road Temecula, CA 4
    • 4 beds 3 baths ∙ 2,328 Sqft ∙ Built 1999 4 beds 3 baths ∙ 2,328 Sqft ∙ Built 1999
    property image
    LEASED 10/23/20
    • Rent
    • Rent Per SQFT
    •  
    • $2,780
    • $1.19
    •  
  • 33036 Regina Drive Temecula, CA 5
    • 5 beds 3 baths ∙ 2,562 Sqft ∙ Built 1998 5 beds 3 baths ∙ 2,562 Sqft ∙ Built 1998
    property image
    LEASED 12/19/19
    • Rent
    • Rent Per SQFT
    •  
    • $2,795
    • $1.09
    •  
PROPERTY LISTING DETAILS
Goran Forss
Team Forss Realty Group
Darryl John Willis
1.866.250.5610
HomeUnion.com
Lic. BRE# 01526904
California Regional Multiple Listing Service ( CRMLS)
MLS #: SW20249334
Last Updated: 12/03/2020
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