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4783 Vanderham Way Eastvale, CA 91752

4 Beds 3 Baths 1,985 sqft Built 2019

$565,900

List Price

$2,420

$2.2K - $2.7K

Rent Est.

PROPERTY INFO

Built 2019 NEW CONSTRUCTION
December 05, 2020 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 2019
  • Price/Sqft : $285.09
  • 3 Days on Market
  • MLS # : NP20248079
  • Updated Date : 12/04/2020 at 21:57
CONSTRUCTION
  • Beds : 4
  • Floor Size : 1,985 sqft
  • Baths : 3 full
Listing Agent

Four Sail Realty

Listing Agent's Description

Gorgeous less then a year old Eastvale home. Two stories with four bedrooms and three full baths. One bedroom down stairs with full bathroom right outside the door. Perfect for an in-law bedroom. Upstairs there is a large master suite with soaking tub and separate shower, and a huge walk-in closet. Two more bedrooms, another full bathroom, a sitting area, and separate laundry room complete the upstairs living area. The downstairs living room, dining room and kitchen area are all open to each other with amazing natural light. The kitchen is a chefs dream with plenty of storage space and a large pantry. Brand new flooring completes the downstairs living area. The exterior is low maintenance with concrete in the back yard. The front yard is irrigated and barked. Just Waiting for your personal touch. There is solar on the roof to help keep those utility bills down.

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: Jurupa Valley

NeighborhoodNIR Market*CityMarket2010Year20002019150k200k250k300k350k400k450k500k550k600k650k700kPrice in $116k728k

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

Neighborhood: Jurupa Valley

NeighborhoodNIR Market*CityMarket2010Year2000 Q22019 Q2100012001400160018002000220024002600Rent in $9112730

* 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
Sky Country Elementary School Primary Regular 658 24 4
Sky Country Elementary School Middle Regular 658 24 4
Jurupa Valley High School High Regular 1,608 65 4

Sky Country Elementary School

  • Education Level: Primary
  • # of students: 658
  • # of teachers: 24
4
GreatSchools Rating

Sky Country Elementary School

  • Education Level: Middle
  • # of students: 658
  • # of teachers: 24
4
GreatSchools Rating

Jurupa Valley High School

  • Education Level: High
  • # of students: 1,608
  • # of teachers: 65
4
GreatSchools Rating
 

$509,310$622,490$565,900

PURCHASE PRICE

$2,178$2,662$2,420

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $2,420
EXPENSES Loan Payment -$2,088
Property Tax -$535
Property Insurance -$75
HOA -$107
Property Management Fees -$143
CASH FLOW
-$528

This is the estimated cash flow generated during a typical maintenance-free month. It is recommended that investors set aside 8% of earned rent to cover both maintenance and periods of vacancy.

$565,900

PROJECTED PRICE

$2,420

PROJECTED RENT

0.43%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 3.76%
Appreciation Year (1-5) 7.9%
Maintenance Year (1-5) 3.00%
Vacancy 5.41%
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-$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$1.8M

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$151,964

INVESTMENT

$151,964

Down Payment
$141,475
Rehab Estimate
$2,000
Closing Costs
$8,489

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

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

$2,088

MONTHLY LOAN PAYMENT

30 yr
Term
4.25%
Interest
25.00%
Down Payment
Term 30 Years
Interest 4.25%
Down Payment $141,475
Loan Amount $424,425
See What Happens When You Reinvest Cash Flow

1.25

YEARS SAVED

$4,131

INTEREST SAVED

CASH FLOW REINVESTMENT

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

  • $2,420

    LIST RENT
  • $1.22

    LIST RENT PER SQFT
  • $2,397

    COMP ESTIMATED VALUE
  • $1.21

    COMP AVG. RENT PER SQFT
Comps Range
$2,200
1$2,2002$2,4203$2,5004$2,5005$2,500
$2,500
RENT COMPS ANALYSIS
  • 4783 Vanderham Way Eastvale, CA 2
    • 4 beds 3 baths ∙ 1,985 Sqft ∙ Built 2019 4 beds 3 baths ∙ 1,985 Sqft ∙ Built 2019
    • Rent
    • Rent Per SQFT
    •  
    • $2,420
    • $1.22
    •  
  • 3227 S Edenglen Paseo Ontario, CA 1
    • 3 beds 2 baths ∙ 1,772 Sqft ∙ Built 2013 3 beds 2 baths ∙ 1,772 Sqft ∙ Built 2013
    LEASED 06/24/19
    • Rent
    • Rent Per SQFT
    •  
    • $2,200
    • $1.24
    •  
  • 5623 Skimmer Drive Jurupa Valley, CA 3
    • 4 beds 3 baths ∙ 2,273 Sqft ∙ Built 2017 4 beds 3 baths ∙ 2,273 Sqft ∙ Built 2017
    LEASED 02/13/20
    • Rent
    • Rent Per SQFT
    •  
    • $2,500
    • $1.10
    •  
  • 11059 Wheatfield Ct Jurupa Valley, CA 4
    • 4 beds 3 baths ∙ 1,948 Sqft ∙ Built 2019 4 beds 3 baths ∙ 1,948 Sqft ∙ Built 2019
    LEASED 07/28/19
    • Rent
    • Rent Per SQFT
    •  
    • $2,500
    • $1.28
    •  
  • 11067 Longfield Lane Jurupa Valley, CA 5
    • 4 beds 3 baths ∙ 2,071 Sqft ∙ Built 2018 4 beds 3 baths ∙ 2,071 Sqft ∙ Built 2018
    LEASED 08/22/20
    • Rent
    • Rent Per SQFT
    •  
    • $2,500
    • $1.21
    •  
PROPERTY LISTING DETAILS
Eric Sanchez
Four Sail Realty
Darryl John Willis
1.866.250.5610
HomeUnion.com
Lic. BRE# 01526904
California Regional Multiple Listing Service ( CRMLS)
MLS #: NP20248079
Last Updated: 12/04/2020
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