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4895 Sapphire Road Chino Hills, CA 91709

5 Beds 3 Baths 2,694 sqft Built 1992

$800,000

List Price

$3,050

$2.8K - $3.3K

Rent Est.

PROPERTY INFO

SINGLE-FAMILY
FACTS
  • Single Family
  • Built In 1992
  • Price/Sqft : $296.96
  • 11 Days on Market
  • MLS # : PW21036099
  • Updated Date : 02/27/2021 at 12:34
CONSTRUCTION
  • Beds : 5
  • Floor Size : 2,694 sqft
  • Baths : 3 full
Listing Agent

Re/max Top Producers

Listing Agent's Description

Beautiful home in the center of Chino Hills. It features a spacious living area with high ceilings. Fabulous views, lots of privacy with a pool and trees. Desirable downstairs bedroom and bath. Master bedroom has a large walk-in closet. Great location near Soquel Canyon Pkwy and Butterfield Ranch. Award winning schools. Don't miss out on this house. A must see !

SEE MORE

MARKET HIGHLIGHTS

  • 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)
  • 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)

PRICE & RENT TRENDS

Neighborhood: Chino Hills

NeighborhoodNIR Market*CityMarket2010Year20002019150k200k250k300k350k400k450k500k550k600k650k700kPrice in $149k727k

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

Neighborhood: Chino Hills

NeighborhoodNIR Market*CityMarket2010Year2000 Q22019 Q212001400160018002000220024002600Rent in $10822735

* 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
Robert O. Townsend Junior High School Middle Regular 1,082 39 8
Chino Hills High School High Regular 3,012 111 8
Chino Hills High School High Unknown NA

Robert O. Townsend Junior High School

  • Education Level: Middle
  • # of students: 1,082
  • # of teachers: 39
8
GreatSchools Rating

Chino Hills High School

  • Education Level: High
  • # of students: 3,012
  • # of teachers: 111
8
GreatSchools Rating

Chino Hills High School

  • Education Level: High
  • # of students:
  • # of teachers:
NA
GreatSchools Rating
 

$720,000$880,000$800,000

PURCHASE PRICE

$2,745$3,355$3,050

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $3,050
EXPENSES Loan Payment -$2,779
Property Tax -$875
Property Insurance -$92
Property Management Fees -$180
CASH FLOW
-$876

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.

$800,000

PROJECTED PRICE

$3,050

PROJECTED RENT

0.38%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 3.95%
Appreciation Year (1-5) 5.1%
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$500k$1.0M$1.5M$2.0M

PROJECTED ANNUAL CASH FLOW

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

PROJECTED PROPERTY VALUE

30 YEAR PROJECTION

  • Appreciation
  • Principal
  • Loan Balance
11530$0.0$500k$1.0M$1.5M$2.0M

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$217,750

INVESTMENT

$217,750

Down Payment
$200,000
Rehab Estimate
$5,750
Closing Costs
$12,000

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

A 65% down payment or higher enables the proceeds from the asset to cover all costs.

$2,779

MONTHLY LOAN PAYMENT

30 yr
Term
3.75%
Interest
25.00%
Down Payment
Term 30 Years
Interest 3.75%
Down Payment $200,000
Loan Amount $600,000
See What Happens When You Reinvest Cash Flow

0.5

YEARS SAVED

$1,481

INTEREST SAVED

CASH FLOW REINVESTMENT

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

  • $3,050

    LIST RENT
  • $1.13

    LIST RENT PER SQFT
  • $3,394

    COMP ESTIMATED VALUE
  • $1.26

    COMP AVG. RENT PER SQFT
Comps Range
$3,000
1$3,0002$3,0503$3,3804$3,6005$3,700
$3,700
RENT COMPS ANALYSIS
  • 4895 Sapphire Road Chino Hills, CA 2
    • 4 beds 3 baths ∙ 2,694 Sqft ∙ Built 1992 4 beds 3 baths ∙ 2,694 Sqft ∙ Built 1992
    • Rent
    • Rent Per SQFT
    •  
    • $3,050
    • $1.13
    •  
  • 16484 Quail Ridge Way Chino Hills, CA 1
    • 4 beds 3 baths ∙ 2,515 Sqft ∙ Built 2003 4 beds 3 baths ∙ 2,515 Sqft ∙ Built 2003
    LEASED 03/18/20
    • Rent
    • Rent Per SQFT
    •  
    • $3,000
    • $1.19
    •  
  • 5184 Fox Hall Road Chino Hills, CA 3
    • 5 beds 3 baths ∙ 2,764 Sqft ∙ Built 2003 5 beds 3 baths ∙ 2,764 Sqft ∙ Built 2003
    LEASED 08/27/20
    • Rent
    • Rent Per SQFT
    •  
    • $3,380
    • $1.22
    •  
  • 5040 Jade Terrace Chino Hills, CA 4
    • 5 beds 3 baths ∙ 2,773 Sqft ∙ Built 2000 5 beds 3 baths ∙ 2,773 Sqft ∙ Built 2000
    LEASED 12/05/20
    • Rent
    • Rent Per SQFT
    •  
    • $3,600
    • $1.30
    •  
  • 16241 Phidias Ln Chino Hills, CA 5
    • 4 beds 3 baths ∙ 2,774 Sqft ∙ Built 2000 4 beds 3 baths ∙ 2,774 Sqft ∙ Built 2000
    LEASED 12/22/20
    • Rent
    • Rent Per SQFT
    •  
    • $3,700
    • $1.33
    •  
PROPERTY LISTING DETAILS
Yandan Happle
Re/max Top Producers
Darryl John Willis
1.866.250.5610
HomeUnion.com
Lic. BRE# 01526904
California Regional Multiple Listing Service ( CRMLS)
MLS #: PW21036099
Last Updated: 02/27/2021
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