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4935 Lotus Avenue Yorba Linda, CA 92887

3 Beds 3 Baths 2,264 sqft Built 1986

$935,000

List Price

$3,410

$3.2K - $3.7K

Rent Est.

PROPERTY INFO

SINGLE-FAMILY
February 26, 2021 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 1986
  • Price/Sqft : $412.99
  • 4 Days on Market
  • MLS # : PW21039940
  • Updated Date : 02/25/2021 at 20:32
CONSTRUCTION
  • Beds : 3
  • Floor Size : 2,264 sqft
  • Baths : 2 full , 1 half
Listing Agent

T.n.g. Real Estate Consultants

Listing Agent's Description

Beautiful home in the hills of Yorba Linda and situated on a quiet street near Box Canyon Park. This upgraded 3 bedroom 2.5 bathroom home has many upgrades that most potential home owners are looking for.

SEE MORE

MARKET HIGHLIGHTS

  • Southern California area contributes to 55.3% of California state economy i.e. Gross State Product (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]
  • 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)
  • 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)
  • 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, Orange County market inherits all the benefits from the area.

PRICE & RENT TRENDS

Neighborhood: Bryant Ranch

NeighborhoodNIR Market*CityMarket2010Year20002019300k400k500k600k700k800k900k1000k1100kPrice in $272k1148k

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

Neighborhood: Bryant Ranch

NeighborhoodNIR Market*CityMarket2010Year2000 Q22019 Q220002200240026002800300032003400360038004000Rent in $19814161

* 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
Bryant Ranch Elementary School Primary Regular 568 19 9
Yorba Linda High School High Regular 1,768 64 10

Bryant Ranch Elementary School

  • Education Level: Primary
  • # of students: 568
  • # of teachers: 19
9
GreatSchools Rating

Yorba Linda High School

  • Education Level: High
  • # of students: 1,768
  • # of teachers: 64
10
GreatSchools Rating
 

$841,500$1,028,500$935,000

PURCHASE PRICE

$3,069$3,751$3,410

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $3,410
EXPENSES Loan Payment -$3,248
Property Tax -$972
Property Insurance -$74
Property Management Fees -$167
CASH FLOW
-$1,051

This is the estimated cash flow generated during a typical maintenance-free month. It is recommended that investors set aside 14% of earned rent to cover both maintenance and periods of vacancy.

$935,000

PROJECTED PRICE

$3,410

PROJECTED RENT

0.36%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 4.08%
Appreciation Year (1-5) 3.6%
Maintenance Year (1-5) 8.00%
Vacancy 5.81%
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$10k$15k

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$253,525

INVESTMENT

$253,525

Down Payment
$233,750
Rehab Estimate
$5,750
Closing Costs
$14,025

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

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

$3,248

MONTHLY LOAN PAYMENT

30 yr
Term
3.75%
Interest
25.00%
Down Payment
Term 30 Years
Interest 3.75%
Down Payment $233,750
Loan Amount $701,250
See What Happens When You Reinvest Cash Flow

0.5

YEARS SAVED

$1,524

INTEREST SAVED

CASH FLOW REINVESTMENT

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

  • $3,410

    LIST RENT
  • $1.74

    LIST RENT PER SQFT
  • $3,627

    COMP ESTIMATED VALUE
  • $1.85

    COMP AVG. RENT PER SQFT
Comps Range
$3,300
1$3,3002$3,3953$3,4104$3,5005$3,900
$3,900
RENT COMPS ANALYSIS
  • 4935 Lotus Avenue Yorba Linda, CA 3
    • 3 beds 3 baths ∙ 1,958 Sqft ∙ Built 1986 3 beds 3 baths ∙ 1,958 Sqft ∙ Built 1986
    • Rent
    • Rent Per SQFT
    •  
    • $3,410
    • $1.74
    •  
  • 24325 Via Lenardo Yorba Linda, CA 1
    • 3 beds 2 baths ∙ 1,708 Sqft ∙ Built 1987 3 beds 2 baths ∙ 1,708 Sqft ∙ Built 1987
    LEASED 05/31/20
    • Rent
    • Rent Per SQFT
    •  
    • $3,300
    • $1.93
    •  
  • 246 S Larkwood Street Anaheim Hills, CA 2
    • 3 beds 3 baths ∙ 1,765 Sqft ∙ Built 1984 3 beds 3 baths ∙ 1,765 Sqft ∙ Built 1984
    LEASED 07/22/20
    • Rent
    • Rent Per SQFT
    •  
    • $3,395
    • $1.92
    •  
  • 5700 Picasso Drive Yorba Linda, CA 4
    • 3 beds 2 baths ∙ 1,924 Sqft ∙ Built 1990 3 beds 2 baths ∙ 1,924 Sqft ∙ Built 1990
    LEASED 12/16/20
    • Rent
    • Rent Per SQFT
    •  
    • $3,500
    • $1.82
    •  
  • 21740 Allonby Circle Yorba Linda, CA 5
    • 4 beds 3 baths ∙ 2,235 Sqft ∙ Built 1987 4 beds 3 baths ∙ 2,235 Sqft ∙ Built 1987
    LEASED 04/24/20
    • Rent
    • Rent Per SQFT
    •  
    • $3,900
    • $1.74
    •  
PROPERTY LISTING DETAILS
Alexia Rusinek
T.n.g. Real Estate Consultants
Darryl John Willis
1.866.250.5610
HomeUnion.com
Lic. BRE# 01526904
California Regional Multiple Listing Service ( CRMLS)
MLS #: PW21039940
Last Updated: 02/25/2021
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