Work with a dedicated Real Estate Advisor who will take your financial preferences and help you select and acquire properties that fit your criteria. Learn more

5201 Wild Life Court Fontana, CA 92336

5 Beds 3 Baths 2,540 sqft Built 2004

INVESTimate

$559,000

List Price

$2,650

$2,400 - $2,900

Rent Est.

$590,807  ( +5.69%)   1 YR EST. FORECAST

PROPERTY INFO

FACTS
  • Built In 2004
  • Price/Sqft : $220.08
  • 9 Days on Market
  • MLS # : EV20169190
  • Updated Date : 08/19/2020 at 11:10
CONSTRUCTION
  • Beds : 5
  • Floor Size : 2,540 sqft
  • Baths : 3 full
Listing Agent

Re/max Champions

Listing Agent's Description

5 bedroom 3 bath North Fontana Hunters Ridge Beauty has a huge pool size lot and sits and the end of a small cul de sac street. This home has a super prime location, located in the highly desirable Etiwanda School District and is within a short walking distance to Hunters Ridge & Coyote Canyon parks as well as the award winning DW Long Elementary and Pre School sites. Also has great access to network of freeways at the 210 and 15 interchange to make it easy to commute anywhere you need to go. The house has a kitchen that is open to the dining and family room areas, great for entertaining, with a separate dining room and living room that has a 20 foot high ceiling and fireplace at the front of the house. One full bed and bathroom on the first floor is great for guests or extended family and you still have 4 bedrooms on the second floor with a large, spacious master bedroom suite with it's own bathroom and walk in closet. As mentioned the backyard is enormous with tons of possibilities to add to the expansive concrete patio that is already there. Don't mis your chance to see and own this amazing home.

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: Hunter's Ridge

NeighborhoodNIR Market*CityMarket2010Year20002019150k200k250k300k350k400k450k500k550k600kPrice in $148k606k

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

Neighborhood: Hunter's Ridge

NeighborhoodNIR Market*CityMarket2010Year2000 Q22019 Q2110012001300140015001600170018001900200021002200230024002500Rent in $10822523

* 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
David W. Long Elementary School Primary Regular 826 33 8
Summit Intermediate School Middle Regular 1,108 49 7
Etiwanda High School High Regular 3,458 126 8

David W. Long Elementary School

  • Education Level: Primary
  • # of students: 826
  • # of teachers: 33
8
GreatSchools Rating

Summit Intermediate School

  • Education Level: Middle
  • # of students: 1,108
  • # of teachers: 49
7
GreatSchools Rating

Etiwanda High School

  • Education Level: High
  • # of students: 3,458
  • # of teachers: 126
8
GreatSchools Rating
 

$503,100$614,900$559,000

PURCHASE PRICE

$2,385$2,915$2,650

RENT

DOWN PAYMENT
FINANCING

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-$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

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $2,650
EXPENSES Loan Payment -$2,062
Property Tax -$613
Property Insurance -$89
Property Management Fees -$156
CASH FLOW
-$270

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.

$559,000

PROJECTED PRICE

$2,650

PROJECTED RENT

0.47%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 3.95%
Appreciation Year (1-5) 5.69%
Maintenance Year (1-5) 8.00%
Vacancy 5.35%
Length of Stay Years 2

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$153,885

INVESTMENT

$153,885

Down Payment
$139,750
Rehab Estimate
$5,750
Closing Costs
$8,385

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

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

$2,062

MONTHLY LOAN PAYMENT

30 yr
Term
4.25%
Interest
25.00%
Down Payment
Term 30 Years
Interest 4.25%
Down Payment $139,750
Loan Amount $419,250
See What Happens When You Reinvest Cash Flow

3.33

YEARS SAVED

$18,648

INTEREST SAVED

CASH FLOW REINVESTMENT

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

  • $2,650

    LIST RENT
  • $1.04

    LIST RENT PER SQFT
  • $2,750

    COMP ESTIMATED VALUE
  • $1.08

    COMP AVG. RENT PER SQFT
Comps Range
$2,600
1$2,6002$2,6503$2,7454$2,8005$2,860
$2,860
RENT COMPS ANALYSIS
  • 5201 Wild Life Court Fontana, 2
    • 5 beds 3 baths ∙ 2,540 Sqft ∙ Built 2004 5 beds 3 baths ∙ 2,540 Sqft ∙ Built 2004
    property image
    • Rent
    • Rent Per SQFT
    •  
    • $2,650
    • $1.04
    •  
  • 5333 Caribou Lane Fontana, 1
    • 4 beds 3 baths ∙ 2,540 Sqft ∙ Built 2003 4 beds 3 baths ∙ 2,540 Sqft ∙ Built 2003
    property image
    LEASED 09/10/19
    • Rent
    • Rent Per SQFT
    •  
    • $2,600
    • $1.02
    •  
  • 5443 Crestline Place Rancho Cucamonga, 3
    • 4 beds 3 baths ∙ 2,601 Sqft ∙ Built 1998 4 beds 3 baths ∙ 2,601 Sqft ∙ Built 1998
    property image
    LEASED 04/01/20
    • Rent
    • Rent Per SQFT
    •  
    • $2,745
    • $1.06
    •  
  • 14642 Decoy Lane Fontana, 4
    • 4 beds 3 baths ∙ 2,540 Sqft ∙ Built 2003 4 beds 3 baths ∙ 2,540 Sqft ∙ Built 2003
    property image
    LEASED 12/01/19
    • Rent
    • Rent Per SQFT
    •  
    • $2,800
    • $1.10
    •  
  • 14078 Arcadia Way Rancho Cucamonga, 5
    • 4 beds 3 baths ∙ 2,493 Sqft ∙ Built 1993 4 beds 3 baths ∙ 2,493 Sqft ∙ Built 1993
    property image
    LEASED 12/09/19
    • Rent
    • Rent Per SQFT
    •  
    • $2,860
    • $1.15
    •  
PROPERTY LISTING DETAILS
Carlos Gutierrez
Re/max Champions
Darryl John Willis
1.866.250.5610
HomeUnion.com
Lic. BRE# 01526904
California Regional Multiple Listing Service ( CRMLS)
MLS #: EV20169190
Last Updated: 08/19/2020
BESbswy