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5210 Cadiz Court Jurupa Valley, CA 92509

4 Beds 3 Baths 1,785 sqft Built 1980

$495,000

List Price

$2,270

$2K - $2.5K

Rent Est.

PROPERTY INFO

SINGLE-FAMILY
March 17, 2021 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 1980
  • Price/Sqft : $277.31
  • 6 Days on Market
  • MLS # : IG21055619
  • Updated Date : 03/18/2021 at 10:42
CONSTRUCTION
  • Beds : 4
  • Floor Size : 1,785 sqft
  • Baths : 2 full , 1 half
Listing Agent

Century 21 Now Realty

Listing Agent's Description

NICE SIZE CORNER LOT SITUATED ON A CULDESAC, HOME OFFERS FORMAL ENTRY, SUNKEN LIVINGROOM & FAMILYROOM, LIVINGROOM WITH COZY FIREPLACE, NEW LAMINATE FLOORING, NEWER WINDOWS THROUGHOUT, CONVENIENT INDOOR LAUNDRYROOM, FRENCH DOOR TO REAR YARD, HOME HAS SOME GREAT CITY & MOUNTAIN VIEWS, REMODELED DOWNSTAIRS GUEST BATHROOM, UPSTAIRS GUEST BATHROOM TUB/SHOWER HAS BEEN REDONE WITH UPGRADED TILE, GREAT OPEN FLOORPLAN !

SEE MORE

MARKET HIGHLIGHTS

  • 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)
  • 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)

PRICE & RENT TRENDS

Neighborhood: Rubidoux

NeighborhoodNIR Market*CityMarket2010Year20002019150k200k250k300k350k400k450kPrice in $116k484k

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

Neighborhood: Rubidoux

NeighborhoodNIR Market*CityMarket2010Year2000 Q22019 Q2100011001200130014001500160017001800190020002100Rent in $9112101

* 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
Mission Middle School Middle Regular 868 32 2
Rubidoux High School High Regular 1,629 67 4
Mission Middle School Middle Unknown NA

Mission Middle School

  • Education Level: Middle
  • # of students: 868
  • # of teachers: 32
2
GreatSchools Rating

Rubidoux High School

  • Education Level: High
  • # of students: 1,629
  • # of teachers: 67
4
GreatSchools Rating

Mission Middle School

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

$445,500$544,500$495,000

PURCHASE PRICE

$2,043$2,497$2,270

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $2,270
EXPENSES Loan Payment -$1,719
Property Tax -$470
Property Insurance -$70
Property Management Fees -$134
CASH FLOW
-$123

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.

$495,000

PROJECTED PRICE

$2,270

PROJECTED RENT

0.46%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 3.76%
Appreciation Year (1-5) 8.5%
Maintenance Year (1-5) 8.00%
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

PROJECTED ANNUAL CASH FLOW

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

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$136,925

INVESTMENT

$136,925

Down Payment
$123,750
Rehab Estimate
$5,750
Closing Costs
$7,425

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

A 50% down payment or higher enables the proceeds from the asset to cover all costs.

$1,719

MONTHLY LOAN PAYMENT

30 yr
Term
3.75%
Interest
25.00%
Down Payment
Term 30 Years
Interest 3.75%
Down Payment $123,750
Loan Amount $371,250
See What Happens When You Reinvest Cash Flow

4.25

YEARS SAVED

$19,887

INTEREST SAVED

CASH FLOW REINVESTMENT

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

  • $2,270

    LIST RENT
  • $1.27

    LIST RENT PER SQFT
  • $2,271

    COMP ESTIMATED VALUE
  • $1.27

    COMP AVG. RENT PER SQFT
Comps Range
$1,900
1$1,9002$2,1003$2,2004$2,2005$2,270
$2,270
RENT COMPS ANALYSIS
  • 5210 Cadiz Court Jurupa Valley, CA 5
    • 4 beds 3 baths ∙ 1,785 Sqft ∙ Built 1980 4 beds 3 baths ∙ 1,785 Sqft ∙ Built 1980
    property image
    • Rent
    • Rent Per SQFT
    •  
    • $2,270
    • $1.27
    •  
  • 4030 Osage Avenue Riverside, CA 1
    • 3 beds 2 baths ∙ 1,481 Sqft ∙ Built 2000 3 beds 2 baths ∙ 1,481 Sqft ∙ Built 2000
    property image
    LEASED 10/29/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,900
    • $1.28
    •  
  • 8000 Paisano Way Riverside, CA 2
    • 3 beds 2 baths ∙ 1,709 Sqft ∙ Built 1977 3 beds 2 baths ∙ 1,709 Sqft ∙ Built 1977
    property image
    LEASED 10/01/19
    • Rent
    • Rent Per SQFT
    •  
    • $2,100
    • $1.23
    •  
  • 4136 Canyonside Circle Jurupa Valley, CA 3
    • 4 beds 3 baths ∙ 1,600 Sqft ∙ Built 1991 4 beds 3 baths ∙ 1,600 Sqft ∙ Built 1991
    property image
    LEASED 01/04/20
    • Rent
    • Rent Per SQFT
    •  
    • $2,200
    • $1.38
    •  
  • 5201 Wenatchee Way Riverside, CA 4
    • 4 beds 3 baths ∙ 1,826 Sqft ∙ Built 1993 4 beds 3 baths ∙ 1,826 Sqft ∙ Built 1993
    property image
    LEASED 03/23/20
    • Rent
    • Rent Per SQFT
    •  
    • $2,200
    • $1.20
    •  
PROPERTY LISTING DETAILS
Shellye Milazzo Wilson
Century 21 Now Realty
Darryl John Willis
1.866.250.5610
HomeUnion.com
Lic. BRE# 01526904
California Regional Multiple Listing Service ( CRMLS)
MLS #: IG21055619
Last Updated: 03/18/2021
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