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5265 Vista Real Cypress, CA 90630

5 Beds 1 Baths 2,940 sqft Built 1968

$933,000

List Price

$3,790

$3.5K - $4K

Rent Est.

PROPERTY INFO

December 04, 2020 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 1968
  • Price/Sqft : $317.35
  • 3 Days on Market
  • MLS # : PW20251212
  • Updated Date : 12/04/2020 at 10:32
CONSTRUCTION
  • Beds : 5
  • Floor Size : 2,940 sqft
  • Baths : 1 full
Listing Agent

First Team Real Estate

Listing Agent's Description

Cypress beauty! Great curb appeal featuring bay windows, fountain, and brick & rock accents. The leaded glass entry door opens to an excellent redesigned floorplan with 5 bedrooms, 3 bathrooms, & approx 2,940 sf of living space. There are two master suites, 1 on the main level (currently used as a bonus room), and 1 upstairs. The main level offers a spacious living room with vaulted ceilings, fireplace, skylight, dining room, separate family room, 3 additional bedrooms, & 2 beautifully upgraded bathrooms. The kitchen is convenient to the dining room & family room and is equipped with stainless appliances including a Viking gas range & microwave. You will appreciate the convenient inside laundry room. Features include central air & heat, recessed lighting, crown molding, ceiling fans, LED lighting, high-efficiency filtration system & furnace, & pre-paid solar! The bank of windows in the family room offers a beautiful view of the private backyard which has a covered patio, fountain, built-in BBQ, and above ground spa. The huge upstairs master suite boasts a fireplace and a large walk-in closet with organizers. The master bath features dual sinks with a vanity, a large spa tub & a separate shower. There is direct access to the 2 car garage. Great location just a short walk to Oxford Academy and the civic center with library & tennis courts.

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: Cypress

NeighborhoodNIR Market*CityMarket2010Year20002019250k300k350k400k450k500k550k600k650k700kPrice in $243k742k

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

Neighborhood: Cypress

NeighborhoodNIR Market*CityMarket2010Year2000 Q22019 Q22000220024002600280030003200Rent in $18413345

* 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
Clara J. King Elementary School Primary Regular 585 21 6
Lexington Junior High School Middle Regular 1,275 44 8
Cypress High School High Regular 2,737 92 9

Clara J. King Elementary School

  • Education Level: Primary
  • # of students: 585
  • # of teachers: 21
6
GreatSchools Rating

Lexington Junior High School

  • Education Level: Middle
  • # of students: 1,275
  • # of teachers: 44
8
GreatSchools Rating

Cypress High School

  • Education Level: High
  • # of students: 2,737
  • # of teachers: 92
9
GreatSchools Rating
 

$839,700$1,026,300$933,000

PURCHASE PRICE

$3,411$4,169$3,790

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $3,790
EXPENSES Loan Payment -$3,442
Property Tax -$942
Property Insurance -$98
Property Management Fees -$186
CASH FLOW
-$878

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.

$933,000

PROJECTED PRICE

$3,790

PROJECTED RENT

0.41%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 4.24%
Appreciation Year (1-5) 6.3%
Maintenance Year (1-5) 8.00%
Vacancy 5.38%
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-$15k-$10k-$5.0k$0.0$5.0k$10k$15k$20k$25k

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$252,995

INVESTMENT

$252,995

Down Payment
$233,250
Rehab Estimate
$5,750
Closing Costs
$13,995

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

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

$3,442

MONTHLY LOAN PAYMENT

30 yr
Term
4.25%
Interest
25.00%
Down Payment
Term 30 Years
Interest 4.25%
Down Payment $233,250
Loan Amount $699,750
See What Happens When You Reinvest Cash Flow

1.58

YEARS SAVED

$10,209

INTEREST SAVED

CASH FLOW REINVESTMENT

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

  • $3,790

    LIST RENT
  • $1.29

    LIST RENT PER SQFT
  • $3,822

    COMP ESTIMATED VALUE
  • $1.3

    COMP AVG. RENT PER SQFT
Comps Range
$3,450
1$3,4502$3,5003$3,790
$3,790
RENT COMPS ANALYSIS
  • 5265 Vista Real Cypress, CA 3
    • 5 beds 1 baths ∙ 2,940 Sqft ∙ Built 1968 5 beds 1 baths ∙ 2,940 Sqft ∙ Built 1968
    • Rent
    • Rent Per SQFT
    •  
    • $3,790
    • $1.29
    •  
  • 4162 Dover Circle Cypress, CA 1
    • 4 beds 3 baths ∙ 2,727 Sqft ∙ Built 1966 4 beds 3 baths ∙ 2,727 Sqft ∙ Built 1966
    LEASED 09/06/20
    • Rent
    • Rent Per SQFT
    •  
    • $3,450
    • $1.27
    •  
  • 9365 Cambridge Street Cypress, CA 2
    • 4 beds 3 baths ∙ 2,630 Sqft ∙ Built 1967 4 beds 3 baths ∙ 2,630 Sqft ∙ Built 1967
    LEASED 10/31/19
    • Rent
    • Rent Per SQFT
    •  
    • $3,500
    • $1.33
    •  
PROPERTY LISTING DETAILS
Sheri Whitney
First Team Real Estate
Darryl John Willis
1.866.250.5610
HomeUnion.com
Lic. BRE# 01526904
California Regional Multiple Listing Service ( CRMLS)
MLS #: PW20251212
Last Updated: 12/04/2020
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