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

5280 Via Mariposa Yorba Linda, CA 92887

4 Beds 3 Baths 2,018 sqft Built 1985

$945,900

List Price

$3,530

$3.3K - $3.8K

Rent Est.

PROPERTY INFO

November 03, 2020 RECENTLY ADDED
FACTS
  • Built In 1985
  • Price/Sqft : $468.73
  • 2 Days on Market
  • MLS # : LG20231583
  • Updated Date : 11/02/2020 at 21:56
CONSTRUCTION
  • Beds : 4
  • Floor Size : 2,018 sqft
  • Baths : 3 full
Listing Agent

Active Realty Inc

Listing Agent's Description

Gorgeous 4 bedroom, 3 full bathroom, 2 story home with a sparkling pool, spa, and gazebo in the community of Yorba Linda! Enjoy a welcoming front porch entry to the open floor plan with high ceilings, a sunken living room, and sliding doors to the outdoor pool and spa. The family room features an inviting brick fireplace and is adjacent to the light, bright kitchen. Kitchen highlights include a breakfast nook, bay window, elegant countertops with a stylish backsplash, and stainless steel appliances. The primary bedroom offers a double door entry, large closet, and dual sinks in the primary bathroom. Additional property features include the 3 car garage, no HOA, and no Mello Roos. Convenient to area shops, restaurants, and easy access to major freeways!

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: Travis Ranch

NeighborhoodNIR Market*CityMarket2010Year20002019300k400k500k600k700k800k900k1000kPrice in $272k1058k

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

Neighborhood: Travis Ranch

NeighborhoodNIR Market*CityMarket2010Year2000 Q22019 Q22000220024002600280030003200340036003800Rent in $19813818

* 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
Travis Ranch Elementary-middle School Primary Regular 1,334 50 8
Travis Ranch Elementary-middle School Middle Regular 1,334 50 8
Esperanza High School High Regular 1,858 72 8

Travis Ranch Elementary-middle School

  • Education Level: Primary
  • # of students: 1,334
  • # of teachers: 50
8
GreatSchools Rating

Travis Ranch Elementary-middle School

  • Education Level: Middle
  • # of students: 1,334
  • # of teachers: 50
8
GreatSchools Rating

Esperanza High School

  • Education Level: High
  • # of students: 1,858
  • # of teachers: 72
8
GreatSchools Rating
 

$851,310$1,040,490$945,900

PURCHASE PRICE

$3,177$3,883$3,530

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $3,530
EXPENSES Loan Payment -$3,490
Property Tax -$951
Property Insurance -$76
Property Management Fees -$173
CASH FLOW
-$1,160

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.

$945,900

PROJECTED PRICE

$3,530

PROJECTED RENT

0.37%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 4.08%
Appreciation Year (1-5) 4.0%
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$256,414

INVESTMENT

$256,414

Down Payment
$236,475
Rehab Estimate
$5,750
Closing Costs
$14,189

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

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

$3,490

MONTHLY LOAN PAYMENT

30 yr
Term
4.25%
Interest
25.00%
Down Payment
Term 30 Years
Interest 4.25%
Down Payment $236,475
Loan Amount $709,425
See What Happens When You Reinvest Cash Flow

0.42

YEARS SAVED

$1,580

INTEREST SAVED

CASH FLOW REINVESTMENT

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

  • $3,530

    LIST RENT
  • $1.75

    LIST RENT PER SQFT
  • $3,658

    COMP ESTIMATED VALUE
  • $1.81

    COMP AVG. RENT PER SQFT
Comps Range
$3,400
1$3,4002$3,5003$3,5304$3,7005$3,900
$3,900
RENT COMPS ANALYSIS
  • 5280 Via Mariposa Yorba Linda, CA 3
    • 4 beds 3 baths ∙ 2,018 Sqft ∙ Built 1985 4 beds 3 baths ∙ 2,018 Sqft ∙ Built 1985
    • Rent
    • Rent Per SQFT
    •  
    • $3,530
    • $1.75
    •  
  • 21183 Via Noriega Yorba Linda, CA 1
    • 3 beds 2 baths ∙ 1,873 Sqft ∙ Built 1983 3 beds 2 baths ∙ 1,873 Sqft ∙ Built 1983
    LEASED 06/01/19
    • Rent
    • Rent Per SQFT
    •  
    • $3,400
    • $1.82
    •  
  • 5374 Via Ramon Road Yorba Linda, CA 2
    • 3 beds 2 baths ∙ 1,862 Sqft ∙ Built 1980 3 beds 2 baths ∙ 1,862 Sqft ∙ Built 1980
    LEASED 07/24/19
    • Rent
    • Rent Per SQFT
    •  
    • $3,500
    • $1.88
    •  
  • 1230 N. Jenifer Drive Anaheim Hills, CA 4
    • 3 beds 3 baths ∙ 2,042 Sqft ∙ Built 1976 3 beds 3 baths ∙ 2,042 Sqft ∙ Built 1976
    LEASED 03/25/20
    • Rent
    • Rent Per SQFT
    •  
    • $3,700
    • $1.81
    •  
  • 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
Justin Tye
Active Realty Inc
Darryl John Willis
1.866.250.5610
HomeUnion.com
Lic. BRE# 01526904
California Regional Multiple Listing Service ( CRMLS)
MLS #: LG20231583
Last Updated: 11/02/2020
BESbswy