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5300 Circulo Nuevo Yorba Linda, CA 92887

4 Beds 3 Baths 1,929 sqft Built 1985

$959,900

List Price

$3,480

$3.2K - $3.7K

Rent Est.

PROPERTY INFO

SINGLE-FAMILY
March 11, 2021 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 1985
  • Price/Sqft : $497.62
  • 4 Days on Market
  • MLS # : IV21050217
  • Updated Date : 03/11/2021 at 15:58
CONSTRUCTION
  • Beds : 4
  • Floor Size : 1,929 sqft
  • Baths : 2 full , 1 half
Listing Agent

Coldwell Banker Assoc Brkr/cl

Listing Agent's Description

Welcome to this well established neighborhood ideally located just off the 91 Frwy at Weir Canyon/Savi Ranch shopping center. This home offers 4 Bedrooms, 2.5 baths. Located on a cul de sac, with 3 car garage and larger pie shaped yard. Mature landscaping and plenty of hardscape in the rear yard. Room for a pool if you desire. As you enter the foyer area, there are vaulted ceilings, lots of windows, formal living and dining room. Kitchen and family room with fireplace as well. Kitchen has nook seating area as well as bay window area. There is one bedroom downstairs, the remainder of the bedrooms are upstairs. The primary bedroom has a large walk in closet as well as a bay/office area. With options to make your own upgrades, the possibilities are unlimited. Dont miss out on this home.

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
Esperanza High School High Regular 1,858 72 8

Esperanza High School

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

$863,910$1,055,890$959,900

PURCHASE PRICE

$3,132$3,828$3,480

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $3,480
EXPENSES Loan Payment -$3,334
Property Tax -$965
Property Insurance -$74
Property Management Fees -$171
CASH FLOW
-$1,064

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.

$959,900

PROJECTED PRICE

$3,480

PROJECTED RENT

0.36%

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$260,124

INVESTMENT

$260,124

Down Payment
$239,975
Rehab Estimate
$5,750
Closing Costs
$14,399

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

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

$3,334

MONTHLY LOAN PAYMENT

30 yr
Term
3.75%
Interest
25.00%
Down Payment
Term 30 Years
Interest 3.75%
Down Payment $239,975
Loan Amount $719,925
See What Happens When You Reinvest Cash Flow

0.58

YEARS SAVED

$1,883

INTEREST SAVED

CASH FLOW REINVESTMENT

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

  • $3,480

    LIST RENT
  • $1.8

    LIST RENT PER SQFT
  • $3,617

    COMP ESTIMATED VALUE
  • $1.88

    COMP AVG. RENT PER SQFT
Comps Range
$3,250
1$3,2502$3,4803$3,5004$3,7005$3,900
$3,900
RENT COMPS ANALYSIS
  • 5300 Circulo Nuevo Yorba Linda, CA 2
    • 4 beds 3 baths ∙ 1,929 Sqft ∙ Built 1985 4 beds 3 baths ∙ 1,929 Sqft ∙ Built 1985
    • Rent
    • Rent Per SQFT
    •  
    • $3,480
    • $1.80
    •  
  • 21375 Via Del Gavilan Yorba Linda, CA 1
    • 3 beds 3 baths ∙ 1,654 Sqft ∙ Built 1985 3 beds 3 baths ∙ 1,654 Sqft ∙ Built 1985
    LEASED 12/23/20
    • Rent
    • Rent Per SQFT
    •  
    • $3,250
    • $1.96
    •  
  • 5985 Avenida Antigua Yorba Linda, CA 3
    • 3 beds 2 baths ∙ 1,755 Sqft ∙ Built 1980 3 beds 2 baths ∙ 1,755 Sqft ∙ Built 1980
    LEASED 03/31/20
    • Rent
    • Rent Per SQFT
    •  
    • $3,500
    • $1.99
    •  
  • 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
Karen Flecky
Coldwell Banker Assoc Brkr/cl
Darryl John Willis
1.866.250.5610
HomeUnion.com
Lic. BRE# 01526904
California Regional Multiple Listing Service ( CRMLS)
MLS #: IV21050217
Last Updated: 03/11/2021
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