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5520 Beverly Lane Yorba Linda, CA 92887

3 Beds 3 Baths 2,426 sqft Built 1996

$778,000

List Price

$3,360

$3.1K - $3.6K

Rent Est.

PROPERTY INFO

November 12, 2020 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 1996
  • Price/Sqft : $320.69
  • 4 Days on Market
  • MLS # : PW20238631
  • Updated Date : 11/12/2020 at 20:59
CONSTRUCTION
  • Beds : 3
  • Floor Size : 2,426 sqft
  • Baths : 2 full , 1 half
Listing Agent

First Team Real Estate

Listing Agent's Description

Light, Bright & Beautiful La Terraza Townhome! Premium Location Tucked Away on Small Cul-De-Sac & Walking Distance to Award-Winning Bryant Ranch Elmntry School - BRAND NEW CARPET & INTERIOR PAINT! Elegant Plantation Shutters Throughout - Spacious 2,426-SqFt Floorplan Offers 3 Bdrms + Loft & 2.5 Baths - Formal Living Rm has Soaring 2-Story Ceilings, Fireplace & 6 Sparkling Leaded-Glass Windows to Let In Light But Also Provide Privacy - Formal Dining Rm w/Skylight - Chef's Kitchen Features Granite Countertops, Walk-In Pantry & Updated Appliances, Including Micro, Oven, Dishwasher & Gas Cooktop - Charming Brkfst Nook w/Built-In Window Seat - Kitchen Open to Family Rm w/Dual-Sided Granite Fireplace (shared with Living Rm) & Sliding Glass Door to Backyard - Upstairs is Large Master Suite w/High Beamed Ceiling & Dual Walk-In Closets - Master Bath has Dual Tile Vanities, Soaking Tub & Separate Shower - Also Upstairs are 2 More Bdrms, Full Bath & Bonus Rm/Loft Which Could be an Office - Convenient Inside Laundry Rm w/Xtra Deep Storage Closet - Attached 2-Car Garage w/Built-In Cabinets - Whole House Fan - Newer AC Unit (2018) w/Nest Thermostat - Private Backyard Surrounded by Green Trees w/Low-Maintenance Artificial Grass - No Mello Roos Tax - $350/mo HOA Dues to Enjoy Assoc Pools, Spas & Tennis Sport Court - Close to City Parks & Miles of Walking/Bike Trails - Easy Access to 91 Freeway & 241 Toll Road - CA Distinguished Schools: Bryant Ranch Elmntry, Travis Ranch Middle & YL High

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: Bryant Ranch

NeighborhoodNIR Market*CityMarket2010Year20002019300k400k500k600k700k800k900k1000k1100kPrice in $272k1148k

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

Neighborhood: Bryant Ranch

NeighborhoodNIR Market*CityMarket2010Year2000 Q22019 Q220002200240026002800300032003400360038004000Rent in $19814161

* 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
Bryant Ranch Elementary School Primary Regular 568 19 9
Travis Ranch Elementary-middle School Middle Regular 1,334 50 8
Yorba Linda High School High Regular 1,768 64 10

Bryant Ranch Elementary School

  • Education Level: Primary
  • # of students: 568
  • # of teachers: 19
9
GreatSchools Rating

Travis Ranch Elementary-middle School

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

Yorba Linda High School

  • Education Level: High
  • # of students: 1,768
  • # of teachers: 64
10
GreatSchools Rating
 

$700,200$855,800$778,000

PURCHASE PRICE

$3,024$3,696$3,360

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $3,360
EXPENSES Loan Payment -$2,870
Property Tax -$812
Property Insurance -$86
HOA -$350
Property Management Fees -$165
CASH FLOW
-$923

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.

$778,000

PROJECTED PRICE

$3,360

PROJECTED RENT

0.43%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 4.08%
Appreciation Year (1-5) 3.6%
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

PROJECTED ANNUAL CASH FLOW

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

PROJECTED PROPERTY VALUE

30 YEAR PROJECTION

  • Appreciation
  • Principal
  • Loan Balance
11530$0.0$500k$1.0M$1.5M$2.0M

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$211,920

INVESTMENT

$211,920

Down Payment
$194,500
Rehab Estimate
$5,750
Closing Costs
$11,670

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

A 70% down payment or higher enables the proceeds from the asset to cover all costs.

$2,870

MONTHLY LOAN PAYMENT

30 yr
Term
4.25%
Interest
25.00%
Down Payment
Term 30 Years
Interest 4.25%
Down Payment $194,500
Loan Amount $583,500
See What Happens When You Reinvest Cash Flow

0.42

YEARS SAVED

$1,164

INTEREST SAVED

CASH FLOW REINVESTMENT

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

  • $3,360

    LIST RENT
  • $1.38

    LIST RENT PER SQFT
  • $3,566

    COMP ESTIMATED VALUE
  • $1.47

    COMP AVG. RENT PER SQFT
Comps Range
$3,360
1$3,3602$3,3803$3,5004$3,5005$3,650
$3,650
RENT COMPS ANALYSIS
  • 5520 Beverly Lane Yorba Linda, CA 1
    • 3 beds 3 baths ∙ 2,426 Sqft ∙ Built 1996 3 beds 3 baths ∙ 2,426 Sqft ∙ Built 1996
    property image
    • Rent
    • Rent Per SQFT
    •  
    • $3,360
    • $1.38
    •  
  • 5515 Picasso Drive Yorba Linda, CA 2
    • 4 beds 3 baths ∙ 2,314 Sqft ∙ Built 1990 4 beds 3 baths ∙ 2,314 Sqft ∙ Built 1990
    property image
    LEASED 10/06/19
    • Rent
    • Rent Per SQFT
    •  
    • $3,380
    • $1.46
    •  
  • 5635 Delacroix Way Yorba Linda, CA 3
    • 4 beds 3 baths ∙ 2,467 Sqft ∙ Built 1989 4 beds 3 baths ∙ 2,467 Sqft ∙ Built 1989
    property image
    LEASED 07/19/19
    • Rent
    • Rent Per SQFT
    •  
    • $3,500
    • $1.42
    •  
  • 5640 Van Gogh Way Yorba Linda, CA 4
    • 4 beds 3 baths ∙ 2,467 Sqft ∙ Built 1992 4 beds 3 baths ∙ 2,467 Sqft ∙ Built 1992
    property image
    LEASED 02/06/20
    • Rent
    • Rent Per SQFT
    •  
    • $3,500
    • $1.42
    •  
  • 5645 Delacroix Way Yorba Linda, CA 5
    • 4 beds 3 baths ∙ 2,314 Sqft ∙ Built 1990 4 beds 3 baths ∙ 2,314 Sqft ∙ Built 1990
    property image
    LEASED 07/28/20
    • Rent
    • Rent Per SQFT
    •  
    • $3,650
    • $1.58
    •  
PROPERTY LISTING DETAILS
Kristen Fowler
First Team Real Estate
Darryl John Willis
1.866.250.5610
HomeUnion.com
Lic. BRE# 01526904
California Regional Multiple Listing Service ( CRMLS)
MLS #: PW20238631
Last Updated: 11/12/2020
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