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

5570 Via Vallarta Yorba Linda, CA 92887

4 Beds 3 Baths 2,599 sqft Built 1988

$989,900

List Price

$3,920

$3.7K - $4.2K

Rent Est.

PROPERTY INFO

SINGLE-FAMILY
February 19, 2021 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 1988
  • Price/Sqft : $380.88
  • 3 Days on Market
  • MLS # : PW21033653
  • Updated Date : 02/19/2021 at 07:43
CONSTRUCTION
  • Beds : 4
  • Floor Size : 2,599 sqft
  • Baths : 3 full
Listing Agent

Realty Masters & Associates

Listing Agent's Description

Welcome to this wonderful home. Features 4 bedrooms, plus Bonus room, 3 Bathrooms, Downstairs bedroom currently used as an office, Upon entering the home you will see. High ceilings, Beautiful hard wood floor, Formal living room and dining area as well as an open kitchen and Family room with a fireplace, Lots of windows with elegant plantation shutters, Large master bedroom with walk-in closet, The backyard is Spectacular BBQ with a pool and spa area nice for outdoor enjoyment, 3 Car garage, NO MELLO ROOS or HOA ***Currently, the property is rented out, has a good tenants pay $4,700.00 Monthly, The Lease Contract ends in September 30,2021*** ***The Tenants could leave before the lease is up or they could renew the lease*** All Information provided per seller's best knowledge, buyer and buyers's agent to verify all information pertaining to this property

SEE MORE

MARKET HIGHLIGHTS

  • 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.
  • 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)

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
 

$890,910$1,088,890$989,900

PURCHASE PRICE

$3,528$4,312$3,920

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $3,920
EXPENSES Loan Payment -$3,438
Property Tax -$1,062
Property Insurance -$90
Property Management Fees -$192
CASH FLOW
-$862

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.

$989,900

PROJECTED PRICE

$3,920

PROJECTED RENT

0.40%

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-$15k-$10k-$5.0k$0.0$5.0k$10k$15k$20k

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$268,074

INVESTMENT

$268,074

Down Payment
$247,475
Rehab Estimate
$5,750
Closing Costs
$14,849

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

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

$3,438

MONTHLY LOAN PAYMENT

30 yr
Term
3.75%
Interest
25.00%
Down Payment
Term 30 Years
Interest 3.75%
Down Payment $247,475
Loan Amount $742,425
See What Happens When You Reinvest Cash Flow

1.42

YEARS SAVED

$7,216

INTEREST SAVED

CASH FLOW REINVESTMENT

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

  • $3,920

    LIST RENT
  • $1.51

    LIST RENT PER SQFT
  • $3,937

    COMP ESTIMATED VALUE
  • $1.52

    COMP AVG. RENT PER SQFT
Comps Range
$3,349
1$3,3492$3,9003$3,9204$4,5005$4,500
$4,500
RENT COMPS ANALYSIS
  • 5570 Via Vallarta Yorba Linda, CA 3
    • 4 beds 3 baths ∙ 2,599 Sqft ∙ Built 1988 4 beds 3 baths ∙ 2,599 Sqft ∙ Built 1988
    property image
    • Rent
    • Rent Per SQFT
    •  
    • $3,920
    • $1.51
    •  
  • 5505 Via Cervantes Yorba Linda, CA 1
    • 4 beds 3 baths ∙ 2,286 Sqft ∙ Built 1989 4 beds 3 baths ∙ 2,286 Sqft ∙ Built 1989
    property image
    LEASED 10/21/19
    • Rent
    • Rent Per SQFT
    •  
    • $3,349
    • $1.47
    •  
  • 20480 Via Zaragoza Yorba Linda, CA 2
    • 4 beds 2 baths ∙ 2,769 Sqft ∙ Built 1989 4 beds 2 baths ∙ 2,769 Sqft ∙ Built 1989
    property image
    LEASED 08/03/20
    • Rent
    • Rent Per SQFT
    •  
    • $3,900
    • $1.41
    •  
  • 5400 Via Cervantes Yorba Linda, CA 4
    • 4 beds 3 baths ∙ 2,796 Sqft ∙ Built 1990 4 beds 3 baths ∙ 2,796 Sqft ∙ Built 1990
    property image
    LEASED 11/16/20
    • Rent
    • Rent Per SQFT
    •  
    • $4,500
    • $1.61
    •  
  • 5416 Avenida El Cid Yorba Linda, CA 5
    • 4 beds 4 baths ∙ 2,862 Sqft ∙ Built 1994 4 beds 4 baths ∙ 2,862 Sqft ∙ Built 1994
    property image
    LEASED 11/13/20
    • Rent
    • Rent Per SQFT
    •  
    • $4,500
    • $1.57
    •  
PROPERTY LISTING DETAILS
Salvador Perez
Realty Masters & Associates
Darryl John Willis
1.866.250.5610
HomeUnion.com
Lic. BRE# 01526904
California Regional Multiple Listing Service ( CRMLS)
MLS #: PW21033653
Last Updated: 02/19/2021
BESbswy