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5750 Via Del Potrero Yorba Linda, CA 92887

4 Beds 1 Baths 2,791 sqft Built 1986

$1,050,000

List Price

$3,860

$3.6K - $4.1K

Rent Est.

PROPERTY INFO

January 23, 2021 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 1986
  • Price/Sqft : $376.21
  • 3 Days on Market
  • MLS # : DW21014919
  • Updated Date : 01/22/2021 at 22:11
CONSTRUCTION
  • Beds : 4
  • Floor Size : 2,791 sqft
  • Baths : 1 full
Listing Agent

Century 21 Jervis & Associates

Listing Agent's Description

No detail has been missed in this impeccably maintained pride-of-ownership home! Curb appeal galore, with newly color-coated exterior, flagstone, lush landscaping & planters, low maintenance artificial turf & 3-car garage. Enter through the leaded glass double doors into a majestic living room with stone floors, iron stair rails, high ceilings, custom plantation shutters, leading into a dining room overlooking a resort-like backyard. The pool, spa, built-in BBQ, seating areas & privacy hedges make a staycation a dream! Also overlooking the inviting backyard is the easily accessed kitchen with breakfast nook area, granite countertops, brand new oven, dishwasher, built-in microwave, 5-burner cooktop, cabinetry galore, as well as breakfast bar. The kitchen opens to a terrific family room with stone fireplace, brightly lit by add'l sliding doors opening to the backyard. Continue on to a spacious laundry room, bedroom, 3/4 bath & accessible 3-car garage. Heading upstairs, land on a wide balcony area overlooking the living room and foyer. The master suite includes a luxurious bath with walk-in closet & jetted tub. Two add'l bdrms, 3/4 bath & large bonus room (with separate AC unit) complete the 2nd level of this once-in-a-lifetime home. And let's not forget "location location location", as this home sits on a quiet cul-de-sac in the Esperanza High & Travis Ranch Middle School area. Move quickly, as gems such as this are hard to find and won't last long!

SEE MORE

MARKET HIGHLIGHTS

  • 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.
  • Southern California area contributes to 55.3% of California state economy i.e. Gross State Product (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
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
 

$945,000$1,155,000$1,050,000

PURCHASE PRICE

$3,474$4,246$3,860

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $3,860
EXPENSES Loan Payment -$3,647
Property Tax -$1,090
Property Insurance -$94
Property Management Fees -$189
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.

$1,050,000

PROJECTED PRICE

$3,860

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$284,000

INVESTMENT

$284,000

Down Payment
$262,500
Rehab Estimate
$5,750
Closing Costs
$15,750

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

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

$3,647

MONTHLY LOAN PAYMENT

30 yr
Term
3.75%
Interest
25.00%
Down Payment
Term 30 Years
Interest 3.75%
Down Payment $262,500
Loan Amount $787,500
See What Happens When You Reinvest Cash Flow

0.58

YEARS SAVED

$2,041

INTEREST SAVED

CASH FLOW REINVESTMENT

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

  • $3,860

    LIST RENT
  • $1.38

    LIST RENT PER SQFT
  • $3,861

    COMP ESTIMATED VALUE
  • $1.38

    COMP AVG. RENT PER SQFT
Comps Range
$3,425
1$3,4252$3,8503$3,8604$3,900
$3,900
RENT COMPS ANALYSIS
  • 5750 Via Del Potrero Yorba Linda, CA 3
    • 4 beds 1 baths ∙ 2,791 Sqft ∙ Built 1986 4 beds 1 baths ∙ 2,791 Sqft ∙ Built 1986
    • Rent
    • Rent Per SQFT
    •  
    • $3,860
    • $1.38
    •  
  • 20720 Cottonwood Road Yorba Linda, CA 1
    • 3 beds 2 baths ∙ 2,491 Sqft ∙ Built 1978 3 beds 2 baths ∙ 2,491 Sqft ∙ Built 1978
    LEASED 02/06/20
    • Rent
    • Rent Per SQFT
    •  
    • $3,425
    • $1.37
    •  
  • 5580 Avenida El Cid Yorba Linda, CA 2
    • 4 beds 2 baths ∙ 2,818 Sqft ∙ Built 1989 4 beds 2 baths ∙ 2,818 Sqft ∙ Built 1989
    LEASED 12/20/20
    • Rent
    • Rent Per SQFT
    •  
    • $3,850
    • $1.37
    •  
  • 20480 Via Zaragoza Yorba Linda, CA 4
    • 4 beds 2 baths ∙ 2,769 Sqft ∙ Built 1989 4 beds 2 baths ∙ 2,769 Sqft ∙ Built 1989
    LEASED 08/03/20
    • Rent
    • Rent Per SQFT
    •  
    • $3,900
    • $1.41
    •  
PROPERTY LISTING DETAILS
Jackie Funk
Century 21 Jervis & Associates
Darryl John Willis
1.866.250.5610
HomeUnion.com
Lic. BRE# 01526904
California Regional Multiple Listing Service ( CRMLS)
MLS #: DW21014919
Last Updated: 01/22/2021
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