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

5814 Zapata Place Rancho Cucamonga, CA 91737

4 Beds 3 Baths 2,142 sqft Built 1986

$785,000

List Price

$3,120

$2.9K - $3.4K

Rent Est.

PROPERTY INFO

January 08, 2021 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 1986
  • Price/Sqft : $366.48
  • 4 Days on Market
  • MLS # : IV21002762
  • Updated Date : 01/07/2021 at 18:46
CONSTRUCTION
  • Beds : 4
  • Floor Size : 2,142 sqft
  • Baths : 3 full
Listing Agent

Redfin

Listing Agent's Description

Prime location in Rancho Cucamonga, right off Wilson Avenue is where you’ll find this beautiful four bedroom three bathroom home with a downstairs bedroom and full bathroom. This home features a formal living room/dining room with plantation shutters and a fireplace. The kitchen is set up with tons of cabinet space, stainless steel appliances, full backsplash, and a built-in eating area right off the kitchen island style with storage. Enjoy the family room right off the kitchen with access to the backyard. The secondary bedrooms are very spacious and receive tons of natural light. The primary bedroom is huge, and the primary bathroom includes a frameless shower, separate tub, granite counters, and plenty of storage. In the backyard, you’ll enjoy the space perfect to entertain family and friends. There’s space to add a pool, tennis courts, or even a guest house! There is also rear entry. Low property taxes, amazing mountain views as you drive up to this home, and one of the top school districts in the area make this an ideal home! Don’t wait and call to schedule a private tour Now!

SEE MORE

MARKET HIGHLIGHTS

  • 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)
  • Southern California area contributes to 55.3% of California state economy i.e. Gross State Product (USMayors.org, 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)
  • 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]
  • 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, Inland Empire market inherits all the benefits from the area.

PRICE & RENT TRENDS

Neighborhood: Alta Loma

NeighborhoodNIR Market*CityMarket2010Year20002019150k200k250k300k350k400k450k500k550k600k650k700k750kPrice in $149k785k

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

Neighborhood: Alta Loma

NeighborhoodNIR Market*CityMarket2010Year2000 Q22019 Q2120014001600180020002200240026002800Rent in $10822925

* 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
Hermosa Elementary School Primary Regular 527 20 6
Vineyard Junior High School Middle Regular 752 27 9
Los Osos High School High Regular 3,211 114 9

Hermosa Elementary School

  • Education Level: Primary
  • # of students: 527
  • # of teachers: 20
6
GreatSchools Rating

Vineyard Junior High School

  • Education Level: Middle
  • # of students: 752
  • # of teachers: 27
9
GreatSchools Rating

Los Osos High School

  • Education Level: High
  • # of students: 3,211
  • # of teachers: 114
9
GreatSchools Rating
 

$706,500$863,500$785,000

PURCHASE PRICE

$2,808$3,432$3,120

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $3,120
EXPENSES Loan Payment -$2,727
Property Tax -$744
Property Insurance -$79
Property Management Fees -$184
CASH FLOW
-$614

This is the estimated cash flow generated during a typical maintenance-free month. It is recommended that investors set aside 13% of earned rent to cover both maintenance and periods of vacancy.

$785,000

PROJECTED PRICE

$3,120

PROJECTED RENT

0.40%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 3.95%
Appreciation Year (1-5) 5.5%
Maintenance Year (1-5) 8.00%
Vacancy 5.35%
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-$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

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$213,775

INVESTMENT

$213,775

Down Payment
$196,250
Rehab Estimate
$5,750
Closing Costs
$11,775

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

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

$2,727

MONTHLY LOAN PAYMENT

30 yr
Term
3.75%
Interest
25.00%
Down Payment
Term 30 Years
Interest 3.75%
Down Payment $196,250
Loan Amount $588,750
See What Happens When You Reinvest Cash Flow

1.67

YEARS SAVED

$8,873

INTEREST SAVED

CASH FLOW REINVESTMENT

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

  • $3,120

    LIST RENT
  • $1.46

    LIST RENT PER SQFT
  • $2,528

    COMP ESTIMATED VALUE
  • $1.18

    COMP AVG. RENT PER SQFT
Comps Range
$2,680
1$2,6802$2,7003$2,8004$2,8005$3,120
$3,120
RENT COMPS ANALYSIS
  • 5814 Zapata Place Rancho Cucamonga, CA 5
    • 4 beds 3 baths ∙ 2,142 Sqft ∙ Built 1986 4 beds 3 baths ∙ 2,142 Sqft ∙ Built 1986
    • Rent
    • Rent Per SQFT
    •  
    • $3,120
    • $1.46
    •  
  • 10140 Saddlehill Rancho Cucamonga, CA 1
    • 3 beds 3 baths ∙ 2,290 Sqft ∙ Built 1988 3 beds 3 baths ∙ 2,290 Sqft ∙ Built 1988
    LEASED 07/09/20
    • Rent
    • Rent Per SQFT
    •  
    • $2,680
    • $1.17
    •  
  • 10309 Southridge Drive Rancho Cucamonga, CA 2
    • 4 beds 3 baths ∙ 2,302 Sqft ∙ Built 1988 4 beds 3 baths ∙ 2,302 Sqft ∙ Built 1988
    LEASED 10/16/19
    • Rent
    • Rent Per SQFT
    •  
    • $2,700
    • $1.17
    •  
  • 10122 Saddlehill Terrace Alta Loma, CA 3
    • 4 beds 4 baths ∙ 2,419 Sqft ∙ Built 1988 4 beds 4 baths ∙ 2,419 Sqft ∙ Built 1988
    LEASED 09/30/19
    • Rent
    • Rent Per SQFT
    •  
    • $2,800
    • $1.16
    •  
  • 10177 Saddlehill Rancho Cucamonga, CA 4
    • 4 beds 3 baths ∙ 2,290 Sqft ∙ Built 1988 4 beds 3 baths ∙ 2,290 Sqft ∙ Built 1988
    LEASED 08/01/19
    • Rent
    • Rent Per SQFT
    •  
    • $2,800
    • $1.22
    •  
PROPERTY LISTING DETAILS
Elizabeth Rodriguez
Redfin
Darryl John Willis
1.866.250.5610
HomeUnion.com
Lic. BRE# 01526904
California Regional Multiple Listing Service ( CRMLS)
MLS #: IV21002762
Last Updated: 01/07/2021
BESbswy