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

6005 Toulan Way Yorba Linda, CA 92887

3 Beds 3 Baths 1,801 sqft Built 1987

$790,000

List Price

$2,890

$2.6K - $3.1K

Rent Est.

PROPERTY INFO

FACTS
  • Built In 1987
  • Price/Sqft : $438.65
  • 9 Days on Market
  • MLS # : PW20225881
  • Updated Date : 11/02/2020 at 21:43
CONSTRUCTION
  • Beds : 3
  • Floor Size : 1,801 sqft
  • Baths : 2 full , 1 half
Listing Agent

Bhhs Ca Properties

Listing Agent's Description

This beautiful home is located in the awesome Yorba Linda School District. This gorgeous home , “Elegance of Ownership” is located in a nice quite Cul-De-Sac with low HOA. This ready to move in home, beautifully remodeled kitchen, open floor plan,cathedral ceilings,dual pane new windows, hardwood flooring downstairs & upstairs bedrooms, also the second level offers spacious master bedroom with gorgeous ensuite! Master has a walk-in closet, wood floors and vaulted ceilings. The stunning ensuite has been fully remodeled with his and hers sinks, and a large walk-in, crown molding throught the house, new doors, natural light throughout the house, has direct access to its spacious 2 car garage and offers comfort and functionality on every level. Living room with high vaulted ceilings, a cozy fireplace and adjoining dining room and kitchen, making entertaining your family and friends effortless. Kitchen has white cabinets, with white granite countertops. Bring your buyers as this property won't last long. Ready to move-in. Please copy & paste the link to your browser to tour the property. https://tour.caimagemaker.com/l/?id=171477IDX

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: Anaheim Hills

NeighborhoodNIR Market*CityMarket2010Year20002019300k350k400k450k500k550k600k650k700k750k800k850k900kPrice in $272k938k

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

Neighborhood: Anaheim Hills

NeighborhoodNIR Market*CityMarket2010Year2000 Q22019 Q22000220024002600280030003200340036003800Rent in $18223818

* 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
 

$711,000$869,000$790,000

PURCHASE PRICE

$2,601$3,179$2,890

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $2,890
EXPENSES Loan Payment -$2,915
Property Tax -$825
Property Insurance -$71
HOA -$32
Property Management Fees -$142
CASH FLOW
-$1,094

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.

$790,000

PROJECTED PRICE

$2,890

PROJECTED RENT

0.37%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 4.08%
Appreciation Year (1-5) 5.4%
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-$20k-$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$215,100

INVESTMENT

$215,100

Down Payment
$197,500
Rehab Estimate
$5,750
Closing Costs
$11,850

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

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

$2,915

MONTHLY LOAN PAYMENT

30 yr
Term
4.25%
Interest
25.00%
Down Payment
Term 30 Years
Interest 4.25%
Down Payment $197,500
Loan Amount $592,500
See What Happens When You Reinvest Cash Flow

0.25

YEARS SAVED

$321

INTEREST SAVED

CASH FLOW REINVESTMENT

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

  • $2,890

    LIST RENT
  • $1.6

    LIST RENT PER SQFT
  • $3,017

    COMP ESTIMATED VALUE
  • $1.67

    COMP AVG. RENT PER SQFT
Comps Range
$2,890
1$2,8902$3,0003$3,0954$3,1005$3,400
$3,400
RENT COMPS ANALYSIS
  • 6005 Toulan Way Yorba Linda, CA 1
    • 3 beds 3 baths ∙ 1,801 Sqft ∙ Built 1987 3 beds 3 baths ∙ 1,801 Sqft ∙ Built 1987
    property image
    • Rent
    • Rent Per SQFT
    •  
    • $2,890
    • $1.60
    •  
  • 25613 Corsica Way Yorba Linda, CA 2
    • 3 beds 3 baths ∙ 1,801 Sqft ∙ Built 1987 3 beds 3 baths ∙ 1,801 Sqft ∙ Built 1987
    property image
    LEASED 12/17/19
    • Rent
    • Rent Per SQFT
    •  
    • $3,000
    • $1.67
    •  
  • 5917 San Remo Way Yorba Linda, CA 3
    • 3 beds 3 baths ∙ 1,801 Sqft ∙ Built 1987 3 beds 3 baths ∙ 1,801 Sqft ∙ Built 1987
    property image
    LEASED 02/15/20
    • Rent
    • Rent Per SQFT
    •  
    • $3,095
    • $1.72
    •  
  • 25635 Salerno Way Yorba Linda, CA 4
    • 4 beds 3 baths ∙ 1,895 Sqft ∙ Built 1987 4 beds 3 baths ∙ 1,895 Sqft ∙ Built 1987
    property image
    LEASED 06/01/20
    • Rent
    • Rent Per SQFT
    •  
    • $3,100
    • $1.64
    •  
  • 27880 Tamara Drive Yorba Linda, CA 5
    • 3 beds 3 baths ∙ 2,034 Sqft ∙ Built 1992 3 beds 3 baths ∙ 2,034 Sqft ∙ Built 1992
    property image
    LEASED 09/25/19
    • Rent
    • Rent Per SQFT
    •  
    • $3,400
    • $1.67
    •  
PROPERTY LISTING DETAILS
Sherry Farsany
Bhhs Ca Properties
Darryl John Willis
1.866.250.5610
HomeUnion.com
Lic. BRE# 01526904
California Regional Multiple Listing Service ( CRMLS)
MLS #: PW20225881
Last Updated: 11/02/2020
BESbswy