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6081 E Hackamore Lane Anaheim Hills, CA 92807

3 Beds 3 Baths 1,582 sqft Built 1987

$729,000

List Price

$2,880

$2.6K - $3.1K

Rent Est.

PROPERTY INFO

SINGLE-FAMILY
February 19, 2021 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 1987
  • Price/Sqft : $460.81
  • 4 Days on Market
  • MLS # : PW21034337
  • Updated Date : 02/20/2021 at 05:12
CONSTRUCTION
  • Beds : 3
  • Floor Size : 1,582 sqft
  • Baths : 2 full , 1 half
Listing Agent

T.n.g. Real Estate Consultants

Listing Agent's Description

Check out the amazing views from this beautifully upgraded 3 bedroom, 2 bath home in the highly desirable Anaheim Hills neighborhood. As you enter the front door, you'll immediately notice the open floor plan, vaulted ceilings, luxurious flooring, natural light from the many large windows, and a beautiful fireplace. The kitchen has been completely remodeled with new cabinets, quartz countertops, farmer's sinks, stainless steel appliances, and a stylish backsplash. The kitchen breakfast bar features stunning pendant lighting and overlooks the spacious dining room where one can sit and enjoy the amazing backyard views. The backyard is an entertainer's dream and features amazing mountain views, a large patio cover, and plenty of hard space and grassy areas for everyday enjoyment or those special celebrations. The large master bedroom features amazing views, tons of natural light, and a vaulted ceiling. Additional features include recessed lighting throughout, washer and dryer hookups, and a beautiful exterior. Located near the 91 freeway, tons of shopping options, parks and highly rated schools, this home is a must-see. Be sure to schedule a showing right away before it is gone.

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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: Anaheim Hills

NeighborhoodNIR Market*CityMarket2010Year20002019250k300k350k400k450k500k550k600k650k700k750k800k850k900kPrice in $230k922k

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

Neighborhood: Anaheim Hills

NeighborhoodNIR Market*CityMarket2010Year2000 Q22019 Q2160018002000220024002600280030003200340036003800Rent in $15963818

* 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
El Rancho Charter School Middle Charter 1,186 41 9
Canyon High School High Regular 2,338 86 9

El Rancho Charter School

  • Education Level: Middle
  • # of students: 1,186
  • # of teachers: 41
9
GreatSchools Rating

Canyon High School

  • Education Level: High
  • # of students: 2,338
  • # of teachers: 86
9
GreatSchools Rating
 

$656,100$801,900$729,000

PURCHASE PRICE

$2,592$3,168$2,880

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $2,880
EXPENSES Loan Payment -$2,532
Property Tax -$705
Property Insurance -$65
HOA -$315
Property Management Fees -$141
CASH FLOW
-$878

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.

$729,000

PROJECTED PRICE

$2,880

PROJECTED RENT

0.40%

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-$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$198,935

INVESTMENT

$198,935

Down Payment
$182,250
Rehab Estimate
$5,750
Closing Costs
$10,935

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

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

$2,532

MONTHLY LOAN PAYMENT

30 yr
Term
3.75%
Interest
25.00%
Down Payment
Term 30 Years
Interest 3.75%
Down Payment $182,250
Loan Amount $546,750
See What Happens When You Reinvest Cash Flow

0.33

YEARS SAVED

$392

INTEREST SAVED

CASH FLOW REINVESTMENT

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

  • $2,880

    LIST RENT
  • $1.82

    LIST RENT PER SQFT
  • $2,998

    COMP ESTIMATED VALUE
  • $1.9

    COMP AVG. RENT PER SQFT
Comps Range
$2,700
1$2,7002$2,7803$2,8504$2,8805$3,400
$3,400
RENT COMPS ANALYSIS
  • 6081 E Hackamore Lane Anaheim Hills, CA 4
    • 3 beds 3 baths ∙ 1,582 Sqft ∙ Built 1987 3 beds 3 baths ∙ 1,582 Sqft ∙ Built 1987
    • Rent
    • Rent Per SQFT
    •  
    • $2,880
    • $1.82
    •  
  • 6512 E Camino Vista Anaheim Hills, CA 1
    • 3 beds 3 baths ∙ 1,540 Sqft ∙ Built 1974 3 beds 3 baths ∙ 1,540 Sqft ∙ Built 1974
    LEASED 05/27/20
    • Rent
    • Rent Per SQFT
    •  
    • $2,700
    • $1.75
    •  
  • 5823 E Camino Pinzon Anaheim Hills, CA 2
    • 3 beds 2 baths ∙ 1,400 Sqft ∙ Built 1974 3 beds 2 baths ∙ 1,400 Sqft ∙ Built 1974
    LEASED 03/27/20
    • Rent
    • Rent Per SQFT
    •  
    • $2,780
    • $1.99
    •  
  • 6503 E Camino Anaheim Hills, CA 3
    • 3 beds 3 baths ∙ 1,540 Sqft ∙ Built 1976 3 beds 3 baths ∙ 1,540 Sqft ∙ Built 1976
    LEASED 06/01/20
    • Rent
    • Rent Per SQFT
    •  
    • $2,850
    • $1.85
    •  
  • 745 S Crown Pointe Drive Anaheim Hills, CA 5
    • 3 beds 3 baths ∙ 1,712 Sqft ∙ Built 1988 3 beds 3 baths ∙ 1,712 Sqft ∙ Built 1988
    LEASED 02/18/21
    • Rent
    • Rent Per SQFT
    •  
    • $3,400
    • $1.99
    •  
PROPERTY LISTING DETAILS
Carlos Barron
T.n.g. Real Estate Consultants
Darryl John Willis
1.866.250.5610
HomeUnion.com
Lic. BRE# 01526904
California Regional Multiple Listing Service ( CRMLS)
MLS #: PW21034337
Last Updated: 02/20/2021
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