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632 S Pathfinder Anaheim Hills, CA 92807

3 Beds 2 Baths 2,242 sqft Built 1979

$850,000

List Price

$3,230

$3K - $3.5K

Rent Est.

PROPERTY INFO

December 01, 2020 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 1979
  • Price/Sqft : $379.13
  • 7 Days on Market
  • MLS # : PW20248610
  • Updated Date : 12/03/2020 at 09:34
CONSTRUCTION
  • Beds : 3
  • Floor Size : 2,242 sqft
  • Baths : 2 full
Listing Agent

Coldwell Banker Diamond

Listing Agent's Description

Welcome to 632 S. Pathfinder Trail! Located near the top of the Sky Gate community featuring spectacular panoramic views of Anaheim Hills and Yorba Linda! This beautiful single story home offers 3 bedrooms and 2 bathrooms across the large open floorplan. Get cozy next to the not one but two custom fireplaces in the living room and master retreat, perfect for the cold winter nights coming up! Both bathrooms have custom tile flooring with the master bathroom featuring a large free standing tub, separate walk-in shower and dual vanities. There is tons of natural light throughout this home! Step into the backyard and enjoy the breathtaking views from the Spa! There are three separate patio areas one with the in-ground heated spa/hot tub, the second large patio accessible from the living room has a wood deck perfect for enjoying the sun, and the third is a private patio accessible via the master retreat. Located on a secluded “flag” lot with a stretching driveway leading up to a large two car garage. This home is also complete with an indoor laundry with hook-ups for washer/dryer. This house is an absolute must see! Come visit today!!

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MARKET HIGHLIGHTS

  • 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)
  • 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)

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
Imperial Elementary School Primary Regular 491 19 8
El Rancho Charter School Middle Charter 1,186 41 9
Canyon High School High Regular 2,338 86 9

Imperial Elementary School

  • Education Level: Primary
  • # of students: 491
  • # of teachers: 19
8
GreatSchools Rating

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
 

$765,000$935,000$850,000

PURCHASE PRICE

$2,907$3,553$3,230

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $3,230
EXPENSES Loan Payment -$3,136
Property Tax -$821
Property Insurance -$81
HOA -$123
Property Management Fees -$158
CASH FLOW
-$1,090

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.

$850,000

PROJECTED PRICE

$3,230

PROJECTED RENT

0.38%

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$231,000

INVESTMENT

$231,000

Down Payment
$212,500
Rehab Estimate
$5,750
Closing Costs
$12,750

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

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

$3,136

MONTHLY LOAN PAYMENT

30 yr
Term
4.25%
Interest
25.00%
Down Payment
Term 30 Years
Interest 4.25%
Down Payment $212,500
Loan Amount $637,500
See What Happens When You Reinvest Cash Flow

0.33

YEARS SAVED

$847

INTEREST SAVED

CASH FLOW REINVESTMENT

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

  • $3,230

    LIST RENT
  • $1.44

    LIST RENT PER SQFT
  • $3,498

    COMP ESTIMATED VALUE
  • $1.56

    COMP AVG. RENT PER SQFT
Comps Range
$3,230
1$3,2302$3,4003$3,5004$3,6005$3,900
$3,900
RENT COMPS ANALYSIS
  • 632 S Pathfinder Anaheim Hills, CA 1
    • 3 beds 2 baths ∙ 2,242 Sqft ∙ Built 1979 3 beds 2 baths ∙ 2,242 Sqft ∙ Built 1979
    • Rent
    • Rent Per SQFT
    •  
    • $3,230
    • $1.44
    •  
  • 6031 E Nugget Court Anaheim Hills, CA 2
    • 4 beds 3 baths ∙ 2,319 Sqft ∙ Built 1980 4 beds 3 baths ∙ 2,319 Sqft ∙ Built 1980
    LEASED 01/23/20
    • Rent
    • Rent Per SQFT
    •  
    • $3,400
    • $1.47
    •  
  • 285 S San Vicente Lane Anaheim Hills, CA 3
    • 3 beds 3 baths ∙ 2,250 Sqft ∙ Built 1999 3 beds 3 baths ∙ 2,250 Sqft ∙ Built 1999
    LEASED 07/16/19
    • Rent
    • Rent Per SQFT
    •  
    • $3,500
    • $1.56
    •  
  • 5815 E Paseo Balboa Anaheim Hills, CA 4
    • 4 beds 3 baths ∙ 2,358 Sqft ∙ Built 1974 4 beds 3 baths ∙ 2,358 Sqft ∙ Built 1974
    LEASED 11/18/20
    • Rent
    • Rent Per SQFT
    •  
    • $3,600
    • $1.53
    •  
  • 231 S Calle Diaz Anaheim, CA 5
    • 4 beds 4 baths ∙ 2,326 Sqft ∙ Built 1975 4 beds 4 baths ∙ 2,326 Sqft ∙ Built 1975
    LEASED 06/03/20
    • Rent
    • Rent Per SQFT
    •  
    • $3,900
    • $1.68
    •  
PROPERTY LISTING DETAILS
Alex Horowitz
Coldwell Banker Diamond
Darryl John Willis
1.866.250.5610
HomeUnion.com
Lic. BRE# 01526904
California Regional Multiple Listing Service ( CRMLS)
MLS #: PW20248610
Last Updated: 12/03/2020
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