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6430 Regents Court Yorba Linda, CA 92886

4 Beds 3 Baths 2,014 sqft Built 1995

$879,900

List Price

$3,330

$3.1K - $3.6K

Rent Est.

PROPERTY INFO

January 13, 2021 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 1995
  • Price/Sqft : $436.89
  • 5 Days on Market
  • MLS # : OC21007702
  • Updated Date : 01/15/2021 at 12:52
CONSTRUCTION
  • Beds : 4
  • Floor Size : 2,014 sqft
  • Baths : 3 full
Listing Agent

Jzd Properties

Listing Agent's Description

Located in the gated community of Fairmont Terrace and nestled on a private cul de sac you will find this rare main floor master retreat floor plan along with forever VIEWS! This turn key home has been remodeled and well cared for. Featuring rich wood flooring, remodeled kitchen with farmhouse sink, double oven, gorgeous cabinets with today's light colors. Main floor master bedroom with a remodeled bath that leads you to your private oasis yard with stunning views. In addition, two secondary bedrooms downstairs are perfectly suited for a home office and a guest room..Upstairs bedroom is truly an additional master suite with its own private bath.This is truly the best kept secret in the city!

SEE MORE

MARKET HIGHLIGHTS

  • 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)
  • 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)

PRICE & RENT TRENDS

Zip Code: 92886

ZipNIR Market*CityMarket2010Year20002019300k350k400k450k500k550k600k650k700k750k800k850k900kPrice in $272k938k

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

Zip Code: 92886

ZipNIR 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
Glenknoll Elementary School Primary Regular 507 17 8
Bernardo Yorba Middle School Middle Regular 643 25 9
Esperanza High School High Regular 1,858 72 8

Glenknoll Elementary School

  • Education Level: Primary
  • # of students: 507
  • # of teachers: 17
8
GreatSchools Rating

Bernardo Yorba Middle School

  • Education Level: Middle
  • # of students: 643
  • # of teachers: 25
9
GreatSchools Rating

Esperanza High School

  • Education Level: High
  • # of students: 1,858
  • # of teachers: 72
8
GreatSchools Rating
 

$791,910$967,890$879,900

PURCHASE PRICE

$2,997$3,663$3,330

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $3,330
EXPENSES Loan Payment -$3,056
Property Tax -$836
Property Insurance -$76
HOA -$150
Property Management Fees -$163
CASH FLOW
-$951

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.

$879,900

PROJECTED PRICE

$3,330

PROJECTED RENT

0.38%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 4.08%
Appreciation Year (1-5) 4.5%
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$15k

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$238,924

INVESTMENT

$238,924

Down Payment
$219,975
Rehab Estimate
$5,750
Closing Costs
$13,199

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

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

$3,056

MONTHLY LOAN PAYMENT

30 yr
Term
3.75%
Interest
25.00%
Down Payment
Term 30 Years
Interest 3.75%
Down Payment $219,975
Loan Amount $659,925
See What Happens When You Reinvest Cash Flow

0.58

YEARS SAVED

$1,897

INTEREST SAVED

CASH FLOW REINVESTMENT

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

  • $3,330

    LIST RENT
  • $1.65

    LIST RENT PER SQFT
  • $3,293

    COMP ESTIMATED VALUE
  • $1.63

    COMP AVG. RENT PER SQFT
Comps Range
$3,250
1$3,2502$3,3303$3,4004$3,5005$3,900
$3,900
RENT COMPS ANALYSIS
  • 6430 Regents Court Yorba Linda, CA 2
    • 4 beds 3 baths ∙ 2,014 Sqft ∙ Built 1992 4 beds 3 baths ∙ 2,014 Sqft ∙ Built 1992
    • Rent
    • Rent Per SQFT
    •  
    • $3,330
    • $1.65
    •  
  • 6360 Saint Francis Court Yorba Linda, CA 1
    • 3 beds 3 baths ∙ 2,014 Sqft ∙ Built 1992 3 beds 3 baths ∙ 2,014 Sqft ∙ Built 1992
    LEASED 02/08/20
    • Rent
    • Rent Per SQFT
    •  
    • $3,250
    • $1.61
    •  
  • 20405 Via Don Juan Yorba Linda, CA 3
    • 3 beds 3 baths ∙ 2,183 Sqft ∙ Built 1985 3 beds 3 baths ∙ 2,183 Sqft ∙ Built 1985
    LEASED 04/01/20
    • Rent
    • Rent Per SQFT
    •  
    • $3,400
    • $1.56
    •  
  • 20430 Via Madrid Yorba Linda, CA 4
    • 3 beds 3 baths ∙ 2,183 Sqft ∙ Built 1985 3 beds 3 baths ∙ 2,183 Sqft ∙ Built 1985
    LEASED 08/20/20
    • Rent
    • Rent Per SQFT
    •  
    • $3,500
    • $1.60
    •  
  • 191 N Paseo Rio Moreno Anaheim Hills, CA 5
    • 5 beds 3 baths ∙ 2,200 Sqft ∙ Built 1975 5 beds 3 baths ∙ 2,200 Sqft ∙ Built 1975
    LEASED 08/01/20
    • Rent
    • Rent Per SQFT
    •  
    • $3,900
    • $1.77
    •  
PROPERTY LISTING DETAILS
Joe Duenas
Jzd Properties
Darryl John Willis
1.866.250.5610
HomeUnion.com
Lic. BRE# 01526904
California Regional Multiple Listing Service ( CRMLS)
MLS #: OC21007702
Last Updated: 01/15/2021
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