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6560 E Circulo Dali Anaheim Hills, CA 92807

3 Beds 3 Baths 2,072 sqft Built 1977

INVESTimate

$695,000

List Price

$3,200

$2,950 - $3,450

Rent Est.

$732,530  ( +5.40%)   1 YR EST. FORECAST

PROPERTY INFO

FACTS
  • Built In 1977
  • Price/Sqft : $335.42
  • 12 Days on Market
  • MLS # : TR20166459
  • Updated Date : 08/17/2020 at 10:17
CONSTRUCTION
  • Beds : 3
  • Floor Size : 2,072 sqft
  • Baths : 2 full , 1 half
Listing Agent

Keller Williams Signature

Listing Agent's Description

Location Location Location -This tastefully upgraded home is nestled in a beautiful private Cul-De-Sac in the desirable,family oriented,Galerie Community of Anaheim Hills.Located within a mile from the highly rated Anaheim Hills Elementary School.The private entry and brick coutyard brings you into an incredible spacious and open living room, gas fire place and formal dining room.The modern kitchen includes quartz countertops with a waterfall edge and matching backsplash, with built-in wine fridge,reverse osmosis water filtration system, soft close cabinets and GE stainless steel appliances.The family room includes a brand new sliding glass door with direct access to a cozy back patio.A winding staicase leads upstairs to an expansive master suite with a generous walk-in closet, additional wall to wall sliding closet, double vanity, gorgeous custom accent wall and private deck with a view of the hillside. All bedrooms are upstairs with ample closet space.Other upgrades include recessed lighting, brand new dual pane windows and sliders, custom built cabinets.The gorgeous crown molding throughout enhances the beauty of the home. The two car garage has dry wall and built-in storage cabinets. Community amenities include gated club house. BBQ area, pool and jaccuzi.Direct walking access to the Oak Canyon Nature Center, hiking trails and Golf Course, equestrian club Easy access to 55 & 91 Freeways. Dont miss this opportunity to make this beautiful home yours. THIS IS A MUST SEE

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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)
  • 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 area contributes to 55.3% of California state economy i.e. Gross State Product (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)
  • Southern California's economy is worth $1.58 trillion in Gross Metro Product and projected to grow to $1.67 trillion (USMayors.org, 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*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
Anaheim Hills Elementary School Primary Regular 513 18 10
Anaheim Hills Elementary School Middle Regular 513 18 10
Canyon High School High Regular 2,338 86 9

Anaheim Hills Elementary School

  • Education Level: Primary
  • # of students: 513
  • # of teachers: 18
10
GreatSchools Rating

Anaheim Hills Elementary School

  • Education Level: Middle
  • # of students: 513
  • # of teachers: 18
10
GreatSchools Rating

Canyon High School

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

$625,500$764,500$695,000

PURCHASE PRICE

$2,880$3,520$3,200

RENT

DOWN PAYMENT
FINANCING

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

PROJECTED PROPERTY VALUE

30 YEAR PROJECTION

  • Appreciation
  • Principal
  • Loan Balance
11530$0.0$500k$1.0M$1.5M$2.0M

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $3,200
EXPENSES Loan Payment -$2,564
Property Tax -$672
Property Insurance -$77
HOA -$325
Property Management Fees -$157
CASH FLOW
-$595

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.

$695,000

PROJECTED PRICE

$3,200

PROJECTED RENT

0.46%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 4.08%
Appreciation Year (1-5) 5.40%
Maintenance Year (1-5) 8.00%
Vacancy 5.81%
Length of Stay Years 2

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$189,925

INVESTMENT

$189,925

Down Payment
$173,750
Rehab Estimate
$5,750
Closing Costs
$10,425

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

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

$2,564

MONTHLY LOAN PAYMENT

30 yr
Term
4.25%
Interest
25.00%
Down Payment
Term 30 Years
Interest 4.25%
Down Payment $173,750
Loan Amount $521,250
See What Happens When You Reinvest Cash Flow

1.5

YEARS SAVED

$6,943

INTEREST SAVED

CASH FLOW REINVESTMENT

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

  • $3,200

    LIST RENT
  • $1.54

    LIST RENT PER SQFT
  • $3,263

    COMP ESTIMATED VALUE
  • $1.58

    COMP AVG. RENT PER SQFT
Comps Range
$2,900
1$2,9002$2,9503$3,0004$3,2005$3,650
$3,650
RENT COMPS ANALYSIS
  • 6560 E Circulo Dali Anaheim Hills, 4
    • 3 beds 3 baths ∙ 2,072 Sqft ∙ Built 1977 3 beds 3 baths ∙ 2,072 Sqft ∙ Built 1977
    • Rent
    • Rent Per SQFT
    •  
    • $3,200
    • $1.54
    •  
  • 6963 E Shorecrest Drive Anaheim Hills, 1
    • 3 beds 2 baths ∙ 1,766 Sqft ∙ Built 1976 3 beds 2 baths ∙ 1,766 Sqft ∙ Built 1976
    LEASED 04/01/19
    • Rent
    • Rent Per SQFT
    •  
    • $2,900
    • $1.64
    •  
  • 909 S Lake Summit Drive Anaheim Hills, 2
    • 4 beds 3 baths ∙ 1,887 Sqft ∙ Built 1976 4 beds 3 baths ∙ 1,887 Sqft ∙ Built 1976
    LEASED 01/10/20
    • Rent
    • Rent Per SQFT
    •  
    • $2,950
    • $1.56
    •  
  • 6584 E Paseo Diego Anaheim Hills, 3
    • 3 beds 3 baths ∙ 1,938 Sqft ∙ Built 1975 3 beds 3 baths ∙ 1,938 Sqft ∙ Built 1975
    LEASED 09/10/19
    • Rent
    • Rent Per SQFT
    •  
    • $3,000
    • $1.55
    •  
  • 990 S Calle Venado Anaheim Hills, 5
    • 4 beds 3 baths ∙ 2,358 Sqft ∙ Built 1976 4 beds 3 baths ∙ 2,358 Sqft ∙ Built 1976
    LEASED 02/23/20
    • Rent
    • Rent Per SQFT
    •  
    • $3,650
    • $1.55
    •  
PROPERTY LISTING DETAILS
Randolph De Zilwa
Keller Williams Signature
Darryl John Willis
1.866.250.5610
HomeUnion.com
Lic. BRE# 01526904
California Regional Multiple Listing Service ( CRMLS)
MLS #: TR20166459
Last Updated: 08/17/2020
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