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6587 E Circulo Dali 
Anaheim Hills, CA
92807
4 Beds 3 Baths 2,256 sqft
Built 1977
INVESTimate
$709,888
List Price
$193,870
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PROPERTY INFO
FACTS
- Built In 1977
- Price/Sqft : $314.67
- 3 Days on Market
- MLS # : OC20174017
- Updated Date : 08/25/2020 at 12:39
CONSTRUCTION
- Beds : 4
- Floor Size : 2,256 sqft
- Baths : 2 full , 1 half
Listing Agent
Keller Williams Realty Irvine
Listing Agent's Description
This End Unit 4 Bedroom 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. Door double entry leads you to living room with soaring ceilings, gas fireplace and formal dining area.Spacious kitchen has stainless steel appliances and granite counter tops. Spanish pavers upstairs and downstairs. Main floor includes 1 bedroom (currently used as an office) and bath and separate laundry room. Upstairs spacious master bedroom with vaulted ceiling, private balcony with fabulous view of lush greenery. The two car garage features plenty of storage space! Close proximity to golf course, hiking trails, shopping centers, restaurants and 55/91 Freeways. Community amenities include gated club house, BBQ area, pool and jacuzzi.
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MARKET HIGHLIGHTS
- 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 area contributes to 55.3% of California state economy i.e. Gross State Product (USMayors.org, 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)
- As part of Southern California area, Orange County market inherits all the benefits from the area.
- 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)
PRICE & RENT TRENDS
Neighborhood: Anaheim Hills
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
Neighborhood: Anaheim Hills
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
SCHOOLS
PROJECTED ACCUMULATED WEALTH
30 YEAR PROJECTION
- Cash Flow
- Appreciation
- Principal
PROJECTED ANNUAL CASH FLOW
PROJECTED PROPERTY VALUE
30 YEAR PROJECTION
- Appreciation
- Principal
- Loan Balance
FINANCIALS
PROJECTED BASIC MONTHLY INCOME STATEMENT
| INCOME | Rent | $3,500 |
| EXPENSES | Loan Payment | -$2,619 |
| Property Tax | -$686 | |
| Property Insurance | -$82 | |
| HOA | -$325 | |
| Property Management Fees | -$172 | |
|
CASH FLOW
-$383
|
||
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.
$709,888
PROJECTED PRICE
$3,500
PROJECTED RENT
0.49%
PROJECTED RENT / PRICE RATIO
| 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
INVESTMENT
$193,870
LOAN DETAILS
$2,619
MONTHLY LOAN PAYMENT
| Term | 30 Years |
| Interest | 4.25% |
| Down Payment | $177,472 |
| Loan Amount | $532,416 |
2.92
YEARS SAVED
$19,840
INTEREST SAVED
CASH FLOW REINVESTMENT
The time & interest saved by applying each month's positive cash flow towards loan principal pay down.
-
$3,500
LIST RENT -
$1.55
LIST RENT PER SQFT
-
$3,548
COMP ESTIMATED VALUE -
$1.57
COMP AVG. RENT PER SQFT
Comps Range
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6587 E Circulo Dali Anaheim Hills, 3
- 4 beds 3 baths ∙ 2,256 Sqft ∙ Built 1977 4 beds 3 baths ∙ 2,256 Sqft ∙ Built 1977
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- Rent
- Rent Per SQFT
- $3,500
- $1.55
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6584 E Paseo Diego Anaheim Hills, 1
- 3 beds 3 baths ∙ 1,938 Sqft ∙ Built 1975 3 beds 3 baths ∙ 1,938 Sqft ∙ Built 1975
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LEASED 09/10/19- Rent
- Rent Per SQFT
- $3,000
- $1.55
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7384 E Singingwood Drive Anaheim Hills, 2
- 3 beds 3 baths ∙ 2,054 Sqft ∙ Built 1978 3 beds 3 baths ∙ 2,054 Sqft ∙ Built 1978
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LEASED 06/27/19- Rent
- Rent Per SQFT
- $3,200
- $1.56
-
990 S Calle Venado Anaheim Hills, 4
- 4 beds 3 baths ∙ 2,358 Sqft ∙ Built 1976 4 beds 3 baths ∙ 2,358 Sqft ∙ Built 1976
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LEASED 02/23/20- Rent
- Rent Per SQFT
- $3,650
- $1.55
-
6840 E Georgetown Circle Anaheim Hills, 5
- 4 beds 1 baths ∙ 2,456 Sqft ∙ Built 1977 4 beds 1 baths ∙ 2,456 Sqft ∙ Built 1977
![property image]()
LEASED 08/20/20- Rent
- Rent Per SQFT
- $4,000
- $1.63
PROPERTY LISTING DETAILS
Keller Williams Realty Irvine
1.866.250.5610
HomeUnion.com
Lic. BRE# 01526904
MLS #: OC20174017
Last Updated: 08/25/2020
