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75 Village Loop Road Phillips Ranch, CA 91766

4 Beds 2 Baths 2,063 sqft Built 1981

$838,000

List Price

$2,800

$2.6K - $3.1K

Rent Est.

PROPERTY INFO

SINGLE-FAMILY
March 25, 2021 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 1981
  • Price/Sqft : $406.20
  • 4 Days on Market
  • MLS # : TR21062624
  • Updated Date : 03/26/2021 at 05:23
CONSTRUCTION
  • Beds : 4
  • Floor Size : 2,063 sqft
  • Baths : 2 full
Listing Agent

Coldwell Banker Tri-counties R

Listing Agent's Description

Well maintained and ready for your enjoyment- a rarely available one story pool home in the Marlborough subdivision of wonderful Phillips Ranch. Known as "The Hacienda" floorplan, this single story comprises a spacious 2063 sf on a private corner lot of 8199 sf. Currently configured as a 3 bedroom w/an office (or master suite retreat), it could be converted to a 4 bedroom. Last available 19 years ago, the owner is moving out of state. The double door entry opens to a raised travertine floored foyer. High ceilings through the formal living & dining rooms, along w/beautiful wood floors & a warm fireplace. Polished travertine floors grace the family room & kitchen. The family room is open to the kitchen. Newer hardwood oak cabinets in the kitchen, granite counter tops, built in gas cook top, microwave & oven. Abundant natural light and additional recessed lighting. Wood flooring in the hallway to the bedrooms, newly painted linen cabinets. Stunning master bedroom w/double door entry & a luxurious bathroom. Twin shower heads in the stone tiled walk-in shower, custom arched art niches above the twin sinks & sit down makeup vanity. A large walk in closet with mirrored doors. Entertainers dream back yard with a sparkling pool and spa, two stage energy saving pump, ample seating areas, retractable awning, large lawn area- & very private- no neighbors looking into the yard. Cool man cave garage w/cabinets & custom floor. Award winning schools shared w/ N. Diamond Bar.

SEE MORE

MARKET HIGHLIGHTS

  • 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 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 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]
  • As part of Southern California area, Los Angeles 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)
  • 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: Pomona

NeighborhoodNIR Market*CityMarket2010Year20002019150k200k250k300k350k400k450k500k550k600kPrice in $138k622k

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

Neighborhood: Pomona

NeighborhoodNIR Market*CityMarket2010Year2000 Q42019 Q214001600180020002200240026002800Rent in $12562941

* 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
Lorbeer Middle School Middle Regular 754 29 6
Diamond Ranch High School High Regular 1,791 70 7
Lorbeer Middle School Middle Unknown NA

Lorbeer Middle School

  • Education Level: Middle
  • # of students: 754
  • # of teachers: 29
6
GreatSchools Rating

Diamond Ranch High School

  • Education Level: High
  • # of students: 1,791
  • # of teachers: 70
7
GreatSchools Rating

Lorbeer Middle School

  • Education Level: Middle
  • # of students:
  • # of teachers:
NA
GreatSchools Rating
 

$754,200$921,800$838,000

PURCHASE PRICE

$2,520$3,080$2,800

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $2,800
EXPENSES Loan Payment -$2,911
Property Tax -$924
Property Insurance -$77
Property Management Fees -$137
CASH FLOW
-$1,248

This is the estimated cash flow generated during a typical maintenance-free month. It is recommended that investors set aside 12% of earned rent to cover both maintenance and periods of vacancy.

$838,000

PROJECTED PRICE

$2,800

PROJECTED RENT

0.33%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 4.35%
Appreciation Year (1-5) 7.8%
Maintenance Year (1-5) 8.00%
Vacancy 4.14%
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$2.5M

PROJECTED ANNUAL CASH FLOW

11530-$20k-$15k-$10k-$5.0k$0.0$5.0k

PROJECTED PROPERTY VALUE

30 YEAR PROJECTION

  • Appreciation
  • Principal
  • Loan Balance
11530$0.0$500k$1.0M$1.5M$2.0M$2.5M

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$227,820

INVESTMENT

$227,820

Down Payment
$209,500
Rehab Estimate
$5,750
Closing Costs
$12,570

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

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

$2,911

MONTHLY LOAN PAYMENT

30 yr
Term
3.75%
Interest
25.00%
Down Payment
Term 30 Years
Interest 3.75%
Down Payment $209,500
Loan Amount $628,500
See What Happens When You Reinvest Cash Flow

0.17

YEARS SAVED

$115

INTEREST SAVED

CASH FLOW REINVESTMENT

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

  • $2,800

    LIST RENT
  • $1.36

    LIST RENT PER SQFT
  • $2,811

    COMP ESTIMATED VALUE
  • $1.36

    COMP AVG. RENT PER SQFT
Comps Range
$2,600
1$2,6002$2,8003$2,8004$2,8005$3,200
$3,200
RENT COMPS ANALYSIS
  • 75 Village Loop Road Phillips Ranch, CA 4
    • 4 beds 2 baths ∙ 2,063 Sqft ∙ Built 1981 4 beds 2 baths ∙ 2,063 Sqft ∙ Built 1981
    • Rent
    • Rent Per SQFT
    •  
    • $2,800
    • $1.36
    •  
  • 10 Falcon Ridge Drive Phillips Ranch, CA 1
    • 4 beds 3 baths ∙ 1,956 Sqft ∙ Built 1985 4 beds 3 baths ∙ 1,956 Sqft ∙ Built 1985
    LEASED 09/03/20
    • Rent
    • Rent Per SQFT
    •  
    • $2,600
    • $1.33
    •  
  • 18 Canyon Rim Road Phillips Ranch, CA 2
    • 4 beds 2 baths ∙ 1,938 Sqft ∙ Built 1980 4 beds 2 baths ∙ 1,938 Sqft ∙ Built 1980
    LEASED 12/01/19
    • Rent
    • Rent Per SQFT
    •  
    • $2,800
    • $1.44
    •  
  • 2 Portola Court Phillips Ranch, CA 3
    • 3 beds 3 baths ∙ 2,229 Sqft ∙ Built 1991 3 beds 3 baths ∙ 2,229 Sqft ∙ Built 1991
    LEASED 03/25/20
    • Rent
    • Rent Per SQFT
    •  
    • $2,800
    • $1.26
    •  
  • 1 San Raphael Place Pomona, CA 5
    • 4 beds 4 baths ∙ 2,260 Sqft ∙ Built 1990 4 beds 4 baths ∙ 2,260 Sqft ∙ Built 1990
    LEASED 03/19/21
    • Rent
    • Rent Per SQFT
    •  
    • $3,200
    • $1.42
    •  
PROPERTY LISTING DETAILS
Ty Courtney Wallace
Coldwell Banker Tri-counties R
Darryl John Willis
1.866.250.5610
HomeUnion.com
Lic. BRE# 01526904
California Regional Multiple Listing Service ( CRMLS)
MLS #: TR21062624
Last Updated: 03/26/2021
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