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7533 E Moonridge Lane Anaheim Hills, CA 92808

4 Beds 3 Baths 1,952 sqft Built 1997

$875,000

List Price

$3,400

$3.2K - $3.7K

Rent Est.

PROPERTY INFO

FACTS
  • Built In 1997
  • Price/Sqft : $448.26
  • 12 Days on Market
  • MLS # : PW20224423
  • Updated Date : 11/02/2020 at 09:13
CONSTRUCTION
  • Beds : 4
  • Floor Size : 1,952 sqft
  • Baths : 2 full , 1 half
Listing Agent

Bhhs Ca Properties

Listing Agent's Description

Beautiful Home With Great Curb Appeal, Shows Pride Of Ownership, Located On a Single Loaded Street, Professionally Landscaped, Great Entry Hallway With Leaded Glass Door, 4 Bedrooms (4th Bedroom Is Currently Used As a Den and Does Not Have a Closet), Beautiful Travertine Flooring, Remodeled Kitchen With Granite Counter Tops and Stainless Steel Appliances, Nice Size Family Room With Gas Burning Fireplace and Built-In Entertainment Center, Breakfast Nook Area, White Wood Shutters, Nicely Remodeled Bathrooms, Master Suite Has Separate Tub & Shower and Walk-In Closet, Inside Laundry Room Area, Great Backyard With Huge Patio With Cover and Grassy Area, Stucco Fence All Around The Home, Rain Gutters, 3 Car Attached Garage With Direct Home Access, Beautiful Neighborhood In Close Proximity To Canyon Rim Elementary School, Public Parks, and Shopping Center

SEE MORE

MARKET HIGHLIGHTS

  • 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)
  • 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.

PRICE & RENT TRENDS

Neighborhood: The Highlands at Anaheim Hills

NeighborhoodNIR Market*CityMarket2010Year20002019250k300k350k400k450k500k550k600k650k700k750k800k850k900kPrice in $230k922k

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

Neighborhood: The Highlands at 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
Canyon Rim Elementary School Primary Regular 692 26 9
Canyon Rim Elementary School Middle Regular 692 26 9
Canyon High School High Regular 2,338 86 9

Canyon Rim Elementary School

  • Education Level: Primary
  • # of students: 692
  • # of teachers: 26
9
GreatSchools Rating

Canyon Rim Elementary School

  • Education Level: Middle
  • # of students: 692
  • # of teachers: 26
9
GreatSchools Rating

Canyon High School

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

$787,500$962,500$875,000

PURCHASE PRICE

$3,060$3,740$3,400

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $3,400
EXPENSES Loan Payment -$3,228
Property Tax -$835
Property Insurance -$74
HOA -$85
Property Management Fees -$167
CASH FLOW
-$989

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.

$875,000

PROJECTED PRICE

$3,400

PROJECTED RENT

0.39%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 4.08%
Appreciation Year (1-5) 4.6%
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$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$237,625

INVESTMENT

$237,625

Down Payment
$218,750
Rehab Estimate
$5,750
Closing Costs
$13,125

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

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

$3,228

MONTHLY LOAN PAYMENT

30 yr
Term
4.25%
Interest
25.00%
Down Payment
Term 30 Years
Interest 4.25%
Down Payment $218,750
Loan Amount $656,250
See What Happens When You Reinvest Cash Flow

0.67

YEARS SAVED

$2,822

INTEREST SAVED

CASH FLOW REINVESTMENT

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

  • $3,400

    LIST RENT
  • $1.74

    LIST RENT PER SQFT
  • $3,357

    COMP ESTIMATED VALUE
  • $1.72

    COMP AVG. RENT PER SQFT
Comps Range
$3,100
1$3,1002$3,2003$3,3954$3,4005$3,600
$3,600
RENT COMPS ANALYSIS
  • 7533 E Moonridge Lane Anaheim Hills, CA 4
    • 4 beds 3 baths ∙ 1,952 Sqft ∙ Built 1997 4 beds 3 baths ∙ 1,952 Sqft ∙ Built 1997
    property image
    • Rent
    • Rent Per SQFT
    •  
    • $3,400
    • $1.74
    •  
  • 918 S Dylan Way Anaheim Hills, CA 1
    • 3 beds 3 baths ∙ 1,709 Sqft ∙ Built 1995 3 beds 3 baths ∙ 1,709 Sqft ∙ Built 1995
    property image
    LEASED 02/25/20
    • Rent
    • Rent Per SQFT
    •  
    • $3,100
    • $1.81
    •  
  • 943 S Lone Pine Lane Anaheim Hills, CA 2
    • 3 beds 3 baths ∙ 1,979 Sqft ∙ Built 1990 3 beds 3 baths ∙ 1,979 Sqft ∙ Built 1990
    property image
    LEASED 10/01/20
    • Rent
    • Rent Per SQFT
    •  
    • $3,200
    • $1.62
    •  
  • 927 S Nicole Way Anaheim Hills, CA 3
    • 3 beds 3 baths ∙ 1,932 Sqft ∙ Built 1997 3 beds 3 baths ∙ 1,932 Sqft ∙ Built 1997
    property image
    LEASED 06/14/20
    • Rent
    • Rent Per SQFT
    •  
    • $3,395
    • $1.76
    •  
  • 1016 S Brianna Way Anaheim Hills, CA 5
    • 4 beds 3 baths ∙ 2,131 Sqft ∙ Built 1996 4 beds 3 baths ∙ 2,131 Sqft ∙ Built 1996
    property image
    LEASED 08/01/20
    • Rent
    • Rent Per SQFT
    •  
    • $3,600
    • $1.69
    •  
PROPERTY LISTING DETAILS
Ben Elahi
Bhhs Ca Properties
Darryl John Willis
1.866.250.5610
HomeUnion.com
Lic. BRE# 01526904
California Regional Multiple Listing Service ( CRMLS)
MLS #: PW20224423
Last Updated: 11/02/2020
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