Work with a dedicated Real Estate Advisor who will take your financial preferences and help you select and acquire properties that fit your criteria. Learn more

815 S Chantilly Street Anaheim, CA 92806

4 Beds 2 Baths 1,583 sqft Built 1962

$629,900

List Price

$2,870

$2.6K - $3.1K

Rent Est.

PROPERTY INFO

December 10, 2020 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 1962
  • Price/Sqft : $397.92
  • 4 Days on Market
  • MLS # : PW20255198
  • Updated Date : 12/10/2020 at 13:03
CONSTRUCTION
  • Beds : 4
  • Floor Size : 1,583 sqft
  • Baths : 2 full
Listing Agent

The Ryan Real Estate Group Inc

Listing Agent's Description

This 4 bedroom 2 bathroom house is ready for your creative ideas. The Master Bedroom includes 2 separate closets. The large Living Room is ideal for family to gather and enjoy, which includes a gas or wood burning fireplace. A separate Dining area is located off the kitchen. The Kitchen includes a breakfast bar. The backyard is situated for friends and guests to socialize. there are also selected fruit bearing trees along with a potential space that can be used as for a dog run or RV access on the north side of the house. The house is freeway close to the 57, 91 and Interstate 5. Close to several shopping, entertaining and dining areas. Come and see the possibilities.

SEE MORE

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 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.
  • Southern California area contributes to 55.3% of California state economy i.e. Gross State Product (USMayors.org, 2018)

PRICE & RENT TRENDS

Neighborhood: East Anaheim

NeighborhoodNIR Market*CityMarket2010Year20002019250k300k350k400k450k500k550k600k650k700kPrice in $212k742k

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

Neighborhood: East Anaheim

NeighborhoodNIR Market*CityMarket2010Year2000 Q22019 Q2160018002000220024002600280030003200Rent in $15943345

* 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
Juarez Elementary School Primary Regular 730 25 3
Juarez Elementary School Middle Regular 730 25 3
Katella High School High Regular 2,692 92 4

Juarez Elementary School

  • Education Level: Primary
  • # of students: 730
  • # of teachers: 25
3
GreatSchools Rating

Juarez Elementary School

  • Education Level: Middle
  • # of students: 730
  • # of teachers: 25
3
GreatSchools Rating

Katella High School

  • Education Level: High
  • # of students: 2,692
  • # of teachers: 92
4
GreatSchools Rating
 

$566,910$692,890$629,900

PURCHASE PRICE

$2,583$3,157$2,870

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $2,870
EXPENSES Loan Payment -$2,324
Property Tax -$648
Property Insurance -$65
Property Management Fees -$141
CASH FLOW
-$308

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.

$629,900

PROJECTED PRICE

$2,870

PROJECTED RENT

0.46%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 4.42%
Appreciation Year (1-5) 7.1%
Maintenance Year (1-5) 8.00%
Vacancy 4.35%
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-$5.0k$0.0$5.0k$10k$15k$20k$25k

PROJECTED PROPERTY VALUE

30 YEAR PROJECTION

  • Appreciation
  • Principal
  • Loan Balance
11530$0.0$200k$400k$600k$800k$1.0M$1.2M$1.4M$1.6M$1.8M

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$172,674

INVESTMENT

$172,674

Down Payment
$157,475
Rehab Estimate
$5,750
Closing Costs
$9,449

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

A 55% down payment or higher enables the proceeds from the asset to cover all costs.

$2,324

MONTHLY LOAN PAYMENT

30 yr
Term
4.25%
Interest
25.00%
Down Payment
Term 30 Years
Interest 4.25%
Down Payment $157,475
Loan Amount $472,425
See What Happens When You Reinvest Cash Flow

4.08

YEARS SAVED

$28,384

INTEREST SAVED

CASH FLOW REINVESTMENT

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

  • $2,870

    LIST RENT
  • $1.81

    LIST RENT PER SQFT
  • $2,952

    COMP ESTIMATED VALUE
  • $1.87

    COMP AVG. RENT PER SQFT
Comps Range
$2,750
1$2,7502$2,7953$2,8704$2,9005$3,000
$3,000
RENT COMPS ANALYSIS
  • 815 S Chantilly Street Anaheim, CA 3
    • 4 beds 2 baths ∙ 1,583 Sqft ∙ Built 1962 4 beds 2 baths ∙ 1,583 Sqft ∙ Built 1962
    • Rent
    • Rent Per SQFT
    •  
    • $2,870
    • $1.81
    •  
  • 141 S Beth Circle Anaheim, CA 1
    • 3 beds 2 baths ∙ 1,387 Sqft ∙ Built 1969 3 beds 2 baths ∙ 1,387 Sqft ∙ Built 1969
    LEASED 06/28/19
    • Rent
    • Rent Per SQFT
    •  
    • $2,750
    • $1.98
    •  
  • 2232 E North Redwood Drive Anaheim, CA 2
    • 3 beds 2 baths ∙ 1,548 Sqft ∙ Built 1956 3 beds 2 baths ∙ 1,548 Sqft ∙ Built 1956
    LEASED 10/08/19
    • Rent
    • Rent Per SQFT
    •  
    • $2,795
    • $1.81
    •  
  • 2708 E Lizbeth Avenue Anaheim, CA 4
    • 3 beds 2 baths ∙ 1,574 Sqft ∙ Built 1962 3 beds 2 baths ∙ 1,574 Sqft ∙ Built 1962
    LEASED 12/08/19
    • Rent
    • Rent Per SQFT
    •  
    • $2,900
    • $1.84
    •  
  • 879 S Wayside Street Anaheim, CA 5
    • 4 beds 1 baths ∙ 1,639 Sqft ∙ Built 1959 4 beds 1 baths ∙ 1,639 Sqft ∙ Built 1959
    LEASED 11/15/20
    • Rent
    • Rent Per SQFT
    •  
    • $3,000
    • $1.83
    •  
PROPERTY LISTING DETAILS
Ryan Christensen
The Ryan Real Estate Group Inc
Darryl John Willis
1.866.250.5610
HomeUnion.com
Lic. BRE# 01526904
California Regional Multiple Listing Service ( CRMLS)
MLS #: PW20255198
Last Updated: 12/10/2020
BESbswy