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8190 Peppertree Lane Cypress, CA 90630

4 Beds 3 Baths 2,610 sqft Built 2000

$950,000

List Price

$4,020

$3.8K - $4.3K

Rent Est.

PROPERTY INFO

January 14, 2021 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 2000
  • Price/Sqft : $363.98
  • 5 Days on Market
  • MLS # : LG21008074
  • Updated Date : 01/14/2021 at 12:35
CONSTRUCTION
  • Beds : 4
  • Floor Size : 2,610 sqft
  • Baths : 3 full
Listing Agent

Platinum Real Estate Group

Listing Agent's Description

Great home in a nice neighborhood!! 4 bedrooms, 3 bathrooms, 3 car garage, front and rear yards, with plenty of parking! Great home for entertaining and exclusive area. Quiet and peaceful neighborhood close to schools, shopping, freeways, and much more! Must see to appreciate this home!

SEE MORE

MARKET HIGHLIGHTS

  • 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)
  • 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)

PRICE & RENT TRENDS

Neighborhood: Cypress

NeighborhoodNIR Market*CityMarket2010Year20002019250k300k350k400k450k500k550k600k650k700kPrice in $243k742k

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

Neighborhood: Cypress

NeighborhoodNIR Market*CityMarket2010Year2000 Q22019 Q22000220024002600280030003200Rent in $18413345

* 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
Steve Luther Elementary School Primary Regular 515 19 7
Steve Luther Elementary School Middle Regular 515 19 7
John F. Kennedy High School High Regular 2,373 81 9

Steve Luther Elementary School

  • Education Level: Primary
  • # of students: 515
  • # of teachers: 19
7
GreatSchools Rating

Steve Luther Elementary School

  • Education Level: Middle
  • # of students: 515
  • # of teachers: 19
7
GreatSchools Rating

John F. Kennedy High School

  • Education Level: High
  • # of students: 2,373
  • # of teachers: 81
9
GreatSchools Rating
 

$855,000$1,045,000$950,000

PURCHASE PRICE

$3,618$4,422$4,020

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $4,020
EXPENSES Loan Payment -$3,300
Property Tax -$958
Property Insurance -$90
Property Management Fees -$197
CASH FLOW
-$525

This is the estimated cash flow generated during a typical maintenance-free month. It is recommended that investors set aside 13% of earned rent to cover both maintenance and periods of vacancy.

$950,000

PROJECTED PRICE

$4,020

PROJECTED RENT

0.42%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 4.24%
Appreciation Year (1-5) 6.3%
Maintenance Year (1-5) 8.00%
Vacancy 5.38%
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-$10k$0.0$10k$20k$30k

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$257,500

INVESTMENT

$257,500

Down Payment
$237,500
Rehab Estimate
$5,750
Closing Costs
$14,250

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

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

$3,300

MONTHLY LOAN PAYMENT

30 yr
Term
3.75%
Interest
25.00%
Down Payment
Term 30 Years
Interest 3.75%
Down Payment $237,500
Loan Amount $712,500
See What Happens When You Reinvest Cash Flow

3.17

YEARS SAVED

$24,286

INTEREST SAVED

CASH FLOW REINVESTMENT

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

  • $4,020

    LIST RENT
  • $1.54

    LIST RENT PER SQFT
  • $4,032

    COMP ESTIMATED VALUE
  • $1.55

    COMP AVG. RENT PER SQFT
Comps Range
$3,500
1$3,5002$3,8853$3,9504$4,0205$4,500
$4,500
RENT COMPS ANALYSIS
  • 8190 Peppertree Lane Cypress, CA 4
    • 4 beds 3 baths ∙ 2,610 Sqft ∙ Built 2000 4 beds 3 baths ∙ 2,610 Sqft ∙ Built 2000
    • Rent
    • Rent Per SQFT
    •  
    • $4,020
    • $1.54
    •  
  • 5351 Bridgewood Drive La Palma, CA 1
    • 4 beds 3 baths ∙ 2,341 Sqft ∙ Built 1983 4 beds 3 baths ∙ 2,341 Sqft ∙ Built 1983
    LEASED 12/03/19
    • Rent
    • Rent Per SQFT
    •  
    • $3,500
    • $1.50
    •  
  • 5612 Sprague Avenue Cypress, CA 2
    • 4 beds 3 baths ∙ 2,582 Sqft ∙ Built 2005 4 beds 3 baths ∙ 2,582 Sqft ∙ Built 2005
    LEASED 09/01/20
    • Rent
    • Rent Per SQFT
    •  
    • $3,885
    • $1.50
    •  
  • 4572 Kathy Drive La Palma, CA 3
    • 5 beds 3 baths ∙ 2,431 Sqft ∙ Built 1995 5 beds 3 baths ∙ 2,431 Sqft ∙ Built 1995
    LEASED 11/27/19
    • Rent
    • Rent Per SQFT
    •  
    • $3,950
    • $1.62
    •  
  • 5636 Orchid Way Cypress, CA 5
    • 4 beds 4 baths ∙ 2,892 Sqft ∙ Built 2016 4 beds 4 baths ∙ 2,892 Sqft ∙ Built 2016
    LEASED 08/24/20
    • Rent
    • Rent Per SQFT
    •  
    • $4,500
    • $1.56
    •  
PROPERTY LISTING DETAILS
Alan Cirson
Platinum Real Estate Group
Darryl John Willis
1.866.250.5610
HomeUnion.com
Lic. BRE# 01526904
California Regional Multiple Listing Service ( CRMLS)
MLS #: LG21008074
Last Updated: 01/14/2021
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