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906 S Dylan Way Anaheim Hills, CA 92808

3 Beds 2 Baths 1,706 sqft Built 1994

$894,900

List Price

$3,010

$2.8K - $3.3K

Rent Est.

PROPERTY INFO

SINGLE-FAMILY
March 21, 2021 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 1994
  • Price/Sqft : $524.56
  • 8 Days on Market
  • MLS # : PW21058822
  • Updated Date : 03/26/2021 at 09:40
CONSTRUCTION
  • Beds : 3
  • Floor Size : 1,706 sqft
  • Baths : 1 full , 1 half
Listing Agent

Keller Williams Realty

Listing Agent's Description

Here's your chance to own a slice of paradise in this remodeled Highlands home located on desirable cul-de-sac with an over-sized private lot. Designed with entertaining in mind and featuring an open floor plan with 3BR + 2.5BA & one of the largest lots in the tract, you won't want to miss the opportunity to call this home yours! You'll find designer touches in the chef-quality kitchen centered around the DCS range and all stainless steel appliances, including a double oven, built-in microwave, dishwasher & WINE FRIDGE. Other interior features include: crown molding, solid-surface countertops, custom kitchen cabinets & a farmhouse sink. The 3 upstairs bedrooms are highlighted by the Master bedroom which overlooks the private back yard. The master bathroom features an upgraded tiled shower, soaking tub & his & hers sinks. With a north-facing location and plenty of afternoon sun, the possibilities are almost endless! Walking distance to trails, dining & shopping, it also offers easy access to the 91/55/71 freeways & the 241 toll road. Award winning schools including Canyon Rim, El Rancho Charter School & Canyon High School. Submit your offer today!

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: 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
El Rancho Charter School Middle Charter 1,186 41 9
Canyon High School High Regular 2,338 86 9

El Rancho Charter School

  • Education Level: Middle
  • # of students: 1,186
  • # of teachers: 41
9
GreatSchools Rating

Canyon High School

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

$805,410$984,390$894,900

PURCHASE PRICE

$2,709$3,311$3,010

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $3,010
EXPENSES Loan Payment -$3,108
Property Tax -$854
Property Insurance -$68
HOA -$85
Property Management Fees -$147
CASH FLOW
-$1,253

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.

$894,900

PROJECTED PRICE

$3,010

PROJECTED RENT

0.34%

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$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$242,899

INVESTMENT

$242,899

Down Payment
$223,725
Rehab Estimate
$5,750
Closing Costs
$13,424

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

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

$3,108

MONTHLY LOAN PAYMENT

30 yr
Term
3.75%
Interest
25.00%
Down Payment
Term 30 Years
Interest 3.75%
Down Payment $223,725
Loan Amount $671,175
See What Happens When You Reinvest Cash Flow

0.17

YEARS SAVED

$121

INTEREST SAVED

CASH FLOW REINVESTMENT

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

  • $3,010

    LIST RENT
  • $1.76

    LIST RENT PER SQFT
  • $3,352

    COMP ESTIMATED VALUE
  • $1.97

    COMP AVG. RENT PER SQFT
Comps Range
$3,000
1$3,0002$3,0103$3,5004$3,5005$3,500
$3,500
RENT COMPS ANALYSIS
  • 906 S Dylan Way Anaheim Hills, CA 2
    • 3 beds 3 baths ∙ 1,706 Sqft ∙ Built 1994 3 beds 3 baths ∙ 1,706 Sqft ∙ Built 1994
    property image
    • Rent
    • Rent Per SQFT
    •  
    • $3,010
    • $1.76
    •  
  • 7887 E Horizon View Drive Anaheim Hills, CA 1
    • 3 beds 3 baths ∙ 1,611 Sqft ∙ Built 1994 3 beds 3 baths ∙ 1,611 Sqft ∙ Built 1994
    property image
    LEASED 03/01/21
    • Rent
    • Rent Per SQFT
    •  
    • $3,000
    • $1.86
    •  
  • 922 S Dylan Way Anaheim Hills, CA 3
    • 3 beds 3 baths ∙ 1,700 Sqft ∙ Built 1994 3 beds 3 baths ∙ 1,700 Sqft ∙ Built 1994
    property image
    LEASED 06/06/20
    • Rent
    • Rent Per SQFT
    •  
    • $3,500
    • $2.06
    •  
  • 7857 E Rainview Court Anaheim Hills, CA 4
    • 3 beds 3 baths ∙ 1,748 Sqft ∙ Built 1990 3 beds 3 baths ∙ 1,748 Sqft ∙ Built 1990
    property image
    LEASED 09/12/20
    • Rent
    • Rent Per SQFT
    •  
    • $3,500
    • $2.00
    •  
  • 983 S Natalie Lane Anaheim Hills, CA 5
    • 4 beds 3 baths ∙ 1,808 Sqft ∙ Built 1995 4 beds 3 baths ∙ 1,808 Sqft ∙ Built 1995
    property image
    LEASED 02/18/21
    • Rent
    • Rent Per SQFT
    •  
    • $3,500
    • $1.94
    •  
PROPERTY LISTING DETAILS
Mark Martinelli
Keller Williams Realty
Darryl John Willis
1.866.250.5610
HomeUnion.com
Lic. BRE# 01526904
California Regional Multiple Listing Service ( CRMLS)
MLS #: PW21058822
Last Updated: 03/26/2021
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