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9548 Jurupa Road Jurupa Valley, CA 92509

3 Beds 2 Baths 1,450 sqft Built 1972

$565,000

List Price

$2,110

$1.9K - $2.3K

Rent Est.

PROPERTY INFO

January 16, 2021 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 1972
  • Price/Sqft : $389.66
  • 2 Days on Market
  • MLS # : IG21010190
  • Updated Date : 01/16/2021 at 11:29
CONSTRUCTION
  • Beds : 3
  • Floor Size : 1,450 sqft
  • Baths : 2 full
Listing Agent

Adobe Country Realty

Listing Agent's Description

Great Ranch Style home in Front with large front and back yard. Patio for summer nights. Home has 2 car garage. Property is fenced. Back studio unit is Great also with bath and good kitchen area. Private front yard and small storage for the back unit. Sold in as is condition thought the Trust. Please use trust forms.

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]
  • 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, Inland Empire market inherits all the benefits from the area.
  • 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)
  • 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)

PRICE & RENT TRENDS

Neighborhood: Sparrland

NeighborhoodNIR Market*CityMarket2010Year20002019150k200k250k300k350k400k450kPrice in $116k484k

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

Neighborhood: Sparrland

NeighborhoodNIR Market*CityMarket2010Year2000 Q22019 Q2900100011001200130014001500160017001800190020002100Rent in $8792101

* 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
Van Buren Elementary School Primary Regular 623 25 2
Mira Loma Middle School Middle Regular 860 35 3
Jurupa Valley High School High Regular 1,608 65 4

Van Buren Elementary School

  • Education Level: Primary
  • # of students: 623
  • # of teachers: 25
2
GreatSchools Rating

Mira Loma Middle School

  • Education Level: Middle
  • # of students: 860
  • # of teachers: 35
3
GreatSchools Rating

Jurupa Valley High School

  • Education Level: High
  • # of students: 1,608
  • # of teachers: 65
4
GreatSchools Rating
 

$508,500$621,500$565,000

PURCHASE PRICE

$1,899$2,321$2,110

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $2,110
EXPENSES Loan Payment -$1,962
Property Tax -$533
Property Insurance -$62
Property Management Fees -$124
CASH FLOW
-$572

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.

$565,000

PROJECTED PRICE

$2,110

PROJECTED RENT

0.37%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 3.76%
Appreciation Year (1-5) 8.5%
Maintenance Year (1-5) 8.00%
Vacancy 5.41%
Length of Stay Years 2

PROJECTED ACCUMULATED WEALTH

30 YEAR PROJECTION

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

PROJECTED ANNUAL CASH FLOW

11530-$10k-$5.0k$0.0$5.0k$10k

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$155,475

INVESTMENT

$155,475

Down Payment
$141,250
Rehab Estimate
$5,750
Closing Costs
$8,475

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

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

$1,962

MONTHLY LOAN PAYMENT

30 yr
Term
3.75%
Interest
25.00%
Down Payment
Term 30 Years
Interest 3.75%
Down Payment $141,250
Loan Amount $423,750
See What Happens When You Reinvest Cash Flow

0.67

YEARS SAVED

$1,630

INTEREST SAVED

CASH FLOW REINVESTMENT

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

  • $2,110

    LIST RENT
  • $1.46

    LIST RENT PER SQFT
  • $1,900

    COMP ESTIMATED VALUE
  • $1.31

    COMP AVG. RENT PER SQFT
Comps Range
$2,110
1$2,1102$2,1503$2,250
$2,250
RENT COMPS ANALYSIS
  • 9548 Jurupa Road Jurupa Valley, CA 1
    • 3 beds 2 baths ∙ 1,450 Sqft ∙ Built 1972 3 beds 2 baths ∙ 1,450 Sqft ∙ Built 1972
    • Rent
    • Rent Per SQFT
    •  
    • $2,110
    • $1.46
    •  
  • 5671 Northwood Drive Jurupa Valley, CA 2
    • 4 beds 3 baths ∙ 1,725 Sqft ∙ Built 1984 4 beds 3 baths ∙ 1,725 Sqft ∙ Built 1984
    LEASED 09/09/19
    • Rent
    • Rent Per SQFT
    •  
    • $2,150
    • $1.25
    •  
  • 9524 52nd Street Jurupa Valley, CA 3
    • 4 beds 2 baths ∙ 1,648 Sqft ∙ Built 1968 4 beds 2 baths ∙ 1,648 Sqft ∙ Built 1968
    LEASED 12/08/20
    • Rent
    • Rent Per SQFT
    •  
    • $2,250
    • $1.37
    •  
PROPERTY LISTING DETAILS
Vivian Motz
Adobe Country Realty
Darryl John Willis
1.866.250.5610
HomeUnion.com
Lic. BRE# 01526904
California Regional Multiple Listing Service ( CRMLS)
MLS #: IG21010190
Last Updated: 01/16/2021
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