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1 Saint Georges Court Coto De Caza, CA 92679

4 Beds 3 Baths 2,250 sqft Built 1995

$949,000

List Price

$4,010

$3.8K - $4.3K

Rent Est.

PROPERTY INFO

SINGLE-FAMILY
March 17, 2021 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 1995
  • Price/Sqft : $421.78
  • 5 Days on Market
  • MLS # : OC21055755
  • Updated Date : 03/17/2021 at 15:33
CONSTRUCTION
  • Beds : 4
  • Floor Size : 2,250 sqft
  • Baths : 2 full , 1 half
Listing Agent

Re/max Real Estate Group

Listing Agent's Description

This 4 bedroom home is situated on a cul-de sac corner lot with a pool size yard that can be customized to your exact needs. The downstairs features an open floor plan that flows from the Living/Dining Rooms directly into the Kitchen and family room. This home is decorated to perfection and has upgrades throughout the house including gorgeous wood floors, crown molding, dual windows and more. The upstairs bonus room could also easily be converted into a 5th bedroom or private home office. The expansive backyard features custom hardscape, mature landscaping and plenty of room for entertaining. Wide sideyards on both sides of the house provide additional privacy and could easily be converted into a dog run. No mello roos=low tax rate.

SEE MORE

MARKET HIGHLIGHTS

  • 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)
  • 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)

PRICE & RENT TRENDS

Neighborhood: Chantemar

NeighborhoodNIR Market*CityMarket2010Year20002019300k400k500k600k700k800k900k1000k1100k1200k1300kPrice in $272k1369k

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

Neighborhood: Chantemar

NeighborhoodNIR Market*CityMarket2010Year2000 Q22019 Q220002500300035004000450050005500Rent in $19815510

* 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
Wagon Wheel Elementary School Primary Regular 554 18 10
Las Flores Middle School Middle Regular 1,053 40 9
Tesoro High School High Regular 2,355 89 9

Wagon Wheel Elementary School

  • Education Level: Primary
  • # of students: 554
  • # of teachers: 18
10
GreatSchools Rating

Las Flores Middle School

  • Education Level: Middle
  • # of students: 1,053
  • # of teachers: 40
9
GreatSchools Rating

Tesoro High School

  • Education Level: High
  • # of students: 2,355
  • # of teachers: 89
9
GreatSchools Rating
 

$854,100$1,043,900$949,000

PURCHASE PRICE

$3,609$4,411$4,010

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $4,010
EXPENSES Loan Payment -$3,296
Property Tax -$800
Property Insurance -$81
HOA -$255
Property Management Fees -$196
CASH FLOW
-$619

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.

$949,000

PROJECTED PRICE

$4,010

PROJECTED RENT

0.42%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 4.08%
Appreciation Year (1-5) 3.8%
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-$15k-$10k-$5.0k$0.0$5.0k$10k$15k$20k$25k

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$257,235

INVESTMENT

$257,235

Down Payment
$237,250
Rehab Estimate
$5,750
Closing Costs
$14,235

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

A 60% down payment or higher enables the proceeds from the asset to cover all costs.

$3,296

MONTHLY LOAN PAYMENT

30 yr
Term
3.75%
Interest
25.00%
Down Payment
Term 30 Years
Interest 3.75%
Down Payment $237,250
Loan Amount $711,750
See What Happens When You Reinvest Cash Flow

2.33

YEARS SAVED

$15,989

INTEREST SAVED

CASH FLOW REINVESTMENT

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

  • $4,010

    LIST RENT
  • $1.78

    LIST RENT PER SQFT
  • $4,028

    COMP ESTIMATED VALUE
  • $1.79

    COMP AVG. RENT PER SQFT
Comps Range
$3,850
1$3,8502$4,0103$4,0504$4,2005$4,300
$4,300
RENT COMPS ANALYSIS
  • 1 Saint Georges Court Coto De Caza, CA 2
    • 4 beds 3 baths ∙ 2,250 Sqft ∙ Built 1995 4 beds 3 baths ∙ 2,250 Sqft ∙ Built 1995
    • Rent
    • Rent Per SQFT
    •  
    • $4,010
    • $1.78
    •  
  • 53 Bogey Lane Coto De Caza, CA 1
    • 3 beds 3 baths ∙ 2,300 Sqft ∙ Built 1995 3 beds 3 baths ∙ 2,300 Sqft ∙ Built 1995
    LEASED 03/31/20
    • Rent
    • Rent Per SQFT
    •  
    • $3,850
    • $1.67
    •  
  • 34 Apache Drive Trabuco Canyon, CA 3
    • 5 beds 3 baths ∙ 2,367 Sqft ∙ Built 1996 5 beds 3 baths ∙ 2,367 Sqft ∙ Built 1996
    LEASED 02/14/21
    • Rent
    • Rent Per SQFT
    •  
    • $4,050
    • $1.71
    •  
  • 105 Frontier Street Trabuco Canyon, CA 4
    • 5 beds 4 baths ∙ 2,296 Sqft ∙ Built 1997 5 beds 4 baths ∙ 2,296 Sqft ∙ Built 1997
    LEASED 12/02/20
    • Rent
    • Rent Per SQFT
    •  
    • $4,200
    • $1.83
    •  
  • 18 Dornoch Way Coto De Caza, CA 5
    • 4 beds 3 baths ∙ 2,200 Sqft ∙ Built 1996 4 beds 3 baths ∙ 2,200 Sqft ∙ Built 1996
    LEASED 11/16/20
    • Rent
    • Rent Per SQFT
    •  
    • $4,300
    • $1.95
    •  
PROPERTY LISTING DETAILS
Donnie Bowen
Re/max Real Estate Group
Darryl John Willis
1.866.250.5610
HomeUnion.com
Lic. BRE# 01526904
California Regional Multiple Listing Service ( CRMLS)
MLS #: OC21055755
Last Updated: 03/17/2021
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