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

11955 Dapple Way San Diego, CA 92128

5 Beds 3 Baths 2,512 sqft Built 1996

$1,050,000

List Price

$4,830

$4.6K - $5.1K

Rent Est.

PROPERTY INFO

November 19, 2020 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 1996
  • Price/Sqft : $417.99
  • 4 Days on Market
  • MLS # : 200052083
  • Updated Date : 11/22/2020 at 02:18
CONSTRUCTION
  • Beds : 5
  • Floor Size : 2,512 sqft
  • Baths : 3 full
Listing Agent

Real Estate Ebroker, Inc.

Listing Agent's Description

Beautifully maintained and updated two story 5 bed, 3 bath home with high ceilings, and open floor plan. Newer AC, water heater, exterior paint, shutters, whole house fan, and fully OWNED solar! Inside welcomes you with beautiful engineered wood floors, formal living room with fireplace and dining room combination. Also on the main level are a full bedroom, full bath, and laundry rooms. The kitchen and family room combo offer loads of natural light and access to the back yard.

SEE MORE

MARKET HIGHLIGHTS

  • 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)
  • As part of Southern California area, San Diego 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 has 58.7% labor force participation rate; within this area, Los Angeles metro has 62.3% labor force participation rate (USMayors.org, 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)
  • 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: Sabre Springs

NeighborhoodNIR Market*CityMarket2010Year20002019250k300k350k400k450k500k550k600k650k700kPrice in $233k746k

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

Neighborhood: Sabre Springs

NeighborhoodNIR Market*CityMarket2010Year2000 Q42019 Q2180020002200240026002800300032003400Rent in $16273473

* 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
Creekside Elementary School Primary Regular 573 20 10
Meadowbrook Middle School Middle Regular 1,343 53 7
Mt. Carmel High School High Regular 2,014 47 9

Creekside Elementary School

  • Education Level: Primary
  • # of students: 573
  • # of teachers: 20
10
GreatSchools Rating

Meadowbrook Middle School

  • Education Level: Middle
  • # of students: 1,343
  • # of teachers: 53
7
GreatSchools Rating

Mt. Carmel High School

  • Education Level: High
  • # of students: 2,014
  • # of teachers: 47
9
GreatSchools Rating
 

$945,000$1,155,000$1,050,000

PURCHASE PRICE

$4,347$5,313$4,830

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $4,830
EXPENSES Loan Payment -$3,874
Property Tax -$964
Property Insurance -$90
HOA -$16
Property Management Fees -$129
CASH FLOW
-$244

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.

$1,050,000

PROJECTED PRICE

$4,830

PROJECTED RENT

0.46%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 4.41%
Appreciation Year (1-5) 6.3%
Maintenance Year (1-5) 8.00%
Vacancy 5.56%
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$3.0M$3.5M

PROJECTED ANNUAL CASH FLOW

11530-$10k$0.0$10k$20k$30k$40k$50k

PROJECTED PROPERTY VALUE

30 YEAR PROJECTION

  • Appreciation
  • Principal
  • Loan Balance
11530$0.0$500k$1.0M$1.5M$2.0M$2.5M$3.0M

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$284,000

INVESTMENT

$284,000

Down Payment
$262,500
Rehab Estimate
$5,750
Closing Costs
$15,750

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

A 45% down payment or higher enables the proceeds from the asset to cover all costs.

$3,874

MONTHLY LOAN PAYMENT

30 yr
Term
4.25%
Interest
25.00%
Down Payment
Term 30 Years
Interest 4.25%
Down Payment $262,500
Loan Amount $787,500
See What Happens When You Reinvest Cash Flow

6

YEARS SAVED

$84,233

INTEREST SAVED

CASH FLOW REINVESTMENT

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

  • $0

    LIST RENT
  • $0

    LIST RENT PER SQFT
  • $4,136

    COMP ESTIMATED VALUE
  • $1.65

    COMP AVG. RENT PER SQFT
Comps Range
$0
1$02$3,5903$3,6504$4,100
$4,100
RENT COMPS ANALYSIS
  • 11955 Dapple Way San Diego, CA 1
    • 5 beds 3 baths ∙ 2,512 Sqft ∙ Built 1996 5 beds 3 baths ∙ 2,512 Sqft ∙ Built 1996
    • Rent
    • Rent Per SQFT
    •  
    • $0
    • $0.00
    •  
  • 10187 Avenida Magnifica San Diego, CA 2
    • 4 beds 3 baths ∙ 2,224 Sqft ∙ Built 1983 4 beds 3 baths ∙ 2,224 Sqft ∙ Built 1983
    LEASED 06/01/20
    • Rent
    • Rent Per SQFT
    •  
    • $3,590
    • $1.61
    •  
  • 11963 Cypress Valley Drive San Diego, CA 3
    • 4 beds 3 baths ∙ 2,271 Sqft ∙ Built 2000 4 beds 3 baths ∙ 2,271 Sqft ∙ Built 2000
    LEASED 06/10/20
    • Rent
    • Rent Per SQFT
    •  
    • $3,650
    • $1.61
    •  
  • 11686 Wannacut San Diego, CA 4
    • 4 beds 3 baths ∙ 2,379 Sqft ∙ Built 1999 4 beds 3 baths ∙ 2,379 Sqft ∙ Built 1999
    LEASED 11/17/20
    • Rent
    • Rent Per SQFT
    •  
    • $4,100
    • $1.72
    •  
PROPERTY LISTING DETAILS
Karen Elliott
1.858.472.5213
Real Estate Ebroker, Inc.
BESbswy