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

12199 Avenida Consentido San Diego, CA 92128

3 Beds 3 Baths 2,158 sqft Built 1987

$988,000

List Price

$3,470

$3.2K - $3.7K

Rent Est.

PROPERTY INFO

December 26, 2020 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 1987
  • Price/Sqft : $457.83
  • 2 Days on Market
  • MLS # : 200054612
  • Updated Date : 12/26/2020 at 20:58
CONSTRUCTION
  • Beds : 3
  • Floor Size : 2,158 sqft
  • Baths : 2 full , 1 half
Listing Agent

Coldwell Banker Realty

Listing Agent's Description

Captivating Chateau Bernardo Single Story Estate in the coveted Bernardo Heights community. Enjoy this "resort" style living with your own private pool and spa on a premium lot overlooking the panoramic golf course views of the beautiful Bernardo Heights Country Club. Vaulted ceilings throughout with an open concept floorplan and seamless flow from your spacious living areas to your Chef's kitchen with custom built-in refrigerator and granite countertops. Amenities at BHCC, PUSD, shopping, 15 freeway!

SEE MORE

MARKET HIGHLIGHTS

  • 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)
  • 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]

PRICE & RENT TRENDS

Neighborhood: Rancho Bernardo

NeighborhoodNIR Market*CityMarket2010Year20002019250k300k350k400k450k500k550k600k650k700kPrice in $233k746k

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

Neighborhood: Rancho Bernardo

NeighborhoodNIR Market*CityMarket2010Year2000 Q42019 Q218002000220024002600280030003200Rent in $16273384

* 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
Highland Ranch Elementary School Primary Regular 745 27 7
Bernardo Heights Middle School Middle Regular 1,449 55 8
Rancho Bernardo High School High Regular 2,183 80 9

Highland Ranch Elementary School

  • Education Level: Primary
  • # of students: 745
  • # of teachers: 27
7
GreatSchools Rating

Bernardo Heights Middle School

  • Education Level: Middle
  • # of students: 1,449
  • # of teachers: 55
8
GreatSchools Rating

Rancho Bernardo High School

  • Education Level: High
  • # of students: 2,183
  • # of teachers: 80
9
GreatSchools Rating
 

$889,200$1,086,800$988,000

PURCHASE PRICE

$3,123$3,817$3,470

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $3,470
EXPENSES Loan Payment -$3,645
Property Tax -$912
Property Insurance -$81
HOA -$71
Property Management Fees -$129
CASH FLOW
-$1,369

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.

$988,000

PROJECTED PRICE

$3,470

PROJECTED RENT

0.35%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 4.41%
Appreciation Year (1-5) 6.0%
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

PROJECTED ANNUAL CASH FLOW

11530-$20k-$10k$0.0$10k$20k

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$267,570

INVESTMENT

$267,570

Down Payment
$247,000
Rehab Estimate
$5,750
Closing Costs
$14,820

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

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

$3,645

MONTHLY LOAN PAYMENT

30 yr
Term
4.25%
Interest
25.00%
Down Payment
Term 30 Years
Interest 4.25%
Down Payment $247,000
Loan Amount $741,000
See What Happens When You Reinvest Cash Flow

0.5

YEARS SAVED

$1,985

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
  • $3,550

    COMP ESTIMATED VALUE
  • $1.65

    COMP AVG. RENT PER SQFT
Comps Range
$0
1$02$3,1003$3,6004$3,6555$3,750
$3,750
RENT COMPS ANALYSIS
  • 12199 Avenida Consentido San Diego, CA 1
    • 3 beds 3 baths ∙ 2,158 Sqft ∙ Built 1987 3 beds 3 baths ∙ 2,158 Sqft ∙ Built 1987
    • Rent
    • Rent Per SQFT
    •  
    • $0
    • $0.00
    •  
  • 16061 Avenida Aveiro San Diego, CA 2
    • 3 beds 2 baths ∙ 1,853 Sqft ∙ Built 1986 3 beds 2 baths ∙ 1,853 Sqft ∙ Built 1986
    LEASED 01/04/20
    • Rent
    • Rent Per SQFT
    •  
    • $3,100
    • $1.67
    •  
  • 11934 Avenida Consentido San Diego, CA 3
    • 3 beds 2 baths ∙ 2,122 Sqft ∙ Built 1988 3 beds 2 baths ∙ 2,122 Sqft ∙ Built 1988
    LEASED 07/11/20
    • Rent
    • Rent Per SQFT
    •  
    • $3,600
    • $1.70
    •  
  • 11382 Turtleback San Diego, CA 4
    • 4 beds 3 baths ∙ 2,181 Sqft ∙ Built 1981 4 beds 3 baths ∙ 2,181 Sqft ∙ Built 1981
    LEASED 08/01/20
    • Rent
    • Rent Per SQFT
    •  
    • $3,655
    • $1.68
    •  
  • 16295 Via Embeleso San Diego, CA 5
    • 4 beds 3 baths ∙ 2,454 Sqft ∙ Built 1985 4 beds 3 baths ∙ 2,454 Sqft ∙ Built 1985
    LEASED 07/10/20
    • Rent
    • Rent Per SQFT
    •  
    • $3,750
    • $1.53
    •  
PROPERTY LISTING DETAILS
Andrew Tseng
1.858.210.5262
Coldwell Banker Realty
BESbswy