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

12851 Briarcrest Pl San Diego, CA 92130

4 Beds 3 Baths 2,346 sqft Built 2005

$1,299,000

List Price

$4,290

$4K - $4.5K

Rent Est.

PROPERTY INFO

January 22, 2021 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 2005
  • Price/Sqft : $553.71
  • 3 Days on Market
  • MLS # : 210001849
  • Updated Date : 01/23/2021 at 02:19
CONSTRUCTION
  • Beds : 4
  • Floor Size : 2,346 sqft
  • Baths : 3 full
Listing Agent

Coldwell Banker Realty

Listing Agent's Description

Stunning Soleil Estate at Bordeaux in the highly sought after and storied Pacific Highlands Ranch of Carmel Valley boasting unobstructed and panoramic southerly facing views. Magnificent floor plan with optional 4th bedroom and full bath downstairs and attached 3 car tandem garage. Entertainer's delight with gorgeous outdoor living to your sophisticated interior with hardwood and upgraded tile floors. Premium location with quick access to shopping, highways, top schools, parks/rec center, trails, etc!

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: Pacific Highlands Ranch

NeighborhoodNIR Market*CityMarket2010Year20002019300k400k500k600k700k800k900k1000k1100k1200kPrice in $233k1266k

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

Neighborhood: Pacific Highlands Ranch

NeighborhoodNIR Market*CityMarket2010Year2000 Q42019 Q22000250030003500400045005000Rent in $16275309

* 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
Sycamore Ridge School Primary Regular 500 23 8
Sycamore Ridge School Middle Regular 500 23 8
Torrey Pines High School High Regular 2,752 103 10

Sycamore Ridge School

  • Education Level: Primary
  • # of students: 500
  • # of teachers: 23
8
GreatSchools Rating

Sycamore Ridge School

  • Education Level: Middle
  • # of students: 500
  • # of teachers: 23
8
GreatSchools Rating

Torrey Pines High School

  • Education Level: High
  • # of students: 2,752
  • # of teachers: 103
10
GreatSchools Rating
 

$1,169,100$1,428,900$1,299,000

PURCHASE PRICE

$3,861$4,719$4,290

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $4,290
EXPENSES Loan Payment -$4,512
Property Tax -$1,252
Property Insurance -$86
HOA -$111
Property Management Fees -$129
CASH FLOW
-$1,800

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.

$1,299,000

PROJECTED PRICE

$4,290

PROJECTED RENT

0.33%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 4.65%
Appreciation Year (1-5) 5.3%
Maintenance Year (1-5) 8.00%
Vacancy 5.45%
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-$30k-$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$3.0M$3.5M

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$349,985

INVESTMENT

$349,985

Down Payment
$324,750
Rehab Estimate
$5,750
Closing Costs
$19,485

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

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

$4,512

MONTHLY LOAN PAYMENT

30 yr
Term
3.75%
Interest
25.00%
Down Payment
Term 30 Years
Interest 3.75%
Down Payment $324,750
Loan Amount $974,250
See What Happens When You Reinvest Cash Flow

0.42

YEARS SAVED

$1,242

INTEREST SAVED

CASH FLOW REINVESTMENT

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

  • $4,290

    LIST RENT
  • $1.83

    LIST RENT PER SQFT
  • $4,645

    COMP ESTIMATED VALUE
  • $1.98

    COMP AVG. RENT PER SQFT
Comps Range
$4,290
1$4,2902$4,6003$4,6004$4,7505$4,850
$4,850
RENT COMPS ANALYSIS
  • 12851 Briarcrest Pl San Diego, CA 1
    • 4 beds 3 baths ∙ 2,346 Sqft ∙ Built 2005 4 beds 3 baths ∙ 2,346 Sqft ∙ Built 2005
    • Rent
    • Rent Per SQFT
    •  
    • $4,290
    • $1.83
    •  
  • 12850 Briarcrest Pl San Diego, CA 2
    • 4 beds 3 baths ∙ 2,346 Sqft ∙ Built 2005 4 beds 3 baths ∙ 2,346 Sqft ∙ Built 2005
    LEASED 01/22/20
    • Rent
    • Rent Per SQFT
    •  
    • $4,600
    • $1.96
    •  
  • 13148 Chambord Way San Diego, CA 3
    • 4 beds 3 baths ∙ 2,346 Sqft ∙ Built 2006 4 beds 3 baths ∙ 2,346 Sqft ∙ Built 2006
    LEASED 08/07/20
    • Rent
    • Rent Per SQFT
    •  
    • $4,600
    • $1.96
    •  
  • 5375 Ruette De Mer San Diego, CA 4
    • 5 beds 3 baths ∙ 2,356 Sqft ∙ Built 1998 5 beds 3 baths ∙ 2,356 Sqft ∙ Built 1998
    LEASED 08/30/20
    • Rent
    • Rent Per SQFT
    •  
    • $4,750
    • $2.02
    •  
  • 5839 Cape Jewels Trl San Diego, CA 5
    • 4 beds 3 baths ∙ 2,453 Sqft ∙ Built 2007 4 beds 3 baths ∙ 2,453 Sqft ∙ Built 2007
    LEASED 10/18/20
    • Rent
    • Rent Per SQFT
    •  
    • $4,850
    • $1.98
    •  
PROPERTY LISTING DETAILS
Andrew Tseng
1.858.210.5262
Coldwell Banker Realty
BESbswy