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

13006 Deer Park Way San Diego, CA 92130

5 Beds 3 Baths 2,769 sqft Built 2004

$1,439,000

List Price

$4,730

$4.5K - $5K

Rent Est.

PROPERTY INFO

December 03, 2020 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 2004
  • Price/Sqft : $519.68
  • 4 Days on Market
  • MLS # : 200053085
  • Updated Date : 12/03/2020 at 08:22
CONSTRUCTION
  • Beds : 5
  • Floor Size : 2,769 sqft
  • Baths : 3 full
Listing Agent

Sun & Company Inc

Listing Agent's Description

Desirable Bordeaux Plan 2 situated on corner lot featuring 5 bedroom 3 full Bath and an upstairs loft. Light and bright. No neighbor across. Gorgeous valley view from two upstairs bedrooms. Lower Mello-roos. Lovely entry, vaulted ceilings, cherry wood flooring entire house, water softener, Tesla 240V outlet. Low maintenance backyard. Access to renowned PHR rec center(pool, gym, club house). Walking distance to Sycamore Ridge, Pacific Trail middle & CCA. Walk to PHR shopping center. Easy access to freeway!

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: 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
 

$1,295,100$1,582,900$1,439,000

PURCHASE PRICE

$4,257$5,203$4,730

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $4,730
EXPENSES Loan Payment -$5,309
Property Tax -$1,387
Property Insurance -$97
HOA -$111
Property Management Fees -$129
CASH FLOW
-$2,303

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.

$1,439,000

PROJECTED PRICE

$4,730

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$4.0M

PROJECTED ANNUAL CASH FLOW

11530-$40k-$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$4.0M

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$387,085

INVESTMENT

$387,085

Down Payment
$359,750
Rehab Estimate
$5,750
Closing Costs
$21,585

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

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

$5,309

MONTHLY LOAN PAYMENT

30 yr
Term
4.25%
Interest
25.00%
Down Payment
Term 30 Years
Interest 4.25%
Down Payment $359,750
Loan Amount $1,079,250
See What Happens When You Reinvest Cash Flow

0.25

YEARS SAVED

$398

INTEREST SAVED

CASH FLOW REINVESTMENT

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

  • $4,730

    LIST RENT
  • $1.71

    LIST RENT PER SQFT
  • $5,053

    COMP ESTIMATED VALUE
  • $1.82

    COMP AVG. RENT PER SQFT
Comps Range
$4,500
1$4,5002$4,7303$4,8004$5,1005$5,600
$5,600
RENT COMPS ANALYSIS
  • 13006 Deer Park Way San Diego, CA 2
    • 5 beds 3 baths ∙ 2,769 Sqft ∙ Built 2004 5 beds 3 baths ∙ 2,769 Sqft ∙ Built 2004
    • Rent
    • Rent Per SQFT
    •  
    • $4,730
    • $1.71
    •  
  • 5544 Porter Creek Rd San Diego, CA 1
    • 4 beds 3 baths ∙ 2,724 Sqft ∙ Built 2003 4 beds 3 baths ∙ 2,724 Sqft ∙ Built 2003
    LEASED 07/05/20
    • Rent
    • Rent Per SQFT
    •  
    • $4,500
    • $1.65
    •  
  • 6188 Valerian Vista Place San Diego, CA 3
    • 4 beds 3 baths ∙ 2,596 Sqft ∙ Built 2009 4 beds 3 baths ∙ 2,596 Sqft ∙ Built 2009
    LEASED 07/30/20
    • Rent
    • Rent Per SQFT
    •  
    • $4,800
    • $1.85
    •  
  • 12843 Briarcrest Pl San Diego, CA 4
    • 4 beds 3 baths ∙ 2,673 Sqft ∙ Built 2005 4 beds 3 baths ∙ 2,673 Sqft ∙ Built 2005
    LEASED 02/19/20
    • Rent
    • Rent Per SQFT
    •  
    • $5,100
    • $1.91
    •  
  • 5887 Blazing Star Ln San Diego, CA 5
    • 4 beds 3 baths ∙ 2,961 Sqft ∙ Built 2007 4 beds 3 baths ∙ 2,961 Sqft ∙ Built 2007
    LEASED 06/20/20
    • Rent
    • Rent Per SQFT
    •  
    • $5,600
    • $1.89
    •  
PROPERTY LISTING DETAILS
Min Sun
1.858.436.5299
Sun & Company Inc
BESbswy