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13035 Camino Del Valle Poway, CA 92064

3 Beds 3 Baths 2,413 sqft Built 1979

INVESTimate

$1,125,000

List Price

$3,840

$3,590 - $4,090

Rent Est.

$1,186,200  ( +5.44%)   1 YR EST. FORECAST

PROPERTY INFO

FACTS
  • Built In 1979
  • Price/Sqft : $466.22
  • 13 Days on Market
  • MLS # : 200039241
  • Updated Date : 08/21/2020 at 15:15
CONSTRUCTION
  • Beds : 3
  • Floor Size : 2,413 sqft
  • Baths : 3 full
Listing Agent

Bhgre Brush & Associates

Listing Agent's Description

Just Listed! Beautiful one-level ranch home on .5 acre lot in Poway's picturesque Silver Saddle Ranch. With 3 beds, 3 full baths, home office, game room, great room and sparkling pool, you're practically living in your own resort. Upgrades include saltwater system for pool, granite and Viking cooktop in kitchen, wood floors and new designer paint. This property also features a well laid-out floorpan, RV parking, lush landscape, large covered patio and plenty of room for kids and adults to play and relax!

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: Poway

NeighborhoodNIR Market*CityMarket2010Year20002019250k300k350k400k450k500k550k600k650k700k750kPrice in $240k754k

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

Neighborhood: Poway

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
Painted Rock Elementary School Primary Regular 666 25 9
Twin Peaks Middle School Middle Regular 1,192 46 7
Poway High School High Regular 2,252 82 9

Painted Rock Elementary School

  • Education Level: Primary
  • # of students: 666
  • # of teachers: 25
9
GreatSchools Rating

Twin Peaks Middle School

  • Education Level: Middle
  • # of students: 1,192
  • # of teachers: 46
7
GreatSchools Rating

Poway High School

  • Education Level: High
  • # of students: 2,252
  • # of teachers: 82
9
GreatSchools Rating
 

$1,012,500$1,237,500$1,125,000

PURCHASE PRICE

$3,456$4,224$3,840

RENT

DOWN PAYMENT
FINANCING

PROJECTED ACCUMULATED WEALTH

30 YEAR PROJECTION

  • Cash Flow
  • Appreciation
  • Principal
11530$0.0$500k$1.0M$1.5M$2.0M$2.5M$3.0M

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$3.0M

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $3,840
EXPENSES Loan Payment -$4,151
Property Tax -$1,028
Property Insurance -$88
HOA -$96
Property Management Fees -$129
CASH FLOW
-$1,652

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.

$1,125,000

PROJECTED PRICE

$3,840

PROJECTED RENT

0.34%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 4.41%
Appreciation Year (1-5) 5.44%
Maintenance Year (1-5) 8.00%
Vacancy 5.56%
Length of Stay Years 2

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$303,875

INVESTMENT

$303,875

Down Payment
$281,250
Rehab Estimate
$5,750
Closing Costs
$16,875

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

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

$4,151

MONTHLY LOAN PAYMENT

30 yr
Term
4.25%
Interest
25.00%
Down Payment
Term 30 Years
Interest 4.25%
Down Payment $281,250
Loan Amount $843,750
See What Happens When You Reinvest Cash Flow

0.33

YEARS SAVED

$1,026

INTEREST SAVED

CASH FLOW REINVESTMENT

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

  • $3,840

    LIST RENT
  • $1.59

    LIST RENT PER SQFT
  • $3,945

    COMP ESTIMATED VALUE
  • $1.64

    COMP AVG. RENT PER SQFT
Comps Range
$3,395
1$3,3952$3,5003$3,840
$3,840
RENT COMPS ANALYSIS
  • 13035 Camino Del Valle Poway, 3
    • 3 beds 3 baths ∙ 2,413 Sqft ∙ Built 1979 3 beds 3 baths ∙ 2,413 Sqft ∙ Built 1979
    property image
    • Rent
    • Rent Per SQFT
    •  
    • $3,840
    • $1.59
    •  
  • 16427 Orchard Bend Road Poway, 1
    • 4 beds 2 baths ∙ 2,090 Sqft ∙ Built 1968 4 beds 2 baths ∙ 2,090 Sqft ∙ Built 1968
    property image
    LEASED 03/15/20
    • Rent
    • Rent Per SQFT
    •  
    • $3,395
    • $1.62
    •  
  • 13120 Grape Arbor Way Poway, 2
    • 4 beds 2 baths ∙ 2,120 Sqft ∙ Built 1978 4 beds 2 baths ∙ 2,120 Sqft ∙ Built 1978
    property image
    LEASED 03/21/20
    • Rent
    • Rent Per SQFT
    •  
    • $3,500
    • $1.65
    •  
PROPERTY LISTING DETAILS
Kelly Halfaker
1.619.348.8419
Bhgre Brush & Associates
BESbswy