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13096 Calle De Los Ninos San Diego, CA 92129

3 Beds 2 Baths 1,642 sqft Built 1972

$759,900

List Price

$2,870

$2.6K - $3.1K

Rent Est.

PROPERTY INFO

December 05, 2020 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 1972
  • Price/Sqft : $462.79
  • 3 Days on Market
  • MLS # : 200053311
  • Updated Date : 12/05/2020 at 01:46
CONSTRUCTION
  • Beds : 3
  • Floor Size : 1,642 sqft
  • Baths : 2 full
Listing Agent

Keller Williams Realty

Listing Agent's Description

You'll be delighted as you pull up, then walk thru the front door into this charming single story. Extensively remodeled ... new designer paint inside & out, new kitchen, luxury vinyl plank flooring, baseboards, & lighting. "Great Room," open floor plan w wonderful light throughout. Easy care landscape with many water-wise & CA native plants ... fruit trees, organic vegetable garden beds. Westerly views & no one behind makes for great skyline sunsets! Acclaimed Poway School District. No Mello Roos or HOA.

SEE MORE

MARKET HIGHLIGHTS

  • 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)
  • 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)

PRICE & RENT TRENDS

Neighborhood: Ridgewood

ZipNIR Market*CityMarket2010Year20002019250k300k350k400k450k500k550k600k650k700k750kPrice in $233k798k

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

Neighborhood: Ridgewood

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
Los Penasquitos Elementary School Primary Regular 539 20 10
Black Mountain Middle School Middle Regular 1,275 47 8
Mt. Carmel High School High Regular 2,014 47 9

Los Penasquitos Elementary School

  • Education Level: Primary
  • # of students: 539
  • # of teachers: 20
10
GreatSchools Rating

Black Mountain Middle School

  • Education Level: Middle
  • # of students: 1,275
  • # of teachers: 47
8
GreatSchools Rating

Mt. Carmel High School

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

$683,910$835,890$759,900

PURCHASE PRICE

$2,583$3,157$2,870

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $2,870
EXPENSES Loan Payment -$2,804
Property Tax -$702
Property Insurance -$69
Property Management Fees -$129
CASH FLOW
-$833

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.

$759,900

PROJECTED PRICE

$2,870

PROJECTED RENT

0.38%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 4.41%
Appreciation Year (1-5) 6.2%
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

PROJECTED ANNUAL CASH FLOW

11530-$15k-$10k-$5.0k$0.0$5.0k$10k$15k$20k

PROJECTED PROPERTY VALUE

30 YEAR PROJECTION

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

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$207,124

INVESTMENT

$207,124

Down Payment
$189,975
Rehab Estimate
$5,750
Closing Costs
$11,399

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

A 60% down payment or higher enables the proceeds from the asset to cover all costs.

$2,804

MONTHLY LOAN PAYMENT

30 yr
Term
4.25%
Interest
25.00%
Down Payment
Term 30 Years
Interest 4.25%
Down Payment $189,975
Loan Amount $569,925
See What Happens When You Reinvest Cash Flow

1.58

YEARS SAVED

$8,202

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
  • $2,898

    COMP ESTIMATED VALUE
  • $1.77

    COMP AVG. RENT PER SQFT
Comps Range
$0
1$02$2,8503$2,9904$3,0005$3,300
$3,300
RENT COMPS ANALYSIS
  • 13096 Calle De Los Ninos San Diego, CA 1
    • 3 beds 2 baths ∙ 1,642 Sqft ∙ Built 1972 3 beds 2 baths ∙ 1,642 Sqft ∙ Built 1972
    property image
    • Rent
    • Rent Per SQFT
    •  
    • $0
    • $0.00
    •  
  • 11219 Provencal Pl. San Diego, CA 2
    • 3 beds 3 baths ∙ 1,576 Sqft ∙ Built 1991 3 beds 3 baths ∙ 1,576 Sqft ∙ Built 1991
    property image
    LEASED 03/20/20
    • Rent
    • Rent Per SQFT
    •  
    • $2,850
    • $1.81
    •  
  • 12948 Pine Manor Ct San Diego, CA 3
    • 3 beds 3 baths ∙ 1,683 Sqft ∙ Built 1983 3 beds 3 baths ∙ 1,683 Sqft ∙ Built 1983
    property image
    LEASED 09/19/20
    • Rent
    • Rent Per SQFT
    •  
    • $2,990
    • $1.78
    •  
  • 10943 Shy Bird Lane San Diego, CA 4
    • 3 beds 2 baths ∙ 1,677 Sqft ∙ Built 1986 3 beds 2 baths ∙ 1,677 Sqft ∙ Built 1986
    property image
    LEASED 08/01/20
    • Rent
    • Rent Per SQFT
    •  
    • $3,000
    • $1.79
    •  
  • 12915 Amaranth San Diego, CA 5
    • 4 beds 3 baths ∙ 1,970 Sqft ∙ Built 1987 4 beds 3 baths ∙ 1,970 Sqft ∙ Built 1987
    property image
    LEASED 07/02/20
    • Rent
    • Rent Per SQFT
    •  
    • $3,300
    • $1.68
    •  
PROPERTY LISTING DETAILS
Dan Christensen
1.858.705.2431
Keller Williams Realty
BESbswy