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

13146 Bavarian San Diego, CA 92129

4 Beds 2 Baths 1,416 sqft Built 1986

$799,000

List Price

$2,690

$2.4K - $2.9K

Rent Est.

PROPERTY INFO

November 20, 2020 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 1986
  • Price/Sqft : $564.27
  • 6 Days on Market
  • MLS # : 200052256
  • Updated Date : 11/20/2020 at 21:48
CONSTRUCTION
  • Beds : 4
  • Floor Size : 1,416 sqft
  • Baths : 2 full
Listing Agent

Compass

Listing Agent's Description

MUST SEE! - Single story Rancho Penasquitos home located on a large .22 acre lot in a quiet serene community. This 1,416 square foot home comprises 4 bedrooms, 2 baths, 2-car garage. Enjoy the rewards of fully paid solar, as well as over $90k in tasteful upgrades. Beautiful granite countertops and large island add elegance to the kitchen. All bathrooms fully remodeled in 2017. Large master bedroom complete with handsome French doors opens to a private oasis-like backyard.

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: Twin Trails

ZipNIR Market*CityMarket2010Year20002019250k300k350k400k450k500k550k600k650k700k750kPrice in $233k798k

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

Neighborhood: Twin Trails

NeighborhoodNIR Market*CityMarket2010Year2000 Q42019 Q2180020002200240026002800300032003400360038004000420044004600Rent in $16274721

* 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
Deer Canyon Elementary School Primary Regular 533 20 9
Mesa Verde Middle School Middle Regular 1,273 48 9
Westview High School High Regular 2,283 56 10

Deer Canyon Elementary School

  • Education Level: Primary
  • # of students: 533
  • # of teachers: 20
9
GreatSchools Rating

Mesa Verde Middle School

  • Education Level: Middle
  • # of students: 1,273
  • # of teachers: 48
9
GreatSchools Rating

Westview High School

  • Education Level: High
  • # of students: 2,283
  • # of teachers: 56
10
GreatSchools Rating
 

$719,100$878,900$799,000

PURCHASE PRICE

$2,421$2,959$2,690

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $2,690
EXPENSES Loan Payment -$2,948
Property Tax -$723
Property Insurance -$63
Property Management Fees -$129
CASH FLOW
-$1,173

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.

$799,000

PROJECTED PRICE

$2,690

PROJECTED RENT

0.34%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 4.41%
Appreciation Year (1-5) 5.9%
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-$20k-$15k-$10k-$5.0k$0.0$5.0k$10k$15k

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$217,485

INVESTMENT

$217,485

Down Payment
$199,750
Rehab Estimate
$5,750
Closing Costs
$11,985

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

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

$2,948

MONTHLY LOAN PAYMENT

30 yr
Term
4.25%
Interest
25.00%
Down Payment
Term 30 Years
Interest 4.25%
Down Payment $199,750
Loan Amount $599,250
See What Happens When You Reinvest Cash Flow

0.42

YEARS SAVED

$895

INTEREST SAVED

CASH FLOW REINVESTMENT

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

  • $2,690

    LIST RENT
  • $1.9

    LIST RENT PER SQFT
  • $2,666

    COMP ESTIMATED VALUE
  • $1.88

    COMP AVG. RENT PER SQFT
Comps Range
$2,690
1$2,6902$3,0003$3,0954$3,1005$3,300
$3,300
RENT COMPS ANALYSIS
  • 13146 Bavarian San Diego, CA 1
    • 4 beds 2 baths ∙ 1,416 Sqft ∙ Built 1986 4 beds 2 baths ∙ 1,416 Sqft ∙ Built 1986
    • Rent
    • Rent Per SQFT
    •  
    • $2,690
    • $1.90
    •  
  • 8770 Rideabout Ln San Diego, CA 2
    • 3 beds 3 baths ∙ 1,585 Sqft ∙ Built 1987 3 beds 3 baths ∙ 1,585 Sqft ∙ Built 1987
    LEASED 09/30/20
    • Rent
    • Rent Per SQFT
    •  
    • $3,000
    • $1.89
    •  
  • 7880 Via Montebello #3 San Diego, CA 3
    • 3 beds 3 baths ∙ 1,682 Sqft ∙ Built 2003 3 beds 3 baths ∙ 1,682 Sqft ∙ Built 2003
    LEASED 08/02/20
    • Rent
    • Rent Per SQFT
    •  
    • $3,095
    • $1.84
    •  
  • 12565 Rideabout Court San Diego, CA 4
    • 3 beds 3 baths ∙ 1,694 Sqft ∙ Built 1987 3 beds 3 baths ∙ 1,694 Sqft ∙ Built 1987
    LEASED 06/26/19
    • Rent
    • Rent Per SQFT
    •  
    • $3,100
    • $1.83
    •  
  • 8821 Twin Trails Dr San Diego, CA 5
    • 4 beds 2 baths ∙ 1,676 Sqft ∙ Built 1980 4 beds 2 baths ∙ 1,676 Sqft ∙ Built 1980
    LEASED 06/25/19
    • Rent
    • Rent Per SQFT
    •  
    • $3,300
    • $1.97
    •  
PROPERTY LISTING DETAILS
Joshua Brad Gaylis
1.858.361.8285
Compass
BESbswy