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1330 Calle Goya Oceanside, CA 92056

4 Beds 3 Baths 1,919 sqft Built 1996

$669,900

List Price

$2,870

$2.6K - $3.1K

Rent Est.

PROPERTY INFO

January 18, 2021 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 1996
  • Price/Sqft : $349.09
  • 7 Days on Market
  • MLS # : 210001448
  • Updated Date : 01/23/2021 at 00:55
CONSTRUCTION
  • Beds : 4
  • Floor Size : 1,919 sqft
  • Baths : 2 full , 1 half
Listing Agent

American Dreams Real Estate

Listing Agent's Description

Gorgeous 4BR in coveted Rancho Del Oro Village. Beautifully remodeled open concept floor plan features high ceilings and an abundance of natural light. Lavishly upgraded kitchen, quartz counters, subway tile backsplash, stainless appliances, large island. Captivating master suite with shower and extra large soaking tub. Updated baths. Upgrades include can lighting, ceiling fans, custom window coverings. Private backyard/patio. Impeccably landscaped and maintained. Walk to Best schools in Oceanside.

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: Ivey Ranch - Rancho del Oro

NeighborhoodNIR Market*CityMarket2010Year20002019250k300k350k400k450k500k550k600k650kPrice in $217k654k

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

Neighborhood: Ivey Ranch - Rancho del Oro

NeighborhoodNIR Market*CityMarket2010Year2000 Q42019 Q215001600170018001900200021002200230024002500260027002800Rent in $14282885

* 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
Ivey Ranch Elementary School Primary Regular 775 28 8
Martin Luther King Jr. Middle School Middle Regular 1,576 57 6
El Camino High School High Regular 3,076 114 8

Ivey Ranch Elementary School

  • Education Level: Primary
  • # of students: 775
  • # of teachers: 28
8
GreatSchools Rating

Martin Luther King Jr. Middle School

  • Education Level: Middle
  • # of students: 1,576
  • # of teachers: 57
6
GreatSchools Rating

El Camino High School

  • Education Level: High
  • # of students: 3,076
  • # of teachers: 114
8
GreatSchools Rating
 

$602,910$736,890$669,900

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 -$2,327
Property Tax -$614
Property Insurance -$75
HOA -$105
Property Management Fees -$129
CASH FLOW
-$381

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.

$669,900

PROJECTED PRICE

$2,870

PROJECTED RENT

0.43%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 4.42%
Appreciation Year (1-5) 6.7%
Maintenance Year (1-5) 8.00%
Vacancy 4.80%
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-$5.0k$0.0$5.0k$10k$15k$20k$25k

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$183,274

INVESTMENT

$183,274

Down Payment
$167,475
Rehab Estimate
$5,750
Closing Costs
$10,049

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

A 55% down payment or higher enables the proceeds from the asset to cover all costs.

$2,327

MONTHLY LOAN PAYMENT

30 yr
Term
3.75%
Interest
25.00%
Down Payment
Term 30 Years
Interest 3.75%
Down Payment $167,475
Loan Amount $502,425
See What Happens When You Reinvest Cash Flow

4.08

YEARS SAVED

$24,902

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
  • $2,872

    COMP ESTIMATED VALUE
  • $1.5

    COMP AVG. RENT PER SQFT
Comps Range
$0
1$02$2,6003$2,7504$2,850
$2,850
RENT COMPS ANALYSIS
  • 1330 Calle Goya Oceanside, CA 1
    • 4 beds 3 baths ∙ 1,919 Sqft ∙ Built 1996 4 beds 3 baths ∙ 1,919 Sqft ∙ Built 1996
    • Rent
    • Rent Per SQFT
    •  
    • $0
    • $0.00
    •  
  • 140 Venetia Way Oceanside, CA 2
    • 3 beds 3 baths ∙ 1,886 Sqft ∙ Built 1999 3 beds 3 baths ∙ 1,886 Sqft ∙ Built 1999
    LEASED 02/19/20
    • Rent
    • Rent Per SQFT
    •  
    • $2,600
    • $1.38
    •  
  • 1594 Boulder Creek Rd Oceanside, CA 3
    • 4 beds 2 baths ∙ 1,889 Sqft ∙ Built 1980 4 beds 2 baths ∙ 1,889 Sqft ∙ Built 1980
    LEASED 06/30/20
    • Rent
    • Rent Per SQFT
    •  
    • $2,750
    • $1.46
    •  
  • 4904 Bella Collina St Oceanside, CA 4
    • 3 beds 2 baths ∙ 1,731 Sqft ∙ Built 1994 3 beds 2 baths ∙ 1,731 Sqft ∙ Built 1994
    LEASED 02/11/20
    • Rent
    • Rent Per SQFT
    •  
    • $2,850
    • $1.65
    •  
PROPERTY LISTING DETAILS
Woody Henderson
1.619.850.5432
American Dreams Real Estate
BESbswy