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

13755 Camino Del Suelo San Diego, CA 92129

5 Beds 4 Baths 2,746 sqft Built 1988

$1,165,000

List Price

$4,110

$3.9K - $4.4K

Rent Est.

PROPERTY INFO

December 11, 2020 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 1988
  • Price/Sqft : $424.25
  • 3 Days on Market
  • MLS # : 200053799
  • Updated Date : 12/12/2020 at 16:59
CONSTRUCTION
  • Beds : 5
  • Floor Size : 2,746 sqft
  • Baths : 3 full , 1 half
Listing Agent

Prowest Properties

Listing Agent's Description

Professional Photos soon. Fantastic home w/ custom additions! 5 Br, 3 ½ Ba. Downstairs 1 bedroom w/ full bath plus ½ guest bathroom! Wonderful street in popular Crestmont neighborhood of Rancho Penasquitos. Kitchen upgrades incl. granite counters, lighting, stainless steel appliances and tile floors. Beautiful wood flooring downstairs. Spacious 3 car garage w/OH storage. Large, private, tranquil yard w/ custom concrete. Don’t miss the secret retreat. Poway schools! Centrally located & easy commute.

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: Bluffs

ZipNIR Market*CityMarket2010Year20002019250k300k350k400k450k500k550k600k650k700k750kPrice in $233k798k

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

Neighborhood: Bluffs

NeighborhoodNIR Market*CityMarket2010Year2000 Q42019 Q2180020002200240026002800300032003400Rent in $16273411

* 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
 

$1,048,500$1,281,500$1,165,000

PURCHASE PRICE

$3,699$4,521$4,110

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $4,110
EXPENSES Loan Payment -$4,298
Property Tax -$998
Property Insurance -$96
HOA -$17
Property Management Fees -$129
CASH FLOW
-$1,428

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.

$1,165,000

PROJECTED PRICE

$4,110

PROJECTED RENT

0.35%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 4.41%
Appreciation Year (1-5) 5.4%
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$2.5M$3.0M

PROJECTED ANNUAL CASH FLOW

11530-$20k-$10k$0.0$10k$20k$30k

PROJECTED PROPERTY VALUE

30 YEAR PROJECTION

  • Appreciation
  • Principal
  • Loan Balance
11530$0.0$500k$1.0M$1.5M$2.0M$2.5M$3.0M

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$314,475

INVESTMENT

$314,475

Down Payment
$291,250
Rehab Estimate
$5,750
Closing Costs
$17,475

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

A 65% down payment or higher enables the proceeds from the asset to cover all costs.

$4,298

MONTHLY LOAN PAYMENT

30 yr
Term
4.25%
Interest
25.00%
Down Payment
Term 30 Years
Interest 4.25%
Down Payment $291,250
Loan Amount $873,750
See What Happens When You Reinvest Cash Flow

1.17

YEARS SAVED

$6,882

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
  • $4,064

    COMP ESTIMATED VALUE
  • $1.48

    COMP AVG. RENT PER SQFT
Comps Range
$0
1$02$3,5503$3,6954$3,8005$4,000
$4,000
RENT COMPS ANALYSIS
  • 13755 Camino Del Suelo San Diego, CA 1
    • 5 beds 4 baths ∙ 2,746 Sqft ∙ Built 1988 5 beds 4 baths ∙ 2,746 Sqft ∙ Built 1988
    • Rent
    • Rent Per SQFT
    •  
    • $0
    • $0.00
    •  
  • 13456 Russet Leaf Lane San Diego, CA 2
    • 4 beds 3 baths ∙ 2,497 Sqft ∙ Built 1991 4 beds 3 baths ∙ 2,497 Sqft ∙ Built 1991
    LEASED 02/14/20
    • Rent
    • Rent Per SQFT
    •  
    • $3,550
    • $1.42
    •  
  • 13360 Calderon Road San Diego, CA 3
    • 5 beds 3 baths ∙ 2,538 Sqft ∙ Built 2000 5 beds 3 baths ∙ 2,538 Sqft ∙ Built 2000
    LEASED 06/28/19
    • Rent
    • Rent Per SQFT
    •  
    • $3,695
    • $1.46
    •  
  • 14294 Dalhousie Road San Diego, CA 4
    • 4 beds 3 baths ∙ 2,546 Sqft ∙ Built 1987 4 beds 3 baths ∙ 2,546 Sqft ∙ Built 1987
    LEASED 07/03/20
    • Rent
    • Rent Per SQFT
    •  
    • $3,800
    • $1.49
    •  
  • 8787 Cayucos Way San Diego, CA 5
    • 5 beds 4 baths ∙ 2,579 Sqft ∙ Built 1988 5 beds 4 baths ∙ 2,579 Sqft ∙ Built 1988
    LEASED 09/26/20
    • Rent
    • Rent Per SQFT
    •  
    • $4,000
    • $1.55
    •  
PROPERTY LISTING DETAILS
Clay Riffle
1.858.922.3886
Prowest Properties
BESbswy