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14107 Via Alisal San Diego, CA 92128

3 Beds 3 Baths 1,621 sqft Built 1990

$835,000

List Price

$2,910

$2.7K - $3.2K

Rent Est.

PROPERTY INFO

November 08, 2020 RECENTLY ADDED
FACTS
  • Built In 1990
  • Price/Sqft : $515.11
  • 2 Days on Market
  • MLS # : 200051089
  • Updated Date : 11/08/2020 at 04:02
CONSTRUCTION
  • Beds : 3
  • Floor Size : 1,621 sqft
  • Baths : 2 full , 1 half
Listing Agent

House & Domus Realty

Listing Agent's Description

Meticulously maintained gorgeous home in Carmel Mountain Ranch. High ceiling in living room with beautiful wood floor throughout! NO CARPET! Spacious kitchen with granite countertop, all SS appliance, and plenty of kitchen cabinets. Totally REMODELED BATHROOMS! View from master bedroom with perfect PRIVACY! Large backyard with built-in BBQ grill and Firepit! Walking to park, library, Carmel Mountain Shoppings and Highland Ranch Elementary! Close to I-56 and I-15 freeway.

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MARKET HIGHLIGHTS

  • 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]
  • 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)

PRICE & RENT TRENDS

Neighborhood: Carmel Mountain

NeighborhoodNIR Market*CityMarket2010Year20002019250k300k350k400k450k500k550k600k650k700k750kPrice in $233k767k

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

Neighborhood: Carmel Mountain

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
Highland Ranch Elementary School Primary Regular 745 27 7
Bernardo Heights Middle School Middle Regular 1,449 55 8
Rancho Bernardo High School High Regular 2,183 80 9

Highland Ranch Elementary School

  • Education Level: Primary
  • # of students: 745
  • # of teachers: 27
7
GreatSchools Rating

Bernardo Heights Middle School

  • Education Level: Middle
  • # of students: 1,449
  • # of teachers: 55
8
GreatSchools Rating

Rancho Bernardo High School

  • Education Level: High
  • # of students: 2,183
  • # of teachers: 80
9
GreatSchools Rating
 

$751,500$918,500$835,000

PURCHASE PRICE

$2,619$3,201$2,910

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $2,910
EXPENSES Loan Payment -$3,081
Property Tax -$730
Property Insurance -$68
HOA -$44
Property Management Fees -$129
CASH FLOW
-$1,142

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.

$835,000

PROJECTED PRICE

$2,910

PROJECTED RENT

0.35%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 4.41%
Appreciation Year (1-5) 5.9%
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$227,025

INVESTMENT

$227,025

Down Payment
$208,750
Rehab Estimate
$5,750
Closing Costs
$12,525

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

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

$3,081

MONTHLY LOAN PAYMENT

30 yr
Term
4.25%
Interest
25.00%
Down Payment
Term 30 Years
Interest 4.25%
Down Payment $208,750
Loan Amount $626,250
See What Happens When You Reinvest Cash Flow

0.58

YEARS SAVED

$2,061

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
  • $2,926

    COMP ESTIMATED VALUE
  • $1.81

    COMP AVG. RENT PER SQFT
Comps Range
$0
1$02$2,9953$3,0004$3,2505$3,350
$3,350
RENT COMPS ANALYSIS
  • 14107 Via Alisal San Diego, CA 1
    • 3 beds 3 baths ∙ 1,621 Sqft ∙ Built 1990 3 beds 3 baths ∙ 1,621 Sqft ∙ Built 1990
    • Rent
    • Rent Per SQFT
    •  
    • $0
    • $0.00
    •  
  • 13878 Esprit Ave San Diego, CA 2
    • 3 beds 2 baths ∙ 1,671 Sqft ∙ Built 1992 3 beds 2 baths ∙ 1,671 Sqft ∙ Built 1992
    LEASED 09/05/20
    • Rent
    • Rent Per SQFT
    •  
    • $2,995
    • $1.79
    •  
  • 13523 Lindamere Ln San Diego, CA 3
    • 3 beds 2 baths ∙ 1,671 Sqft ∙ Built 1994 3 beds 2 baths ∙ 1,671 Sqft ∙ Built 1994
    LEASED 11/18/19
    • Rent
    • Rent Per SQFT
    •  
    • $3,000
    • $1.80
    •  
  • 11962 Brewster Ct San Diego, CA 4
    • 4 beds 3 baths ∙ 1,813 Sqft ∙ Built 1992 4 beds 3 baths ∙ 1,813 Sqft ∙ Built 1992
    LEASED 08/14/20
    • Rent
    • Rent Per SQFT
    •  
    • $3,250
    • $1.79
    •  
  • 14109 Via Corsini San Diego, CA 5
    • 4 beds 3 baths ∙ 1,817 Sqft ∙ Built 1991 4 beds 3 baths ∙ 1,817 Sqft ∙ Built 1991
    LEASED 10/02/20
    • Rent
    • Rent Per SQFT
    •  
    • $3,350
    • $1.84
    •  
PROPERTY LISTING DETAILS
Vince Moon
1.619.838.6475
House & Domus Realty
BESbswy