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16391 Santa Valera Ct San Diego, CA 92127

4 Beds 4 Baths 3,540 sqft Built 2002

$1,325,000

List Price

$4,580

$4.3K - $4.8K

Rent Est.

PROPERTY INFO

November 21, 2020 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 2002
  • Price/Sqft : $374.29
  • 3 Days on Market
  • MLS # : 200052300
  • Updated Date : 11/21/2020 at 02:16
CONSTRUCTION
  • Beds : 4
  • Floor Size : 3,540 sqft
  • Baths : 4 full
Listing Agent

Encompass Realty Services

Listing Agent's Description

Welcome Home! This Beautiful Rancho Bernardo Springs Home sits on a Quiet Cul-De-Sac. Featuring Vaulted Ceilings, Plantation Shutters, Gorgeous Kitchen with new Counters, Stainless Steel Appliances, Double Oven, & Walk In Pantry. Cozy up to your Family Room Fireplace or Relax out back under your custom Pergola. This Home is Perfect for Entertaining or spreading out in your own space. Paid for Solar, Water Free Turf, Interior Laundry Room, 3 car Garage. Close to Shopping & Dining. Poway School District.

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: 4S Ranch

NeighborhoodNIR Market*CityMarket2010Year20002019300k400k500k600k700k800k900k1000kPrice in $233k1059k

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

Neighborhood: 4S Ranch

NeighborhoodNIR Market*CityMarket2010Year2000 Q42019 Q218002000220024002600280030003200340036003800400042004400Rent in $16274591

* 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
Stone Ranch Elementary School Primary Regular 990 39 10
Oak Valley Middle School Middle Regular 1,361 50 9
Del Norte High School High Regular 1,933 62 9

Stone Ranch Elementary School

  • Education Level: Primary
  • # of students: 990
  • # of teachers: 39
10
GreatSchools Rating

Oak Valley Middle School

  • Education Level: Middle
  • # of students: 1,361
  • # of teachers: 50
9
GreatSchools Rating

Del Norte High School

  • Education Level: High
  • # of students: 1,933
  • # of teachers: 62
9
GreatSchools Rating
 

$1,192,500$1,457,500$1,325,000

PURCHASE PRICE

$4,122$5,038$4,580

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $4,580
EXPENSES Loan Payment -$4,889
Property Tax -$1,546
Property Insurance -$116
HOA -$125
Property Management Fees -$129
CASH FLOW
-$2,225

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.

$1,325,000

PROJECTED PRICE

$4,580

PROJECTED RENT

0.35%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 4.41%
Appreciation Year (1-5) 5.8%
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$3.5M

PROJECTED ANNUAL CASH FLOW

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

PROJECTED PROPERTY VALUE

30 YEAR PROJECTION

  • Appreciation
  • Principal
  • Loan Balance
11530$0.0$500k$1.0M$1.5M$2.0M$2.5M$3.0M$3.5M

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$356,875

INVESTMENT

$356,875

Down Payment
$331,250
Rehab Estimate
$5,750
Closing Costs
$19,875

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

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

$4,889

MONTHLY LOAN PAYMENT

30 yr
Term
4.25%
Interest
25.00%
Down Payment
Term 30 Years
Interest 4.25%
Down Payment $331,250
Loan Amount $993,750
See What Happens When You Reinvest Cash Flow

0.17

YEARS SAVED

$161

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
  • $4,897

    COMP ESTIMATED VALUE
  • $1.38

    COMP AVG. RENT PER SQFT
Comps Range
$0
1$02$4,4953$4,7954$4,800
$4,800
RENT COMPS ANALYSIS
  • 16391 Santa Valera Ct San Diego, CA 1
    • 4 beds 4 baths ∙ 3,540 Sqft ∙ Built 2002 4 beds 4 baths ∙ 3,540 Sqft ∙ Built 2002
    property image
    • Rent
    • Rent Per SQFT
    •  
    • $0
    • $0.00
    •  
  • 10234 Lone Bluff Dr San Diego, CA 2
    • 4 beds 4 baths ∙ 3,288 Sqft ∙ Built 2003 4 beds 4 baths ∙ 3,288 Sqft ∙ Built 2003
    property image
    LEASED 05/06/20
    • Rent
    • Rent Per SQFT
    •  
    • $4,495
    • $1.37
    •  
  • 10226 Lone Bluff Dr San Diego, CA 3
    • 5 beds 4 baths ∙ 3,387 Sqft ∙ Built 2003 5 beds 4 baths ∙ 3,387 Sqft ∙ Built 2003
    property image
    LEASED 10/30/20
    • Rent
    • Rent Per SQFT
    •  
    • $4,795
    • $1.42
    •  
  • 16778 Santanella Street San Diego, CA 4
    • 5 beds 4 baths ∙ 3,540 Sqft ∙ Built 2002 5 beds 4 baths ∙ 3,540 Sqft ∙ Built 2002
    property image
    LEASED 07/10/20
    • Rent
    • Rent Per SQFT
    •  
    • $4,800
    • $1.36
    •  
PROPERTY LISTING DETAILS
Chris Roberts
1.858.245.5354
Encompass Realty Services
BESbswy