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17569 Via Del Bravo Rancho Santa Fe, CA 92067

3 Beds 3 Baths 2,586 sqft Built 1977

$1,695,000

List Price

$5,740

$5.5K - $6K

Rent Est.

PROPERTY INFO

FACTS
  • Built In 1977
  • Price/Sqft : $655.45
  • 12 Days on Market
  • MLS # : 200049708
  • Updated Date : 10/30/2020 at 21:55
CONSTRUCTION
  • Beds : 3
  • Floor Size : 2,586 sqft
  • Baths : 2 full , 1 half
Listing Agent

Berkshire Hathaway Homeservice

Listing Agent's Description

Rancho Santa Fe charmer on a fantastic 1+ acre lot, is now available. This single level home offers 3 bd - 2.5 ba - 2586 sqft of living area in Hacienda Santa Fe. If you are looking for downsizing, looking for more privacy, for a home that is not your typical cookie-cutter home, with low HOA & NO Mello Roos, this could be the one (see supplement)

SEE MORE

MARKET HIGHLIGHTS

  • 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)
  • 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)

PRICE & RENT TRENDS

Neighborhood: Rancho Santa Fe

NeighborhoodNIR Market*CityMarket2010Year20002019400k600k800k1000k1200k1400k1600k1800k2000k2200k2400kPrice in $240k2532k

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

Neighborhood: Rancho Santa Fe

NeighborhoodNIR Market*CityMarket2010Year2000 Q42019 Q22000300040005000600070008000900010000Rent in $162710268

* 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
Solana Santa Fe School Primary Regular 390 20 9
Earl Warren Middle School Middle Regular 715 27 9
Torrey Pines High School High Regular 2,752 103 10

Solana Santa Fe School

  • Education Level: Primary
  • # of students: 390
  • # of teachers: 20
9
GreatSchools Rating

Earl Warren Middle School

  • Education Level: Middle
  • # of students: 715
  • # of teachers: 27
9
GreatSchools Rating

Torrey Pines High School

  • Education Level: High
  • # of students: 2,752
  • # of teachers: 103
10
GreatSchools Rating
 

$1,525,500$1,864,500$1,695,000

PURCHASE PRICE

$5,166$6,314$5,740

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $5,740
EXPENSES Loan Payment -$6,254
Property Tax -$1,518
Property Insurance -$92
HOA -$83
Property Management Fees -$129
CASH FLOW
-$2,337

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.

$1,695,000

PROJECTED PRICE

$5,740

PROJECTED RENT

0.34%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 4.41%
Appreciation Year (1-5) 4.3%
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$1.0M$2.0M$3.0M$4.0M

PROJECTED ANNUAL CASH FLOW

11530-$40k-$30k-$20k-$10k$0.0$10k$20k$30k

PROJECTED PROPERTY VALUE

30 YEAR PROJECTION

  • Appreciation
  • Principal
  • Loan Balance
11530$0.0$1.0M$2.0M$3.0M$4.0M

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$454,925

INVESTMENT

$454,925

Down Payment
$423,750
Rehab Estimate
$5,750
Closing Costs
$25,425

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

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

$6,254

MONTHLY LOAN PAYMENT

30 yr
Term
4.25%
Interest
25.00%
Down Payment
Term 30 Years
Interest 4.25%
Down Payment $423,750
Loan Amount $1,271,250
See What Happens When You Reinvest Cash Flow

0.5

YEARS SAVED

$3,360

INTEREST SAVED

CASH FLOW REINVESTMENT

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

  • $5,740

    LIST RENT
  • $2.22

    LIST RENT PER SQFT
  • $5,120

    COMP ESTIMATED VALUE
  • $1.98

    COMP AVG. RENT PER SQFT
Comps Range
$4,650
1$4,6502$5,740
$5,740
RENT COMPS ANALYSIS
  • 17569 Via Del Bravo Rancho Santa Fe, CA 2
    • 3 beds 3 baths ∙ 2,586 Sqft ∙ Built 1977 3 beds 3 baths ∙ 2,586 Sqft ∙ Built 1977
    • Rent
    • Rent Per SQFT
    •  
    • $5,740
    • $2.22
    •  
  • 16936 Via De Santa Fe Rancho Santa Fe, CA 1
    • 3 beds 2 baths ∙ 2,345 Sqft ∙ Built 1977 3 beds 2 baths ∙ 2,345 Sqft ∙ Built 1977
    LEASED 06/27/20
    • Rent
    • Rent Per SQFT
    •  
    • $4,650
    • $1.98
    •  
PROPERTY LISTING DETAILS
Lorenzo Sorano
1.858.356.8088
Berkshire Hathaway Homeservice
BESbswy