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18057 Valladares Dr San Diego, CA 92127

4 Beds 2 Baths 1,560 sqft Built 1980

$799,000

List Price

$2,890

$2.6K - $3.1K

Rent Est.

PROPERTY INFO

December 21, 2020 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 1980
  • Price/Sqft : $512.18
  • 7 Days on Market
  • MLS # : 200054416
  • Updated Date : 12/21/2020 at 22:13
CONSTRUCTION
  • Beds : 4
  • Floor Size : 1,560 sqft
  • Baths : 2 full
Listing Agent

Re/max Connections

Listing Agent's Description

Pride of Ownership Abounds in this Meticulously Maintained Single Story Home with Two Car Attached Garage with TONS of storage. Highly updated kitchen and baths. Newer Dual Pane Windows, Stainless Steele Appliances. Air Conditioning Unit. Vaulted ceiling with Crown Molding. Slate and Tile flooring, SolaTubes for extra lighting. Beautiful low maintenance landscape. Large yard and patio for entertaining. Low HOA's. No Mello Roos. The home has access to the renown Westwood Club with myriad amenities (Supp)

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: Rancho Bernardo

NeighborhoodNIR Market*CityMarket2010Year20002019250k300k350k400k450k500k550k600k650k700kPrice in $233k746k

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

Neighborhood: Rancho Bernardo

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
Westwood Elementary School Primary Regular 798 30 9
Bernardo Heights Middle School Middle Regular 1,449 55 8
Rancho Bernardo High School High Regular 2,183 80 9

Westwood Elementary School

  • Education Level: Primary
  • # of students: 798
  • # of teachers: 30
9
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
 

$719,100$878,900$799,000

PURCHASE PRICE

$2,601$3,179$2,890

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $2,890
EXPENSES Loan Payment -$2,948
Property Tax -$738
Property Insurance -$66
Property Management Fees -$129
CASH FLOW
-$991

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.

$799,000

PROJECTED PRICE

$2,890

PROJECTED RENT

0.36%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 4.41%
Appreciation Year (1-5) 6.0%
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-$15k-$10k-$5.0k$0.0$5.0k$10k$15k$20k

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$217,485

INVESTMENT

$217,485

Down Payment
$199,750
Rehab Estimate
$5,750
Closing Costs
$11,985

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

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

$2,948

MONTHLY LOAN PAYMENT

30 yr
Term
4.25%
Interest
25.00%
Down Payment
Term 30 Years
Interest 4.25%
Down Payment $199,750
Loan Amount $599,250
See What Happens When You Reinvest Cash Flow

1.17

YEARS SAVED

$4,510

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
  • $2,870

    COMP ESTIMATED VALUE
  • $1.84

    COMP AVG. RENT PER SQFT
Comps Range
$0
1$02$2,8503$2,9994$3,0005$3,495
$3,495
RENT COMPS ANALYSIS
  • 18057 Valladares Dr San Diego, CA 1
    • 4 beds 2 baths ∙ 1,560 Sqft ∙ Built 1980 4 beds 2 baths ∙ 1,560 Sqft ∙ Built 1980
    property image
    • Rent
    • Rent Per SQFT
    •  
    • $0
    • $0.00
    •  
  • 10819 Matinal Circle San Diego, CA 2
    • 3 beds 3 baths ∙ 1,622 Sqft ∙ Built 1986 3 beds 3 baths ∙ 1,622 Sqft ∙ Built 1986
    property image
    LEASED 10/25/19
    • Rent
    • Rent Per SQFT
    •  
    • $2,850
    • $1.76
    •  
  • 10941 Matinal Cir San Diego, CA 3
    • 3 beds 3 baths ∙ 1,622 Sqft ∙ Built 1986 3 beds 3 baths ∙ 1,622 Sqft ∙ Built 1986
    property image
    LEASED 07/19/20
    • Rent
    • Rent Per SQFT
    •  
    • $2,999
    • $1.85
    •  
  • 18542 Caminito Pasadero San Diego, CA 4
    • 3 beds 3 baths ∙ 1,606 Sqft ∙ Built 1997 3 beds 3 baths ∙ 1,606 Sqft ∙ Built 1997
    property image
    LEASED 05/06/20
    • Rent
    • Rent Per SQFT
    •  
    • $3,000
    • $1.87
    •  
  • 17606 Azucar Way San Diego, CA 5
    • 4 beds 3 baths ∙ 1,861 Sqft ∙ Built 1986 4 beds 3 baths ∙ 1,861 Sqft ∙ Built 1986
    property image
    LEASED 08/04/20
    • Rent
    • Rent Per SQFT
    •  
    • $3,495
    • $1.88
    •  
PROPERTY LISTING DETAILS
Jeff Hans
1.858.442.9244
Re/max Connections
BESbswy