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1854 Shadetree San Marcos, CA 92078

5 Beds 5 Baths 3,575 sqft Built 2005

$1,150,000

List Price

$4,710

$4.5K - $5K

Rent Est.

PROPERTY INFO

SINGLE-FAMILY
February 25, 2021 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 2005
  • Price/Sqft : $321.68
  • 4 Days on Market
  • MLS # : 210004871
  • Updated Date : 02/25/2021 at 14:37
CONSTRUCTION
  • Beds : 5
  • Floor Size : 3,575 sqft
  • Baths : 4 full , 1 half
Listing Agent

Pierce & Co.

Listing Agent's Description

This absolutely stunning home is located in the coveted Old Creek Ranch neighborhood of San Elijo Hills. Nestled between Carlsbad and San Marcos, this location affords all modern conveniences while being just minutes from Elfin Forest Nature Preserve. This home is complete with gorgeous Spanish tile accents , wood architecture and upgraded crown moulding throughout. One of the largest floorpans in the neighborhood, this lot is generous in size and offers total privacy as both front and back yards are landscaped with mature trees. Great attention to detail as well as quality, and this home is located within one of the most sought-after school districts in all of San Diego County. Call to schedule your private tour today!

SEE MORE

MARKET HIGHLIGHTS

  • 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)
  • As part of Southern California area, San Diego market inherits all the benefits from the area.

PRICE & RENT TRENDS

Neighborhood: University Commons

NeighborhoodNIR Market*CityMarket2010Year20002019250k300k350k400k450k500k550k600k650k700kPrice in $240k746k

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

Neighborhood: University Commons

NeighborhoodNIR Market*CityMarket2010Year2000 Q42019 Q2180020002200240026002800300032003400360038004000Rent in $16264132

* 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
Carrillo Elementary School Primary Regular 1,058 40 9
San Elijo Middle School Middle Regular 1,850 61 9
San Marcos High School High Regular 2,776 101 9

Carrillo Elementary School

  • Education Level: Primary
  • # of students: 1,058
  • # of teachers: 40
9
GreatSchools Rating

San Elijo Middle School

  • Education Level: Middle
  • # of students: 1,850
  • # of teachers: 61
9
GreatSchools Rating

San Marcos High School

  • Education Level: High
  • # of students: 2,776
  • # of teachers: 101
9
GreatSchools Rating
 

$1,035,000$1,265,000$1,150,000

PURCHASE PRICE

$4,239$5,181$4,710

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $4,710
EXPENSES Loan Payment -$3,994
Property Tax -$1,241
Property Insurance -$117
HOA -$30
Property Management Fees -$129
CASH FLOW
-$801

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.

$1,150,000

PROJECTED PRICE

$4,710

PROJECTED RENT

0.41%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 4.41%
Appreciation Year (1-5) 8.7%
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-$10k$0.0$10k$20k$30k$40k

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$310,500

INVESTMENT

$310,500

Down Payment
$287,500
Rehab Estimate
$5,750
Closing Costs
$17,250

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

A 55% down payment or higher enables the proceeds from the asset to cover all costs.

$3,994

MONTHLY LOAN PAYMENT

30 yr
Term
3.75%
Interest
25.00%
Down Payment
Term 30 Years
Interest 3.75%
Down Payment $287,500
Loan Amount $862,500
See What Happens When You Reinvest Cash Flow

3.17

YEARS SAVED

$28,528

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
  • $5,029

    COMP ESTIMATED VALUE
  • $1.41

    COMP AVG. RENT PER SQFT
Comps Range
$0
1$02$4,7003$4,7504$5,100
$5,100
RENT COMPS ANALYSIS
  • 1854 Shadetree San Marcos, CA 1
    • 5 beds 5 baths ∙ 3,575 Sqft ∙ Built 2005 5 beds 5 baths ∙ 3,575 Sqft ∙ Built 2005
    • Rent
    • Rent Per SQFT
    •  
    • $0
    • $0.00
    •  
  • 6452 Paseo Cerro Carlsbad, CA 2
    • 6 beds 4 baths ∙ 3,408 Sqft ∙ Built 2003 6 beds 4 baths ∙ 3,408 Sqft ∙ Built 2003
    LEASED 01/23/20
    • Rent
    • Rent Per SQFT
    •  
    • $4,700
    • $1.38
    •  
  • 1557 Stargaze Court San Marcos, CA 3
    • 4 beds 4 baths ∙ 3,453 Sqft ∙ Built 2002 4 beds 4 baths ∙ 3,453 Sqft ∙ Built 2002
    LEASED 04/09/20
    • Rent
    • Rent Per SQFT
    •  
    • $4,750
    • $1.38
    •  
  • 7294 Sitio Lirio Carlsbad, CA 4
    • 4 beds 4 baths ∙ 3,489 Sqft ∙ Built 2005 4 beds 4 baths ∙ 3,489 Sqft ∙ Built 2005
    LEASED 06/23/20
    • Rent
    • Rent Per SQFT
    •  
    • $5,100
    • $1.46
    •  
PROPERTY LISTING DETAILS
Jordan Griffin
1.858.999.7798
Pierce & Co.
1.866.250.5610
San Diego MLS ( SDMLS)
MLS #: 210004871
Last Updated: 02/25/2021
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