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3171 Naylor Rd San Diego, CA 92173

4 Beds 3 Baths 1,651 sqft Built 2001

$569,900

List Price

$2,940

$2.7K - $3.2K

Rent Est.

PROPERTY INFO

December 02, 2020 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 2001
  • Price/Sqft : $345.18
  • 6 Days on Market
  • MLS # : 200052925
  • Updated Date : 12/02/2020 at 03:22
CONSTRUCTION
  • Beds : 4
  • Floor Size : 1,651 sqft
  • Baths : 2 full , 1 half
Listing Agent

Core Real Estate Services

Listing Agent's Description

Beautiful 4 bed 2 bath single family home located in the Coral Gate Community. Master bedroom has walk-In Closet. The backyard is perfect for entertaining, two car garage. Lots of natural light. Close to the border and Las Americas shopping center.

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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: San Ysidro

NeighborhoodNIR Market*CityMarket2010Year20002019200k250k300k350k400k450k500k550k600kPrice in $184k621k

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

Neighborhood: San Ysidro

NeighborhoodNIR Market*CityMarket2010Year2000 Q42019 Q214001600180020002200240026002800Rent in $13542982

* 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
Willow Elementary School Primary Regular 1,029 40 3
San Ysidro Middle School Middle Regular 573 18 3
San Ysidro High School High Regular 2,460 86 5

Willow Elementary School

  • Education Level: Primary
  • # of students: 1,029
  • # of teachers: 40
3
GreatSchools Rating

San Ysidro Middle School

  • Education Level: Middle
  • # of students: 573
  • # of teachers: 18
3
GreatSchools Rating

San Ysidro High School

  • Education Level: High
  • # of students: 2,460
  • # of teachers: 86
5
GreatSchools Rating
 

$512,910$626,890$569,900

PURCHASE PRICE

$2,646$3,234$2,940

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $2,940
EXPENSES Loan Payment -$2,103
Property Tax -$572
Property Insurance -$69
Property Management Fees -$129
CASH FLOW
$67

This is the estimated cash flow generated during a typical maintenance-free month. It is recommended that investors set aside 12% of earned rent to cover both maintenance and periods of vacancy.

$569,900

PROJECTED PRICE

$2,940

PROJECTED RENT

0.52%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 4.15%
Appreciation Year (1-5) 7.2%
Maintenance Year (1-5) 8.00%
Vacancy 4.16%
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$0.0$5.0k$10k$15k$20k$25k$30k$35k

PROJECTED PROPERTY VALUE

30 YEAR PROJECTION

  • Appreciation
  • Principal
  • Loan Balance
11530$0.0$200k$400k$600k$800k$1.0M$1.2M$1.4M$1.6M$1.8M

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$156,774

INVESTMENT

$156,774

Down Payment
$142,475
Rehab Estimate
$5,750
Closing Costs
$8,549

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

A 40% down payment or higher enables the proceeds from the asset to cover all costs.

$2,103

MONTHLY LOAN PAYMENT

30 yr
Term
4.25%
Interest
25.00%
Down Payment
Term 30 Years
Interest 4.25%
Down Payment $142,475
Loan Amount $427,425
See What Happens When You Reinvest Cash Flow

8.08

YEARS SAVED

$70,751

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
  • $3,376

    COMP ESTIMATED VALUE
  • $2.05

    COMP AVG. RENT PER SQFT
Comps Range
$0
1$02$2,2003$3,830
$3,830
RENT COMPS ANALYSIS
  • 3171 Naylor Rd San Diego, CA 1
    • 4 beds 3 baths ∙ 1,651 Sqft ∙ Built 2001 4 beds 3 baths ∙ 1,651 Sqft ∙ Built 2001
    property image
    • Rent
    • Rent Per SQFT
    •  
    • $0
    • $0.00
    •  
  • 1536 Smythe Ave San Ysidro, CA 2
    • 3 beds 3 baths ∙ 1,408 Sqft ∙ Built 1993 3 beds 3 baths ∙ 1,408 Sqft ∙ Built 1993
    property image
    LEASED 03/24/20
    • Rent
    • Rent Per SQFT
    •  
    • $2,200
    • $1.56
    •  
  • 2928 Via Alta Place #57 San Diego, CA 3
    • 3 beds 3 baths ∙ 1,515 Sqft ∙ Built 2020 3 beds 3 baths ∙ 1,515 Sqft ∙ Built 2020
    property image
    LEASED 07/17/20
    • Rent
    • Rent Per SQFT
    •  
    • $3,830
    • $2.53
    •  
PROPERTY LISTING DETAILS
Eddie Nguyen
1.619.788.3343
Core Real Estate Services
BESbswy