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33142 Acapulco Drive Dana Point, CA 92629

4 Beds 3 Baths 2,702 sqft Built 1972

$1,143,900

List Price

$4,250

$4K - $4.5K

Rent Est.

PROPERTY INFO

SINGLE-FAMILY
February 21, 2021 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 1972
  • Price/Sqft : $423.35
  • 8 Days on Market
  • MLS # : LG21036146
  • Updated Date : 02/21/2021 at 14:05
CONSTRUCTION
  • Beds : 4
  • Floor Size : 2,702 sqft
  • Baths : 2 full , 1 half
Listing Agent

Active Realty Inc

Listing Agent's Description

Beautiful 4 bedroom, 2.5 bathroom, 2 story home with a gated courtyard entry in the community of Dana D’Oro in Dana Point! Enjoy Cathedral ceilings, hardwood flooring, and a gourmet kitchen. The kitchen offers granite countertops, a breakfast bar, stainless steel appliances, and views to the back yard. The family room features an inviting fireplace and sliding doors to the outdoor patio. A grand staircase leads upstairs to the primary bedroom, private balcony, and secondary bedrooms. Additional features include serene ceiling fans, a downstairs office, very private back yard, 2 car garage, and no HOA. Convenient to area beaches, world-class resorts, Dana Point Harbor, schools, and easy access to major freeways!

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 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)
  • Southern California's economy is worth $1.58 trillion in Gross Metro Product and projected to grow to $1.67 trillion (USMayors.org, 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)
  • 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)
  • Los Angeles has been awarded the 2028 Olympics under a funding commitment of $88 billion to upgrade the transportation infrastructure connecting disparate pockets of the metro area. This is expected to produce additional employment in the coming years. (BCG, 2018)
  • As part of Southern California area, Orange County market inherits all the benefits from the area.

PRICE & RENT TRENDS

Neighborhood: Dana Point

NeighborhoodNIR Market*CityMarket2010Year20002019300k400k500k600k700k800k900k1000k1100kPrice in $272k1107k

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

Neighborhood: Dana Point

NeighborhoodNIR Market*CityMarket2010Year2000 Q22019 Q2200022002400260028003000320034003600380040004200Rent in $19814202

* 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
John S. Malcom Elementary School Primary Regular 709 21 9
Marco Forster Middle School Middle Regular 1,360 56 6
Dana Hills High School High Regular 2,716 97 9

John S. Malcom Elementary School

  • Education Level: Primary
  • # of students: 709
  • # of teachers: 21
9
GreatSchools Rating

Marco Forster Middle School

  • Education Level: Middle
  • # of students: 1,360
  • # of teachers: 56
6
GreatSchools Rating

Dana Hills High School

  • Education Level: High
  • # of students: 2,716
  • # of teachers: 97
9
GreatSchools Rating
 

$1,029,510$1,258,290$1,143,900

PURCHASE PRICE

$3,825$4,675$4,250

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $4,250
EXPENSES Loan Payment -$3,973
Property Tax -$1,163
Property Insurance -$92
Property Management Fees -$208
CASH FLOW
-$1,187

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.

$1,143,900

PROJECTED PRICE

$4,250

PROJECTED RENT

0.37%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 4.08%
Appreciation Year (1-5) 6.6%
Maintenance Year (1-5) 8.00%
Vacancy 5.81%
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-$20k-$10k$0.0$10k$20k

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$308,884

INVESTMENT

$308,884

Down Payment
$285,975
Rehab Estimate
$5,750
Closing Costs
$17,159

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

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

$3,973

MONTHLY LOAN PAYMENT

30 yr
Term
3.75%
Interest
25.00%
Down Payment
Term 30 Years
Interest 3.75%
Down Payment $285,975
Loan Amount $857,925
See What Happens When You Reinvest Cash Flow

0.67

YEARS SAVED

$3,496

INTEREST SAVED

CASH FLOW REINVESTMENT

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

  • $4,250

    LIST RENT
  • $1.57

    LIST RENT PER SQFT
  • $4,398

    COMP ESTIMATED VALUE
  • $1.63

    COMP AVG. RENT PER SQFT
Comps Range
$4,000
1$4,0002$4,2003$4,2504$4,8005$4,900
$4,900
RENT COMPS ANALYSIS
  • 33142 Acapulco Drive Dana Point, CA 3
    • 4 beds 3 baths ∙ 2,702 Sqft ∙ Built 1972 4 beds 3 baths ∙ 2,702 Sqft ∙ Built 1972
    • Rent
    • Rent Per SQFT
    •  
    • $4,250
    • $1.57
    •  
  • 33132 Elisa Drive Dana Point, CA 1
    • 4 beds 3 baths ∙ 2,702 Sqft ∙ Built 1973 4 beds 3 baths ∙ 2,702 Sqft ∙ Built 1973
    LEASED 06/23/20
    • Rent
    • Rent Per SQFT
    •  
    • $4,000
    • $1.48
    •  
  • 32974 Danateak Dana Point, CA 2
    • 5 beds 3 baths ∙ 2,547 Sqft ∙ Built 1986 5 beds 3 baths ∙ 2,547 Sqft ∙ Built 1986
    LEASED 08/21/20
    • Rent
    • Rent Per SQFT
    •  
    • $4,200
    • $1.65
    •  
  • 25116 Via Pacifica Dana Point, CA 4
    • 4 beds 3 baths ∙ 2,890 Sqft ∙ Built 1978 4 beds 3 baths ∙ 2,890 Sqft ∙ Built 1978
    LEASED 10/15/20
    • Rent
    • Rent Per SQFT
    •  
    • $4,800
    • $1.66
    •  
  • 32961 Buccaneer Street Dana Point, CA 5
    • 4 beds 3 baths ∙ 2,846 Sqft ∙ Built 1974 4 beds 3 baths ∙ 2,846 Sqft ∙ Built 1974
    LEASED 11/07/20
    • Rent
    • Rent Per SQFT
    •  
    • $4,900
    • $1.72
    •  
PROPERTY LISTING DETAILS
Justin Tye
Active Realty Inc
Darryl John Willis
1.866.250.5610
HomeUnion.com
Lic. BRE# 01526904
California Regional Multiple Listing Service ( CRMLS)
MLS #: LG21036146
Last Updated: 02/21/2021
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