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4 Saint Pierre Rancho Santa Margarita, CA 92679

5 Beds 2 Baths 2,533 sqft Built 1995

$925,000

List Price

$3,680

$3.4K - $3.9K

Rent Est.

PROPERTY INFO

December 10, 2020 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 1995
  • Price/Sqft : $365.18
  • 4 Days on Market
  • MLS # : OC20248093
  • Updated Date : 12/10/2020 at 20:03
CONSTRUCTION
  • Beds : 5
  • Floor Size : 2,533 sqft
  • Baths : 2 full
Listing Agent

Homesmart, Evergreen Realty

Listing Agent's Description

Dove Canyon is one of Orange Counties Premier Gated Communities and is home to The Jack Nicklaus Designed Dove Canyon Golf Course and Country Club. As You Enter This Beautiful Dove Canyon Home you are greeted by soaring ceilings in the living room complete with a warm and inviting fireplace linked by the dining area for all those great family meals together. The kitchen cabinetry has soft close drawers with granite counters, stainless steel appliances, a center island with room for seating and is open to the family room that offers a dual sided fireplace for staying warm and cozy all winter long. The large master suite and adjoining bathroom includes a walk-in closet(s), dual sinks and a separate tub and shower. Three additional bedrooms upstairs are very spacious and the one downstairs has a nook area making this perfect for a home office or would easily could convert into a closet. The backyard is an entertainers delight and includes a built-in BBQ, a grassy area for running around and grapes growing on the vine. Community features 4 lighted tennis courts, sport courts, Jr Olympic size pool, BBQ areas, a tot lot and more! Located in the award-winning Capistrano Unified School District plus plenty of excellent private schools. Best price 5-Bedroom home in Dove Canyon!

SEE MORE

MARKET HIGHLIGHTS

  • 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.
  • Southern California area contributes to 55.3% of California state economy i.e. Gross State Product (USMayors.org, 2018)

PRICE & RENT TRENDS

Neighborhood: Springs Country Club

ZipNIR Market*Market2010Year20002019300k400k500k600k700k800k900k1000kPrice in $272k1016k

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

Neighborhood: Springs Country Club

ZipNIR Market*Market2010Year2000 Q22019 Q220002200240026002800300032003400360038004000Rent in $19814169

* 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
Rancho Mirage Elementary School Primary Regular 422 16 6
Nellie N. Coffman Middle School Middle Regular 1,081 43 3
Rancho Mirage High School High Unknown 1,196 50 NA

Rancho Mirage Elementary School

  • Education Level: Primary
  • # of students: 422
  • # of teachers: 16
6
GreatSchools Rating

Nellie N. Coffman Middle School

  • Education Level: Middle
  • # of students: 1,081
  • # of teachers: 43
3
GreatSchools Rating

Rancho Mirage High School

  • Education Level: High
  • # of students: 1,196
  • # of teachers: 50
NA
GreatSchools Rating
 

$832,500$1,017,500$925,000

PURCHASE PRICE

$3,312$4,048$3,680

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $3,680
EXPENSES Loan Payment -$3,413
Property Tax -$787
Property Insurance -$88
HOA -$310
Property Management Fees -$180
CASH FLOW
-$1,099

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.

$925,000

PROJECTED PRICE

$3,680

PROJECTED RENT

0.40%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 4.08%
Appreciation Year (1-5) 3.8%
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

PROJECTED ANNUAL CASH FLOW

11530-$20k-$15k-$10k-$5.0k$0.0$5.0k$10k$15k

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$250,875

INVESTMENT

$250,875

Down Payment
$231,250
Rehab Estimate
$5,750
Closing Costs
$13,875

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

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

$3,413

MONTHLY LOAN PAYMENT

30 yr
Term
4.25%
Interest
25.00%
Down Payment
Term 30 Years
Interest 4.25%
Down Payment $231,250
Loan Amount $693,750
See What Happens When You Reinvest Cash Flow

0.5

YEARS SAVED

$1,765

INTEREST SAVED

CASH FLOW REINVESTMENT

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

  • $3,680

    LIST RENT
  • $1.45

    LIST RENT PER SQFT
  • $3,724

    COMP ESTIMATED VALUE
  • $1.47

    COMP AVG. RENT PER SQFT
Comps Range
$3,680
1$3,6802$3,9003$4,350
$4,350
RENT COMPS ANALYSIS
  • 4 Saint Pierre Rancho Santa Margarita, CA 1
    • 5 beds 2 baths ∙ 2,533 Sqft ∙ Built 1995 5 beds 2 baths ∙ 2,533 Sqft ∙ Built 1995
    property image
    • Rent
    • Rent Per SQFT
    •  
    • $3,680
    • $1.45
    •  
  • 16 Via Encaro Rancho Santa Margarita, CA 2
    • 5 beds 4 baths ∙ 2,724 Sqft ∙ Built 1991 5 beds 4 baths ∙ 2,724 Sqft ∙ Built 1991
    property image
    LEASED 09/01/20
    • Rent
    • Rent Per SQFT
    •  
    • $3,900
    • $1.43
    •  
  • 1 Via Vison Rancho Santa Margarita, CA 3
    • 4 beds 3 baths ∙ 2,872 Sqft ∙ Built 1998 4 beds 3 baths ∙ 2,872 Sqft ∙ Built 1998
    property image
    LEASED 09/22/20
    • Rent
    • Rent Per SQFT
    •  
    • $4,350
    • $1.51
    •  
PROPERTY LISTING DETAILS
Angela Hackler
Homesmart, Evergreen Realty
Darryl John Willis
1.866.250.5610
HomeUnion.com
Lic. BRE# 01526904
California Regional Multiple Listing Service ( CRMLS)
MLS #: OC20248093
Last Updated: 12/10/2020
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