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5 Pictor Court Coto De Caza, CA 92679

5 Beds 4 Baths 3,000 sqft Built 1999

$1,189,000

List Price

$4,430

$4.2K - $4.7K

Rent Est.

PROPERTY INFO

January 06, 2021 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 1999
  • Price/Sqft : $396.33
  • 6 Days on Market
  • MLS # : OC21002276
  • Updated Date : 01/06/2021 at 16:24
CONSTRUCTION
  • Beds : 5
  • Floor Size : 3,000 sqft
  • Baths : 4 full
Listing Agent

Re/max Real Estate Group

Listing Agent's Description

Welcome to 5 Pictor, a beautiful 5 bedroom 3.5 bathroom home located behind the guarded gates of Coto de Caza. Situated on a private cul de sac in the highly sought-after Courante neighborhood. Boasting captivating curb appeal and a rare long driveway this one of a kind home will not last long! As soon as you enter you are greeted by a grand formal living room with high ceilings and plenty of windows that allow for natural light. Dazzling chandeliers hang throughout the entire home. Spacious courtyard can be accessed by two sets of French doors and wraps around to the backyard. Elegant dining area is the perfect space to entertain guests for the holidays. Large kitchen features built-in appliances, beautiful white cabinetry and counter seating. Kitchen opens to a spacious breakfast nook and family room that boasts built-in entertainment center and charming brick fireplace. Downstairs includes guest bedroom and full bath. Expansive upstairs master suite with completely remodeled bathroom that includes his & hers sinks, freestanding tub, walk-in shower with rainfall showerhead and walk-in closet. 3 secondary bedrooms, 2 with en suite, complete the upper level. Spacious backyard boasts plenty of patio space to entertain and a grass area. Don’t miss this amazing opportunity and schedule a showing 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 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: Courante

NeighborhoodNIR Market*CityMarket2010Year20002019300k400k500k600k700k800k900k1000k1100k1200k1300k1400k1500k1600kPrice in $272k1641k

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

Neighborhood: Courante

NeighborhoodNIR Market*CityMarket2010Year2000 Q22019 Q2200025003000350040004500500055006000Rent in $19816043

* 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
Wagon Wheel Elementary School Primary Regular 554 18 10
Las Flores Middle School Middle Regular 1,053 40 9
Tesoro High School High Regular 2,355 89 9

Wagon Wheel Elementary School

  • Education Level: Primary
  • # of students: 554
  • # of teachers: 18
10
GreatSchools Rating

Las Flores Middle School

  • Education Level: Middle
  • # of students: 1,053
  • # of teachers: 40
9
GreatSchools Rating

Tesoro High School

  • Education Level: High
  • # of students: 2,355
  • # of teachers: 89
9
GreatSchools Rating
 

$1,070,100$1,307,900$1,189,000

PURCHASE PRICE

$3,987$4,873$4,430

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $4,430
EXPENSES Loan Payment -$4,130
Property Tax -$1,002
Property Insurance -$99
HOA -$235
Property Management Fees -$217
CASH FLOW
-$1,253

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.

$1,189,000

PROJECTED PRICE

$4,430

PROJECTED RENT

0.37%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 3.98%
Appreciation Year (1-5) 3.8%
Maintenance Year (1-5) 8.00%
Vacancy 6.31%
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

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

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$320,835

INVESTMENT

$320,835

Down Payment
$297,250
Rehab Estimate
$5,750
Closing Costs
$17,835

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

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

$4,130

MONTHLY LOAN PAYMENT

30 yr
Term
3.75%
Interest
25.00%
Down Payment
Term 30 Years
Interest 3.75%
Down Payment $297,250
Loan Amount $891,750
See What Happens When You Reinvest Cash Flow

0.58

YEARS SAVED

$2,658

INTEREST SAVED

CASH FLOW REINVESTMENT

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

  • $4,430

    LIST RENT
  • $1.48

    LIST RENT PER SQFT
  • $4,688

    COMP ESTIMATED VALUE
  • $1.56

    COMP AVG. RENT PER SQFT
Comps Range
$4,400
1$4,4002$4,4303$4,5004$4,7955$4,850
$4,850
RENT COMPS ANALYSIS
  • 5 Pictor Court Coto De Caza, CA 2
    • 5 beds 4 baths ∙ 3,000 Sqft ∙ Built 1999 5 beds 4 baths ∙ 3,000 Sqft ∙ Built 1999
    • Rent
    • Rent Per SQFT
    •  
    • $4,430
    • $1.48
    •  
  • 17 Gingham Street Trabuco Canyon, CA 1
    • 5 beds 3 baths ∙ 2,795 Sqft ∙ Built 1997 5 beds 3 baths ∙ 2,795 Sqft ∙ Built 1997
    LEASED 07/15/19
    • Rent
    • Rent Per SQFT
    •  
    • $4,400
    • $1.57
    •  
  • 12 Coastal Oak Lane Coto De Caza, CA 3
    • 5 beds 3 baths ∙ 3,053 Sqft ∙ Built 1997 5 beds 3 baths ∙ 3,053 Sqft ∙ Built 1997
    LEASED 09/11/19
    • Rent
    • Rent Per SQFT
    •  
    • $4,500
    • $1.47
    •  
  • 16 Sagitta Way Coto De Caza, CA 4
    • 4 beds 3 baths ∙ 2,900 Sqft ∙ Built 1999 4 beds 3 baths ∙ 2,900 Sqft ∙ Built 1999
    LEASED 07/12/19
    • Rent
    • Rent Per SQFT
    •  
    • $4,795
    • $1.65
    •  
  • 43 Charleston Lane Coto De Caza, CA 5
    • 4 beds 3 baths ∙ 3,100 Sqft ∙ Built 1998 4 beds 3 baths ∙ 3,100 Sqft ∙ Built 1998
    LEASED 08/09/20
    • Rent
    • Rent Per SQFT
    •  
    • $4,850
    • $1.56
    •  
PROPERTY LISTING DETAILS
Christina Bowen
Re/max Real Estate Group
Darryl John Willis
1.866.250.5610
HomeUnion.com
Lic. BRE# 01526904
California Regional Multiple Listing Service ( CRMLS)
MLS #: OC21002276
Last Updated: 01/06/2021
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