Work with a dedicated Real Estate Advisor who will take your financial preferences and help you select and acquire properties that fit your criteria. Learn more

5062 Dubois Dr San Diego, CA 92117

5 Beds 3 Baths 1,947 sqft Built 1958

INVESTimate

$719,000

List Price

$3,370

$3,120 - $3,620

Rent Est.

$779,252  ( +8.38%)   1 YR EST. FORECAST

PROPERTY INFO

August 23, 2020 RECENTLY ADDED
FACTS
  • Built In 1958
  • Price/Sqft : $369.29
  • 4 Days on Market
  • MLS # : 200040835
  • Updated Date : 08/24/2020 at 02:43
CONSTRUCTION
  • Beds : 5
  • Floor Size : 1,947 sqft
  • Baths : 3 full
Listing Agent

Glenn D Mitchel, Realtors

Listing Agent's Description

Central to all in the desirable location of North Clairemont, this home has plenty of room for all. Tailor the house to fit your needs. Don't need 5 bedrooms? Use the room upstairs as a game room or family room. Backyard divided into a nicely appointed entertaining space with never-water turf, and a separate fenced off area for a dog run, or your own vegetable garden. Gleaming hardwood floors and newly finished walls and ceilings add to the features.

SEE MORE

MARKET HIGHLIGHTS

  • 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.
  • 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]

PRICE & RENT TRENDS

Neighborhood: North Clairemont

NeighborhoodNIR Market*CityMarket2010Year20002019250k300k350k400k450k500k550k600kPrice in $223k642k

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

Neighborhood: North Clairemont

NeighborhoodNIR Market*CityMarket2010Year2000 Q42019 Q21600180020002200240026002800Rent in $15142982

* 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
Whitman Elementary School Primary Regular 265 15 3
Innovation Middle School Middle Regular 434 19 4
Madison High School High Regular 1,161 60 5

Whitman Elementary School

  • Education Level: Primary
  • # of students: 265
  • # of teachers: 15
3
GreatSchools Rating

Innovation Middle School

  • Education Level: Middle
  • # of students: 434
  • # of teachers: 19
4
GreatSchools Rating

Madison High School

  • Education Level: High
  • # of students: 1,161
  • # of teachers: 60
5
GreatSchools Rating
 

$647,100$790,900$719,000

PURCHASE PRICE

$3,033$3,707$3,370

RENT

DOWN PAYMENT
FINANCING

PROJECTED ACCUMULATED WEALTH

30 YEAR PROJECTION

  • Cash Flow
  • Appreciation
  • Principal
11530$0.0$500k$1.0M$1.5M$2.0M$2.5M

PROJECTED ANNUAL CASH FLOW

11530-$5.0k$0.0$5.0k$10k$15k$20k$25k$30k$35k

PROJECTED PROPERTY VALUE

30 YEAR PROJECTION

  • Appreciation
  • Principal
  • Loan Balance
11530$0.0$500k$1.0M$1.5M$2.0M

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $3,370
EXPENSES Loan Payment -$2,653
Property Tax -$697
Property Insurance -$76
Property Management Fees -$129
CASH FLOW
-$185

This is the estimated cash flow generated during a typical maintenance-free month. It is recommended that investors set aside 13% of earned rent to cover both maintenance and periods of vacancy.

$719,000

PROJECTED PRICE

$3,370

PROJECTED RENT

0.47%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 4.42%
Appreciation Year (1-5) 8.38%
Maintenance Year (1-5) 8.00%
Vacancy 4.80%
Length of Stay Years 2

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$196,285

INVESTMENT

$196,285

Down Payment
$179,750
Rehab Estimate
$5,750
Closing Costs
$10,785

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

A 45% down payment or higher enables the proceeds from the asset to cover all costs.

$2,653

MONTHLY LOAN PAYMENT

30 yr
Term
4.25%
Interest
25.00%
Down Payment
Term 30 Years
Interest 4.25%
Down Payment $179,750
Loan Amount $539,250
See What Happens When You Reinvest Cash Flow

6.08

YEARS SAVED

$58,697

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
  • $3,602

    COMP ESTIMATED VALUE
  • $1.85

    COMP AVG. RENT PER SQFT
Comps Range
$0
1$02$3,1953$3,2004$4,500
$4,500
RENT COMPS ANALYSIS
  • 5062 Dubois Dr San Diego, 1
    • 5 beds 3 baths ∙ 1,947 Sqft ∙ Built 1958 5 beds 3 baths ∙ 1,947 Sqft ∙ Built 1958
    property image
    • Rent
    • Rent Per SQFT
    •  
    • $0
    • $0.00
    •  
  • 4876 Cannington San Diego, 2
    • 4 beds 3 baths ∙ 1,997 Sqft ∙ Built 1976 4 beds 3 baths ∙ 1,997 Sqft ∙ Built 1976
    property image
    LEASED 04/29/19
    • Rent
    • Rent Per SQFT
    •  
    • $3,195
    • $1.60
    •  
  • 4164 Balboa Way San Diego, 3
    • 4 beds 3 baths ∙ 1,920 Sqft ∙ Built 1967 4 beds 3 baths ∙ 1,920 Sqft ∙ Built 1967
    property image
    LEASED 06/12/19
    • Rent
    • Rent Per SQFT
    •  
    • $3,200
    • $1.67
    •  
  • 4947 Conrad Ct San Diego, 4
    • 4 beds 3 baths ∙ 1,973 Sqft ∙ Built 1969 4 beds 3 baths ∙ 1,973 Sqft ∙ Built 1969
    property image
    LEASED 04/09/19
    • Rent
    • Rent Per SQFT
    •  
    • $4,500
    • $2.28
    •  
PROPERTY LISTING DETAILS
Mary Ellen Haywood
1.619.994.5515
Glenn D Mitchel, Realtors
BESbswy