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5072 Acuna San Diego, CA 92117

3 Beds 2 Baths 1,395 sqft Built 1961

$699,900

List Price

$2,860

$2.6K - $3.1K

Rent Est.

PROPERTY INFO

FACTS
  • Built In 1961
  • Price/Sqft : $501.72
  • 28 Days on Market
  • MLS # : 200050635
  • Updated Date : 11/07/2020 at 18:07
CONSTRUCTION
  • Beds : 3
  • Floor Size : 1,395 sqft
  • Baths : 2 full
Listing Agent

Keller Williams Carmel Valley

Listing Agent's Description

ACUNA-MATATA!...No more worries your home search is over! As you arrive you'll see the Custom Stone/Stucco siding & long driveway. Enter into the Living Room complete with an Open-Beam Ceiling, Fireplace & Natural Skylight. A Modern Kitchen w/ Quartz Countertops, Mosaic Backsplash, Stainless Steel Appliances, Double Oven & dining area awaits. Plus a bonus Laundry Room! You'll love the open-beam Sun Room leading to your spacious backyard complete with pavers, a gas fire-pit & hook-ups for a BBQ/Grill.

SEE MORE

MARKET HIGHLIGHTS

  • 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]
  • 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)

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
Sequoia Elementary School Primary Regular 259 10 5
Sequoia Elementary School Middle Regular 259 10 5
Madison High School High Regular 1,161 60 5

Sequoia Elementary School

  • Education Level: Primary
  • # of students: 259
  • # of teachers: 10
5
GreatSchools Rating

Sequoia Elementary School

  • Education Level: Middle
  • # of students: 259
  • # of teachers: 10
5
GreatSchools Rating

Madison High School

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

$629,910$769,890$699,900

PURCHASE PRICE

$2,574$3,146$2,860

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $2,860
EXPENSES Loan Payment -$2,582
Property Tax -$678
Property Insurance -$62
Property Management Fees -$129
CASH FLOW
-$592

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.

$699,900

PROJECTED PRICE

$2,860

PROJECTED RENT

0.41%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 4.42%
Appreciation Year (1-5) 8.4%
Maintenance Year (1-5) 8.00%
Vacancy 4.80%
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-$10k-$5.0k$0.0$5.0k$10k$15k$20k$25k

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$191,224

INVESTMENT

$191,224

Down Payment
$174,975
Rehab Estimate
$5,750
Closing Costs
$10,499

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

A 60% down payment or higher enables the proceeds from the asset to cover all costs.

$2,582

MONTHLY LOAN PAYMENT

30 yr
Term
4.25%
Interest
25.00%
Down Payment
Term 30 Years
Interest 4.25%
Down Payment $174,975
Loan Amount $524,925
See What Happens When You Reinvest Cash Flow

2.92

YEARS SAVED

$18,945

INTEREST SAVED

CASH FLOW REINVESTMENT

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

  • $2,860

    LIST RENT
  • $2.05

    LIST RENT PER SQFT
  • $3,170

    COMP ESTIMATED VALUE
  • $2.27

    COMP AVG. RENT PER SQFT
Comps Range
$2,500
1$2,5002$2,8503$2,8604$3,2005$3,750
$3,750
RENT COMPS ANALYSIS
  • 5072 Acuna San Diego, CA 3
    • 3 beds 2 baths ∙ 1,395 Sqft ∙ Built 1961 3 beds 2 baths ∙ 1,395 Sqft ∙ Built 1961
    • Rent
    • Rent Per SQFT
    •  
    • $2,860
    • $2.05
    •  
  • 5402 Balboa Arms Dr #437 San Diego, CA 1
    • 3 beds 2 baths ∙ 1,094 Sqft ∙ Built 1971 3 beds 2 baths ∙ 1,094 Sqft ∙ Built 1971
    LEASED 09/21/20
    • Rent
    • Rent Per SQFT
    •  
    • $2,500
    • $2.29
    •  
  • 5839 Birkdale Way San Diego, CA 2
    • 3 beds 2 baths ∙ 1,286 Sqft ∙ Built 1966 3 beds 2 baths ∙ 1,286 Sqft ∙ Built 1966
    LEASED 09/14/20
    • Rent
    • Rent Per SQFT
    •  
    • $2,850
    • $2.22
    •  
  • 5349 Diane Ave San Diego, CA 4
    • 4 beds 2 baths ∙ 1,400 Sqft ∙ Built 1964 4 beds 2 baths ∙ 1,400 Sqft ∙ Built 1964
    LEASED 01/06/20
    • Rent
    • Rent Per SQFT
    •  
    • $3,200
    • $2.29
    •  
  • 4818 Royal Greens Pl San Diego, CA 5
    • 4 beds 3 baths ∙ 1,638 Sqft ∙ Built 1978 4 beds 3 baths ∙ 1,638 Sqft ∙ Built 1978
    LEASED 06/12/20
    • Rent
    • Rent Per SQFT
    •  
    • $3,750
    • $2.29
    •  
PROPERTY LISTING DETAILS
Laura Kelley
1.619.985.3362
Keller Williams Carmel Valley
BESbswy