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

5412 Caminito Exquisito San Diego, CA 92130

4 Beds 3 Baths 2,087 sqft Built 1997

$1,199,000

List Price

$4,590

$4.3K - $4.8K

Rent Est.

PROPERTY INFO

December 05, 2020 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 1997
  • Price/Sqft : $574.51
  • 2 Days on Market
  • MLS # : 200053342
  • Updated Date : 12/05/2020 at 16:32
CONSTRUCTION
  • Beds : 4
  • Floor Size : 2,087 sqft
  • Baths : 3 full
Listing Agent

Compass

Listing Agent's Description

Welcome to Palacio Del Mar! This beautiful home is situated on the 9th tee, giving you incredible golf course views! This spacious home features a full bedroom & bathroom downstairs, cathedral ceilings, updated kitchen, fresh paint and a 3-car garage. Centrally located, Palacio Del Mar is a guard-gated community with endless resort-style amenities including tennis courts, basketball court, pool/spa, exercise room, clubhouse and playgrounds! Minutes from top-rated Carmel Valley Schools, shopping & more!

SEE MORE

MARKET HIGHLIGHTS

  • 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)
  • 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)

PRICE & RENT TRENDS

Neighborhood: Del Mar Mesa

NeighborhoodNIR Market*CityMarket2010Year20002019300k400k500k600k700k800k900k1000k1100k1200kPrice in $233k1296k

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

Neighborhood: Del Mar Mesa

NeighborhoodNIR Market*CityMarket2010Year2000 Q42019 Q22000250030003500400045005000Rent in $16275309

* 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
Sage Canyon School Primary Regular 710 32 10
Carmel Valley Middle School Middle Regular 1,531 56 10
Torrey Pines High School High Regular 2,752 103 10

Sage Canyon School

  • Education Level: Primary
  • # of students: 710
  • # of teachers: 32
10
GreatSchools Rating

Carmel Valley Middle School

  • Education Level: Middle
  • # of students: 1,531
  • # of teachers: 56
10
GreatSchools Rating

Torrey Pines High School

  • Education Level: High
  • # of students: 2,752
  • # of teachers: 103
10
GreatSchools Rating
 

$1,079,100$1,318,900$1,199,000

PURCHASE PRICE

$4,131$5,049$4,590

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $4,590
EXPENSES Loan Payment -$4,424
Property Tax -$1,156
Property Insurance -$80
HOA -$335
Property Management Fees -$129
CASH FLOW
-$1,533

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.

$1,199,000

PROJECTED PRICE

$4,590

PROJECTED RENT

0.38%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 4.65%
Appreciation Year (1-5) 5.2%
Maintenance Year (1-5) 8.00%
Vacancy 5.45%
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$30k

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$323,485

INVESTMENT

$323,485

Down Payment
$299,750
Rehab Estimate
$5,750
Closing Costs
$17,985

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

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

$4,424

MONTHLY LOAN PAYMENT

30 yr
Term
4.25%
Interest
25.00%
Down Payment
Term 30 Years
Interest 4.25%
Down Payment $299,750
Loan Amount $899,250
See What Happens When You Reinvest Cash Flow

1

YEARS SAVED

$5,706

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
  • $5,181

    COMP ESTIMATED VALUE
  • $2.48

    COMP AVG. RENT PER SQFT
Comps Range
$0
1$02$4,5003$4,7504$4,8005$5,000
$5,000
RENT COMPS ANALYSIS
  • 5412 Caminito Exquisito San Diego, CA 1
    • 4 beds 3 baths ∙ 2,087 Sqft ∙ Built 1997 4 beds 3 baths ∙ 2,087 Sqft ∙ Built 1997
    • Rent
    • Rent Per SQFT
    •  
    • $0
    • $0.00
    •  
  • 5123 Ruette De Mer San Diego, CA 2
    • 4 beds 3 baths ∙ 1,912 Sqft ∙ Built 1998 4 beds 3 baths ∙ 1,912 Sqft ∙ Built 1998
    LEASED 08/19/20
    • Rent
    • Rent Per SQFT
    •  
    • $4,500
    • $2.35
    •  
  • 4870 Caminito Exquisito San Diego, CA 3
    • 3 beds 2 baths ∙ 1,942 Sqft ∙ Built 1989 3 beds 2 baths ∙ 1,942 Sqft ∙ Built 1989
    LEASED 08/17/20
    • Rent
    • Rent Per SQFT
    •  
    • $4,750
    • $2.45
    •  
  • 5453 Caminito Exquisito San Diego, CA 4
    • 4 beds 3 baths ∙ 1,912 Sqft ∙ Built 1997 4 beds 3 baths ∙ 1,912 Sqft ∙ Built 1997
    LEASED 10/29/20
    • Rent
    • Rent Per SQFT
    •  
    • $4,800
    • $2.51
    •  
  • 5205 Caminito Exquisito San Diego, CA 5
    • 4 beds 3 baths ∙ 1,912 Sqft ∙ Built 1995 4 beds 3 baths ∙ 1,912 Sqft ∙ Built 1995
    LEASED 08/27/20
    • Rent
    • Rent Per SQFT
    •  
    • $5,000
    • $2.62
    •  
PROPERTY LISTING DETAILS
Emma Lefkowitz
1.858.880.5989
Compass
BESbswy