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

5434 Foxtail Loop Carlsbad, CA 92010

4 Beds 3 Baths 2,335 sqft Built 2003

$899,000

List Price

$3,630

$3.4K - $3.9K

Rent Est.

PROPERTY INFO

November 07, 2020 RECENTLY ADDED
FACTS
  • Built In 2003
  • Price/Sqft : $385.01
  • 2 Days on Market
  • MLS # : 200051053
  • Updated Date : 11/07/2020 at 14:50
CONSTRUCTION
  • Beds : 4
  • Floor Size : 2,335 sqft
  • Baths : 3 full
Listing Agent

Kyle Crabb, Broker

Listing Agent's Description

This light & bright, four-bedroom home is located on a cul-de-sac street in the gated community of The Terraces at Sunny Creek. The home offers a downstairs bedroom & full bathroom, laminate flooring downstairs, an abundance of natural light, two bonus rooms, a large backyard, & more!

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: Rancho Carlsbad

NeighborhoodNIR Market*CityMarket2010Year20002019250k300k350k400k450k500k550k600k650k700k750k800k850kPrice in $223k892k

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

Neighborhood: Rancho Carlsbad

NeighborhoodNIR Market*CityMarket2010Year2000 Q42019 Q2160018002000220024002600280030003200340036003800Rent in $15143922

* 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
Hope Elementary School Primary Regular 619 22 9
Calavera Hills Middle School Middle Regular 458 18 7
Carlsbad High School High Regular 2,685 101 9

Hope Elementary School

  • Education Level: Primary
  • # of students: 619
  • # of teachers: 22
9
GreatSchools Rating

Calavera Hills Middle School

  • Education Level: Middle
  • # of students: 458
  • # of teachers: 18
7
GreatSchools Rating

Carlsbad High School

  • Education Level: High
  • # of students: 2,685
  • # of teachers: 101
9
GreatSchools Rating
 

$809,100$988,900$899,000

PURCHASE PRICE

$3,267$3,993$3,630

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $3,630
EXPENSES Loan Payment -$3,317
Property Tax -$889
Property Insurance -$86
HOA -$198
Property Management Fees -$129
CASH FLOW
-$989

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.

$899,000

PROJECTED PRICE

$3,630

PROJECTED RENT

0.40%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 4.42%
Appreciation Year (1-5) 4.6%
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$2.5M

PROJECTED ANNUAL CASH FLOW

11530-$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

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$243,985

INVESTMENT

$243,985

Down Payment
$224,750
Rehab Estimate
$5,750
Closing Costs
$13,485

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

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

$3,317

MONTHLY LOAN PAYMENT

30 yr
Term
4.25%
Interest
25.00%
Down Payment
Term 30 Years
Interest 4.25%
Down Payment $224,750
Loan Amount $674,250
See What Happens When You Reinvest Cash Flow

1.58

YEARS SAVED

$10,033

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
  • $3,596

    COMP ESTIMATED VALUE
  • $1.54

    COMP AVG. RENT PER SQFT
Comps Range
$0
1$02$2,4753$3,3004$3,800
$3,800
RENT COMPS ANALYSIS
  • 5434 Foxtail Loop Carlsbad, CA 1
    • 4 beds 3 baths ∙ 2,335 Sqft ∙ Built 2003 4 beds 3 baths ∙ 2,335 Sqft ∙ Built 2003
    • Rent
    • Rent Per SQFT
    •  
    • $0
    • $0.00
    •  
  • 5198 Don Rodolfo Drive Carlsbad, CA 2
    • 3 beds 2 baths ∙ 2,004 Sqft ∙ Built 1986 3 beds 2 baths ∙ 2,004 Sqft ∙ Built 1986
    LEASED 07/16/20
    • Rent
    • Rent Per SQFT
    •  
    • $2,475
    • $1.24
    •  
  • 5060 Nighthawk Way Oceanside, CA 3
    • 4 beds 3 baths ∙ 2,251 Sqft ∙ Built 1989 4 beds 3 baths ∙ 2,251 Sqft ∙ Built 1989
    LEASED 04/27/20
    • Rent
    • Rent Per SQFT
    •  
    • $3,300
    • $1.47
    •  
  • 2402 Trona Way Carlsbad, CA 4
    • 3 beds 4 baths ∙ 1,989 Sqft ∙ Built 2011 3 beds 4 baths ∙ 1,989 Sqft ∙ Built 2011
    LEASED 02/08/20
    • Rent
    • Rent Per SQFT
    •  
    • $3,800
    • $1.91
    •  
PROPERTY LISTING DETAILS
Cristian Crabb
1.858.753.8445
Kyle Crabb, Broker
BESbswy