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5780 Ginger Glen Trail San Diego, CA 92130

4 Beds 3 Baths 2,056 sqft Built 2006

$1,275,000

List Price

$3,970

$3.7K - $4.2K

Rent Est.

PROPERTY INFO

FACTS
  • Built In 2006
  • Price/Sqft : $620.14
  • 28 Days on Market
  • MLS # : 200047822
  • Updated Date : 10/27/2020 at 06:56
CONSTRUCTION
  • Beds : 4
  • Floor Size : 2,056 sqft
  • Baths : 3 full
Listing Agent

Rancho Real Estate Company

Listing Agent's Description

Gorgeous home in Pacific Highlands Ranch! Walk to award winning elementary, middle & high schools. The Village at PHR w/ Trader Joe's & restaurants is conveniently located across the street. Rare opportunity to own one of the largest lots in Arabella featuring fruit trees, BBQ island and more! Tasteful upgrades throughout - travertine, marble and hardwood laminate floors, custom paint, built-ins, dramatic staircase w/ decorative iron, guest bedroom/ office & bath on the 1st floor. Resort-like rec center!

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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: Pacific Highlands Ranch

NeighborhoodNIR Market*CityMarket2010Year20002019300k400k500k600k700k800k900k1000k1100k1200kPrice in $233k1266k

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

Neighborhood: Pacific Highlands Ranch

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
Solana Ranch School Primary Regular 470 23 NA
Pacific Trails Middle School Middle Regular NA
Torrey Pines High School High Regular 2,752 103 10

Solana Ranch School

  • Education Level: Primary
  • # of students: 470
  • # of teachers: 23
NA
GreatSchools Rating

Pacific Trails Middle School

  • Education Level: Middle
  • # of students:
  • # of teachers:
NA
GreatSchools Rating

Torrey Pines High School

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

$1,147,500$1,402,500$1,275,000

PURCHASE PRICE

$3,573$4,367$3,970

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $3,970
EXPENSES Loan Payment -$4,704
Property Tax -$1,451
Property Insurance -$79
HOA -$84
Property Management Fees -$129
CASH FLOW
-$2,477

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.

$1,275,000

PROJECTED PRICE

$3,970

PROJECTED RENT

0.31%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 4.65%
Appreciation Year (1-5) 5.3%
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$3.5M

PROJECTED ANNUAL CASH FLOW

11530-$40k-$30k-$20k-$10k$0.0

PROJECTED PROPERTY VALUE

30 YEAR PROJECTION

  • Appreciation
  • Principal
  • Loan Balance
11530$0.0$500k$1.0M$1.5M$2.0M$2.5M$3.0M$3.5M

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$343,625

INVESTMENT

$343,625

Down Payment
$318,750
Rehab Estimate
$5,750
Closing Costs
$19,125

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

A 75% down payment or higher enables the proceeds from the asset to cover all costs.

$4,704

MONTHLY LOAN PAYMENT

30 yr
Term
4.25%
Interest
25.00%
Down Payment
Term 30 Years
Interest 4.25%
Down Payment $318,750
Loan Amount $956,250
See What Happens When You Reinvest Cash Flow

0.08

YEARS SAVED

$111

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
  • $4,127

    COMP ESTIMATED VALUE
  • $2.01

    COMP AVG. RENT PER SQFT
Comps Range
$0
1$02$3,9503$4,2004$4,2005$4,350
$4,350
RENT COMPS ANALYSIS
  • 5780 Ginger Glen Trail San Diego, CA 1
    • 4 beds 3 baths ∙ 2,056 Sqft ∙ Built 2006 4 beds 3 baths ∙ 2,056 Sqft ∙ Built 2006
    property image
    • Rent
    • Rent Per SQFT
    •  
    • $0
    • $0.00
    •  
  • 12932 Peppergrass Creek Gate #57 San Diego, CA 2
    • 4 beds 4 baths ∙ 2,032 Sqft ∙ Built 2018 4 beds 4 baths ∙ 2,032 Sqft ∙ Built 2018
    property image
    LEASED 09/23/20
    • Rent
    • Rent Per SQFT
    •  
    • $3,950
    • $1.94
    •  
  • 5751 Cornflower Trail San Diego, CA 3
    • 4 beds 3 baths ∙ 2,056 Sqft ∙ Built 2005 4 beds 3 baths ∙ 2,056 Sqft ∙ Built 2005
    property image
    LEASED 04/28/20
    • Rent
    • Rent Per SQFT
    •  
    • $4,200
    • $2.04
    •  
  • 13530 Moonflower Meadows Trl San Diego, CA 4
    • 3 beds 3 baths ∙ 2,056 Sqft ∙ Built 2008 3 beds 3 baths ∙ 2,056 Sqft ∙ Built 2008
    property image
    LEASED 04/29/20
    • Rent
    • Rent Per SQFT
    •  
    • $4,200
    • $2.04
    •  
  • 6152 Blue Dawn San Diego, CA 5
    • 4 beds 3 baths ∙ 2,165 Sqft ∙ Built 2007 4 beds 3 baths ∙ 2,165 Sqft ∙ Built 2007
    property image
    LEASED 03/21/20
    • Rent
    • Rent Per SQFT
    •  
    • $4,350
    • $2.01
    •  
PROPERTY LISTING DETAILS
Catryn Fowler
1.619.850.6978
Rancho Real Estate Company
BESbswy