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6142 Blue Dawn Trl San Diego, CA 92130

4 Beds 3 Baths 2,408 sqft Built 2008

INVESTimate

$1,199,000

List Price

$4,290

$4,040 - $4,540

Rent Est.

$1,261,948  ( +5.25%)   1 YR EST. FORECAST

PROPERTY INFO

FACTS
  • Built In 2008
  • Price/Sqft : $497.92
  • 15 Days on Market
  • MLS # : 200040228
  • Updated Date : 08/22/2020 at 15:26
CONSTRUCTION
  • Beds : 4
  • Floor Size : 2,408 sqft
  • Baths : 2 full , 1 half
Listing Agent

Windermere Homes & Estates

Listing Agent's Description

Very Desirable Location & Lot in the community of West Portico. Walk to the nearby Recreational Center w/ Pool, Spa, Kids Water-Theme Park, BBQ, and Fitness Room. Stainless steel appliances, granite kitchen counters, wood floors through and carpet in the all the bedrooms. An additional upstairs loft to use as an extra bedroom or just to lounge. Great family neighborhood with many walking, running or biking options. Award winning schools, shopping and restaurants nearby.

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: 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
 

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

PURCHASE PRICE

$3,861$4,719$4,290

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$3.0M

PROJECTED ANNUAL CASH FLOW

11530-$30k-$20k-$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$3.0M

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $4,290
EXPENSES Loan Payment -$4,424
Property Tax -$1,365
Property Insurance -$88
HOA -$145
Property Management Fees -$129
CASH FLOW
-$1,860

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

$4,290

PROJECTED RENT

0.36%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 4.65%
Appreciation Year (1-5) 5.25%
Maintenance Year (1-5) 8.00%
Vacancy 5.45%
Length of Stay Years 2

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 70% 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

0.25

YEARS SAVED

$570

INTEREST SAVED

CASH FLOW REINVESTMENT

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

  • $4,290

    LIST RENT
  • $1.78

    LIST RENT PER SQFT
  • COMP ESTIMATED VALUE
  • COMP AVG. RENT PER SQFT
Comps Range
$4,290
1$4,290
$4,290
RENT COMPS ANALYSIS
  • 6142 Blue Dawn Trl San Diego,
    • 4 beds 3 baths ∙ 2,408 Sqft ∙ Built 2008 4 beds 3 baths ∙ 2,408 Sqft ∙ Built 2008
    • Rent
    • Rent Per SQFT
    •  
    • $4,290
    • $1.78
    •  
PROPERTY LISTING DETAILS
Elizabeth Lovenberg
1.858.775.7993
Windermere Homes & Estates
BESbswy