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6603 Peregrine Pl Carlsbad, CA 92011

5 Beds 4 Baths 3,351 sqft Built 2019

$1,695,000

List Price

$5,480

$5.2K - $5.7K

Rent Est.

PROPERTY INFO

February 05, 2021 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 2019
  • Price/Sqft : $505.82
  • 4 Days on Market
  • MLS # : 210003055
  • Updated Date : 02/06/2021 at 01:23
CONSTRUCTION
  • Beds : 5
  • Floor Size : 3,351 sqft
  • Baths : 4 full
Listing Agent

Keller Williams La Jolla

Listing Agent's Description

Unbelievable coastal home! Over $200K of luxurious owner upgrades including, chef's kitchen with large island, quartz countertops, marble backsplash, Jennair appliances, 6 Burner stove, wine cooler, farm style sink, walk-in pantry & custom cabinets. The master retreat features quartz countertops, water closet, soaking tub, dual sink vanity, balcony & walk-in closet. Welcome to your outside oasis with a built-in spool, water feature, bocce ball court, putting green, low maintenance landscape & ocean views!

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: Poinsettia

NeighborhoodNIR Market*CityMarket2010Year20002019250k300k350k400k450k500k550k600k650k700k750k800k850kPrice in $240k892k

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

Neighborhood: Poinsettia

NeighborhoodNIR Market*CityMarket2010Year2000 Q42019 Q218002000220024002600280030003200340036003800Rent in $16273922

* 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
Aviara Oaks Elementary School Primary Regular 693 24 10
Aviara Oaks Middle School Middle Regular 1,093 37 9
Carlsbad High School High Regular 2,685 101 9

Aviara Oaks Elementary School

  • Education Level: Primary
  • # of students: 693
  • # of teachers: 24
10
GreatSchools Rating

Aviara Oaks Middle School

  • Education Level: Middle
  • # of students: 1,093
  • # of teachers: 37
9
GreatSchools Rating

Carlsbad High School

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

$1,525,500$1,864,500$1,695,000

PURCHASE PRICE

$4,932$6,028$5,480

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $5,480
EXPENSES Loan Payment -$5,887
Property Tax -$1,616
Property Insurance -$111
HOA -$275
Property Management Fees -$129
CASH FLOW
-$2,539

This is the estimated cash flow generated during a typical maintenance-free month. It is recommended that investors set aside 14% of earned rent to cover both maintenance and periods of vacancy.

$1,695,000

PROJECTED PRICE

$5,480

PROJECTED RENT

0.32%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 4.41%
Appreciation Year (1-5) 6.3%
Maintenance Year (1-5) 8.00%
Vacancy 5.56%
Length of Stay Years 2

PROJECTED ACCUMULATED WEALTH

30 YEAR PROJECTION

  • Cash Flow
  • Appreciation
  • Principal
11530$0.0$1.0M$2.0M$3.0M$4.0M$5.0M

PROJECTED ANNUAL CASH FLOW

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

PROJECTED PROPERTY VALUE

30 YEAR PROJECTION

  • Appreciation
  • Principal
  • Loan Balance
11530$0.0$1.0M$2.0M$3.0M$4.0M$5.0M

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$454,925

INVESTMENT

$454,925

Down Payment
$423,750
Rehab Estimate
$5,750
Closing Costs
$25,425

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

A 70% down payment or higher enables the proceeds from the asset to cover all costs.

$5,887

MONTHLY LOAN PAYMENT

30 yr
Term
3.75%
Interest
25.00%
Down Payment
Term 30 Years
Interest 3.75%
Down Payment $423,750
Loan Amount $1,271,250
See What Happens When You Reinvest Cash Flow

0.17

YEARS SAVED

$272

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
  • $5,440

    COMP ESTIMATED VALUE
  • $1.62

    COMP AVG. RENT PER SQFT
Comps Range
$0
1$02$4,8503$5,4004$5,500
$5,500
RENT COMPS ANALYSIS
  • 6603 Peregrine Pl Carlsbad, CA 1
    • 5 beds 4 baths ∙ 3,351 Sqft ∙ Built 2016 5 beds 4 baths ∙ 3,351 Sqft ∙ Built 2016
    • Rent
    • Rent Per SQFT
    •  
    • $0
    • $0.00
    •  
  • 6690 Cabela Carlsbad, CA 2
    • 4 beds 3 baths ∙ 3,320 Sqft ∙ Built 2004 4 beds 3 baths ∙ 3,320 Sqft ∙ Built 2004
    LEASED 07/21/20
    • Rent
    • Rent Per SQFT
    •  
    • $4,850
    • $1.46
    •  
  • 6618 Titanite Pl La Costa, CA 3
    • 4 beds 4 baths ∙ 3,217 Sqft ∙ Built 2010 4 beds 4 baths ∙ 3,217 Sqft ∙ Built 2010
    LEASED 09/14/20
    • Rent
    • Rent Per SQFT
    •  
    • $5,400
    • $1.68
    •  
  • 6477 Goldenbush Dr Carlsbad, CA 4
    • 5 beds 4 baths ∙ 3,188 Sqft ∙ Built 2001 5 beds 4 baths ∙ 3,188 Sqft ∙ Built 2001
    LEASED 05/30/20
    • Rent
    • Rent Per SQFT
    •  
    • $5,500
    • $1.73
    •  
PROPERTY LISTING DETAILS
Brian Cane
1.858.502.9800
Keller Williams La Jolla
BESbswy