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PROPERTY INFO
FACTS
- Single Family
- Built In 2015
- Price/Sqft : $437.77
- 9 Days on Market
- MLS # : 200051068
- Updated Date : 11/14/2020 at 08:28
CONSTRUCTION
- Beds : 4
- Floor Size : 3,881 sqft
- Baths : 4 full , 1 half
Listing Agent
Compass
Listing Agent's Description
Lives like a single level home! Featuring the Master Bedroom Suite on first floor! Upstairs you will discover an oversized loft and 3 bedroom suites with full baths. This impeccably designed home in The Enclave of Rancho Santa Fe, everything about this home exudes perfection! This stunning home has been designed for ultimate southern California living with an open concept kitchen, gorgeous dining area and family room opening up to the backyard creating an indoor/outdoor living experience!
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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: Black Mountain Ranch
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
Neighborhood: Black Mountain Ranch
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
SCHOOLS
FINANCIALS
PROJECTED BASIC MONTHLY INCOME STATEMENT
| INCOME | Rent | $7,340 |
| EXPENSES | Loan Payment | -$6,269 |
| Property Tax | -$1,985 | |
| Property Insurance | -$125 | |
| HOA | -$360 | |
| Property Management Fees | -$129 | |
|
CASH FLOW
-$1,527
|
||
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.
$1,699,000
PROJECTED PRICE
$7,340
PROJECTED RENT
0.43%
PROJECTED RENT / PRICE RATIO
| Expense Inflation | 2.50% |
| Rental Growth Year (1-5) | 4.65% |
| Appreciation Year (1-5) | 4.7% |
| Maintenance Year (1-5) | 8.00% |
| Vacancy | 5.45% |
| Length of Stay Years | 2 |
PROJECTED ACCUMULATED WEALTH
30 YEAR PROJECTION
- Cash Flow
- Appreciation
- Principal
PROJECTED ANNUAL CASH FLOW
PROJECTED PROPERTY VALUE
30 YEAR PROJECTION
- Appreciation
- Principal
- Loan Balance
TOTAL CASH OUT OF POCKET
INVESTMENT
$455,985
LOAN DETAILS
$6,269
MONTHLY LOAN PAYMENT
| Term | 30 Years |
| Interest | 4.25% |
| Down Payment | $424,750 |
| Loan Amount | $1,274,250 |
2.42
YEARS SAVED
$35,784
INTEREST SAVED
CASH FLOW REINVESTMENT
The time & interest saved by applying each month's positive cash flow towards loan principal pay down.
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$0
LIST RENT -
$0
LIST RENT PER SQFT
-
$7,083
COMP ESTIMATED VALUE -
$1.83
COMP AVG. RENT PER SQFT
Comps Range
-
7906 Silvery Moon Lane Rancho Santa Fe, CA 1
- 4 beds 5 baths ∙ 3,881 Sqft ∙ Built 2015 4 beds 5 baths ∙ 3,881 Sqft ∙ Built 2015
![property image]()
- Rent
- Rent Per SQFT
- $0
- $0.00
-
8111 Lazy River Road San Diego, CA 2
- 5 beds 5 baths ∙ 3,585 Sqft ∙ Built 2012 5 beds 5 baths ∙ 3,585 Sqft ∙ Built 2012
![property image]()
LEASED 02/12/20- Rent
- Rent Per SQFT
- $6,095
- $1.70
-
8118 Lazy River Rd San Diego, CA 3
- 4 beds 5 baths ∙ 3,593 Sqft ∙ Built 2012 4 beds 5 baths ∙ 3,593 Sqft ∙ Built 2012
![property image]()
LEASED 07/17/20- Rent
- Rent Per SQFT
- $7,000
- $1.95
PROPERTY LISTING DETAILS
1.858.229.2181
Compass
