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8047 Auberge Cir San Diego, CA 92127

3 Beds 2 Baths 1,630 sqft Built 2016

$1,065,000

List Price

$3,550

$3.3K - $3.8K

Rent Est.

PROPERTY INFO

January 29, 2021 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 2016
  • Price/Sqft : $653.37
  • 3 Days on Market
  • MLS # : 210002406
  • Updated Date : 01/29/2021 at 18:35
CONSTRUCTION
  • Beds : 3
  • Floor Size : 1,630 sqft
  • Baths : 2 full
Listing Agent

Compass

Listing Agent's Description

Beautiful single level residence at The Villas in the gated resort style living 55+ community of Auberge at Del Sur. Gorgeous gleaming hardwood flooring throughout, accompanied with built-ins, custom light fixtures, and loads of storage. Gourmet kitchen with granite counter tops and stainless steel appliances. Attached 2 car garage with built-in cabinets and beautiful pavers in your tropical backyard. Work from home in your cozy office complete with custom desk and drawers. See supplement for Club info!

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: Auberge at del Sur

ZipNIR Market*CityMarket2010Year20002019300k400k500k600k700k800k900kPrice in $233k978k

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

Neighborhood: Auberge at del Sur

ZipNIR Market*CityMarket2010Year2000 Q42019 Q21800200022002400260028003000320034003600380040004200Rent in $16274313

* 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
Del Sur Elementary School Primary Regular 573 22 9
Oak Valley Middle School Middle Regular 1,361 50 9
Del Norte High School High Regular 1,933 62 9

Del Sur Elementary School

  • Education Level: Primary
  • # of students: 573
  • # of teachers: 22
9
GreatSchools Rating

Oak Valley Middle School

  • Education Level: Middle
  • # of students: 1,361
  • # of teachers: 50
9
GreatSchools Rating

Del Norte High School

  • Education Level: High
  • # of students: 1,933
  • # of teachers: 62
9
GreatSchools Rating
 

$958,500$1,171,500$1,065,000

PURCHASE PRICE

$3,195$3,905$3,550

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $3,550
EXPENSES Loan Payment -$3,699
Property Tax -$1,107
Property Insurance -$68
HOA -$289
Property Management Fees -$129
CASH FLOW
-$1,742

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.

$1,065,000

PROJECTED PRICE

$3,550

PROJECTED RENT

0.33%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 4.41%
Appreciation Year (1-5) 5.8%
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$500k$1.0M$1.5M$2.0M$2.5M$3.0M

PROJECTED ANNUAL CASH FLOW

11530-$30k-$25k-$20k-$15k-$10k-$5.0k$0.0$5.0k$10k

PROJECTED PROPERTY VALUE

30 YEAR PROJECTION

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

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$287,975

INVESTMENT

$287,975

Down Payment
$266,250
Rehab Estimate
$5,750
Closing Costs
$15,975

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

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

$3,699

MONTHLY LOAN PAYMENT

30 yr
Term
3.75%
Interest
25.00%
Down Payment
Term 30 Years
Interest 3.75%
Down Payment $266,250
Loan Amount $798,750
See What Happens When You Reinvest Cash Flow

0.17

YEARS SAVED

$101

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
  • $3,564

    COMP ESTIMATED VALUE
  • $2.19

    COMP AVG. RENT PER SQFT
Comps Range
$0
1$02$3,8003$3,9504$4,095
$4,095
RENT COMPS ANALYSIS
  • 8047 Auberge Cir San Diego, CA 1
    • 3 beds 2 baths ∙ 1,630 Sqft ∙ Built 2016 3 beds 2 baths ∙ 1,630 Sqft ∙ Built 2016
    • Rent
    • Rent Per SQFT
    •  
    • $0
    • $0.00
    •  
  • 16473 Veridian Cir San Diego, CA 2
    • 3 beds 4 baths ∙ 1,857 Sqft ∙ Built 2017 3 beds 4 baths ∙ 1,857 Sqft ∙ Built 2017
    LEASED 09/07/20
    • Rent
    • Rent Per SQFT
    •  
    • $3,800
    • $2.05
    •  
  • 16047 Wayne Hill San Diego, CA 3
    • 3 beds 3 baths ∙ 1,778 Sqft ∙ Built 2010 3 beds 3 baths ∙ 1,778 Sqft ∙ Built 2010
    LEASED 06/14/20
    • Rent
    • Rent Per SQFT
    •  
    • $3,950
    • $2.22
    •  
  • 8323 Parkside Cres San Diego, CA 4
    • 3 beds 3 baths ∙ 1,785 Sqft ∙ Built 2007 3 beds 3 baths ∙ 1,785 Sqft ∙ Built 2007
    LEASED 10/09/20
    • Rent
    • Rent Per SQFT
    •  
    • $4,095
    • $2.29
    •  
PROPERTY LISTING DETAILS
Emma Lefkowitz
1.858.880.5989
Compass
BESbswy