Work with a dedicated Real Estate Advisor who will take your financial preferences and help you select and acquire properties that fit your criteria. Learn more

8542 Kristen View Ct San Diego, CA 92127

4 Beds 5 Baths 3,219 sqft Built 2014

$1,799,000

List Price

$5,140

$4.9K - $5.4K

Rent Est.

PROPERTY INFO

SINGLE-FAMILY
March 25, 2021 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 2014
  • Price/Sqft : $558.87
  • 6 Days on Market
  • MLS # : 210007419
  • Updated Date : 03/27/2021 at 22:57
CONSTRUCTION
  • Beds : 4
  • Floor Size : 3,219 sqft
  • Baths : 4 full , 1 half
Listing Agent

Compass

Listing Agent's Description

You won't want to miss out on the canyon view Plan 2 Sentinel in Del Sur! Sitting on an oversized lot, this home boasts solar, dual zoned AC, Tesla Chargers and is fully hard wired for smart home activation which is easily set up through your phone. Equipped with plantation shutters throughout, bifold slider doors to the yard, a private lot and a prime location. The layout is extremely functional with a spacious master on the first level, two spares and a loft on the second level and a fully detached casita. Live the Del Sur dream in this highly desired floor plan!

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: Black Mountain Ranch

NeighborhoodNIR Market*CityMarket2010Year20002019300k400k500k600k700k800k900k1000k1100k1200kPrice in $233k1266k

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

Neighborhood: Black Mountain Ranch

NeighborhoodNIR Market*CityMarket2010Year2000 Q42019 Q220002500300035004000450050005500Rent in $16275590

* 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
 

$1,619,100$1,978,900$1,799,000

PURCHASE PRICE

$4,626$5,654$5,140

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $5,140
EXPENSES Loan Payment -$6,249
Property Tax -$1,870
Property Insurance -$108
HOA -$225
Property Management Fees -$129
CASH FLOW
-$3,440

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.

$1,799,000

PROJECTED PRICE

$5,140

PROJECTED RENT

0.29%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

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
11530$0.0$1.0M$2.0M$3.0M$4.0M$5.0M

PROJECTED ANNUAL CASH FLOW

11530-$50k-$40k-$30k-$20k-$10k$0.0

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$482,485

INVESTMENT

$482,485

Down Payment
$449,750
Rehab Estimate
$5,750
Closing Costs
$26,985

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

A 80% down payment or higher enables the proceeds from the asset to cover all costs.

$6,249

MONTHLY LOAN PAYMENT

30 yr
Term
3.75%
Interest
25.00%
Down Payment
Term 30 Years
Interest 3.75%
Down Payment $449,750
Loan Amount $1,349,250
See What Happens When You Reinvest Cash Flow

0.08

YEARS SAVED

$87

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
  • $5,107

    COMP ESTIMATED VALUE
  • $1.59

    COMP AVG. RENT PER SQFT
Comps Range
$0
1$02$3,9953$4,4954$6,500
$6,500
RENT COMPS ANALYSIS
  • 8542 Kristen View Ct San Diego, CA 1
    • 4 beds 5 baths ∙ 3,219 Sqft ∙ Built 2014 4 beds 5 baths ∙ 3,219 Sqft ∙ Built 2014
    • Rent
    • Rent Per SQFT
    •  
    • $0
    • $0.00
    •  
  • 17136 Patina Street San Diego, CA 2
    • 4 beds 3 baths ∙ 2,944 Sqft ∙ Built 2000 4 beds 3 baths ∙ 2,944 Sqft ∙ Built 2000
    LEASED 06/12/20
    • Rent
    • Rent Per SQFT
    •  
    • $3,995
    • $1.36
    •  
  • 10234 Lone Bluff Dr San Diego, CA 3
    • 4 beds 4 baths ∙ 3,288 Sqft ∙ Built 2003 4 beds 4 baths ∙ 3,288 Sqft ∙ Built 2003
    LEASED 05/06/20
    • Rent
    • Rent Per SQFT
    •  
    • $4,495
    • $1.37
    •  
  • 16232 Almanor Way San Diego, CA 4
    • 4 beds 3 baths ∙ 3,196 Sqft ∙ Built 2012 4 beds 3 baths ∙ 3,196 Sqft ∙ Built 2012
    LEASED 10/21/19
    • Rent
    • Rent Per SQFT
    •  
    • $6,500
    • $2.03
    •  
PROPERTY LISTING DETAILS
Anne Schreiber
1.858.414.5700
Compass
1.866.250.5610
San Diego MLS ( SDMLS)
MLS #: 210007419
Last Updated: 03/27/2021
BESbswy