$5,500,000
Investment Summary
We noticed that property taxes are missing—this is a standard expense and should be considered in your estimate.
- Monthly Cash Flow
- -$20,606
- Cap Rate
- 1.2%
- Cash-on-Cash Return
- -19.5%
- Debt Coverage Ratio
- 0.21
- Internal Rate of Return (5 years)
- -14.9%
Cash Flow
Net Operating Income (NOI) minus mortgage payments.
Calculation:
NOI - Mortgage Payments
Cap Rate (Market Value)
Capitalization Rate is a rate of return that compares the yearly Net Operating Income (NOI) to the market value.
Calculation:
NOI / Market Value
Cash-on-Cash Return (CoC)
Annual Cash Flow / Cash Invested
Calculation:
Annual cash flow divided by initial cash invested.
Debt Coverage Ratio (DCR)
Net Operating Income (NOI) divided by total debt payments.
Calculation:
NOI / Total Debt Payments
Internal Rate of Return (IRR)
A metric for assessing profitability over time. IRR is the discount rate at which the net present value (NPV) of all future cash flows (positive and negative) from an investment equals zero — including both periodic cash flow (such as rent) and a projected sale at the end of the holding period. It represents the expected annualized return, accounting for income, expenses, and the recovery of capital through a future sale.
Property Description
Nestled within the exclusive, guard-gated Santaluz community, this Tuscan Farmhouse redefines luxury living. Built in 2014 with craftsmanship and the highest quality materials, this impressive single-level estate seamlessly blends old-world charm with modern elegance and smart home technology. Designed for both everyday relaxation and grand entertaining, the residence features a beautiful great room, an additional family/flex room, a gourmet chef's kitchen, an in-home office, a casita, three guest suites, and a five-star primary retreat. The beauty of this estate extends beyond its exquisite aesthetics; it was meticulously constructed to exceed the highest earthquake and structural standards, stone retaining walls, a structural steel I-beam (spanning the formal great room), conventional framing, and a stone exterior. The beautifully designed, resort-inspired saltwater swimming pool and spa are perfect for enjoyment and entertaining. The pool area includes an oversized 18” deep sun shelf with two in-pool umbrella stands for shade, and a 60-foot lap and play pool with an infinity edge overlooking the protected rimmed canyon. The entire pool system is operated by top-rated equipment and smart-controlled functionality. Completing the outdoor oasis is an outdoor kitchen with a BBQ, warming drawer, and mini-fridge. Living in Santaluz offers an unparalleled lifestyle. This upscale, 24/7 guard gated community provides residents with a wealth of world-class amenities and a strong sense of community. Smart Home Technology & Systems Integrated Crestron System: Effortlessly control audio, video, and security systems throughout the entire home and outdoor spaces using wireless smart devices or in-wall master control panels in the kitchen and master retreat. Whole Home Security: Features a comprehensive security system Lutron (Vantage) Lighting System: Customize lighting moods and scenes throughout the property with "one-touch" control or manage each room independently. HVAC System: Integrated with Nest and a whole-home electronic HVAC ventilation system, featuring three separate furnaces/condensers. Control the entire system or individual rooms with a smart device or in-wall units for optimized comfort and energy efficiency. Plumbing System: Three independent tankless water heating systems with pumps for hot water. The home features a full home water filtration system, while a secondary kitchen system provides purified drinking water and instant hot water. The Chef's Kitchen is a true culinary dream, perfect for daily living and entertaining: Wolf 60” range with double ovens, 6 burners, and a large griddle, warming drawer, steam oven, and microwave. Sub-Zero dual 48” refrigerator and freezer, under-counter wine fridge. Two Bosch dishwashers. Thermador Latte/Coffee/Espresso bar. Massive prep and eat-in island with granite slab countertops and double DuPont edges, custom cabinetry, large butler's pantry with an oversized walk-in pantry, wired for a second fridge/freezer. Luxurious Finishes & Features: Flooring: Marbol stone floors throughout the great room, kitchen, formal great room, and main hallways. Hardwood floors in the master retreat, master bonus/office/nursery, and executive office. Carpet with dual pad in all secondary bedrooms and the casita. Tumbled travertine on all floors and walls in baths. Stone Wall Finishes: Volcanic Venetian Stone from Cappadocia, Turkey, used throughout, including a hand-chiseled Venetian Stone fireplace mantel in the formal great room. Tuscan brick accents throughout the home. All exterior elevations and walls clad in Eldorado Stone, Tuscan Brick, and forged Capstone. Master Bath: Appointed like a five-star resort spa, featuring his-and-her toilets (plus bidet for her), 2 walk-in closets, dual sinks with vanity, a 72x42 air-jet relaxation tub, and a huge walk-in steam/jetted/rain shower. Resort-Style Outdoor Living: The beautifully designed, resort-inspired saltwater swimming pool and spa are perfect for enjoyment and entertaining. The pool area includes an oversized 18” deep sun shelf with two in-pool umbrella stands for shade, and a 60-foot lap and play pool with an infinity edge pool. Fiber optic lighting system allows independent control of colors and moods, enhancing nighttime swims and evening entertainment. Completing the outdoor oasis is an outdoor kitchen with a BBQ, warming drawer, and mini-fridge. There are 3 levels of Club membership which can be purchased at Santaluz: Golf: Home to a private 250-acre, 18-hole championship golf course designed by Rees Jones, with breathtaking vistas and panoramic ocean views. The Santaluz Club and Spa: A magnificent 35,000-square-foot facility offering world-class dining, a full-service spa with massage treatments, skincare, and wellness programs, and an award-winning golf shop. The Hacienda: A 19,000-square-foot community center with a recently upgraded Bistro, poolside grill, resort-style swimming pool, six lighted tennis courts with stadium seating, a state-of-the-art fitness facility with an outdoor courtyard, an an indoor basketball court.
Build Your Team
Quickly find investor-friendly professionals who can help you succeed in real estate investing at any stage of the investing journey.
Agents
Match with investor-friendly agents who can help you find, analyze, and close your next deal
Lenders
Get the best funding…find investor-friendly lenders who specialize in your deal strategy
Property Managers
Transition to passive investing. Find a trusted property management partnership that lasts.
Tax Pros & Accountants
Taxes and financial reporting made easy—find experts to create tax savings strategies, file taxes, and more
Location
Property Details
Parking
- Description: Driveway
- Details: Attached, Garage
- Garage Spaces: 3
- Spaces Total: 18
Bedroom Information
- # of Bedrooms: 5
Bathroom Information
- # of Baths (Full): 5
- # of Baths (Partial): 1
- # of Baths (Total): 6.0
Interior Features
- # of Stories: 1
- Fireplace: Yes
Exterior Features
- Pool: Yes
HOA
- Has HOA: Yes
- Association: Santaluz
- HOA Fee: $650/monthly
Land Information
- Land Use: Residential
- Land Use Subtype: Single Family Residential
Lot Information
- Parcel ID: 2692803900
- Lot Size: 0 sqft
Property Information
- Property Type: Single Family Residence
- Style: Mediterranean/Spanish
- Year Built: 2014
Tax Information
- Annual Tax: $0
Utilities
- Heating: Fireplace(s), Forced Air, Electric
- Cooling: Central Air
Location
- County: San Diego
Listing Details
Investment Summary
We noticed that property taxes are missing—this is a standard expense and should be considered in your estimate.
- Monthly Cash Flow
- -$20,606
- Cap Rate
- 1.2%
- Cash-on-Cash Return
- -19.5%
- Debt Coverage Ratio
- 0.21
- Internal Rate of Return (5 years)
- -14.9%
Cash Flow
Net Operating Income (NOI) minus mortgage payments.
Calculation:
NOI - Mortgage Payments
Cap Rate (Market Value)
Capitalization Rate is a rate of return that compares the yearly Net Operating Income (NOI) to the market value.
Calculation:
NOI / Market Value
Cash-on-Cash Return (CoC)
Annual Cash Flow / Cash Invested
Calculation:
Annual cash flow divided by initial cash invested.
Debt Coverage Ratio (DCR)
Net Operating Income (NOI) divided by total debt payments.
Calculation:
NOI / Total Debt Payments
Internal Rate of Return (IRR)
A metric for assessing profitability over time. IRR is the discount rate at which the net present value (NPV) of all future cash flows (positive and negative) from an investment equals zero — including both periodic cash flow (such as rent) and a projected sale at the end of the holding period. It represents the expected annualized return, accounting for income, expenses, and the recovery of capital through a future sale.
Purchase Details
Purchase PriceThe price paid for the property. Purchase price:
| $5,500,000 |
|---|---|
Amount FinancedThe amount of the purchase financed through a loan. Amount financed:
| -$4,400,000 |
Down paymentThe initial payment made towards the purchase. Down payment:
| $1,100,000 |
Closing CostsFees and expenses associated with purchasing a property, typically ranging from 2% to 5% of the home’s purchase price, paid at the end of a home purchase to cover services like lending, title transfer, and taxes. Closing costs:
| $165,000 |
Rehab CostsCosts incurred to repair or improve the property, including: roof, flooring, exterior siding, kitchen, exterior paint, bathrooms, etc. Rehab costs:
| $0 |
Initial Cash InvestedThe total initial cash invested in the property. Calculation:Down payment + Buying costs + Rehab costs Initial cash invested:
| $1,265,000 |
Square Feet (SQFT)The total square footage of the property. Square feet:
| 5,653 |
Cost Per Square FootCost per square foot of the property. Calculation:Purchase Price / Square Feet Cost per square foot:
| $973 |
Monthly Rent Per Square FootMonthly rent divided by the number of square feet. This ratio helps investors compare rental income efficiency across properties, markets, and unit sizes Calculation:Monthly Rent / Square Feet Monthly rent per square foot:
| $1.56 |
Financing Details
Loan AmountThe total sum of money borrowed from a lender to finance a property purchase. Calculation:Purchase Price - Down Payment
Loan amount:
| $4,400,000 |
|---|---|
Loan to Value Ratio (LTV)Loan amount divided by the market value of the property. Calculation:Loan Amount / Market Value
Loan to value ratio:
| 80.0% |
Loan TypeThe type of loan (e.g., fixed, adjustable).
Loan type:
| Amortizing |
TermThe loan repayment period in years.
Term:
| 30 years |
Interest RateThe percentage a lender charges on the borrowed amount of a loan, determining the cost of borrowing money.
Interest rate:
| 5.875% |
Principal & Interest (PI)The principal is the portion of the loan payment that reduces the loan balance. The interest is the lender's charge for borrowing money. Calculation:(P * r * (1 + r) ** n) / ((1 + r) ** n - 1) Where:
P = Loan amount (principal)
Principal & interest:
| $26,028 |
Property TaxesAnnual taxes levied by local governments on real estate properties. These taxes fund public services like schools, roads, and emergency services.
Property tax:
| $0 |
InsuranceThe costs for insurance coverage to protect against financial losses due to risks like fire, natural disasters, theft, liability, or tenant-related damages. Calculation:Assumes 7% of gross rental income, unless insurance rates are specified.
Insurance:
| $616 |
Private Mortgage Insurance (PMI)A fee that borrowers pay when they take out a conventional loan with a loan-to-value (LTV) ratio above 80%.
Private mortgage insurance (PMI):
| $0 |
Monthly PaymentThe fixed amount a borrower pays each month to repay a loan. It typically includes principal and interest (P&I) and may also cover property taxes, insurance, HOA fees, and PMI if escrowed. Monthly payment:
| $26,644 |
Operating Income
| % Rent | Monthly | Yearly | |
|---|---|---|---|
Gross RentThe total rental income received from tenants before deducting any expenses. Includes base rent, late fees, pet fees, parking fees, and other recurring charges.
Gross rent:
| $8,800 | $105,600 | |
Vacancy LossExpected loss of rent due to vacancies.
Vacancy loss:
(6%)
| 6% | -$528 | -$6,336 |
Operating IncomeGross rental income minus vacancy loss. Calculation:Gross rent - Vacancy loss
Operating income:
| $8,272 | $99,264 |
Operating Expenses
| % Rent | Monthly | Yearly | |
|---|---|---|---|
Property TaxesAnnual taxes levied by local governments on real estate properties. These taxes fund public services like schools, roads, and emergency services.
We noticed that property taxes are missing—these are standard expenses and should be considered in your estimate. | n/a | n/a | n/a |
InsuranceThe costs for insurance coverage to protect against financial losses due to risks like fire, natural disasters, theft, liability, or tenant-related damages. Calculation:Assumes 7% of gross rental income, unless insurance rates are specified. | 7% | -$616 | -$7,392 |
Property ManagementThe costs associated with hiring a property manager to handle the day-to-day operations of a rental property. Includes management fees, leasing fes, eviction fees, etc. Calculation:Assumes 8% of gross rental income. | 8% | -$704 | -$8,448 |
Repairs & MaintenanceOngoing costs for routine upkeep and minor fixes needed to keep a property in good working condition. Calculation:Assumes 5% of gross rental income. Varies by property age and condition. | 5% | -$440 | -$5,280 |
Capital ExpensesLarge, infrequent costs for major improvements or replacements, like a new roof, HVAC system, or appliances. Calculation:Assumes 5% of gross rental income. Varies by property age. | 5% | -$440 | -$5,280 |
HOA FeesRegular dues paid to a Homeowners Association for community maintenance, amenities, and management. Similar fees include: Condo Association Fees, Co-op Maintenance Fees, etc. | 7% | -$650 | -$7,800 |
Operating ExpensesRecurring costs required to maintain and manage a rental property, including property taxes, insurance, maintenance, repairs, utilities (if paid by the owner), property management fees, and other day-to-day expenses. Calculation:Insurance + Property Taxes + Property Management + Repairs & Maintenance + Capital Expenditures + HOA Fees | 32% | -$2,850 | -$34,200 |
Cash Flow
| Monthly | Yearly | |
|---|---|---|
Net Operating Income (NOI)The income generated from a property after deducting all operating expenses but before deducting mortgage payments, taxes, and capital expenditures. Calculation:Gross Operating Income - Operating Expenses
Net operating income:
| $5,422 | $65,064 |
Mortgage PaymentThe fixed amount a borrower pays each month to repay a loan. It typically includes principal and interest (P&I) and may also cover property taxes, insurance, HOA fees, and PMI if escrowed. | -$26,028 | -$312,336 |
Cash FlowNet Operating Income (NOI) minus mortgage payments. Calculation:NOI - Mortgage Payments | -$20,606 | -$247,272 |