10217 Caminito Covewood

10217 Caminito Covewood

B

San Diego, CA 92131

$579,000
NEW — 1d

Beds

2

Baths

2

Sqft

1,150

Year Built

1978

Days on Market

1

Property Type

Condo

HOA/mo

$730

MLS ID

260017302SD

This property is in San Diego (92131). View neighborhood stats →

About This Property

Welcome home to this inviting 2BR/2BA condo in the award-winning Scripps Ranch school district. Enjoy easy access to top-rated schools, parks, Miramar Lake, and I-15. Step inside to soaring 15-foot vaulted ceilings, abundant natural light, and brand-new carpet. The open living spaces flow to two private patios and a charming private courtyard off the kitchen -- perfect for coffee, barbecues, or relaxing. Additional comforts include central A/C, a private laundry closet in the courtyard, a detached two-car garage, and community pool access. More than a condo -- it's a warm place to build memories. Don't wait-home like this don't last long in Scripps Ranch! Some photos have been virtually staged or digitally altered to illustrate the potential of the space. Original, unedited photos are included in this listing. Welcome home to this inviting 2BR/2BA condo in the award-winning Scripps Ranch school district. Enjoy easy access to top-rated schools, parks, Miramar Lake, and I-15. Step inside to soaring 15-foot vaulted ceilings, abundant natural light, and brand-new carpet. The open living spaces flow to two private patios and a charming private courtyard off the kitchen -- perfect for coffee, barbecues, or relaxing. Additional comforts include central A/C, a private laundry closet in the courtyard, a detached two-car garage, and community pool access. More than a condo -- it's a warm place to build memories. Don't wait-home like this don't last long in Scripps Ranch! Some photos have been virtually staged or digitally altered to illustrate the potential of the space. Original, unedited photos are included in this listing.

Mortgage Calculator

Est. Monthly Payment

$4,406

Principal & Interest$2,928
Property Tax$579
Insurance$169
HOA$730
%($115,800)
%

Investment Score

36C
Est. Monthly Rent
$3,185
Monthly Cashflow

Rent − PITIA

$-1,221
Full Cashflow

Incl. vacancy, PM, maint, capex

$-2,436

Mortgage (P+I)
$2,928
Cap Rate
1.02%
Cash-on-Cash
-25.24%
DSCR

Need ≥ 1.25 for DSCR loan

0.72
Break-even Rent
$6,348

NOI (Annual)
$5,903
Price-to-Rent

Lower = better for investors

15.1

* Defaults: 20% down, 6.5% rate, 30yr.

Estimates only. Not financial advice. Verify all figures independently with a licensed professional before making any investment decision.

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