10332 Caminito Aralia

10332 Caminito Aralia

D

Scripps Ranch, CA 92131

$399,999
NEW — 2d on market

Beds

1

Baths

1

Sqft

656

Year Built

1979

Days on Market

2

Property Type

Condo

HOA/mo

$375

MLS ID

260005781SD

View on MLS

Description

Scripps Ranch 92131 – lowest priced homeownership opportunity! First-floor condo with both a balcony and patio. Clean and move-in ready with a fireplace in the living room and a new walk-in shower. Newer stainless steel kitchen appliances. Spacious and bright. Freeway convenient yet surrounded by eucalyptus trees, giving the complex a quiet, peaceful feel. A beautiful community pool and laundry room are located just across the driveway from the unit. Pets allowed with very few restrictions. One covered parking space included. Sellers currently lease a second space from the HOA for $50 per month, which may be transferable to the buyer.

Mortgage Calculator

Est. Monthly Payment

$2,914

Principal & Interest$2,023
Property Tax$400
Insurance$117
HOA$375
%($80,000)
%

Comparable Properties

3 comps found

This Property

$2,134

vs

Comp Average

$2,857

Comps based on same zip code, similar beds (±1), price range (60-150%).

Investment Score

13D
Est. Monthly Rent
$2,134
Monthly Cashflow

Rent − PITI − HOA

$-781
Full Cashflow

Incl. vacancy, PM, maint, capex

$-1,605

Mortgage (P+I)
$2,023
Cap Rate
1.25%
Cash-on-Cash
-11.71%
DSCR

⚠️ Need ≥ 1.25 for DSCR loan

0.73
Break-even Rent
$2,915

NOI (Annual)
$5,014
Price-to-Rent

Lower = better for investors

15.6

* 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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