10402 Rancho Carmel Drive
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10402 Rancho Carmel Drive

C

Rancho Bernardo, CA 92128

$999,988
NEW — 0d

Beds

3

Baths

2

Sqft

1,322

Year Built

1989

Days on Market

0

Property Type

Condo

HOA/mo

$280

MLS ID

PTP2604930

This property is in Rancho Bernardo (92128). View neighborhood stats →

Virtual Tour

About This Property

Discover this beautiful home in the heart of Carmel Mountain, located within a private gated community. This well maintained 3 bedroom 2 bath home features one of the largest private backyards in the neighborhood. Perfect for relaxing or entertaining. Inside enjoy an updated kitchen with quartz countertops, stainless steel appliances, and white shaker cabinets, along with upgraded flooring and remodeled bathrooms throughout. This move in ready home is just minutes from shopping, dining, and entertainment, and is located within the highly sought after Poway Unified School District. An excellent opportunity for first time buyers or growing families. Come by today to see your new home!

Mortgage Calculator

Est. Monthly Payment

$6,628

Principal & Interest$5,056
Property Tax$1,000
Insurance$292
HOA$280
%($199,998)
%

Location

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Investment Score

15D
Est. Monthly Rent
$4,050
Monthly Cashflow

Rent − PITIA

$-2,578
Full Cashflow

Incl. vacancy, PM, maint, capex

$-4,343

Mortgage (P+I)
$5,056
Cap Rate
0.86%
Cash-on-Cash
-26.06%
DSCR

Need ≥ 1.25 for DSCR loan

0.61
Break-even Rent
$9,691

NOI (Annual)
$8,558
Price-to-Rent

Lower = better for investors

20.6

* 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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