10406 Caminito Rimini
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10406 Caminito Rimini

C

Rancho Peñasquitos, CA 92129

$430,000
NEW — 5d

Soft Appraisal Value: $428,600 · 0.3% above estimate

Beds

2

Baths

1

Sqft

945

Year Built

1973

Days on Market

5

Property Type

Condo

HOA/mo

$617

MLS ID

260008770SD

This property is in Rancho Peñasquitos (92129). View neighborhood stats →

About This Property

Excellent opportunity on this top floor unit in the VA-approved complex of Rancho Penasquitos Villas III. Located in the highly rated Poway Unified School District, tucked away at the back of the community, this home has been freshly painted and is move in ready! The spacious floor plan features two large bedrooms, one bathroom, a full-size in-unit laundry and the shared garage includes a private storage closet. Step outside to enjoy the beautifully maintained grounds with grassy areas, walking paths, tall trees, and a sparkling pool. In this pet-friendly community; the HOA covers water, sewer, trash, recycling, landscaping, exterior maintenance, and common areas. It's conveniently located near freeways 15 and 56, shopping, dining, trails, and parks, this is a fantastic opportunity to own a great home in a sought-after school district and community.

Mortgage Calculator

Est. Monthly Payment

$3,347

Principal & Interest$2,174
Property Tax$430
Insurance$125
HOA$617
%($86,000)
%

Location

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Investment Score

41C
Est. Monthly Rent
$2,441
Monthly Cashflow

Rent − PITIA

$-905
Full Cashflow

Incl. vacancy, PM, maint, capex

$-1,825

Mortgage (P+I)
$2,174
Cap Rate
0.97%
Cash-on-Cash
-25.47%
DSCR

Need ≥ 1.25 for DSCR loan

0.73
Break-even Rent
$4,811

NOI (Annual)
$4,191
Price-to-Rent

Lower = better for investors

14.7

* 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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