10450 Ridgewater Ln

10450 Ridgewater Ln

D

Scripps Ranch, CA 92131

$859,500
NEW — 3d on market

Soft Appraisal Value: $847,700 · 1.4% above estimate

Beds

2

Baths

2.5

Sqft

1,429

Year Built

1982

Days on Market

3

Property Type

Townhouse

HOA/mo

$541

MLS ID

260007077SD

Description

Newly remodeled townhome in the desirable Glenwood Springs community of Scripps Ranch. The renovation includes a stylish new kitchen, remodeled bathrooms, brand new central AC/heat, LVP flooring throughout, new fixtures, and much more. Inside you will find a spacious and open living area great for entertaining. Outside you will find three private outdoor spaces including a front courtyard, back patio, and a balcony with views of the eucalyptus trees and grassy area in the back. This unit is in a great location within the community with no neighbors behind. There is plenty of guest parking in the complex, along with a pool and tennis courts. Roofs were recently replaced in the community. Located across the street from Miramar Reservoir with fishing, kayaking, and hiking. In close proximity to highly rated schools, the lake, nearby restaurants, and the 15 freeway.

Mortgage Calculator

Est. Monthly Payment

$5,997

Principal & Interest$4,346
Property Tax$860
Insurance$251
HOA$541
%($171,900)
%

Investment Score

1D
Est. Monthly Rent
$3,428
Monthly Cashflow

Rent − PITI − HOA

$-2,570
Full Cashflow

Incl. vacancy, PM, maint, capex

$-4,074

Mortgage (P+I)
$4,346
Cap Rate
0.38%
Cash-on-Cash
-28.44%
DSCR

⚠️ Need ≥ 1.25 for DSCR loan

0.57
Break-even Rent
$8,719

NOI (Annual)
$3,262
Price-to-Rent

Lower = better for investors

20.9

* 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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