10515 Caminito Rimini
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10515 Caminito Rimini

C

Rancho Peñasquitos, CA 92129

$599,000

Beds

3

Baths

1.5

Sqft

1,215

Year Built

1973

Days on Market

8

Property Type

Townhouse

HOA/mo

$610

MLS ID

260011539SD

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

Virtual Tour

About This Property

VA APPROVED! Welcome to 10515 Caminito Rimini—a beautifully remodeled, move-in ready two-story townhome located in the highly desirable Rancho Peñasquitos community. This stylish home features a spacious and modern open-concept layout, seamlessly connecting the living, dining, and kitchen areas—perfect for everyday living and entertaining. The bright white kitchen offers ample storage and a clean, contemporary feel. A private patio off the dining area brings in refreshing breezes and natural light, enhancing the indoor-outdoor experience. Upstairs, you’ll find three comfortable bedrooms and a thoughtfully updated bathroom, along with brand-new luxury vinyl plank flooring, generous closet space, and additional attic storage—creating a relaxing and functional retreat. Additional highlights include new AC, a detached shared garage with one assigned parking space, extra storage room, and convenient laundry hookup in the kitchen. Penasquitos Villas is a quiet, well-maintained, and pet-friendly community surrounded by mature trees and lush landscaping. Residents enjoy access to a sparkling pool and open grassy areas. Located within the award-winning Poway Unified School District and just minutes from hiking trails, parks, shopping, dining, and easy freeway access to the 56 and 15, this home offers both comfort and convenience. Don’t miss this opportunity to own a beautifully updated home in one of San Diego’s most sought-after neighborhoods! This stylish home features a spacious and modern open-concept layout, seamlessly connecting the living, dining, and kitchen areas—perfect for everyday living and entertaining. The bright white kitchen offers ample storage and a clean, contemporary feel. A private patio off the dining area brings in refreshing breezes and natural light, enhancing the indoor-outdoor experience. Upstairs, you’ll find three comfortable bedrooms and a thoughtfully updated bathroom, along with brand-new luxury vinyl plank flooring, generous closet space, and additional attic storage—creating a relaxing and functional retreat. Additional highlights include new AC, a detached shared garage with one assigned parking space, extra storage room, and convenient laundry hookup in the kitchen.

Mortgage Calculator

Est. Monthly Payment

$4,413

Principal & Interest$3,029
Property Tax$599
Insurance$175
HOA$610
%($119,800)
%

Location

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Investment Score

40C
Est. Monthly Rent
$3,295
Monthly Cashflow

Rent − PITIA

$-1,118
Full Cashflow

Incl. vacancy, PM, maint, capex

$-2,375

Mortgage (P+I)
$3,029
Cap Rate
1.31%
Cash-on-Cash
-23.79%
DSCR

Need ≥ 1.25 for DSCR loan

0.75
Break-even Rent
$6,379

NOI (Annual)
$7,848
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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