10685 Red Cedar
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10685 Red Cedar

D

Scripps Ranch, CA 92131

$1,500,000
NEW — 0d

Soft Appraisal Value: $1,457,900 · 2.9% above estimate

Beds

4

Baths

3

Sqft

2,720

Year Built

1978

Days on Market

0

Property Type

Single Family

HOA/mo

N/A

MLS ID

260012543SD

This property is in Scripps Ranch (92131). View neighborhood stats →

About This Property

Welcome home to this custom-built charming home in the heart of Scripps Ranch. This uniquely home offers tons of natural light, generously sized bedrooms, granite counters, bamboo and tile flooring, upgraded bathroom, new carpet and a number of unique, yet functional, design elements really showcasing character and comfort. Not a cookie cutter home here! Multiple outside access points throughout to maximizing inside/outside living in our ideal San Diego weather. Enjoy a gorgeous, thriving rose garden while drinking your morning coffee or host a dinner party in the large dining room with stunning, vaulted ceilings? Designate a work from home space in the downstairs bedroom or one of the upstairs rooms with direct access to a sprawling balcony? One of the bedrooms comes complete with a loft for an artist's studio, playroom, craft room, or?? Opportunities abound! Enjoy this home's ideal location close to neighboring trails and award-winning schools in an established, desired neighborhood that boasts annual events for the area; like Octoberfest a block away! Enjoy the Miramar Reservoir less than a block away that offers a 5-mile paved loop for walking, biking and jogging plus fishing, kayaking and picnicking. This one is a must see!! Welcome home to this custom-built charming home in the heart of Scripps Ranch. This uniquely home offers tons of natural light, generously sized bedrooms, granite counters, bamboo and tile flooring, upgraded bathroom, new carpet and a number of unique, yet functional, design elements really showcasing character and comfort. Not a cookie cutter home here! Multiple outside access points throughout to maximizing inside/outside living in our ideal San Diego weather. Enjoy a gorgeous, thriving rose garden while drinking your morning coffee or host a dinner party in the large dining room with stunning, vaulted ceilings? Designate a work from home space in the downstairs bedroom or one of the upstairs rooms with direct access to a sprawling balcony? One of the bedrooms comes complete with a loft for an artist's studio, playroom, craft room, or?? Opportunities abound! Enjoy this home's ideal location close to neighboring trails and award-winning schools in an established, desired neighborhood that boasts annual events for the area; like Octoberfest a block away! Enjoy the Miramar Reservoir less than a block away that offers a 5-mile paved loop for walking, biking and jogging plus fishing, kayaking and picnicking. This one is a must see!!

Mortgage Calculator

Est. Monthly Payment

$9,522

Principal & Interest$7,585
Property Tax$1,500
Insurance$437
%($300,000)
%

Location

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Investment Score

8D
Est. Monthly Rent
$5,487
Monthly Cashflow

Rent − PITIA

$-4,035
Full Cashflow

Incl. vacancy, PM, maint, capex

$-6,547

Mortgage (P+I)
$7,585
Cap Rate
0.83%
Cash-on-Cash
-26.19%
DSCR

Need ≥ 1.25 for DSCR loan

0.58
Break-even Rent
$13,989

NOI (Annual)
$12,456
Price-to-Rent

Lower = better for investors

22.8

* 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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