109 Rios Court
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109 Rios Court

D

Solana Beach, CA 92075

$2,400,000

Soft Appraisal Value: $2,320,300 · 3.4% above estimate

Beds

3

Baths

3.5

Sqft

2,319

Year Built

1986

Days on Market

9

Property Type

Townhouse

HOA/mo

$980

MLS ID

NDP2604975

This property is in Solana Beach (92075). View neighborhood stats →

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About This Property

Incredible opportunity to purchase a turn-key luxury townhome with gorgeous lagoon and mountain views, west of the 5 in Solana Beach for only $2,400,000! Brilliant floorplan with 3 en-suite bedrooms, a fabulous great room with a fireplace and gorgeous private view balcony, a beautiful gourmet kitchen with center island and Viking appliances, new A/C and furnace, wood floors, an oversized 2-car garage, a 200SF finished attic...and all this just a short stroll to spectacular walking trails in the San Elijo Lagoon preserve that connect to the white sandy beaches, to shopping, to exquisite dining and to the SB train depot. This intimate complex with only 6 units offers a pool and jacuzzi. The HOA fees include water, sewer, and exterior and landscape maintenance. This property truly lives like a single-family home, located in an amazingly peaceful and desirable location.

Mortgage Calculator

Est. Monthly Payment

$16,216

Principal & Interest$12,136
Property Tax$2,400
Insurance$700
HOA$980
%($480,000)
%

Location

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Investment Score

0D
Est. Monthly Rent
$6,158
Monthly Cashflow

Rent − PITIA

$-10,058
Full Cashflow

Incl. vacancy, PM, maint, capex

$-13,474

Mortgage (P+I)
$12,136
Cap Rate
-0.67%
Cash-on-Cash
-33.69%
DSCR

Need ≥ 1.25 for DSCR loan

0.38
Break-even Rent
$23,657

NOI (Annual)
$-16,060
Price-to-Rent

Lower = better for investors

32.5

* 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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