10974 Caminito Tierra
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10974 Caminito Tierra

D

Scripps Ranch, CA 92131

$1,325,000
NEW — 2d

Beds

4

Baths

2.5

Sqft

1,903

Year Built

1996

Days on Market

2

Property Type

Single Family

HOA/mo

$240

MLS ID

260011070SD

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

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About This Property

Welcome home to this warm & inviting home with updated & upgraded kitchen & all baths. Hardwood floors throughout. Step into open dining room & living room with high ceiling, hardwood floors with large picture window looking out to mature, tropical landscape. Beautiful, kitchen remodel features newer, upgraded cabinetry with lots of added storage, slab granite counters including center island with raised bar, stainless steel appliances, pendant lighting, eat-in area & hardwood floors. Community pool. Family room looks out to lush, tropical garden & patio with fireplace, ceiling fan and hardwood floors. Slider to backyard. Downstairs half bath updated with beautiful, focal, designer glass sink and fixture, granite counter, light fixture & mirror. Spacious, light & bright master bedroom features high ceiling with fan & upgraded double pane windows. Updated & upgraded master bath includes travertine-like tile floor, travertine-like tile shower and glass surround, slab granite counters, cabinetry, decorative double sinks, mirrors and walk-in closet. 3 secondary bedrooms; all with hardwood floors; 2 include ceiling fans. Upstairs full bath includes slab granite counter, updated light fixture, faucets, double sinks & mirrors. Upstairs loft currently used as office provides added space & versatile use. Laundry downstairs. 2-car garage. Community pool. Move-in ready! Close to schools, parks, shopping, dining, Starbucks & more! Easy freeway access.

Mortgage Calculator

Est. Monthly Payment

$8,651

Principal & Interest$6,700
Property Tax$1,325
Insurance$386
HOA$240
%($265,000)
%

Location

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Investment Score

5D
Est. Monthly Rent
$4,638
Monthly Cashflow

Rent − PITIA

$-4,013
Full Cashflow

Incl. vacancy, PM, maint, capex

$-6,184

Mortgage (P+I)
$6,700
Cap Rate
0.47%
Cash-on-Cash
-28.00%
DSCR

Need ≥ 1.25 for DSCR loan

0.54
Break-even Rent
$12,669

NOI (Annual)
$6,193
Price-to-Rent

Lower = better for investors

23.8

* 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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