11037 Caminito Vista Pacifica
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11037 Caminito Vista Pacifica

D

Scripps Ranch, CA 92131

$985,000
NEW — 0d

Beds

3

Baths

2.5

Sqft

1,869

Year Built

1988

Days on Market

0

Property Type

Condo

HOA/mo

$1,029

MLS ID

260012539SD

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

About This Property

Enjoy breathtaking, panoramic views and gentle breezes at The Promontory, above Lake Miramar. Perched high in the tree-tops with views of the city skyline and evening lights for as far as the eye can see toward downtown and the coast! This desirable, gated community offers resort-style living. This home offers a sought after 3 bedroom layout with a spacious 1,869 square feet floor plan. Residents and guests alike will enjoy the serene scenery and stunning views from a private, wrap-around deck. Newly renovated kitchen featuring a decorative backsplash and sleek quartz countertops with a stunning waterfall edge. Primary bedroom with walk-out access to view balcony. Primary bath offers a walk-in shower and spacious closet. Recessed LED lights, walnut hardwood floors throughout living spaces, and plush carpeting adds a cozy touch to the bedrooms. Detached two-car garage and space for storage. Walking distance to Miramar Lake with convenient trail access.

Mortgage Calculator

Est. Monthly Payment

$7,282

Principal & Interest$4,981
Property Tax$985
Insurance$287
HOA$1,029
%($197,000)
%

Location

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Investment Score

0D
Est. Monthly Rent
$3,850
Monthly Cashflow

Rent − PITIA

$-3,432
Full Cashflow

Incl. vacancy, PM, maint, capex

$-5,138

Mortgage (P+I)
$4,981
Cap Rate
-0.19%
Cash-on-Cash
-31.30%
DSCR

Need ≥ 1.25 for DSCR loan

0.53
Break-even Rent
$10,523

NOI (Annual)
$-1,888
Price-to-Rent

Lower = better for investors

21.3

* 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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