11120 Forestview Lane
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11120 Forestview Lane

D

Scripps Ranch, CA 92131

$1,699,000
NEW — 1d

Soft Appraisal Value: $1,668,200 · 1.8% above estimate

Beds

4

Baths

3

Sqft

2,543

Year Built

1983

Days on Market

1

Property Type

Single Family

HOA/mo

N/A

MLS ID

NDP2604520

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

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About This Property

Welcome to this tastefully updated Scripps Ranch home featuring a spectacular resort-style backyard.This 4-bedroom, 3-bathroom residence offers an entry-level bedroom with a full bathroom and a spacious main living area. The remodeled kitchen includes custom Alder wood cabinetry, granite countertops, stainless steel appliances, and a large walk-in pantry. The interior is finished with luxury vinyl plank flooring, upgraded baseboards, and recently remodeled bathrooms featuring quartz counters and custom tile. The master suite boasts a walk-in closet, a private balcony, and a remodeled bath with a soaking tub and custom frameless shower. The outdoor space is ideal for entertaining, featuring a pool and spa with premium finishes, three seating levels, a built-in BBQ bar, and a personal putting green. Offering both central A/C and mini splits, you’ll keep cool all year round. Located in the highly-rated Scripps Miramar School District and within walking distance of Lake Miramar, this home has the added benefit of no HOA or Mello-Roos fees. Hurry this beauty won’t last long!!

Mortgage Calculator

Est. Monthly Payment

$10,786

Principal & Interest$8,591
Property Tax$1,699
Insurance$496
%($339,800)
%

Location

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Investment Score

9D
Est. Monthly Rent
$6,282
Monthly Cashflow

Rent − PITIA

$-4,504
Full Cashflow

Incl. vacancy, PM, maint, capex

$-7,365

Mortgage (P+I)
$8,591
Cap Rate
0.87%
Cash-on-Cash
-26.01%
DSCR

Need ≥ 1.25 for DSCR loan

0.58
Break-even Rent
$15,847

NOI (Annual)
$14,716
Price-to-Rent

Lower = better for investors

22.5

* 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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