11240 Provencal Place

11240 Provencal Place

D

Rancho Bernardo, CA 92128

$798,000
NEW — 3d on market

Beds

2

Baths

2

Sqft

1,068

Year Built

1991

Days on Market

3

Property Type

Condo

HOA/mo

$417

MLS ID

260007059SD

View on MLS

Description

Welcome to this beautifully appointed 2-bedroom, 2-bath to condominium ideally situated in the heart of Rancho Bernardo. This light-filled corner unit offers privacy, tranquility, and picturesque park-like views within a desirable gated community. Thoughtfully designed for both comfort and style, the home features rich wood flooring, custom window treatments, and a spacious living area anchored by a newly updated fireplace-perfect for relaxing evenings at home. The kitchen is equipped with a new Samsung induction stove and cooktop, blending modern efficiency with sleek design. Enjoy seamless indoor-outdoor living with two private patios-one off the living room, ideal for entertaining or morning coffee, and another off the primary bedroom, creating a peaceful retreat. The guest bathroom has been newly remodeled and includes the added luxury of a bidet, while both bedrooms offer comfortable storage accommodations and ample natural light. Residents enjoy access to a community pool set within lush, well-maintained grounds. Ideally located just minutes from an array of restaurants, cafes, theaters, and shops, with convenient access to the 56 and 15 freeways, this home offers the perfect blend of convenience and lifestyle. Located within the highly sought-after Poway Unified School District, this is an exceptional opportunity to own in one of North County San Diego's most desirable communities.

Mortgage Calculator

Est. Monthly Payment

$5,483

Principal & Interest$4,035
Property Tax$798
Insurance$233
HOA$417
%($159,600)
%

Investment Score

2D
Est. Monthly Rent
$3,309
Monthly Cashflow

Rent − PITI − HOA

$-2,174
Full Cashflow

Incl. vacancy, PM, maint, capex

$-3,600

Mortgage (P+I)
$4,035
Cap Rate
0.65%
Cash-on-Cash
-27.07%
DSCR

⚠️ Need ≥ 1.25 for DSCR loan

0.60
Break-even Rent
$7,985

NOI (Annual)
$5,219
Price-to-Rent

Lower = better for investors

20.1

* 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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