11375 Paymogo
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11375 Paymogo

Dbottom 20%

Rancho Peñasquitos, CA 92129

$2,249,000
STR-eligible · San Diego Tier 3 · TOT 11.75%

One license per person in San Diego: whether you can hold it depends on you, not only the home.

6 licensed short-term rentals within ½ mile (3 whole home), from the cities' license and permit lists of Nov 11, 2026.

Pass at asking: -$12,893/mo full cashflow at 20% down, 7.43% rate.

Works at $570,398 (75% under asking); even all cash loses money at asking.

Rent $5,689/mo from 10 leases of 3–5 bed houses within 1 mi ($5,303–$6,206).

Beds

4

Baths

3.5

Sqft

2,935

Year Built

1991

Days on Market

139

Property Type

Single Family

HOA/mo

N/A

MLS ID

260015380SD

This property is in Rancho Peñasquitos (92129). View neighborhood stats →

Virtual Tour

About This Property

Seller will consider a rate buy down. Inquire for details. Welcome to your private hillside oasis! Nestled at the end of an exclusive cul-de-sac in Rancho Peñasquitos, this custom luxury and award winning estate offers a rare blend of scale, privacy, and prestige on nearly 2/3 of an acre that's been cared for by just one owner. Zoned for the award-winning Poway Unified School District, this unique tri-level masterpiece spans nearly 3,000 sq. ft. of expertly designed living space. Step inside to a grand formal living and dining room, perfect for elegant entertaining and years of holiday memories. The heart of the home is the spectacular great room, featuring a dream kitchen equipped with an exquisite Viking stove (complete with a center griddle and dual convection ovens), a Sub-Zero fridge, and storage galore. This culinary space flows seamlessly into a casual family dining area, a welcoming family room, secondary den/game/flex space, and a private office. Designed for versatility, the main level also features a convenient bedroom and two full bathrooms: an ideal setup for guests, multi-generational living, a nanny or a caregiver. Upstairs offers ultimate daily convenience with the lovely primary suite with soaking tub ( tankless water heater to fill it), 2 more bedrooms, and the laundry area. The true *coup de grâce* is the resort-style backyard. Lose yourself in impeccably curated grounds featuring a sparkling pool with a water slide, a cascading rock waterfall, and a fully equipped outdoor kitchen.

Mortgage Calculator

Est. Monthly Payment

$15,399

Principal & Interest$12,494
Property Tax$2,249
Insurance$656
%($449,800)
%
Loan Term

Location

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Zoned Schools

  • Elementary

    Rolling Hills Elementary · grades K-5 · Poway Unified

  • Middle

    Black Mountain Middle · grades 6-8 · Poway Unified

  • High

    Mt. Carmel High · grades 9-12 · Poway Unified

The district's assigned schools for this parcel, from its attendance boundaries and rules. Boundaries change: confirm with the district before you buy.

Investment Score

0D
Est. Monthly Rent
$5,689

10 leases of 3–5 bed houses within 1 mi · $5,303–$6,206

Blended 50/50 with the zip's market median ($5,435)

Monthly Cashflow

Rent − PITIA

-$9,710
Full Cashflow

Incl. vacancy, PM, maint, capex

-$12,893

What would make this work?

$12,893/mo short at 20% down; +$16,744/mo rent closes it.

Break-even price

75% under asking

$570,398
Break-even rent

$16,744/mo above the estimate

$22,433/mo
Cashflow at 35% down
−$10,550/mo
Down payment to break even

Negative even all-cash

Not reachable
Rate to break even

Negative even at a 0% loan

Not reachable

Mortgage (P+I)
$12,494
Cap Rate
-0.06%
Cash-on-Cash
-34.40%
DSCR

Need ≥ 1.25 for DSCR loan

0.37

NOI (Annual)
-$1,370
Price-to-Rent

Lower = better for investors

32.9

* Modelled at 20% down, 7.43% rate, 30yr · vacancy 8% · PM 10% · capex 5% · maintenance 1%/yr.

Estimates only. Not financial advice. Verify all figures independently with a licensed professional before making any investment decision.

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DCashflow−$12,893/mo