115 Vallarta Ct

115 Vallarta Ct

D

Solana Beach, CA 92075

$1,499,000

Soft Appraisal Value: $1,475,200 · 1.6% above estimate

Beds

2

Baths

2

Sqft

1,344

Year Built

1972

Days on Market

74

Property Type

Condo

HOA/mo

$670

MLS ID

260001637SD

View on MLS

Description

LOCATION! LOCATION!!....This highly desirable SINGLE Level home located at the Lomas Santa Fe CC Villas with Spectacular panoramic Golf Course Views awaits! This highly-sought-after home has been recently upgraded throughout to include new kitchen appliances, custom flooring, all new window coverings, 2 new upgraded bathrooms, a custom master designer closet, new lighting, custom paint throughout, and much much more! The wonderful outdoor living space truly lives like a detached home with all of the benefits of low maintenance easy living. The HOA covers trash, water, sewer, cable and internet. This desirable home is convenient located to the freeway, many fantastic restaurants, the Iconic Del Mar Race Track, Cedros Design Center, and most especially out beautiful Beaches! Don't wait long to finally get "You're Hole in One"!!!

Mortgage Calculator

Est. Monthly Payment

$10,186

Principal & Interest$7,580
Property Tax$1,499
Insurance$437
HOA$670
%($299,800)
%

Investment Score

1D
Est. Monthly Rent
$5,592
Monthly Cashflow

Rent − PITIA

$-4,594
Full Cashflow

Incl. vacancy, PM, maint, capex

$-7,129

Mortgage (P+I)
$7,580
Cap Rate
0.36%
Cash-on-Cash
-28.54%
DSCR

⚠️ Need ≥ 1.25 for DSCR loan

0.55
Break-even Rent
$14,851

NOI (Annual)
$5,408
Price-to-Rent

Lower = better for investors

22.3

* 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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