115 Vallarta Ct

115 Vallarta Ct

D

Solana Beach, CA 92075

$1,499,000

Beds

2

Baths

2

Sqft

1,344

Year Built

1972

Days on Market

29

Property Type

Condo

HOA/mo

$670

MLS ID

260001637SD

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)
%

Comparable Properties

3 comps found

This Property

$5,243

vs

Comp Average

$3,513

Comps based on same zip code, similar beds (±1), price range (60-150%).

Investment Score

0D
Est. Monthly Rent

Zillow Rent Zestimate

$5,243
Monthly Cashflow
$-7,398

Mortgage (P+I)
$7,580
Cap Rate
0.15%
Cash-on-Cash
-29.61%
DSCR

⚠️ Need ≥ 1.25 for DSCR loan

0.69
Break-even Rent
$12,221

NOI (Annual)
$2,183
Price-to-Rent

Lower = better for investors

23.8

* Defaults: 20% down, 6.5% rate, 30yr.

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