11519 Caminito Corriente
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11519 Caminito Corriente

D

Rancho Bernardo, CA 92128

$1,100,000
NEW — 2d

Beds

3

Baths

2

Sqft

1,619

Year Built

1988

Days on Market

2

Property Type

Condo

HOA/mo

$365

MLS ID

260013704SD

This property is in Rancho Bernardo (92128). View neighborhood stats →

About This Property

Located in the inviting community of The Village of Bernardo Heights you will find this charming 3 bedroom/2 bath home in a privacy setting and close to the community pool. Open living area with a fireplace and vaulted ceilings with a decorative window allows an abundance of natural light into the great room design opening into the dining area with a large skylight above. The kitchen offers generous storage and an adjoining intimate dining area overlooking the landscaped backyard. Abundance of storage areas. Spacious concrete patio area plus a nice grassy yard for the kids and pets to enjoy. Landscaped side yard entry to the front door is behind the privacy gate and leads to the backyard which is fully fenced. The primary suite boasts dual closets, soaring ceilings with en-suite bath includes dual sinks, a soaking tub and a separate shower. Guest bath off the hallway offers a full tub/shower .Additional highlights include a tiled entry and vaulted ceilings throughout the home with multiple skylights. Air conditioning and gas forced air heating unit. The two-car attached garage offers 8 foot doors for larger vehicles, closet area, shelving and a pull down ladder access to storage loft above, plus the washer/dryer area. Side door access to air/conditioning and small patio area. Residents can enjoy the nearby community pools with spa, plus access to the Bernardo Heights Community Center featuring tennis courts, swimming pools, and fitness room in the clubhouse. Conveniently located just minutes from the Bernardo Heights Golf Course.

Mortgage Calculator

Est. Monthly Payment

$7,348

Principal & Interest$5,562
Property Tax$1,100
Insurance$321
HOA$365
%($220,000)
%

Location

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Investment Score

2D
Est. Monthly Rent
$3,748
Monthly Cashflow

Rent − PITIA

$-3,600
Full Cashflow

Incl. vacancy, PM, maint, capex

$-5,379

Mortgage (P+I)
$5,562
Cap Rate
0.20%
Cash-on-Cash
-29.34%
DSCR

Need ≥ 1.25 for DSCR loan

0.51
Break-even Rent
$10,734

NOI (Annual)
$2,200
Price-to-Rent

Lower = better for investors

24.5

* 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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