12023 Alta Carmel Court
1 / 4

12023 Alta Carmel Court #246

A

Rancho Bernardo, CA 92128

$375,000
NEW — 1d

Beds

1

Baths

1

Sqft

704

Year Built

2006

Days on Market

1

Property Type

Condo

HOA/mo

$241

MLS ID

260013967SD

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

About This Property

Rancho Bernardo, terrace condo with bright patio, The property is being sold in as is condition. SHORT SALE – SUBJECT TO THIRD-PARTY APPROVAL. Please review all documents in the "Supplements/Documents" section of the MLS prior to submitting an offer. All attached documents must be signed and included with the initial offer package to be considered. buyer is responsible for a processing fee of $10,000 or 5% of the purchase price (whichever is greater) payable to Mr. Short Sale, LLC at closing. The HOA dues may be different. The amount is being confirmed. Square footage and room dimensions are estimates.

Mortgage Calculator

Est. Monthly Payment

$2,622

Principal & Interest$1,896
Property Tax$375
Insurance$109
HOA$241
%($75,000)
%

Location

Loading map...

Investment Score

57B
Est. Monthly Rent
$2,081
Monthly Cashflow

Rent − PITIA

$-540
Full Cashflow

Incl. vacancy, PM, maint, capex

$-1,331

Mortgage (P+I)
$1,896
Cap Rate
1.81%
Cash-on-Cash
-21.30%
DSCR

Need ≥ 1.25 for DSCR loan

0.79
Break-even Rent
$3,810

NOI (Annual)
$6,778
Price-to-Rent

Lower = better for investors

15.0

* 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.

Get Expert AnalysisOpen Full Calculator