12023 Alta Carmel Ct
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12023 Alta Carmel Ct #253

C

Rancho Bernardo, CA 92128

$465,000

Beds

1

Baths

1

Sqft

704

Year Built

2006

Days on Market

73

Property Type

Condo

HOA/mo

$465

MLS ID

260003200SD

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

About This Property

This home is perfectly located in the highly desirable Rancho Bernardo/Alta Carmel area, just minutes from Costco, shopping centers, restaurants, and everyday conveniences. Enjoy easy access to parks, walking trails, and major freeways, making commuting and daily errands effortless. The property is located within the award-winning Poway Unified School District, known for its excellent academic programs and highly rated schools, making it an ideal choice for families. This prime location offers the perfect blend of convenience, lifestyle, and top-tier education.

Mortgage Calculator

Est. Monthly Payment

$3,417

Principal & Interest$2,351
Property Tax$465
Insurance$136
HOA$465
%($93,000)
%

Location

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Investment Score

30C
Est. Monthly Rent
$1,998
Monthly Cashflow

Rent − PITIA

$-1,419
Full Cashflow

Incl. vacancy, PM, maint, capex

$-2,266

Mortgage (P+I)
$2,351
Cap Rate
0.22%
Cash-on-Cash
-29.24%
DSCR

Need ≥ 1.25 for DSCR loan

0.58
Break-even Rent
$4,941

NOI (Annual)
$1,020
Price-to-Rent

Lower = better for investors

19.4

* 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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