12047 Alta Carmel Ct San Diego

12047 Alta Carmel Ct San Diego

D

, CA 92128

$595,000

Beds

2

Baths

2

Sqft

1,036

Year Built

2006

Days on Market

60

Property Type

Condo

HOA/mo

$370

MLS ID

2600074SD

Description

Ground-floor 2 bed, 2 bath unit in the highly desirable Il Palio community of Rancho Bernardo. This well-maintained home features an open floor plan with crown molding, a cozy fireplace, and a private patio that extends your living space outdoors. Enjoy the convenience in-unit laundry room; as well as 2 parking spaces - assigned carport and uncovered parking spot. The community offers a variety of resort-style amenities, including a pool, spa, tennis courts, fitness center, and more. Located within a top-rated school district and close to shopping, dining, parks, and recreational trails. Easy access to I-15 makes commuting a breeze. A perfect blend of comfort, location, and lifestyle awaits!

Mortgage Calculator

Est. Monthly Payment

$4,147

Principal & Interest$3,009
Property Tax$595
Insurance$174
HOA$370
%($119,000)
%

Investment Score

6D
Est. Monthly Rent

Market Rent Estimate

$2,744
Monthly Cashflow

Rent − PITI − HOA

$-1,404
Full Cashflow

Incl. vacancy, PM, maint, capex

$-2,531

Mortgage (P+I)
$3,009
Cap Rate
0.96%
Cash-on-Cash
-14.15%
DSCR

⚠️ Need ≥ 1.25 for DSCR loan

0.91
Break-even Rent
$4,148

NOI (Annual)
$5,737
Price-to-Rent

Lower = better for investors

18.1

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

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