12051 Alta Carmel Ct
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12051 Alta Carmel Ct #208

A

Rancho Bernardo, CA 92128

$539,000
NEW — 2d

Soft Appraisal Value: $537,900 · 0.2% above estimate

Beds

2

Baths

2

Sqft

1,036

Year Built

2006

Days on Market

2

Property Type

Condo

HOA/mo

$330

MLS ID

260016913SD

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

About This Property

Nestled in THE NICEST LOCATIONS within the Il Palio Complex. An upper end unit with vinyl floor throughout overlooking beautiful green belt view from upstairs. The condo has a spacious feel with a large living room and fireplace. A separate dining area and kitchen in great condition. 2 spacious bedrooms and 2 full baths. The upstairs balcony is underneath the mature shade trees and a green belt below. Residents enjoy resort-style amenities including a pool, spa, fitness center, tennis, and basketball court. Walkable distance to PUSD middle and high school and easy access to freeway and shopping. 2nd Floor Unit (End Unit) makes this a Unique one in community. Just minutes to shopping in Carmel Mountain Ranch, 4S Ranch, Rancho Bernardo and Poway. The unit also offers its own Indoor Laundry with full size washer and dryer!. Il Palio is a well-maintained and updated condominium complex, offering first-class living in a convenient location. It is just a short walk from the award-winning Poway Unified Schools, including Rancho Bernardo High School and Bernardo Heights Middle School. It provides easy access to shopping areas in Carmel Mountain Ranch, 4S Ranch, Rancho Bernardo, and Poway. Features of the Complex: 1) Outdoor BBQ and eating areas 2) Pool 3) Spa 4) Weight Room 5) Racquetball 6) Tennis 7) Recreation room 8) Play areas

Mortgage Calculator

Est. Monthly Payment

$3,752

Principal & Interest$2,725
Property Tax$539
Insurance$157
HOA$330
%($107,800)
%

Location

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Investment Score

50B
Est. Monthly Rent
$2,923
Monthly Cashflow

Rent − PITIA

$-828
Full Cashflow

Incl. vacancy, PM, maint, capex

$-1,950

Mortgage (P+I)
$2,725
Cap Rate
1.73%
Cash-on-Cash
-21.71%
DSCR

Need ≥ 1.25 for DSCR loan

0.78
Break-even Rent
$5,455

NOI (Annual)
$9,307
Price-to-Rent

Lower = better for investors

15.4

* 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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