12059 Alta Carmel Court
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12059 Alta Carmel Court #169

A

Rancho Bernardo, CA 92128

$550,000
NEW — 4d

Soft Appraisal Value: $544,400 · 1.0% above estimate

Beds

2

Baths

2

Sqft

1,036

Year Built

2006

Days on Market

4

Property Type

Condo

HOA/mo

$403

MLS ID

260015337SD

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

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About This Property

Beautiful large size 2br-2ba condo (1036 sq. ft.) Lower level in desirable IL Palio community in the heart of Carmel Mountain. This is a bright & spacious open lay out unit with fully equipped kitchen, ceiling fan and central Air Conditioning-Primary bedroom with walk-in closet - Remodeled new shower & full bathroom. Other bathroom has new vanity & new tiled flooring. Dryer is brand new. Enjoy community pool, spa, Tennis and racquetball courts, Fitness center, clubhouse and BBQ area. Located in award winging Poway Unified School District.

Mortgage Calculator

Est. Monthly Payment

$3,895

Principal & Interest$2,781
Property Tax$550
Insurance$160
HOA$403
%($110,000)
%

Location

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Investment Score

51B
Est. Monthly Rent
$3,112
Monthly Cashflow

Rent − PITIA

$-782
Full Cashflow

Incl. vacancy, PM, maint, capex

$-1,956

Mortgage (P+I)
$2,781
Cap Rate
1.80%
Cash-on-Cash
-21.34%
DSCR

Need ≥ 1.25 for DSCR loan

0.80
Break-even Rent
$5,653

NOI (Annual)
$9,899
Price-to-Rent

Lower = better for investors

14.7

* 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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