12122 Royal Birkdale Row
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12122 Royal Birkdale Row #303

D

Rancho Bernardo, CA 92128

$549,000

Soft Appraisal Value: $712,400 · 22.9% below estimate

Beds

2

Baths

2

Sqft

1,172

Year Built

1987

Days on Market

68

Property Type

Condo

HOA/mo

$1,126

MLS ID

260003671SD

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

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About This Property

HUGE PRICE REDUX! Seller Motivated! Panoramic golf course views. New windows and carpet, redone cabinets and hardware, new lighting and shades. HOA covers so many extras: Building cooling tower and boiler for HVAC, WiFi, Cable TV, Bernardo Heights CC Membership, fire sprinkler protection system plus cold/hot water. Complex is VA/FHA approved and meticulously maintained. 2 side-by-side parking spaces and storage. Photos of the living rm, dining rm and primary bdr have been virtually staged. Furniture/decor are digital renderings and are not included in the sale. Bernardo Heights Community Center has tennis and pickleball, Master's Hill complex has 3 pools and jacuzzis, clubhouse, lap pools, gym, billiards, ping pong, BBQ and more! Resort-style living. Photos of the Living Room, Dining Room and Primary Bedroom have been virtually staged. Furniture and decor are digital renderings and are not included in the sale. HUGE PRICE REDUX! Seller Motivated! Panoramic golf course views. Resort-style living. New windows, new carpet, freshly painted cabinets and new hardware, new lighting and shades. HOA covers so many extras: Building cooling tower and Boiler for Heating and cooling, WiFi, Cable TV, Bernardo Heights CC Membership, Fire Sprinkler protection system plus cold and hot water. Complex is VA and FHA approved and meticulously maintained with 2 side-by-side parking spaces and storage. Photos of the living rm, dining rm and primary bdr have been virtually staged. Furniture/decor are digital renderings and are not included in the sale. Bernardo Heights Community Center has tennis and pickleball, Master's Hill complex has 3 pools and jacuzzis, clubhouse, lap pools, gym, billiards, ping pong, BBQ and more! HOA also includes water, hot water. Photos of the Living Room, Dining Room and Primary Bedroom have been virtually staged. Furniture and decor are digital renderings and are not included in the sale.

Mortgage Calculator

Est. Monthly Payment

$4,611

Principal & Interest$2,776
Property Tax$549
Insurance$160
HOA$1,126
%($109,800)
%

Location

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Investment Score

22D
Est. Monthly Rent
$2,910
Monthly Cashflow

Rent − PITIA

$-1,701
Full Cashflow

Incl. vacancy, PM, maint, capex

$-2,828

Mortgage (P+I)
$2,776
Cap Rate
-0.11%
Cash-on-Cash
-30.91%
DSCR

Need ≥ 1.25 for DSCR loan

0.63
Break-even Rent
$6,583

NOI (Annual)
$-622
Price-to-Rent

Lower = better for investors

15.7

* 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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