12135 Caminito Corriente
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12135 Caminito Corriente

D

Rancho Bernardo, CA 92128

$1,497,000
NEW — 0d

Beds

4

Baths

3

Sqft

2,904

Year Built

1986

Days on Market

0

Property Type

Single Family

HOA/mo

$410

MLS ID

260012871SD

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

About This Property

Elevated golf course views define this beautifully appointed home within the gated community of Los Rios in Rancho Bernardo. Rarely available, this spacious 4-bedroom floor plan overlooks The Heights Golf Course and presents a unique opportunity to own one of the community’s most sought-after models. The resort-style setting of Los Rios is surrounded by lush, manicured landscaping accented by tranquil waterfalls, a grand fountain, and a scenic pond frequented by local birds and ducks, creating a peaceful and picturesque environment. In addition to the pool, residents have access to the Bernardo Heights Community Center and its outstanding amenities. A bedroom and full bath are located on the first floor. The formal living room features high ceilings and expansive windows that fill the space with natural light. A separate dining room, ideal for entertaining, opens to a private interior atrium with fountain. The kitchen offers generous counter space, abundant storage, and flows seamlessly into a cozy family room and adjoining breakfast nook. Upstairs, the primary suite features a fireplace and a spacious ensuite bath. Two large secondary bedrooms are connected by an open hallway bridge, along with a versatile second-floor balcony deck—perfect for creating an additional outdoor living space. The backyard is designed for relaxation and entertaining, featuring a large patio, covered seating area, newer alumawood patio cover and built-in BBQ. Oversized 2 car garage with finished epoxy flooring & abundant cabinets & storage area! Residents of Los Rios enjoy amenities including a community pool, tennis courts, park, walking paths, and community center. Ideally located near Rancho Bernardo High School, Carmel Mountain Ranch shopping, and dining.

Mortgage Calculator

Est. Monthly Payment

$9,913

Principal & Interest$7,570
Property Tax$1,497
Insurance$437
HOA$410
%($299,400)
%

Location

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Investment Score

4D
Est. Monthly Rent
$5,240
Monthly Cashflow

Rent − PITIA

$-4,674
Full Cashflow

Incl. vacancy, PM, maint, capex

$-7,126

Mortgage (P+I)
$7,570
Cap Rate
0.36%
Cash-on-Cash
-28.56%
DSCR

Need ≥ 1.25 for DSCR loan

0.53
Break-even Rent
$14,495

NOI (Annual)
$5,320
Price-to-Rent

Lower = better for investors

23.8

* 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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