12148
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12148 #B

B

Rancho Bernardo, CA 92128

$585,000
NEW — 0d

Beds

2

Baths

2

Sqft

1,091

Year Built

1968

Days on Market

0

Property Type

Condo

HOA/mo

$475

MLS ID

OC26141306

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

About This Property

Beautiful 2-bedroom, 2-bath upper end unit located in the desirable Bernardo Villas community of Rancho Bernardo. This light-filled home offers serene courtyard and greenbelt views, creating a peaceful, park-like setting. The private balcony, accessible from both the living room and the primary bedroom, provides the perfect space to relax and unwind. The kitchen features stainless steel appliances and ample cabinet space. Additional highlights include recessed lighting, fresh interior paint, a new water heater, and an upgraded HVAC system with enhanced air purification. Enjoy access to the RB Swim & Tennis Club, offering pools, spas, a fitness center, tennis courts, pickleball, and more. Cable service with over 100 channels and DVR is included. Ideally located within the award-winning Poway Unified School District, and close to shopping, dining, parks, golf courses, freeway access, and everything Rancho Bernardo has to offer. Beaches and mountains are just a short drive away. FHA and VA approved.

Mortgage Calculator

Est. Monthly Payment

$4,189

Principal & Interest$2,958
Property Tax$585
Insurance$171
HOA$475
%($117,000)
%

Location

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Investment Score

38C
Est. Monthly Rent
$2,985
Monthly Cashflow

Rent − PITIA

$-1,204
Full Cashflow

Incl. vacancy, PM, maint, capex

$-2,378

Mortgage (P+I)
$2,958
Cap Rate
1.19%
Cash-on-Cash
-24.39%
DSCR

Need ≥ 1.25 for DSCR loan

0.71
Break-even Rent
$6,073

NOI (Annual)
$6,959
Price-to-Rent

Lower = better for investors

16.3

* 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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