12148 Rancho Bernardo

12148 Rancho Bernardo

D

Rancho Bernardo, CA 92128

$590,000

Beds

2

Baths

2

Sqft

1,091

Year Built

1968

Days on Market

17

Property Type

Condo

HOA/mo

$475

MLS ID

OC26038457

View on MLS

Description

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

$4,220

Principal & Interest$2,983
Property Tax$590
Insurance$172
HOA$475
%($118,000)
%

Investment Score

6D
Est. Monthly Rent
$2,824
Monthly Cashflow

Rent − PITI − HOA

$-1,396
Full Cashflow

Incl. vacancy, PM, maint, capex

$-2,538

Mortgage (P+I)
$2,983
Cap Rate
0.91%
Cash-on-Cash
-14.20%
DSCR

⚠️ Need ≥ 1.25 for DSCR loan

0.67
Break-even Rent
$4,220

NOI (Annual)
$5,350
Price-to-Rent

Lower = better for investors

17.4

* 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.

Get Expert AnalysisOpen Full Calculator