12188 Rancho Bernardo Road
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12188 Rancho Bernardo Road #B

C

Rancho Bernardo, CA 92128

$600,000
NEW — 0d

Beds

2

Baths

2

Sqft

1,091

Year Built

1968

Days on Market

0

Property Type

Condo

HOA/mo

$430

MLS ID

NDP2603903

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

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About This Property

Private, upper-level end unit in the heart of Rancho Bernardo, offering 2 bedrooms and 2 full baths with a light-filled, open layout and fresh updates throughout. Recent upgrades include newer interior paint, updated fixtures, recessed lighting, newer windows, and durable flooring for a clean, move-in ready feel. The spacious living area opens to a large outdoor balcony ideal for relaxing or entertaining. The balcony overlooks a lush, park-like setting with a peaceful waterway, creating a serene outdoor environment. The refreshed kitchen offers ample storage and a clean, modern finish. The comfortable primary suite is complemented by a versatile secondary bedroom ideal for guests, family, or a home office. Covered parking is conveniently located nearby along with additional storage and guest parking. Residents enjoy access to the Rancho Bernardo Swim & Tennis Club with pools, spa, sauna, tennis courts, playground, fitness center, and more. HOA covers water, trash, cable, internet, exterior maintenance, and landscaping. Ideally located near top-rated Poway Unified schools, shopping, dining, and easy freeway access.

Mortgage Calculator

Est. Monthly Payment

$4,239

Principal & Interest$3,034
Property Tax$600
Insurance$175
HOA$430
%($120,000)
%

Location

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Investment Score

36C
Est. Monthly Rent
$2,910
Monthly Cashflow

Rent − PITIA

$-1,329
Full Cashflow

Incl. vacancy, PM, maint, capex

$-2,498

Mortgage (P+I)
$3,034
Cap Rate
1.07%
Cash-on-Cash
-24.98%
DSCR

Need ≥ 1.25 for DSCR loan

0.69
Break-even Rent
$6,154

NOI (Annual)
$6,428
Price-to-Rent

Lower = better for investors

17.2

* 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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