12226 Rancho Bernardo Rd.
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12226 Rancho Bernardo Rd. #A

C

Rancho Bernardo, CA 92128

$535,000

Soft Appraisal Value: $489,000 · 9.4% above estimate

Beds

2

Baths

1.5

Sqft

924

Year Built

1966

Days on Market

72

Property Type

Condo

HOA/mo

$475

MLS ID

260002297SD

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

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About This Property

Beautiful, updated condo within steps of RB Swim and Tennis Club and all that Rancho Bernardo has to offer - Dining, Shopping, Library, Churches, and plenty of activities. This condo features gorgeous neutral, new flooring, a fresh, white kitchen with stone counters, stainless appliances and plenty of storage. The open concept living/dining area, has an added bonus of a lovely, private, outdoor, fenced in, garden space perfect for indoor, outdoor entertaining. Half bath downstairs. Upstairs are two comfortable bedrooms and a full bath, filled with natural light. There is one assigned carport with a storage area, plus easy street parking for guests. Laundry and Mailbox 13 covered steps from unit! HOA includes Wifi, Spectrum TV, DVR, Modem and premium channels (apps), Water, Trash, roof, and limited insurance. Additionally, annual fee that pays for premium membership to the Rancho Bernardo Swim & Tennis Club located just across the street. The club features a gym, pickleball and tennis courts, basketball courts, playground, karate and fitness classes, pools, and even a woodshop for hobbyists. Conveniently located near freeway access, this is your chance to enjoy North County living with resort-style amenities just steps from your front door. Come take a look. This one checks all the boxes!

Mortgage Calculator

Est. Monthly Payment

$3,871

Principal & Interest$2,705
Property Tax$535
Insurance$156
HOA$475
%($107,000)
%

Location

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Investment Score

44C
Est. Monthly Rent
$2,910
Monthly Cashflow

Rent − PITIA

$-961
Full Cashflow

Incl. vacancy, PM, maint, capex

$-2,076

Mortgage (P+I)
$2,705
Cap Rate
1.41%
Cash-on-Cash
-23.29%
DSCR

Need ≥ 1.25 for DSCR loan

0.75
Break-even Rent
$5,607

NOI (Annual)
$7,546
Price-to-Rent

Lower = better for investors

15.3

* 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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