12238 Rancho Bernardo Road

12238 Rancho Bernardo Road

D

San Diego, CA 92128

$398,000
NEW — 3d on market

Beds

1

Baths

1

Sqft

764

Year Built

1966

Days on Market

3

Property Type

Condo

HOA/mo

$475

MLS ID

NDP2602116

Description

Welcome Home! This is a fantastic opportunity in the highly sought-after Rancho Bernardo community. Cozy and charming 1-bed/1-bath end unit. Private patio off the living room/family area adds another outdoor space to the property. Stacked Washer/Dryer located in the hall closet. Carport conveniently located across from the unit. 2 storage containers in the carport. Street parking is adjacent to the complex. MUST SEE!! HOA, No Mello Roos. Conveniently located across the street from the RB Swim and Tennis Club, shopping, and dining. LOCATION, LOCATION, LOCATION.

Mortgage Calculator

Est. Monthly Payment

$3,002

Principal & Interest$2,013
Property Tax$398
Insurance$116
HOA$475
%($79,600)
%

Investment Score

15D
Est. Monthly Rent
$2,276
Monthly Cashflow

Rent − PITI − HOA

$-726
Full Cashflow

Incl. vacancy, PM, maint, capex

$-1,581

Mortgage (P+I)
$2,013
Cap Rate
1.30%
Cash-on-Cash
-10.94%
DSCR

⚠️ Need ≥ 1.25 for DSCR loan

0.76
Break-even Rent
$3,002

NOI (Annual)
$5,182
Price-to-Rent

Lower = better for investors

14.6

* 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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