12349 Santiago Rd. East
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12349 Santiago Rd. East

A

Rancho Bernardo, CA 92128

$460,000
NEW — 1d

Beds

2

Baths

1

Sqft

962

Year Built

1964

Days on Market

1

Property Type

Condo

HOA/mo

$440

MLS ID

260009517SD

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

About This Property

This lovely single level home has been recently refreshed with brand-new interior paint and flooring. It is move-in-ready and also features a beautifully re-landscaped outdoor space to enjoy. Located in the highly desirable 55+ community of Seven Oaks in Rancho Bernardo. You will love the walkable access to shopping, dining, and everyday essentials, plus easy I-15 access. The Seven Oaks Community Center offers a heated swimming pool, spa, fitness room, two Pickleball courts, library, shuffleboard courts, Bocce Court, ceramic club, woodworking club, auditorium and various meeting rooms. The Clubhouse is centered on well-cared for grounds with green spaces, gardens and shade trees interspersed.  They have over 30 separate clubs that you could partake in. This isn't just a home, it's a lifestyle designed for ease, activity and enjoyment.

Mortgage Calculator

Est. Monthly Payment

$3,360

Principal & Interest$2,326
Property Tax$460
Insurance$134
HOA$440
%($92,000)
%

Location

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Investment Score

60A
Est. Monthly Rent
$2,910
Monthly Cashflow

Rent − PITIA

$-450
Full Cashflow

Incl. vacancy, PM, maint, capex

$-1,503

Mortgage (P+I)
$2,326
Cap Rate
2.15%
Cash-on-Cash
-19.60%
DSCR

Need ≥ 1.25 for DSCR loan

0.87
Break-even Rent
$4,861

NOI (Annual)
$9,880
Price-to-Rent

Lower = better for investors

13.2

* 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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