12388 Reata Court
1 / 20

12388 Reata Court

D

Rancho Bernardo, CA 92128

$1,695,000
NEW — 1d

Soft Appraisal Value: $1,659,300 · 2.2% above estimate

Beds

5

Baths

3

Sqft

2,400

Year Built

1977

Days on Market

1

Property Type

Single Family

HOA/mo

$680

MLS ID

NDP2604877

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

Virtual Tour

About This Property

Assumable loan at just 2.375%!!! Extensively renovated Rancho Bernardo home situated on a huge, ultra-private lot at the end of a quiet cul-de-sac. This 5 bedroom, 3 bathroom home offers approximately 2400 SF with exceptional indoor/outdoor living including a resort style backyard with a sparkling pool, spa & gazebo. Over $300,000 in recent upgrades include new hardwood flooring and baseboards throughout, new limestone floors in the kitchen, remodeled bathrooms with walk-in showers & upgraded vanities, a finished upstairs bonus room, newly resurfaced pool with new tile and expanded spa, a new and expanded pool deck, new gazebo, professionally installed turf, a cobblestone driveway and walkways, new pavers, a finished garage with epoxy flooring and Tesla EV charger, plus a new concrete tile roof, upgraded electrical panel, and owned solar system under Net Metering 2 designed to exceed projected energy usage — truly better than new! Enjoy membership to the Rancho Bernardo Swim & Tennis Club with tennis, pickleball, pool, fitness center, and year-round social events.

Mortgage Calculator

Est. Monthly Payment

$11,440

Principal & Interest$8,571
Property Tax$1,695
Insurance$494
HOA$680
%($339,000)
%

Location

Loading map...

Investment Score

0D
Est. Monthly Rent
$5,417
Monthly Cashflow

Rent − PITIA

$-6,023
Full Cashflow

Incl. vacancy, PM, maint, capex

$-8,681

Mortgage (P+I)
$8,571
Cap Rate
-0.08%
Cash-on-Cash
-30.73%
DSCR

Need ≥ 1.25 for DSCR loan

0.47
Break-even Rent
$16,691

NOI (Annual)
$-1,325
Price-to-Rent

Lower = better for investors

26.1

* 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