12555 Oaks North Drive #102
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12555 Oaks North Drive #102

Atop 10%

Rancho Bernardo, CA 92128Neighborhood: Rancho Bernardo

$449,000
STR: check · no permits in this complex · TOT 11.75%

3 licensed short-term rentals within ½ mile (1 whole home), from the cities' license and permit lists of Nov 11, 2026.

No unit in this 86-unit complex holds a short-term rental license, so nothing shows its HOA allows them. Get the CC&Rs before counting on short-term income.

Pass at asking: -$1,885/mo full cashflow at 20% down, 7.43% rate.

Works at $203,595 (55% under asking), or at 81% down.

Rent $2,803/mo from 9 leases of studio–2 bed condos & townhomes within 0.5 mi, same school area ($2,651–$3,344).

Beds

1

Baths

1

Sqft

822

Year Built

1977

Days on Market

45

Property Type

Condo

HOA/mo

$595

MLS ID

NDP2608977

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

Virtual Tour

About This Property

Welcome home! This adorable, pristine, and beautifully upgraded 1-bedroom condo is the perfect place to call home. At an impressive 822 square feet, this spacious, open, and light-filled unit has been lovingly cared for and thoughtfully upgraded throughout. The large living area opens to a private patio, creating the perfect spot to enjoy your morning coffee, relax in the evening breeze, or take in a beautiful sunset. From the stunning flooring and plantation shutters in the bedroom to the beautifully remodeled bathroom and bright, inviting kitchen featuring gorgeous granite countertops, every detail has been thoughtfully designed for comfort and style. Enjoy the convenience of a 1-car garage and a beautiful gated community pool and hot tub just steps from your front door. The 8th-hole green on the South Nine of the Oaks North Golf Course is just steps from your building, while the Oaks North Community Center is directly across the street. The community center offers an impressive array of amenities, including a heated swimming pool, hot tub, dry sauna, exercise room, library, and so much more. Ideally located close to shopping, dining, and easy freeway access via the I-15, this home offers both comfort and convenience in one of North County's desirable communities. This is a rare opportunity to own a spacious, highly upgraded condo in a wonderful location with resort-style amenities right outside your door. Come see this beautiful home—it won't last long!

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Est. Monthly Payment

$3,669

Principal & Interest$2,494
Property Tax$449
Insurance$131
HOA$595
%($89,800)
%
Loan Term

Location

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Zoned Schools

  • Elementary

    Chaparral Elementary · grades K-5 · Poway Unified

  • Middle

    Bernardo Heights Middle · grades 6-8 · Poway Unified

  • High

    Rancho Bernardo High · grades 9-12 · Poway Unified

The district's assigned schools for this parcel, from its attendance boundaries and rules. Boundaries change: confirm with the district before you buy.

Investment Score

51A
Est. Monthly Rent
$2,803

9 leases of studio–2 bed condos & townhomes within 0.5 mi, same school area · $2,651–$3,344

Blended 50/50 with a property-level estimate

Monthly Cashflow

Rent − PITIA

-$866
Full Cashflow

Incl. vacancy, PM, maint, capex

-$1,885

What would make this work?

$1,885/mo short at 20% down; 81% down or +$2,448/mo rent closes it.

Break-even price

55% under asking

$203,595
Break-even rent

$2,448/mo above the estimate

$5,251/mo
Cashflow at 35% down
−$1,418/mo
Down payment to break even

$363,690 cash

81%
Rate to break even

Negative even at a 0% loan

Not reachable

Mortgage (P+I)
$2,494
Cap Rate
2.00%
Cash-on-Cash
-25.19%
DSCR

Need ≥ 1.25 for DSCR loan

0.76

NOI (Annual)
$8,992
Price-to-Rent

Lower = better for investors

13.3

* Modelled at 20% down, 7.43% rate, 30yr · vacancy 8% · PM 10% · capex 5% · maintenance 1%/yr.

Estimates only. Not financial advice. Verify all figures independently with a licensed professional before making any investment decision.

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ACashflow−$1,885/mo