12616 Springbrook Dr #D
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12616 Springbrook Dr #D

Ctop 80%

Rancho Bernardo, CA 92128Neighborhood: Sabre Springs

$799,000
STR: check · no permits in this complex · TOT 12.75%

1 licensed short-term rental within ½ mile (1 whole home), from the cities' license and permit lists of Nov 2, 2026.

No unit in this 20-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: -$3,992/mo full cashflow at 20% down, 7.49% rate.

Works at $281,486 (65% under asking), or at 92% down.

Rent $3,591/mo from 12 leases of 2-bed condos & townhomes within 1 mi, same school area ($3,505–$3,948).

Beds

2

Baths

2

Sqft

1,526

Year Built

1991

Days on Market

41

Property Type

Condo

HOA/mo

$594

MLS ID

260023095SD

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

Virtual Tour

About This Property

Welcome to this beautifully remodeled gem nestled in the highly desirable Sabre Springs community! Located within the TOP-Rated Poway Unified School District, this charming home offers comfort, style, and an ideal location. Step inside and be greeted by soaring ceilings that create a bright and spacious feel throughout the living and dining areas. Freshly painted interiors, brand-new carpet, and brand-new stove and microwave make this home truly move-in ready. Featuring 2 bedrooms, 2 bathrooms, and a versatile spacious loft, there’s plenty of room to make this home your own. Use the loft as an art studio, home office, game room, or your favorite private retreat to unwind at the end of a busy day. The inviting primary suite features a private en-suite bathroom and walk-in closet. A convenient laundry room adds to the functionality, while the spacious two-car garage with abundant built-in cabinetry provides excellent storage. Step outside onto the super cool private balcony, where you can relax in the evening, enjoy the refreshing breeze, and take in the peaceful surroundings. On weekends, gather with family and friends at the community pool and spa for the perfect place to unwind and enjoy the Southern California lifestyle. Centrally located in a beautifully maintained, clean, and welcoming community, this home combines convenience, comfort, and an exceptional lifestyle. Come see this lovely home and discover the perfect place to call your own!

Mortgage Calculator

Est. Monthly Payment

$6,091

Principal & Interest$4,465
Property Tax$799
Insurance$233
HOA$594
%($159,800)
%
Loan Term

Location

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Zoned Schools

  • Elementary

    Morning Creek Elementary · grades K-5 · Poway Unified

  • Middle

    Meadowbrook Middle · grades 6-8 · Poway Unified

  • High

    Mt. Carmel 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

20C
Est. Monthly Rent
$3,591

12 leases of 2-bed condos & townhomes within 1 mi, same school area · $3,505–$3,948

Blended 50/50 with a property-level estimate

Monthly Cashflow

Rent − PITIA

-$2,500
Full Cashflow

Incl. vacancy, PM, maint, capex

-$3,992

What would make this work?

$3,992/mo short at 20% down; 92% down or +$5,184/mo rent closes it.

Break-even price

65% under asking

$281,486
Break-even rent

$5,184/mo above the estimate

$8,775/mo
Cashflow at 35% down
−$3,155/mo
Down payment to break even

$735,080 cash

92%
Rate to break even

Negative even at a 0% loan

Not reachable

Mortgage (P+I)
$4,465
Cap Rate
0.98%
Cash-on-Cash
-29.98%
DSCR

Need ≥ 1.25 for DSCR loan

0.59

NOI (Annual)
$7,833
Price-to-Rent

Lower = better for investors

18.5

* Modelled at 20% down, 7.49% 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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CCashflow−$3,992/mo