12675 Camino Mira
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12675 Camino Mira #173

C

Carmel Valley, CA 92130

$605,000
NEW — 3d

Soft Appraisal Value: $584,900 · 3.4% above estimate

Beds

1

Baths

1

Sqft

638

Year Built

1990

Days on Market

3

Property Type

Condo

HOA/mo

$370

MLS ID

NDP2606100

This property is in Carmel Valley (92130). View neighborhood stats →

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About This Property

Recently updated first floor unit in Del Mar Villas condominium complex located in Carmel Valley! Upon entry, the beautiful kitchen’s openness permits a pleasant visual appreciation of the recently installed quartz countertops, recently painted cabinets, new sink, new faucet, and Kitchen Aid stainless steel appliances. Additional upgrades include: freshly painted walls, recently installed wide plank luxury vinyl flooring, new baseboards, Lutron wall switches, Lutron motorized blackout roller shades, Lutron smart home ready, LED recessed lighting in the kitchen; dining room; hallway; bathroom. The bathroom includes Moen 90 degree collection. This unit is one of few units in this community that was updated with a ductless mini split AC / heater in the living room and the bedroom. A hallway laundry closet includes Kenmore stacked washer and dryer. The bedroom features a Haiku LED WiFi ceiling fan. A newly installed vibrant patio flooring contributes to the future opportunity for a personalized retreat, green-space, and more. Assigned storage unit in front of assigned carport parking space. This condominium complex’s HOA dues contribute toward maintenance and operation of the association's common areas and amenities, landscaping, exterior building maintenance, common area utilities, pool and spa facilities, clubhouse, tennis / pickle ball courts, insurance maintained by the association, and reserve funding for future repair and replacement projects. Conveniently located a short distance from Del Mar Highlands Town Center, One Paseo, Piazza Carmel, Carmel Grove Park, and dog parks. A short distance drive to Torrey Pines State Beach / hiking trails, Torrey Pines Golf Course, Del Mar beaches, UCSD, I-5, SR-56, and top rated schools. VA and FHA approved.

Mortgage Calculator

Est. Monthly Payment

$4,211

Principal & Interest$3,059
Property Tax$605
Insurance$176
HOA$370
%($121,000)
%

Location

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Investment Score

30C
Est. Monthly Rent
$2,600
Monthly Cashflow

Rent − PITIA

$-1,610
Full Cashflow

Incl. vacancy, PM, maint, capex

$-2,712

Mortgage (P+I)
$3,059
Cap Rate
0.69%
Cash-on-Cash
-26.90%
DSCR

Need ≥ 1.25 for DSCR loan

0.62
Break-even Rent
$6,123

NOI (Annual)
$4,162
Price-to-Rent

Lower = better for investors

19.4

* 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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