12702 Metate Ln
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12702 Metate Ln

C

Poway, CA 92064

$1,125,000
NEW — 0d

Beds

3

Baths

2

Sqft

1,631

Year Built

1961

Days on Market

0

Property Type

Single Family

HOA/mo

N/A

MLS ID

260014285SD

This property is in Poway (92064). View neighborhood stats →

About This Property

Welcome to this stunningly newly renovated home, situated in one of Poway's most desirable neighborhoods. This extensively rebuilt and re-imagine offers the rare combination of virtually new construction, a prime location, and a large lot with future potential such as an ADU or RV parking. Thoughtfully renovated with permits for the new roof, foundation repairs, and interior remodel, the home has been transformed from the studs out, with nearly every major component replaced or upgraded. Step inside this bright open living area, you’ll find approximately 1,600 square feet of beautifully finished living space featuring 3 bedrooms and 2 bathrooms, a stunning new fireplace, premium Viking appliances, new windows and doors, a brand new HVAC system, and designer finishes throughout. Outside, enjoy a generous backyard with plenty of room for outdoor dining, new landscaping and new garage door to complete this home’s impressive curb appeal. This is more than a remodel, it’s an opportunity to own a home that combines the character of an established Poway neighborhood with the comfort, quality, and reliability of a nearly brand-new home

Mortgage Calculator

Est. Monthly Payment

$7,142

Principal & Interest$5,689
Property Tax$1,125
Insurance$328
%($225,000)
%

Location

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Investment Score

7D
Est. Monthly Rent
$3,938
Monthly Cashflow

Rent − PITIA

$-3,204
Full Cashflow

Incl. vacancy, PM, maint, capex

$-5,047

Mortgage (P+I)
$5,689
Cap Rate
0.68%
Cash-on-Cash
-26.92%
DSCR

Need ≥ 1.25 for DSCR loan

0.55
Break-even Rent
$10,492

NOI (Annual)
$7,701
Price-to-Rent

Lower = better for investors

23.8

* 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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