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12884 Camino De La Breccia
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12884 Camino De La Breccia

Ctop 80%

Rancho Bernardo, CA 92128Neighborhood: Rancho Bernardo

$769,000
NEW — 2d
STR: check · no permits in this complex · TOT 11.75%

0 licensed short-term rentals within ½ mile (0 whole home), from the cities' license and permit lists of Nov 13, 2026.

No unit in this 27-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: -$3,443/mo full cashflow at 20% down, 7.36% rate.

Works at $318,428 (59% under asking), or at 85% down.

Rent $3,706/mo from 11 leases of 2–4 bed condos & townhomes within 1 mi ($3,374–$4,002).

Beds

3

Baths

2

Sqft

1,350

Year Built

1982

Days on Market

2

Property Type

Condo

HOA/mo

$420

MLS ID

NDP2609951

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

Virtual Tour

About This Property

Enjoy beautiful mountain views stretching from west to east in this 3-bedroom, 2-bath home in the desirable Oaks North 55+ community. Vaulted ceilings and skylights create a bright, open feel throughout the living areas, complemented by freshly painted kitchen cabinets and a relocated laundry closet accommodating full-size washer and dryer units. The Oaks North Community Center offers over 30 activities, a vibrant social atmosphere and a welcoming neighborhood. Enjoy an active lifestyle, a strong sense of community and the convenience of Bernardo Winery just down the street!

Mortgage Calculator

Est. Monthly Payment

$5,656

Principal & Interest$4,243
Property Tax$769
Insurance$224
HOA$420
%($153,800)
%
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.

Comparable Properties

5 comps found

This Property

$3,706

vs

Comp Average

$3,765

16238 Avenida Venusto

16238 Avenida Venusto

3bd / 2ba · 1,311 sqft · Condo

$599K

Est. $3,713/mo

17940 Avenida Alozdra

17940 Avenida Alozdra

2bd / 2ba · 1,328 sqft · Condo

$695K

Est. $3,663/mo

12126 Caminito Campana

12126 Caminito Campana

3bd / 2ba · 1,434 sqft · Condo

$710K

Est. $3,654/mo

17862 Avenida Cordillera

17862 Avenida Cordillera

3bd / 2ba · 1,350 sqft · Condo

$736K

Est. $3,721/mo

12122 Royal Birkdale

12122 Royal Birkdale

3bd / 2.5ba · 1,464 sqft · Condo

$749K

Est. $4,074/mo

Comps based on same zip code, similar beds (±1), price range (60-150%).

Investment Score

31C
Est. Monthly Rent
$3,706

11 leases of 2–4 bed condos & townhomes within 1 mi · $3,374–$4,002

Blended 50/50 with the zip's market median ($3,851)

Monthly Cashflow

Rent − PITIA

-$1,950
Full Cashflow

Incl. vacancy, PM, maint, capex

-$3,443

What would make this work?

$3,443/mo short at 20% down; 85% down or +$4,471/mo rent closes it.

Break-even price

59% under asking

$318,428
Break-even rent

$4,471/mo above the estimate

$8,177/mo
Cashflow at 35% down
−$2,647/mo
Down payment to break even

$653,650 cash

85%
Rate to break even

Negative even at a 0% loan

Not reachable
Mortgage (P+I)
$4,243
Cap Rate
1.54%
Cash-on-Cash
-26.86%
DSCR

Need ≥ 1.25 for DSCR loan

0.66
NOI (Annual)
$11,821
Price-to-Rent

Lower = better for investors

17.3

* Modelled at 20% down, 7.36% 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−$3,443/mo