13240 Olive Tree Lane
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13240 Olive Tree Lane

D

Poway, CA 92064

$949,900
NEW — 0d

Beds

3

Baths

2

Sqft

1,402

Year Built

1984

Days on Market

0

Property Type

Single Family

HOA/mo

N/A

MLS ID

IV26092544

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

About This Property

..Hot Deal++RV/Boat parking through Gate on the side++++Elegantly remodeled++++This is a Newer and Spacious 3 bedroom and 2 full Bath (both tubs) house with an additional iving space with ENCLOSED PATIO ROOM for Office/Exercise room/Pets/etc, and will be approximately 1600 SF with this extra area++New paint inside and trim outside++Large Kitchen area boasts of New Quartz counter, New Appliances, New Faucet, and New Sink++Both Bathrooms look bright and open with new Quartz counter, new light fixtures, new mirrors, and new faucets.+++++New Luxury Vinyl Plank throughout including the Enclosed patio area+++New Baseboard, New outlets and switches, New Fixtures, and elegant Lights+++New Double pane windows throughout inside+++Central AC and HVAC++++++Super quiet and convenient location, minutes to shopping, schools, and freeway access+++Highly rated, award winning Poway Unified School district+++++NO HOA AND LOW TAX AREA+

Mortgage Calculator

Est. Monthly Payment

$6,030

Principal & Interest$4,803
Property Tax$950
Insurance$277
%($189,980)
%

Location

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Investment Score

24D
Est. Monthly Rent
$3,838
Monthly Cashflow

Rent − PITIA

$-2,192
Full Cashflow

Incl. vacancy, PM, maint, capex

$-3,866

Mortgage (P+I)
$4,803
Cap Rate
1.18%
Cash-on-Cash
-24.42%
DSCR

Need ≥ 1.25 for DSCR loan

0.64
Break-even Rent
$8,859

NOI (Annual)
$11,241
Price-to-Rent

Lower = better for investors

20.6

* 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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