13884 Via Rimini
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13884 Via Rimini

Btop 30%

Rancho Peñasquitos, CA 92129

$475,000
NEW — 0d
STR: check · no permits in this complex · TOT 11.75%

2 licensed short-term rentals within ½ mile (0 whole home), from the cities' license and permit lists of Nov 11, 2026.

No unit in this 96-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: -$2,040/mo full cashflow at 20% down, 7.43% rate.

Works at $209,401 (56% under asking), or at 82% down.

Rent $2,673/mo from 12 leases of 2-bed condos & townhomes within 1 mi ($2,534–$2,713).

Beds

2

Baths

1

Sqft

798

Year Built

1971

Days on Market

0

Property Type

Townhouse

HOA/mo

$450

MLS ID

260026801SD

This property is in Rancho Peñasquitos (92129). View neighborhood stats →

About This Property

Corner Location. Designer Upgrades. Prime Location. This One Has It All! Welcome to 13884 Via Rimini, a beautifully upgraded 2-bedroom, 1-bath condo tucked into a desirable corner location in the heart of the highly sought-after Poway Unified School District! With no neighbors directly to the south and an ideal position within the community, this home offers a refreshing sense of openness and privacy that's hard to find in condo living. Step inside and prepare to be impressed! The bright, inviting interior showcases a stylish blend of modern upgrades and everyday comfort, including beautiful quartz countertops, crisp white shaker cabinetry with soft-close features, updated flooring throughout, recessed lighting, contemporary finishes, and ceiling fans. Enjoy the convenience of newer central heating and air conditioning, updated electrical, and an in-unit washer and dryer—all the details that make a house feel like home. And the location? Plenty of street parking right next to your unit for guests. You also have a 1 car garage + driveway parking space for another vehicle right in front of your unit. Just steps from the community pool and minutes from neighborhood parks, shopping, dining, and convenient freeway access, putting everything you need within easy reach. Whether you're a first-time home buyer, looking to downsize, or searching for an amazing investment, this move-in-ready gem delivers the perfect combination of style, comfort, and location. Beautifully updated, perfectly positioned, and ready for its next chapter—don't let this one slip away!

Mortgage Calculator

Est. Monthly Payment

$3,702

Principal & Interest$2,639
Property Tax$475
Insurance$139
HOA$450
%($95,000)
%
Loan Term

Location

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Zoned Schools

  • Elementary

    Los Penasquitos Elementary · grades K-5 · Poway Unified

  • Middle

    Black Mountain 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

48B
Est. Monthly Rent
$2,673

12 leases of 2-bed condos & townhomes within 1 mi · $2,534–$2,713

Blended 50/50 with the zip's market median ($2,719)

Monthly Cashflow

Rent − PITIA

-$1,030
Full Cashflow

Incl. vacancy, PM, maint, capex

-$2,040

What would make this work?

$2,040/mo short at 20% down; 82% down or +$2,650/mo rent closes it.

Break-even price

56% under asking

$209,401
Break-even rent

$2,650/mo above the estimate

$5,323/mo
Cashflow at 35% down
−$1,546/mo
Down payment to break even

$389,500 cash

82%
Rate to break even

Negative even at a 0% loan

Not reachable

Mortgage (P+I)
$2,639
Cap Rate
1.85%
Cash-on-Cash
-25.77%
DSCR

Need ≥ 1.25 for DSCR loan

0.72

NOI (Annual)
$8,784
Price-to-Rent

Lower = better for investors

14.8

* Modelled at 20% down, 7.43% 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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BCashflow−$2,040/mo