14922 Derringer Rd.

14922 Derringer Rd.

D

Poway, CA 92064

$1,795,000
NEW — 1d on market

Beds

4

Baths

2.5

Sqft

2,732

Year Built

1983

Days on Market

1

Property Type

Single Family

HOA/mo

N/A

MLS ID

260004393SD

Description

Beautifully upgraded, meticulous home on .6 acres in North Poway. Kitchen and all baths have been elegantly remodeled. Plantation shutters and dual pane vinyl windows throughout, custom entry doors w/ leaded glass, remodeled staircase and fireplace & newer roof plus 4 zone HVAC. Spacious bonus room could be 5th bedroom. Private park-like backyard w/ aluminum patio cover, pavers, walkways, turf and lush foliage. 3 car garage on a Cul-de-sac. Near PUSD elementary, middle and high schools. No HOA or Mello Roos! Pride of ownership is evident throughout this gorgeous home, lovingly upgraded and meticulously maintained by the original owners. The remodeled chef’s kitchen features custom cabinetry, Cambria quartz countertops, high end stainless steel appliances and recessed lighting. The adjacent family room is showcased by an upgraded tile fireplace and views of the beautiful, private backyard on almost 2/3 acre – perfect for entertaining or relaxing. The downstairs flooring is a beautiful luxury vinyl plank. A 40’ x 20’ extruded aluminum patio cover with solid and louvered sections, fans and lights was recently added, creating a seamless fusion between indoor and outdoor living. The luxurious master bath has been remodeled to include an expanded shower with stone tile and inlays, custom cabinetry and granite countertops, and Versailles pattern flooring. The secondary baths have also been beautifully remodeled. There is a versatile bonus room upstairs with custom built-in cabinetry that can be an office, play room or a 5th bedroom. A sunny formal living room and dining area complete this fantastic floorplan.

Mortgage Calculator

Est. Monthly Payment

$11,395

Principal & Interest$9,076
Property Tax$1,795
Insurance$524
%($359,000)
%

Investment Score

1D
Est. Monthly Rent

Estimated Rent

$5,310
Monthly Cashflow
$-8,803

Mortgage (P+I)
$9,076
Cap Rate
0.18%
Cash-on-Cash
-29.42%
DSCR

⚠️ Need ≥ 1.25 for DSCR loan

0.59
Break-even Rent
$13,688

NOI (Annual)
$3,286
Price-to-Rent

Lower = better for investors

28.2

* Defaults: 20% down, 6.5% rate, 30yr.

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