15677 Concord Ridge Terrace San Diego

15677 Concord Ridge Terrace San Diego

D

4S Ranch, CA 92127

$1,537,500

Beds

4

Baths

2.5

Sqft

1,961

Year Built

2010

Days on Market

80

Property Type

Single Family

HOA/mo

$213

MLS ID

NDP2511426

Description

PRICE IMPROVEMENT!! Rarely available & highly desirable Bridgewalk Plan 3 home with 4 BEDROOMS on a premium view lot with breath taking views of the hills & valleys of Black Mountain. No detail has been missed including the location which is the perfect combination of private yet perfectly placed with winding walkway right outside your front door which leads you down to Paseo del Sur allowing you easy access to the hiking trails, the Community Park & Del Sur Elementary. The inside of the home is light & bright with all white cabinetry throughout, freshly painted interior including the garage, Quartz counters with oversized island in the Kitchen & both upstairs Bathrooms also have Quartz counters, custom window treatments, wood flooring throughout the downstairs, BRAND NEW carpet upstairs, all stainless appliances including a top of the line LG double oven gas range, oversized garage with room for 2 cars AND storage, plus additional overhead storage & 220 outlet for car charging. The front patio has been designed with every detail in mind including lowering the front patio wall for sit down views, custom wrought iron gate, beautiful white rose bushes & there is even a planter on the side of the house which has beautiful Hydrangeas, Gardenias & Sweet Peas. The home is energy efficient with a whole house fan, LED recessed cans throughout & tankless water heater. There are too many upgrades to list. Please see attachment for the full list of ALL upgrades. Located in the coveted Del Sur Community, which is not just a regular community it’s a lifestyle! Pools, parks, hiking trails & community events. Close to everything including schools, shopping & just minutes to the freeways. This home is a must see!!!

Mortgage Calculator

Est. Monthly Payment

$9,973

Principal & Interest$7,774
Property Tax$1,538
Insurance$448
HOA$213
%($307,500)
%

Investment Score

1D
Est. Monthly Rent

Estimated Rent

$4,971
Monthly Cashflow

Rent − PITI − HOA

$-5,002
Full Cashflow

Incl. vacancy, PM, maint, capex

$-7,427

Mortgage (P+I)
$7,774
Cap Rate
0.27%
Cash-on-Cash
-19.52%
DSCR

⚠️ Need ≥ 1.25 for DSCR loan

0.64
Break-even Rent
$9,973

NOI (Annual)
$4,175
Price-to-Rent

Lower = better for investors

25.8

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

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