16470 Caminito Vecinos
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16470 Caminito Vecinos #Unit 82

C

Rancho Bernardo, CA 92128

$539,800
NEW — 2d

Soft Appraisal Value: $527,400 · 2.4% above estimate

Beds

2

Baths

2

Sqft

1,372

Year Built

1973

Days on Market

2

Property Type

Condo

HOA/mo

$537

MLS ID

260009799SD

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

Virtual Tour

About This Property

A dream come true, single level condominium that feels like single family residence. This beautiful home in Seven Oaks community for 55+ in RB has everything to offer, from one of the safest, but vibrant neighborhood, that has sought after amenities and easy accessibility. This 1372 sq.ft., 2 bedrooms, 2 full bathrooms, with vaulted ceilings, new carpet and baseboards, some freshly repainted walls etc., also comes with refrigerator, washer & dryer, everything you need to settle-in. Huge covered patio to relax and enjoy, which also gives you access to the gorgeous green area. Covered parking is right outside the front door and there is additional private storage room. Within walking distance to shopping and businesses with close proximity to grocery stores, pharmacies, excellent restaurants and coffee shops, banking, post office, healthcare providers & professional services. Community center has spacious Clubhouse, offering a heated swimming pool, spa, fitness room, two Pickleball courts, library, shuffleboard courts, Bocce Court, ceramic club, woodworking club, auditorium and various meeting rooms. Please click 2nd virtual tour link for video tour of the facility. Definitely worthwhile to check it.

Mortgage Calculator

Est. Monthly Payment

$3,964

Principal & Interest$2,730
Property Tax$540
Insurance$157
HOA$537
%($107,960)
%

Location

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Investment Score

41C
Est. Monthly Rent
$2,898
Monthly Cashflow

Rent − PITIA

$-1,065
Full Cashflow

Incl. vacancy, PM, maint, capex

$-2,182

Mortgage (P+I)
$2,730
Cap Rate
1.22%
Cash-on-Cash
-24.25%
DSCR

Need ≥ 1.25 for DSCR loan

0.73
Break-even Rent
$5,731

NOI (Annual)
$6,574
Price-to-Rent

Lower = better for investors

15.5

* 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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