16566 Caminito Vecinos

16566 Caminito Vecinos #25

D

Rancho Bernardo, CA 92128

$600,000

Soft Appraisal Value: $585,500 · 2.5% above estimate

Beds

2

Baths

2

Sqft

1,176

Year Built

1971

Days on Market

30

Property Type

Condo

HOA/mo

$537

MLS ID

260005388SD

Description

Single-level, quiet, convenient, and move-in ready—let’s go! Hard flooring throughout and a recently remodeled kitchen featuring new counters, cabinets, and sink. Updated bathrooms and clear pride of ownership throughout. Enjoy the best of single-story living in this desirable 55+ Seven Oaks home, with no neighbors above or below. Offering approximately 1,176 sq. ft., including a fully enclosed 121 sq. ft. patio, the home lives larger than expected. Numerous upgrades add comfort and value, and all appliances are included, making this a truly turnkey opportunity. Additional conveniences include a covered carport with two storage areas, ample street-level guest parking, and nearby unassigned handicap parking with no permits required. Residents enjoy access to the Seven Oaks Community Center, featuring 50+ clubs, a pool and spa, fitness room, library, pickleball, and a vibrant social calendar. Ideally located just minutes from Albertsons, coffee shops, restaurants, Bernardo Winery, the Rancho Bernardo Inn, medical facilities, the library, and more. Quiet. Convenient. Turnkey. This is Seven Oaks living at its best.

Mortgage Calculator

Est. Monthly Payment

$4,346

Principal & Interest$3,034
Property Tax$600
Insurance$175
HOA$537
%($120,000)
%

Investment Score

5D
Est. Monthly Rent
$3,343
Monthly Cashflow

Rent − PITIA

$-1,003
Full Cashflow

Incl. vacancy, PM, maint, capex

$-2,272

Mortgage (P+I)
$3,034
Cap Rate
1.52%
Cash-on-Cash
-22.72%
DSCR

⚠️ Need ≥ 1.25 for DSCR loan

0.77
Break-even Rent
$6,293

NOI (Annual)
$9,145
Price-to-Rent

Lower = better for investors

15.0

* 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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