16646 Orilla Dr
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16646 Orilla Dr

C

Rancho Bernardo, CA 92128

$639,995
NEW — 2d

Beds

2

Baths

2

Sqft

1,120

Year Built

1965

Days on Market

2

Property Type

Condo

HOA/mo

$675

MLS ID

260015483SD

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

About This Property

Welcome to 16646 Orilla Drive, located in the highly desirable Seven Oaks 55+ community of Rancho Bernardo. Offering beautiful modern upgrades and a bright, inviting atmosphere, this home combines comfort, style, and easy living in one of North County's most popular active adult communities. Featuring 2 bedrooms, 2 bathrooms, and 1,120 square feet of thoughtfully designed living space, this home offers a bright, contemporary feel throughout. Modern finishes include luxury vinyl plank flooring in the living and dining areas, newer carpet, dual-pane windows, smooth ceilings, and improved throughout the home. The kitchen has been tastefully enhanced with newer appliances, updated countertops, and cabinetry, creating a clean and inviting space for everyday living. Both bathrooms have been stylishly refreshed, while ceiling fans in both bedrooms and the dining area provide year-round comfort. The spacious and functional floor plan flows seamlessly to a private patio surrounded by mature landscaping, offering the perfect setting for relaxing or entertaining. Additional features include a large storage room conveniently located off the covered carport. Residents of Seven Oaks enjoy an exceptional lifestyle with access to a vibrant community center featuring a swimming pool, fitness center, pickleball courts, library, social clubs, and a wide variety of activities designed to keep you active and connected. With its beautiful modern finishes, comfortable layout, and outstanding community amenities, this is a great opportunity to enjoy the very best of RB's sought-after 55+Lifestyle

Mortgage Calculator

Est. Monthly Payment

$4,738

Principal & Interest$3,236
Property Tax$640
Insurance$187
HOA$675
%($127,999)
%

Location

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Investment Score

23D
Est. Monthly Rent
$2,879
Monthly Cashflow

Rent − PITIA

$-1,859
Full Cashflow

Incl. vacancy, PM, maint, capex

$-3,055

Mortgage (P+I)
$3,236
Cap Rate
0.34%
Cash-on-Cash
-28.64%
DSCR

Need ≥ 1.25 for DSCR loan

0.61
Break-even Rent
$6,846

NOI (Annual)
$2,178
Price-to-Rent

Lower = better for investors

18.5

* 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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