17189 Bernardo Dr

17189 Bernardo Dr #103

D

4S Ranch, CA 92127

$535,000

Soft Appraisal Value: $535,100 · 0.0% below estimate

Beds

2

Baths

2

Sqft

944

Year Built

1994

Days on Market

9

Property Type

Condo

HOA/mo

$490

MLS ID

NDP2602712

Description

Welcome to this beautifully upgraded unit in the sought-after, gated Waterbridge Luxury Condominiums in Rancho Bernardo. Surrounded by tranquil ponds, lush greenbelts, and elegant fountains, this community offers a true resort-style lifestyle with top-tier amenities including a clubhouse, fitness center, pools, spa, playground, BBQ areas, and scenic walking paths. This turnkey home features numerous recent upgrades: New wood flooring, interior paint, and a new HVAC system. The kitchen boasts granite countertops and stainless steel appliances, and the unit comes complete with a washer/dryer, refrigerator, and central A/C. Ideally located within the highly acclaimed Poway Unified School District, just two blocks from Westwood Elementary, and minutes from the I-15 freeway, shopping centers, and the Westwood Club. The HOA covers water, trash, and exterior maintenance, making this an ideal opportunity for first-time buyers or investors seeking a low-maintenance property in a thriving community.

Mortgage Calculator

Est. Monthly Payment

$3,886

Principal & Interest$2,705
Property Tax$535
Insurance$156
HOA$490
%($107,000)
%

Investment Score

3D
Est. Monthly Rent
$2,732
Monthly Cashflow

Rent − PITI − HOA

$-1,154
Full Cashflow

Incl. vacancy, PM, maint, capex

$-2,228

Mortgage (P+I)
$2,705
Cap Rate
1.07%
Cash-on-Cash
-24.99%
DSCR

⚠️ Need ≥ 1.25 for DSCR loan

0.70
Break-even Rent
$5,626

NOI (Annual)
$5,722
Price-to-Rent

Lower = better for investors

16.3

* 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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