17461 Plaza Otonal

17461 Plaza Otonal

D

Rancho Bernardo, CA 92128

$619,500

Soft Appraisal Value: $605,200 · 2.4% above estimate

Beds

2

Baths

2

Sqft

1,431

Year Built

1978

Days on Market

13

Property Type

Condo

HOA/mo

$530

MLS ID

260006758SD

View on MLS

Description

Wonderful single level unit located in the highly desirable Oaks North, active 55+, community. Nicely updated. Fresh paint, popcorn ceilings removed. Kitchen upgraded with high quality KraftMaid cabinets and ample counter and cabinet space, double paned windows, newer furnace. Quality, updated bathrooms! Additional storage improvements with organizers in closets. Indoor, full size laundry. AC. Pleasant front and back patios great for relaxing and enjoy the peaceful outside environment! Large private single car garage with extra room for storage. 3rd, optional bedroom, currently being used as a den/office, with built-in shelving. HOA fees include water and basic cable. Access to Oaks North community center with so many perks and activities there's always something to do if desired. Photos are from when property was previously staged and/or virtually staged. Stop by and see for yourself!!! Sellers would love to entertain your offer!!

Mortgage Calculator

Est. Monthly Payment

$4,463

Principal & Interest$3,133
Property Tax$620
Insurance$181
HOA$530
%($123,900)
%

Investment Score

2D
Est. Monthly Rent
$2,857
Monthly Cashflow

Rent − PITIA

$-1,606
Full Cashflow

Incl. vacancy, PM, maint, capex

$-2,779

Mortgage (P+I)
$3,133
Cap Rate
0.68%
Cash-on-Cash
-26.92%
DSCR

⚠️ Need ≥ 1.25 for DSCR loan

0.64
Break-even Rent
$6,467

NOI (Annual)
$4,238
Price-to-Rent

Lower = better for investors

18.1

* 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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