17461 Plaza Otonal
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17461 Plaza Otonal

C

Rancho Bernardo, CA 92128

$599,000
NEW — 0d

Soft Appraisal Value: $585,700 · 2.3% above estimate

Beds

2

Baths

2

Sqft

1,431

Year Built

1978

Days on Market

0

Property Type

Condo

HOA/mo

$530

MLS ID

260010533SD

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

About This Property

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

$4,333

Principal & Interest$3,029
Property Tax$599
Insurance$175
HOA$530
%($119,800)
%

Location

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Investment Score

32C
Est. Monthly Rent
$2,871
Monthly Cashflow

Rent − PITIA

$-1,462
Full Cashflow

Incl. vacancy, PM, maint, capex

$-2,621

Mortgage (P+I)
$3,029
Cap Rate
0.82%
Cash-on-Cash
-26.26%
DSCR

Need ≥ 1.25 for DSCR loan

0.66
Break-even Rent
$6,275

NOI (Annual)
$4,890
Price-to-Rent

Lower = better for investors

17.4

* 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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