17607 Pomerado Road #101
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17607 Pomerado Road #101

Atop 10%

Rancho Bernardo, CA 92128Neighborhood: Rancho Bernardo

$515,000
STR: check · no permits in this complex · TOT 11.75%

4 licensed short-term rentals within ½ mile (2 whole home), from the cities' license and permit lists of Nov 10, 2026.

No unit in this 85-unit complex holds a short-term rental license, so nothing shows its HOA allows them. Get the CC&Rs before counting on short-term income.

Pass at asking: -$2,070/mo full cashflow at 20% down, 7.43% rate.

Works at $245,409 (52% under asking), or at 78% down.

Rent $3,351/mo from 8 leases of 2-bed condos & townhomes within 0.5 mi, same school area ($3,080–$3,913).

Beds

2

Baths

2

Sqft

1,118

Year Built

1979

Days on Market

45

Property Type

Condo

HOA/mo

$695

MLS ID

NDP2608969

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

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About This Property

Welcome home to easy, updated living in Oaks North, one of Rancho Bernardo's most sought-after 55+ communities. This 2-bedroom, 2-full-bath condo has been thoughtfully refreshed with several upgrades over the past couple of years, so you can move right in and start enjoying everything the neighborhood has to offer. Inside, new flooring and fresh paint throughout create a clean, cohesive look, while the removal of the popcorn ceilings gives every room a brighter, more modern feel. New windows and a new sliding glass door bring in natural light and improve comfort year-round, and custom window shades add privacy and a polished finishing touch. Behind the scenes, a new electrical panel offers added peace of mind. The layout pairs two comfortable bedrooms with two full bathrooms, giving you flexibility for guests, a home office, or hobby space. All of this sits within an active, welcoming community known for its friendly atmosphere and convenient location near shopping, dining, and everyday essentials. Updated, move-in ready, and priced for a relaxed lifestyle, this is a wonderful opportunity to settle into Oaks North. Schedule your private showing today.

Mortgage Calculator

Est. Monthly Payment

$4,221

Principal & Interest$2,861
Property Tax$515
Insurance$150
HOA$695
%($103,000)
%
Loan Term

Location

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Zoned Schools

  • Elementary

    Chaparral Elementary · grades K-5 · Poway Unified

  • Middle

    Bernardo Heights Middle · grades 6-8 · Poway Unified

  • High

    Rancho Bernardo High · grades 9-12 · Poway Unified

The district's assigned schools for this parcel, from its attendance boundaries and rules. Boundaries change: confirm with the district before you buy.

Investment Score

52A
Est. Monthly Rent
$3,351

8 leases of 2-bed condos & townhomes within 0.5 mi, same school area · $3,080–$3,913

Blended 50/50 with a property-level estimate

Monthly Cashflow

Rent − PITIA

-$870
Full Cashflow

Incl. vacancy, PM, maint, capex

-$2,070

What would make this work?

$2,070/mo short at 20% down; 78% down or +$2,688/mo rent closes it.

Break-even price

52% under asking

$245,409
Break-even rent

$2,688/mo above the estimate

$6,039/mo
Cashflow at 35% down
−$1,533/mo
Down payment to break even

$401,700 cash

78%
Rate to break even

Negative even at a 0% loan

Not reachable

Mortgage (P+I)
$2,861
Cap Rate
2.23%
Cash-on-Cash
-24.12%
DSCR

Need ≥ 1.25 for DSCR loan

0.79

NOI (Annual)
$11,504
Price-to-Rent

Lower = better for investors

12.8

* Modelled at 20% down, 7.43% rate, 30yr · vacancy 8% · PM 10% · capex 5% · maintenance 1%/yr.

Estimates only. Not financial advice. Verify all figures independently with a licensed professional before making any investment decision.

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ACashflow−$2,070/mo