17657 Pomerado Road 252

17657 Pomerado Road 252

Btop 30%

Rancho Bernardo, CA 92128

$499,999

Pass at asking: -$2,259/mo full cashflow at 20% down, 7.43% rate.

Works at $205,874 (59% under asking), or at 86% down.

Rent $2,895/mo from 1 lease in this building.

Beds

2

Baths

2

Sqft

980

Year Built

1979

Days on Market

83

Property Type

Condo

HOA/mo

$648

MLS ID

NDP2607147

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

About This Property

Wake up to panoramic golf course views from this beautifully renovated top floor end unit condo overlooking the lush fairways of the highly sought-after Oaks North Golf Course. Perfectly positioned to capture tranquil greenbelt and mountain vistas, this light-filled residence offers the ideal blend of modern updates, low-maintenance living, and resort-style amenities. Inside, you'll find an open and airy floor plan featuring wide-plank luxury vinyl flooring, fresh designer paint, oversized windows, and abundant natural light throughout. The spacious living and dining areas flow seamlessly to an oversized covered balcony, creating the perfect indoor/outdoor setting for morning coffee, entertaining guests, or simply enjoying the peaceful golf course scenery. The kitchen offers freshly painted cabinetry, updated appliances, ample counter space, and picturesque golf course views from the sink. The remodeled bathrooms showcase contemporary wood vanities, designer lighting, and modern black fixtures. The spacious primary suite features direct balcony access, fairway views, and a beautifully updated en-suite bath. Additional highlights include a detached tandem two car garage with extra storage, generous closet space, and a location just steps from walking paths and the golf course. Elevator access building, so no stairs are needed to reach your home. Residents enjoy access to the renowned Oaks North Community Center featuring a resort-style pool and spa, tennis courts, pickleball, lawn bowling, fitness facilities, clubhouse, and an active calendar of social events. The HOA also includes cable TV, internet, water, sewer and trash. Run don't walk, this unique property will not last.

Mortgage Calculator

Est. Monthly Payment

$4,072

Principal & Interest$2,778
Property Tax$500
Insurance$146
HOA$648
%($100,000)
%
Loan Term

Investment Score

43B
Est. Monthly Rent
$2,895

1 lease in this building

Thin data: only 1 lease behind this number.

Monthly Cashflow

Rent − PITIA

-$1,177
Full Cashflow

Incl. vacancy, PM, maint, capex

-$2,259

What would make this work?

$2,259/mo short at 20% down; 86% down or +$2,934/mo rent closes it.

Break-even price

59% under asking

$205,874
Break-even rent

$2,934/mo above the estimate

$5,829/mo
Cashflow at 35% down
−$1,738/mo
Down payment to break even

$429,999 cash

86%
Rate to break even

Negative even at a 0% loan

Not reachable

Mortgage (P+I)
$2,778
Cap Rate
1.59%
Cash-on-Cash
-27.11%
DSCR

Need ≥ 1.25 for DSCR loan

0.71

NOI (Annual)
$7,959
Price-to-Rent

Lower = better for investors

14.4

* 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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BCashflow−$2,259/mo