17854 Camino De La Mitra
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17854 Camino De La Mitra

Ctop 80%

Rancho Santa Fe, CA 92067

$4,390,000
STR: check · HOA rules unknown · TOT 8%

HOA rules unknown: an HOA can ban stays under 30 days (Civ. Code §4741), and no permit on file shows this one allows them. Get the CC&Rs.

Pass at asking: -$24,074/mo full cashflow at 20% down, 7.43% rate.

Works at $1,255,520 (71% under asking), or at 99% down.

Rent $13,549/mo from 8 leases of houses within 2 mi, size-adjusted ($15,408–$19,020). Previously leased for $8,200.

Beds

6

Baths

6.5

Sqft

6,234

Year Built

2002

Days on Market

138

Property Type

Single Family

HOA/mo

$790

MLS ID

260015578SD

This property is in Rancho Santa Fe (92067). Browse neighborhood analytics →

Virtual Tour

About This Property

Great Family Home! Zoned for one of the best public schools in San Diego County (Roger Rowe Elementary and Middle School). Beautiful Backyard- great for raising a family. Luxurious 6200+ sqf home, Mediterranean style on a 1+ acre level lot in the most sought-after guard-gated community of Cielo in Rancho Santa Fe. This estate features 6 en-suite bedrooms, 6.5 baths, 2nd master bedroom, guest suite, office on the first floor. The grand entrance features Italian tile, double staircases enhanced with handmade rod iron and a dramatic 30 feet Ceiling. Attached 4-car garage and an additional detached 2-car garage, ideal for car enthusiasts, studio, or a home gym. Has a gardening area with 3 gardening beds, can grow your own fruit. and a great lap pool. A must see!!

Mortgage Calculator

Est. Monthly Payment

$30,849

Principal & Interest$24,388
Property Tax$4,390
Insurance$1,280
HOA$790
%($878,000)
%
Loan Term

Location

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Zoned Schools

  • Elementary

    R. Roger Rowe Elementary · grades PK-5 · Rancho Santa Fe Elementary

  • Middle

    R. Roger Rowe Middle · grades 6-8 · Rancho Santa Fe Elementary

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

3C
Est. Monthly Rent
$13,549

Previously leased for $8,200

8 leases of houses within 2 mi, size-adjusted · $15,408–$19,020

Monthly Cashflow

Rent − PITIA

-$17,299
Full Cashflow

Incl. vacancy, PM, maint, capex

-$24,074

What would make this work?

$24,074/mo short at 20% down; 99% down or +$31,265/mo rent closes it.

Break-even price

71% under asking

$1,255,520
Break-even rent

$31,265/mo above the estimate

$44,814/mo
Cashflow at 35% down
−$19,501/mo
Down payment to break even

$4,346,100 cash

99%
Rate to break even

Negative even at a 0% loan

Not reachable

Mortgage (P+I)
$24,388
Cap Rate
0.27%
Cash-on-Cash
-32.90%
DSCR

Need ≥ 1.25 for DSCR loan

0.44

NOI (Annual)
$11,902
Price-to-Rent

Lower = better for investors

27.0

* 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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CCashflow−$24,074/mo