18038 Caminito Balata
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18038 Caminito Balata

D

Rancho Bernardo, CA 92128

$1,349,000
NEW — 0d

Soft Appraisal Value: $1,321,800 · 2.1% above estimate

Beds

3

Baths

2

Sqft

1,777

Year Built

1987

Days on Market

0

Property Type

Single Family

HOA/mo

$392

MLS ID

260010500SD

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

About This Property

Fully remodeled and completely turn-key, this stunning Spanish-style home in the gated Chapala community of Oaks North offers stellar golf course views and a thoughtfully designed interior where not a detail was missed. Enjoy beautiful views of the Oaks North Golf Course from the back patio, kitchen bay window, and primary bedroom, creating a peaceful backdrop for everyday living. The comprehensive renovation includes all new everything—modern finishes, updated kitchen, new cabinetry, countertops, appliances, and a cohesive design throughout. The bright, open layout provides excellent flow and comfortable indoor-outdoor living. Step outside to the private back patio overlooking the fairway, perfect for relaxing or entertaining while taking in the views. Located within the highly desirable 55+ Oaks North community, residents enjoy access to the community center, pool, spa, sauna, tennis, pickleball, fitness center, library, and a full calendar of social activities. Move-in ready with premium finishes and exceptional views, this home offers the best of Oaks North living.

Mortgage Calculator

Est. Monthly Payment

$8,956

Principal & Interest$6,821
Property Tax$1,349
Insurance$393
HOA$392
%($269,800)
%

Location

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Investment Score

3D
Est. Monthly Rent
$4,632
Monthly Cashflow

Rent − PITIA

$-4,323
Full Cashflow

Incl. vacancy, PM, maint, capex

$-6,513

Mortgage (P+I)
$6,821
Cap Rate
0.27%
Cash-on-Cash
-28.97%
DSCR

Need ≥ 1.25 for DSCR loan

0.52
Break-even Rent
$13,090

NOI (Annual)
$3,702
Price-to-Rent

Lower = better for investors

24.3

* 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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