18577 Caminito Pasadero
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18577 Caminito Pasadero #415

D

Rancho Bernardo, CA 92128

$399,000
NEW — 1d on market

Soft Appraisal Value: $398,000 · 0.3% above estimate

Beds

1

Baths

1

Sqft

716

Year Built

1993

Days on Market

1

Property Type

Condo

HOA/mo

$574

MLS ID

NDP2603334

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

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About This Property

This move-in ready, ground-level unit in the gated Morada community at Vista Del Lago checks every box for a first-time buyer, VA-approved financing, a renovated interior, resort-style amenities, and a price point that makes ownership genuinely attainable in San Diego. Step inside and the difference is immediate. High ceilings and oversized windows flood the space with natural light, and fresh paint, new flooring, and a new refrigerator mean there is nothing left to do but move in. The open layout flows easily from living to dining, with a spacious bedroom that opens directly onto your own private patio, a walk-in closet, and in-unit laundry. As an end unit, you share fewer walls and enjoy an extra layer of quiet and privacy that most condos at this price simply don't offer. Outside your front door, the lifestyle is anything but entry-level. Vista Del Lago's resort amenities include two pools and spas (one a heated lap pool), tennis and pickleball courts, a fitness center, billiards and recreation rooms, a clubhouse, scenic walking and biking trails, and a duck pond set within beautifully maintained grounds. As a Morada resident, you also have access to a private pool and spa and dedicated EV charging stations, perks typically reserved for far higher price points. The location is just as practical as it is scenic. You're in the award-winning Poway Unified School District, minutes from the I-15, and close to shopping, dining, Lake Hodges trails, and the San Pasqual and Highland Valley wine country. The HOA covers water, hot water, trash, roof, and exterior maintenance, keeping your monthly overhead predictable and your weekends free. This is the rare home where the numbers make sense and the lifestyle exceeds expectations. For a first-time buyer, that combination is hard to find.

Mortgage Calculator

Est. Monthly Payment

$3,107

Principal & Interest$2,018
Property Tax$399
Insurance$116
HOA$574
%($79,800)
%

Location

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Investment Score

3D
Est. Monthly Rent
$2,219
Monthly Cashflow

Rent − PITIA

$-888
Full Cashflow

Incl. vacancy, PM, maint, capex

$-1,730

Mortgage (P+I)
$2,018
Cap Rate
0.86%
Cash-on-Cash
-26.02%
DSCR

⚠️ Need ≥ 1.25 for DSCR loan

0.71
Break-even Rent
$4,466

NOI (Annual)
$3,446
Price-to-Rent

Lower = better for investors

15.0

* 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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