18638 Caminito Cantilena
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18638 Caminito Cantilena #272

C

Rancho Bernardo, CA 92128

$629,000

Soft Appraisal Value: $671,700 · 6.4% below estimate

Beds

3

Baths

2

Sqft

1,225

Year Built

1993

Days on Market

93

Property Type

Condo

HOA/mo

$673

MLS ID

260001419SD

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

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About This Property

*** Huge price reduction *** Motivated Sellers **** Bring an offer. Welcome to this well-maintained 3 bedroom, 2 bathroom home offering 1,225 sq ft of comfortable living in a secured gated community.This ground level unit enjoys excellent natural sunlight and cross-ventilation throughout the year, creating a bright and airy living environment. Key Home Highlights * 3 bedrooms | 2 bathrooms | 1,225 sq ft with 1 car garage. * Recently replaced with new appliances (Fridge,Washer, Dryer & Dishwasher) * New HVAC system (7 Years of Manf Warranty left) * Very low Insurance cost * Newly done custom closets * Spa-style soaking tub in primary bathroom * East-facing unit with abundant natural light & ventilation * Resort-Style Community Amenities * Pools with swim lanes & jacuzzi * Tennis, ping pong, pickleball & basketball courts * Fully equipped gym * Children’s park & dog park * Scenic pond with fountain (fish, turtles & ducks) * Two community pools / party halls * 24 hour guarded entrance Gated community with in Person Security - HOA Fee includes Water, Trash, Insurance, Common Area Maintenance, Roof Maintenance, Pest Control, Exterior Maintenance and Landscaping. This home is located in award winning Poway Unified School District with easy freeway access and just minutes from shopping, restaurants, wineries, hiking/biking trails and golf courses. This home combines luxury, comfort and convenience. Detached one car garage with storage space and plenty of nearby guest parking spaces available. Morada is a gated neighborhood with its own private pool (just few steps away) and comes with electric car chargers

Mortgage Calculator

Est. Monthly Payment

$4,666

Principal & Interest$3,181
Property Tax$629
Insurance$183
HOA$673
%($125,800)
%

Location

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Investment Score

38C
Est. Monthly Rent
$3,460
Monthly Cashflow

Rent − PITIA

$-1,206
Full Cashflow

Incl. vacancy, PM, maint, capex

$-2,526

Mortgage (P+I)
$3,181
Cap Rate
1.25%
Cash-on-Cash
-24.09%
DSCR

Need ≥ 1.25 for DSCR loan

0.74
Break-even Rent
$6,740

NOI (Annual)
$7,860
Price-to-Rent

Lower = better for investors

15.1

* 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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