2047 Caminito Circulo Norte

2047 Caminito Circulo Norte

D

La Jolla, CA 92037

$1,650,000

Beds

3

Baths

2.5

Sqft

2,056

Year Built

1974

Days on Market

88

Property Type

Townhouse

HOA/mo

$1,295

MLS ID

250045308SD

Description

LA JOLLA - SOLAR + EV + New Roof = "Long term cost savings" Excellent Value in Desirable Mount La Jolla! PLEASE READ SUPPLEMENT REMARKS!!! TURNKEY - Homeowner Upgrades (NOT a FLIP) include: Skylights, Newer Water Heater, Water Softener, Beautiful Oak Flooring, High End Appliances, Hunter Douglas Privacy Window Coverings, Solid Wood Doors. Conveniences: Fireplace, abundant kitchen cabinets for storage & pantry area. Flexible Floorplan Includes two indoor dining areas and two outdoor areas with wrap around patios to entertain family gatherings, BBQ's or morning coffee! A large, efficient, comfortable Home Office designed to be a serene, high-productivity sanctuary that separates work from home life by offering a Lock/Leave Lifestyle! Peek-a-Boo view of Bay & Downtown Lights, Resort Style Amenities, Scenic Walking Paths leading to (4) Pools, (4) Tennis Courts, Putting Green, Fitness room and Sauna. Excellent La Jolla School District. Minutes to the village & beaches. ***IMPORTANT***PLEASE READ***SHARE INFO W/BUYERS!!! *** HOA FEES INCLUDE*** INSURANCE: Fire & Earthquake! WATER: Interior & Exterior! CABLE TV: 2 DVR Boxes - High Speed Internet & Cable Channels SEWER: TRASH: EXTERIOR - Maintenance of Roofs, Painting & Termite Work. COMMON AREA - Maintenance, Landscape & Street's *** All information provided shall be verified & confirmed by the Buyer.

Mortgage Calculator

Est. Monthly Payment

$11,770

Principal & Interest$8,343
Property Tax$1,650
Insurance$481
HOA$1,295
%($330,000)
%

Investment Score

0D
Est. Monthly Rent

Estimated Rent

$4,049
Monthly Cashflow

Rent − PITI − HOA

$-7,720
Full Cashflow

Incl. vacancy, PM, maint, capex

$-10,027

Mortgage (P+I)
$8,343
Cap Rate
-1.22%
Cash-on-Cash
-28.07%
DSCR

⚠️ Need ≥ 1.25 for DSCR loan

0.49
Break-even Rent
$11,769

NOI (Annual)
$-20,199
Price-to-Rent

Lower = better for investors

34.0

* Defaults: 20% down, 6.5% rate, 30yr.

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