2609 Camino

2609 Camino

D

Del Mar, CA 92014

$5,850,000

Soft Appraisal Value: $6,056,200 · 3.4% below estimate

Beds

3

Baths

2

Sqft

1,545

Year Built

1990

Days on Market

52

Property Type

Single Family

HOA/mo

N/A

MLS ID

IG26015701

View on MLS

Description

Remodeled coastal home just steps from the beach and near the Del Mar Race Track. Corner lot with privacy, multiple outdoor entertaining areas, and seamless indoor-outdoor living via two accordion doors. Features spa, built-in grill, high-end appliances, and filtered water throughout. Ideal for entertaining family and/or friends.In addition to the main home, enjoy a detached 818 sq ft guest house offering 2 bedrooms and 2 bathrooms. High ceilings invite beautiful natural light throughout, creating a bright and airy feel. Equipped with a kitchenette, stackable washer and dryer, mini split HVAC, and its own address. This charming and stylish space is as functional as it is delightful.

Mortgage Calculator

Est. Monthly Payment

$37,137

Principal & Interest$29,581
Property Tax$5,850
Insurance$1,706
%($1,170,000)
%

Investment Score

0D
Est. Monthly Rent
$8,143
Monthly Cashflow

Rent − PITIA

$-28,994
Full Cashflow

Incl. vacancy, PM, maint, capex

$-35,742

Mortgage (P+I)
$29,581
Cap Rate
-1.26%
Cash-on-Cash
-36.66%
DSCR

⚠️ Need ≥ 1.25 for DSCR loan

0.22
Break-even Rent
$54,561

NOI (Annual)
$-73,931
Price-to-Rent

Lower = better for investors

59.9

* 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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