2609 Camino
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2609 Camino

D

Del Mar, CA 92014

$5,850,000

Soft Appraisal Value: $5,594,100 · 4.6% above estimate

Beds

3

Baths

2

Sqft

1,545

Year Built

1990

Days on Market

98

Property Type

Single Family

HOA/mo

N/A

MLS ID

IG26015701

This property is in Del Mar (92014). View neighborhood stats →

About This Property

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)
%

Location

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Investment Score

0D
Est. Monthly Rent
$7,841
Monthly Cashflow

Rent − PITIA

$-29,296
Full Cashflow

Incl. vacancy, PM, maint, capex

$-35,974

Mortgage (P+I)
$29,581
Cap Rate
-1.31%
Cash-on-Cash
-36.90%
DSCR

Need ≥ 1.25 for DSCR loan

0.21
Break-even Rent
$54,561

NOI (Annual)
$-76,721
Price-to-Rent

Lower = better for investors

62.2

* 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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