2992 Brandon Circle

2992 Brandon Circle

D

Carlsbad, CA 92010

$1,125,000
NEW — 0d on market

Beds

4

Baths

2

Sqft

1,724

Year Built

1984

Days on Market

0

Property Type

Townhouse

HOA/mo

$523

MLS ID

NDP2603254

Description

Welcome to 2992 Brandon Circle, a recently and stylishly updated townhouse in the highly desirable community of The Cape offering a rare blend of comfort and convenience. The kitchen and bathrooms have been completely renovated with new cabinetry, quartz countertops, subway tile backsplash, and stainless steel appliances. Additional upgrades include new flooring, energy-efficient Pella windows, and a 15-panel solar system with Tesla Powerwall. Solar system is grandfathered into Legacy 2024 NEM 3.0 pricing with SDG&E with a rate that is locked in through 2033. Situated less than five miles from Carlsbad’s beaches and close to top-rated schools, shopping, restaurants, and convenient access to the 78; the home is also strategically located for attending TGIF Concerts in the Parks at nearby community center. The Cape is a well-maintained, park-like community of 230 townhouses in Calavera Hills with a clubhouse, community pool, and ample greenspace.

Mortgage Calculator

Est. Monthly Payment

$7,665

Principal & Interest$5,689
Property Tax$1,125
Insurance$328
HOA$523
%($225,000)
%

Investment Score

2D
Est. Monthly Rent
$4,584
Monthly Cashflow

Rent − PITIA

$-3,081
Full Cashflow

Incl. vacancy, PM, maint, capex

$-5,072

Mortgage (P+I)
$5,689
Cap Rate
0.66%
Cash-on-Cash
-27.05%
DSCR

⚠️ Need ≥ 1.25 for DSCR loan

0.60
Break-even Rent
$11,172

NOI (Annual)
$7,394
Price-to-Rent

Lower = better for investors

20.5

* 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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