3017 Rancho La Presa

3017 Rancho La Presa

Ctop 80%

Carlsbad, CA 92009

$1,100,000

Pass at asking: -$4,380/mo full cashflow at 20% down, 7.49% rate.

Works at $532,158 (52% under asking), or at 78% down.

Rent $5,485/mo from 11 leases of 3–5 bed houses within 1 mi ($4,421–$5,164).

Beds

4

Baths

3

Sqft

1,685

Year Built

2000

Days on Market

—

Property Type

Single Family

HOA/mo

$119

MLS ID

260026105SD

This property is in Carlsbad (92009). View neighborhood stats →

About This Property

Fantastic 4-bedroom home in Rancho Carrillo with the primary bedroom on the 1st floor & beautiful upgrades throughout! Rarely available, this gem stands out from the moment you step inside! Soaring cathedral ceilings, travertine tiles & an elegant precast concrete fireplace create a welcoming impression. Discover the beautiful Luxury Vinyl floors, quartz countertops in the kitchen & bathrooms, and the beautifully landscaped yard! With a community pool & hiking trails this home is also only 1.4 miles to Bressi Ranch Village & Peets Coffee. Located in a cul de sac and in immaculate condition, this home is a true gem! The 1st-floor primary bedroom opens directly to the private backyard, creating a peaceful retreat. Upstairs, 3 additional rooms offer flexible living space, including one with French doors and no closet, currently enjoyed as a TV room. All four rooms feature ceiling fans with integrated lighting. The beautifully appointed kitchen showcases quartz countertops with striking blue accents, a coordinated tile backsplash, warm wood cabinetry, and new Bosch stainless steel appliances. Outside, an inviting patio surrounded by vibrant landscaping, lush greenery, and palms offers a peaceful setting to dine alfresco and unwind in a private environment. Located on a cul-de-sac in the Palmila community of Rancho Carrillo, this home enjoys access to a year-round heated community pool, spa, hot showers, and clubhouse. Explore approximately 4 miles of trails near historic Leo Carrillo Ranch, a park on the national Register of Historic places. Enjoy convenient access to local schools and Bressi Ranch Village just over a mile away, or head to the beautiful beaches of the Pacific ocean approximately six to seven miles away!

Mortgage Calculator

Est. Monthly Payment

$7,687

Principal & Interest$6,147
Property Tax$1,100
Insurance$321
HOA$119
%($220,000)
%
Loan Term

Location

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Investment Score

29C
Est. Monthly Rent
$5,485

11 leases of 3–5 bed houses within 1 mi · $4,421–$5,164

Blended 50/50 with the zip's market median ($6,263)

Monthly Cashflow

Rent − PITIA

-$2,202
Full Cashflow

Incl. vacancy, PM, maint, capex

-$4,380

What would make this work?

$4,380/mo short at 20% down; 78% down or +$5,689/mo rent closes it.

Break-even price

52% under asking

$532,158
Break-even rent

$5,689/mo above the estimate

$11,174/mo
Cashflow at 35% down
−$3,228/mo
Down payment to break even

$858,000 cash

78%
Rate to break even

Negative even at a 0% loan

Not reachable

Mortgage (P+I)
$6,147
Cap Rate
2.23%
Cash-on-Cash
-23.89%
DSCR

Need ≥ 1.25 for DSCR loan

0.71

NOI (Annual)
$24,492
Price-to-Rent

Lower = better for investors

16.7

* Modelled at 20% down, 7.49% rate, 30yr · vacancy 8% · PM 10% · capex 5% · maintenance 1%/yr.

Estimates only. Not financial advice. Verify all figures independently with a licensed professional before making any investment decision.

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CCashflow−$4,380/mo