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3422 Don Cota Drive

Ctop 80%

Carlsbad, CA 92010Neighborhood: Rancho Carlsbad / Sunny Creek

$669,000

Pass at asking: -$3,719/mo full cashflow at 20% down, 7.43% rate.

Works at $184,769 (72% under asking); even all cash loses money at asking.

Rent $2,473/mo: zip market median for this bed count.

Beds

Baths

Sqft

1,622

Year Built

2004

Days on Market

Property Type

Manufactured

HOA/mo

$485

MLS ID

260023029SD

This property is in Carlsbad (92010). View neighborhood stats →

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About This Property

This 2004 2 bedroom PLUS office (can be a 3rd bedroom) is move-in ready. YOU OWN THE LAND. NO SPACE RENT. Great locatiion close to the Clubhouse and other amenities. Pride of ownership shows the moment you step onto the property. Large kitchen with a breakfast area and a center island. Lots of storage space. Open floor plan. Luxury flooring and carpet. Central heat and air. Large Primary bedroom with a walk-in closet. Large deck for relaxing and entertaining family and friends. Located in Rancho Carlsbad Country Estates, a premiere 55+ active adult community of approximately 100 Acres in one of Southern California's best coastal cities. Amenities galore. Pool heated 365 days a year. State of the art gym, tennis, pickleball, billiard room, a beautiful and well stocked 2 story library, and so much more. Minutes to Carlsbad Village, world class beaches, fine dining, and great shopping.

Mortgage Calculator

Est. Monthly Payment

$5,066

Principal & Interest$3,717

Property Tax$669

Insurance$195

HOA$485

Down Payment

%($133,800)

Interest Rate

Loan Term

Location

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Zoned Schools

Elementary
Hope Elementary · grades K-5 · Carlsbad Unified
Middle
Calavera Hills Middle · grades 6-8 · Carlsbad Unified
High
Sage Creek High · grades 9-12 · Carlsbad Unified
or Carlsbad High · grades 9-12 · Carlsbad Unified
Choice area: the district lets families here pick either school.

The district's assigned schools for this parcel, from its attendance boundaries and rules. Boundaries change: confirm with the district before you buy.

Comparable Properties

5 comps found

This Property

$2,473

Comp Average

$2,473

3490 Don Alberto Drive

2bd / 2ba · 1,536 sqft · Manufactured

$561K

Est. $2,473/mo

3438 Don Alberto Drive

2bd / 2ba · 1,513 sqft · Manufactured

$675K

Est. $2,473/mo

3378 Don Diablo Drive

2bd / 2ba · 1,740 sqft · Manufactured

$682K

Est. $2,473/mo

3449 Don Arturo Drive

2bd / 2ba · 1,564 sqft · Manufactured

$699K

Est. $2,473/mo

3420 Don Alberto Drive

2bd / 2ba · 1,796 sqft · Manufactured

$744K

Est. $2,473/mo

Comps based on same zip code, similar beds (±1), price range (60-150%).

Investment Score

15C

Est. Monthly Rent

$2,473

Zip market median for this bed count

Thin data: no closed leases like this one nearby.

Monthly Cashflow

Rent − PITIA

-$2,593

Full Cashflow

Incl. vacancy, PM, maint, capex

-$3,719

What would make this work?

$3,719/mo short at 20% down; +$4,830/mo rent closes it.

Break-even price: $184,769
Break-even rent: $7,303/mo
Cashflow at 35% down: −$3,022/mo
Down payment to break even: Not reachable
Rate to break even: Not reachable

Mortgage (P+I)

$3,717

Cap Rate

0.22%

Cash-on-Cash

-33.35%

DSCR

Need ≥ 1.25 for DSCR loan

0.49

NOI (Annual)

$1,456

Price-to-Rent

Lower = better for investors

22.5

* Modelled at 20% down, 7.43% 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−$3,719/mo