3462 Don Ortega Drive

3462 Don Ortega Drive

D

Carlsbad, CA 92010

$645,000
NEW — 1d on market

Beds

2

Baths

2

Sqft

1,440

Year Built

1989

Days on Market

1

Property Type

Manufactured

HOA/mo

$485

MLS ID

260004055SD

Description

Location! Location! Close to the Clubhouse and all amenities. 2 bedrooms PLUS large office. An open floor plan. Highlights include large living room. Vaulted ceilings. Kitchen has breakfast area and ample storage. The office has built-in work station. It can also be an additional bedroom. Primary bedroom has large walk-in closet. Primary bathroom has a walk-in shower. There is a spacious covered side deck/porch for relaxing and entertaining family and friends or enjoying the beautiful sunsets. Located in the highly desirable Rancho Carlsbad Country Estates, an exclusive private 55+ community in Coastal North San Diego County. This community offers resort style living without the resort fees. Fabulously landscaped grounds with 2 creeks running through it, offer a mix of green spaces, bridges, and walkways, mature tress, shrubs, bushes, and flowers to enhance the property’s breathtaking architecture. Just steps to the all of the amenities including golf, tennis, pickle ball, bocce, state-of-the-art gym, heated pool, and hot tub. It is located just minutes from world class beaches, fine dining, freeways, and shopping. Come live the great beach lifestyle! Location! Location! Close to the Clubhouse and all amenities. 2 bedrooms PLUS large office. An open floor plan. Highlights include large living room. Vaulted ceilings. Kitchen has breakfast area and ample storage. The office has built-in work station. It can also be an additional bedroom. Primary bedroom has large walk-in closet. Primary bathroom has a walk-in shower. There is a spacious covered side deck/porch for relaxing and entertaining family and friends or enjoying the beautiful sunsets. Located in the highly desirable Rancho Carlsbad Country Estates, an exclusive private 55+ community in Coastal North San Diego County. This community offers resort style living without the resort fees. Fabulously landscaped grounds with 2 creeks running through it, offer a mix of green spaces, bridges, and walkways, mature tress, shrubs, bushes, and flowers to enhance the property’s breathtaking architecture. Just steps to the all of the amenities including golf, tennis, pickle ball, bocce, state-of-the-art gym, heated pool, and hot tub. It is located just minutes from world class beaches, fine dining, freeways, and shopping. Come live the great beach lifestyle!

Mortgage Calculator

Est. Monthly Payment

$4,580

Principal & Interest$3,261
Property Tax$645
Insurance$188
HOA$485
%($129,000)
%

Investment Score

5D
Est. Monthly Rent

HUD Fair Market Rent

$3,540
Monthly Cashflow
$-2,391

Mortgage (P+I)
$3,261
Cap Rate
1.62%
Cash-on-Cash
-22.24%
DSCR

⚠️ Need ≥ 1.25 for DSCR loan

1.09
Break-even Rent
$5,648

NOI (Annual)
$10,444
Price-to-Rent

Lower = better for investors

15.2

* Defaults: 20% down, 6.5% rate, 30yr.

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