3462 Don Ortega Drive
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3462 Don Ortega Drive

C

Carlsbad, CA 92010

$599,950

Soft Appraisal Value: $585,100 · 2.5% above estimate

Beds

2

Baths

2

Sqft

1,440

Year Built

1989

Days on Market

91

Property Type

Manufactured

HOA/mo

$485

MLS ID

260004055SD

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

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About This Property

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

$4,294

Principal & Interest$3,034
Property Tax$600
Insurance$175
HOA$485
%($119,990)
%

Location

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Investment Score

41C
Est. Monthly Rent
$3,186
Monthly Cashflow

Rent − PITIA

$-1,108
Full Cashflow

Incl. vacancy, PM, maint, capex

$-2,340

Mortgage (P+I)
$3,034
Cap Rate
1.39%
Cash-on-Cash
-23.41%
DSCR

Need ≥ 1.25 for DSCR loan

0.74
Break-even Rent
$6,225

NOI (Annual)
$8,320
Price-to-Rent

Lower = better for investors

15.7

* 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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