3462 Don Ortega Drive

3462 Don Ortega Drive

D

Carlsbad, CA 92010

$629,000

Soft Appraisal Value: $624,600 · 0.7% above estimate

Beds

2

Baths

2

Sqft

1,440

Year Built

1989

Days on Market

46

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

$4,478

Principal & Interest$3,181
Property Tax$629
Insurance$183
HOA$485
%($125,800)
%

Investment Score

3D
Est. Monthly Rent
$3,019
Monthly Cashflow

Rent − PITIA

$-1,459
Full Cashflow

Incl. vacancy, PM, maint, capex

$-2,677

Mortgage (P+I)
$3,181
Cap Rate
0.96%
Cash-on-Cash
-25.54%
DSCR

⚠️ Need ≥ 1.25 for DSCR loan

0.67
Break-even Rent
$6,496

NOI (Annual)
$6,042
Price-to-Rent

Lower = better for investors

17.4

* 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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