3471 Don Lorenzo Drive
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3471 Don Lorenzo Drive

Ctop 80%

Carlsbad, CA 92010Neighborhood: Rancho Carlsbad / Sunny Creek

$599,000

Pass at asking: -$3,070/mo full cashflow at 20% down, 7.43% rate.

Works at $199,338 (67% under asking), or at 94% down.

Rent $2,618/mo: zip market median for this bed count.

Beds

2

Baths

2

Sqft

1,464

Year Built

1974

Days on Market

94

Property Type

Manufactured

HOA/mo

$485

MLS ID

260019465SD

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

Virtual Tour

About This Property

Beautiful jewelbox. Priced to Sell. Completely updated just a few years back. Custom crown and baseboard molding throughout. Recessed lighting throughout. Kitchen has granite countertops, newer appliances, SS sink, pull out drawers. Ample storage in the home. Walk-in closets. Large spa like primary bathroom. Wood flooring. You must see. Close to the Clubhouse and other amenites. Located in Rancho Carlsbad Country Estates. A premiere 55+ active adult community just minutes from world class beaches, Carlsbad Village, fine dining, and shopping. Beautiful jewelbox. Priced to Sell. Completely updated just a few years back. Custom crown and baseboard molding throughout. Recessed lighting throughout. Kitchen has granite countertops, newer appliances, SS sink, pull out drawers. Ample storage in the home. Walk-in closets. Large spa like primary bathroom. Wood flooring. You must see. Close to the Clubhouse and other amenites. Located in Rancho Carlsbad Country Estates. A premiere 55+ active adult community just minutes from world class beaches, Carlsbad Village, fine dining, and shopping.

Mortgage Calculator

Est. Monthly Payment

$4,586

Principal & Interest$3,328
Property Tax$599
Insurance$175
HOA$485
%($119,800)
%
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.

Investment Score

27C
Est. Monthly Rent
$2,618

Zip market median for this bed count

Thin data: no closed leases like this one nearby.

Monthly Cashflow

Rent − PITIA

-$1,969
Full Cashflow

Incl. vacancy, PM, maint, capex

-$3,070

What would make this work?

$3,070/mo short at 20% down; 94% down or +$3,987/mo rent closes it.

Break-even price

67% under asking

$199,338
Break-even rent

$3,987/mo above the estimate

$6,605/mo
Cashflow at 35% down
−$2,446/mo
Down payment to break even

$563,060 cash

94%
Rate to break even

Negative even at a 0% loan

Not reachable

Mortgage (P+I)
$3,328
Cap Rate
0.78%
Cash-on-Cash
-30.75%
DSCR

Need ≥ 1.25 for DSCR loan

0.57

NOI (Annual)
$4,663
Price-to-Rent

Lower = better for investors

19.1

* 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.

Open Full Calculator
CCashflow−$3,070/mo