3504 Caminito El Rincon 2

3504 Caminito El Rincon 2

C

San Diego, CA 92130

$765,000

Beds

2

Baths

2

Sqft

944

Year Built

1993

Days on Market

Property Type

Condo

HOA/mo

$425

MLS ID

NDP2606807

This property is in San Diego (92130). View neighborhood stats →

About This Property

This beautifully remodeled two-bedroom condo is ideally located on the top level, offering privacy and serene views with abundant natural light. It includes two full bathrooms, faux wood flooring throughout, and a cozy fireplace. The upgraded kitchen features stainless steel appliances, granite countertops, and a tile backsplash. The spacious private balcony includes a large storage closet and plenty of room for outdoor entertaining. Additional conveniences include air conditioning, covered parking, and ample guest parking. Enjoy resort-style living with two community pools, a hot tub, a fitness center, and a tennis court. Ideally located near Del Mar beaches, award-winning schools, shopping, dining, and freeways.

Mortgage Calculator

Est. Monthly Payment

$5,281

Principal & Interest$3,868
Property Tax$765
Insurance$223
HOA$425
%($153,000)
%

Investment Score

27D
Est. Monthly Rent
$3,442
Monthly Cashflow

Rent − PITIA

$-1,839
Full Cashflow

Incl. vacancy, PM, maint, capex

$-3,268

Mortgage (P+I)
$3,868
Cap Rate
0.94%
Cash-on-Cash
-25.63%
DSCR

Need ≥ 1.25 for DSCR loan

0.65
Break-even Rent
$7,687

NOI (Annual)
$7,198
Price-to-Rent

Lower = better for investors

18.5

* 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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