3511 Cameo Drive
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3511 Cameo Drive #78

A

Oceanside, CA 92056

$629,000

Soft Appraisal Value: $626,900 · 0.3% above estimate

Beds

2

Baths

2

Sqft

1,008

Year Built

1992

Days on Market

48

Property Type

Condo

HOA/mo

$475

MLS ID

NDP2604906

This property is in Oceanside (92056). View neighborhood stats →

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About This Property

TOP FLOOR CORNER UNIT in gated community Palmilla Del Oro! Light, Bright and Airy! Freshly painted throughout....Vaulted ceilings, wood-burning gas starter fireplace in Living room; covered deck off Living/dining area; kitchen with breakfast nook. Primary bedrm has own uncovered deck, dual sink vanity, walk-in closet. One car detached garage AND numbered exclusive use parking space. Laundry in unit. Recently replaced water heater; newer FAU and A/C. RENTAL RESTRICTIONS APPLY- per HOA owner must get on Rental list to get approval to rent unit. There is a CAP on amount of rentals.

Mortgage Calculator

Est. Monthly Payment

$4,468

Principal & Interest$3,181
Property Tax$629
Insurance$183
HOA$475
%($125,800)
%

Location

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Investment Score

46B
Est. Monthly Rent
$3,507
Monthly Cashflow

Rent − PITIA

$-961
Full Cashflow

Incl. vacancy, PM, maint, capex

$-2,291

Mortgage (P+I)
$3,181
Cap Rate
1.70%
Cash-on-Cash
-21.86%
DSCR

Need ≥ 1.25 for DSCR loan

0.78
Break-even Rent
$6,483

NOI (Annual)
$10,671
Price-to-Rent

Lower = better for investors

14.9

* 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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