3537 Caminito El Rincon San Diego

3537 Caminito El Rincon San Diego

D

Carmel Valley, CA 92130

$799,900

Beds

2

Baths

2

Sqft

944

Year Built

1995

Days on Market

234

Property Type

Condo

HOA/mo

$420

MLS ID

250029287SD

Description

This upgraded 2B/2B is located the heart center of Carmel Valley. From new flooring, countertop, appliances to the small things such as lights and faucets, you can tell the owner is very passionate to level up the unit's interior condition to welcome the next homeowner. There are tennis court, gym, Jacuzzi and pool in this community. Minutes away from beaches, 5&56 freeways. One Paseo shopping center and restaurants nearby.

Mortgage Calculator

Est. Monthly Payment

$5,498

Principal & Interest$4,045
Property Tax$800
Insurance$233
HOA$420
%($159,980)
%

Investment Score

1D
Est. Monthly Rent

Zillow Rent Zestimate

$3,062
Monthly Cashflow
$-3,806

Mortgage (P+I)
$4,045
Cap Rate
0.36%
Cash-on-Cash
-28.55%
DSCR

⚠️ Need ≥ 1.25 for DSCR loan

0.76
Break-even Rent
$6,624

NOI (Annual)
$2,859
Price-to-Rent

Lower = better for investors

21.8

* Defaults: 20% down, 6.5% rate, 30yr.

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