3537 El Rincon #259

Carmel Valley, CA 92130

$804,900

NEW — 4d on market

Beds

Baths

Sqft

944

Year Built

1995

Days on Market

Property Type

Condo

HOA/mo

$420

MLS ID

260007571SD

View on MLS

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

$5,530

Principal & Interest$4,070

Property Tax$805

Insurance$235

HOA$420

Down Payment

%($160,980)

Interest Rate

Loan Term

Comparable Properties

5 comps found

This Property

$3,208

Comp Average

$2,803

12695 Camino Mira Del Mar

2bd / 2ba · 864 sqft · Condo

$685K

Est. $3,208/mo

3835 Elijah Ct

1bd / 1ba · 704 sqft · Condo

$585K

Est. $2,684/mo

4049 Carmel View Rd

1bd / 1ba · 742 sqft · Condo

$600K

Est. $2,646/mo

12253 Carmel Vista Road

1bd / 1ba · 951 sqft · Condo

$690K

Est. $2,808/mo

12237 Carmel Vista Road

1bd / 1ba · 791 sqft · Condo

$645K

Est. $2,668/mo

Comps based on same zip code, similar beds (±1), price range (60-150%).

Investment Score

Est. Monthly Rent

$3,208

Monthly Cashflow

Rent − PITIA

$-2,322

Full Cashflow

Incl. vacancy, PM, maint, capex

$-3,731

Mortgage (P+I)

$4,070

Cap Rate

0.51%

Cash-on-Cash

-27.81%

DSCR

⚠️ Need ≥ 1.25 for DSCR loan

0.58

Break-even Rent

$8,053

NOI (Annual)

$4,074

Price-to-Rent

Lower = better for investors

20.9

* 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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