3575 Caminito El Rincon
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3575 Caminito El Rincon #219

D

Carmel Valley, CA 92130

$798,000
NEW — 1d

Beds

2

Baths

2

Sqft

944

Year Built

1996

Days on Market

1

Property Type

Condo

HOA/mo

$450

MLS ID

NDP2605078

This property is in Carmel Valley (92130). View neighborhood stats →

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About This Property

Top of the complex! This ideally situated lower-level 2-bedroom, 2-bath residence faces south/southwest, capturing abundant natural light throughout the day. Thoughtfully updated with a custom kitchen and beautifully remodeled primary bath, this home is perfect as a starter home, investment property, or sunny San Diego getaway. This is ONE of the few units that DOES NOT face the parking lot. Southwest and greenbelt facing. Great location. The community offers resort-style amenities including lighted tennis courts, pool, spa, sauna and small fitness center. Scenic walking trails throughout the neighborhood provide easy access to everything Carmel Valley has to offer, including premier shopping, dining, parks, and recreation. Ideally located just minutes from the beaches of Del Mar, Charming Del Mar Village, and La Jolla. Enjoy access to top-rated schools and outstanding local sports complexes, making this an exceptional place to call home.

Mortgage Calculator

Est. Monthly Payment

$5,516

Principal & Interest$4,035
Property Tax$798
Insurance$233
HOA$450
%($159,600)
%

Location

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Investment Score

14D
Est. Monthly Rent
$3,034
Monthly Cashflow

Rent − PITIA

$-2,482
Full Cashflow

Incl. vacancy, PM, maint, capex

$-3,845

Mortgage (P+I)
$4,035
Cap Rate
0.29%
Cash-on-Cash
-28.91%
DSCR

Need ≥ 1.25 for DSCR loan

0.55
Break-even Rent
$8,027

NOI (Annual)
$2,282
Price-to-Rent

Lower = better for investors

21.9

* 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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