4246 Cordobes Cv
Dbottom 20%Carmel Valley, CA 92130
Pass at asking: -$13,252/mo full cashflow at 20% down, 7.43% rate.
Works at $569,564 (75% under asking); even all cash loses money at asking.
Rent $5,681/mo from 9 leases of 2–4 bed houses within 0.5 mi ($5,213–$6,274).
Beds
3
Baths
2.5
Sqft
2,056
Year Built
1987
Days on Market
0
Property Type
Single Family
HOA/mo
N/A
MLS ID
260026586SD
This property is in Carmel Valley (92130). View neighborhood stats →
About This Property
Dramatic vaulted ceilings, abundant natural light, and inviting indoor-outdoor living distinguish this Carmel Valley residence, situated in a sought-after neighborhood without HOA fees. Expansive windows enhance the airy ambiance of the open living and dining rooms, while wide-plank flooring extends throughout the home. The family room features a fireplace and French doors opening to the backyard patio, and the adjoining kitchen is appointed with rich wood cabinetry, white countertops, stainless steel appliances, and a breakfast area overlooking the grounds. All three bedrooms are located upstairs, including a spacious primary suite with a walk-in closet and bath featuring dual vanities, a soaking tub, and separate shower. Beautifully landscaped, the terraced backyard provides distinct areas for relaxation and entertaining, with a generous patio, decorative water feature, and deck with a built-in bench. An elevated putting green and fire pit area with curved seating create additional opportunities to enjoy the outdoors amid mature greenery. A welcoming front courtyard and solar panels add to the property's appeal. With parks, scenic trails, highly regarded schools, the Bay Club, and the shopping and dining of Del Mar Highlands Town Center and One Paseo nearby, the home offers an appealing blend of comfort, recreation, and convenience.
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Est. Monthly Payment
$15,714
Location
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Comparable Properties
5 comps foundThis Property
$5,681
Comp Average
$5,862

4577 Da Vinci
3bd / 3ba · 2,210 sqft · Single Family
$1.70M
Est. $5,602/mo
4258 Corte De Sausalito
3bd / 2.5ba · 1,731 sqft · Single Family
$1.65M
Est. $5,366/mo
5815 Gablewood Way
4bd / 3ba · 2,353 sqft · Single Family
$2.18M
Est. $6,474/mo
12666 Futura St.
4bd / 2.5ba · 1,819 sqft · Single Family
$1.95M
Est. $5,480/mo
5360 Vista Del Dios
4bd / 2.5ba · 2,302 sqft · Single Family
$2.60M
Est. $6,386/mo
Comps based on same zip code, similar beds (±1), price range (60-150%).
Investment Score
9 leases of 2–4 bed houses within 0.5 mi · $5,213–$6,274
Blended 50/50 with the zip's market median ($5,505)
Rent − PITIA
Incl. vacancy, PM, maint, capex
What would make this work?
$13,252/mo short at 20% down; +$17,210/mo rent closes it.
- Break-even price
- $569,564
- Break-even rent
- $22,891/mo
- Cashflow at 35% down
- −$10,861/mo
- Down payment to break even
- Not reachable
- Rate to break even
- Not reachable
75% under asking
$17,210/mo above the estimate
Negative even all-cash
Negative even at a 0% loan
Need ≥ 1.25 for DSCR loan
Lower = better for investors
* Modelled at 20% down, 7.43% rate, 30yr · vacancy 8% · PM 10% · capex 5% · maintenance 1%/yr.
Estimates only. Not financial advice. Verify all figures independently with a licensed professional before making any investment decision.
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