5114 Don Miguel Drive

5114 Don Miguel Drive

D

Carlsbad, CA 92010

$585,000
NEW — 3d on market

Beds

2

Baths

2

Sqft

1,440

Year Built

1980

Days on Market

3

Property Type

Manufactured

HOA/mo

$485

MLS ID

260004739SD

View on MLS

Description

Seller motivated. Lots of potential in this 2 bedroom, 2 bath, home. Open floor plan. Central heat and air. Washer and dryer in the home. The home has a 433(A) Foundation Certification. Large primary bedroom. Primary bathroom has a soaking tub and a walk-in shower. Large covered deck for entertaining family and friends. Located in Rancho Carlsbad Country Estates, a private 55+ active adult community in one of the best coastal cities in all of California - Carlsbad. Seller motivated. Lots of potential in this 2 bedroom, 2 bath, home. Open floor plan. Central heat and air. Washer and dryer in the home. The home has a 433(A) Foundation Certification. Large primary bedroom. Primary bathroom has a soaking tub and a walk-in shower. Large covered deck for entertaining family and friends. Located in Rancho Carlsbad Country Estates, a private 55+ active adult community in one of the best coastal cities in all of California - Carlsbad.

Mortgage Calculator

Est. Monthly Payment

$4,199

Principal & Interest$2,958
Property Tax$585
Insurance$171
HOA$485
%($117,000)
%

Investment Score

6D
Est. Monthly Rent

Market Rent Estimate

$2,811
Monthly Cashflow

Rent − PITI − HOA

$-1,388
Full Cashflow

Incl. vacancy, PM, maint, capex

$-2,522

Mortgage (P+I)
$2,958
Cap Rate
0.89%
Cash-on-Cash
-14.24%
DSCR

⚠️ Need ≥ 1.25 for DSCR loan

0.95
Break-even Rent
$4,199

NOI (Annual)
$5,232
Price-to-Rent

Lower = better for investors

17.3

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

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