5228 Don Valdez Drive

5228 Don Valdez Drive

D

Carlsbad, CA 92010

$589,000

Beds

3

Baths

2

Sqft

1,344

Year Built

1986

Days on Market

42

Property Type

Manufactured

HOA/mo

$485

MLS ID

260001528SD

Description

Bright 3 bedroom PLUS a studio. You own the Land. This home has an open floor plan and vaulted ceilings. Central heat and air. Living room has a fireplace. A separate dining room. Primary bedroom is at opposite end of the home for privacy for you and your visiting guests. An enclosed sunroom that is the perfect artist's studio, craft room, or home office. Large front porch for relaxing during the day and enjoying the sunsets with family and friends. Large rear yard for relaxing on a sunny day or entertaining. Located in Rancho Carlsbad Country Estates, an exclusive private 55+ active adult resort style community without the resort fees. Just minutes from world class beaches, Carlsbad Village, fine dining, and shopping. Bright 3 bedroom PLUS a studio. You own the Land. This home has an open floor plan and vaulted ceilings. Central heat and air. Living room has a fireplace. A separate dining room. Primary bedroom is at opposite end of the home for privacy for you and your visiting guests. An enclosed sunroom that is the perfect artist's studio, craft room, or home office. Large front porch for relaxing during the day and enjoying the sunsets with family and friends. Large rear yard for relaxing on a sunny day or entertaining. Located in Rancho Carlsbad Country Estates, an exclusive private 55+ active adult resort style community without the resort fees. Just minutes from world class beaches, Carlsbad Village, fine dining, and shopping.

Mortgage Calculator

Est. Monthly Payment

$4,224

Principal & Interest$2,978
Property Tax$589
Insurance$172
HOA$485
%($117,800)
%

Investment Score

27D
Est. Monthly Rent

Market Rent Estimate

$3,720
Monthly Cashflow

Rent − PITI − HOA

$-504
Full Cashflow

Incl. vacancy, PM, maint, capex

$-1,851

Mortgage (P+I)
$2,978
Cap Rate
2.30%
Cash-on-Cash
-5.14%
DSCR

⚠️ Need ≥ 1.25 for DSCR loan

1.25
Break-even Rent
$4,224

NOI (Annual)
$13,531
Price-to-Rent

Lower = better for investors

13.2

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

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