6117 La Flecha
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6117 La Flecha

Dbottom 20%

Rancho Santa Fe, CA 92067

$3,145,000
STR: check · HOA rules unknown · TOT 8%

HOA rules unknown: an HOA can ban stays under 30 days (Civ. Code §4741), and no permit on file shows this one allows them. Get the CC&Rs.

Pass at asking: -$19,885/mo full cashflow at 20% down, 7.43% rate.

Works at $555,922 (82% under asking); even all cash loses money at asking.

Rent $9,441/mo from 4 leases of 2–4 bed condos & townhomes in Rancho Santa Fe ($7,771–$11,208).

Beds

3

Baths

3.5

Sqft

3,062

Year Built

1975

Days on Market

111

Property Type

Condo

HOA/mo

$3,000

MLS ID

260017978SD

This property is in Rancho Santa Fe (92067). Browse neighborhood analytics →

About This Property

A Gem in the heart of the Historic Rancho Santa Fe Village. End unit with direct access to 2 car garage. West facing walled private patio with access to rear laneway. Recently Remodeled throughout with one Bedroom/office on ground floor. Spacious Living & Dining with vaulted ceilings & fireplace. Inviting Kitchen & Family room with center island overlooking sun drenched private patio. Upstairs, Main Bedroom retreat with luxurious bathroom with balcony overlooking the Village. Guest bedroom with balcony overlooking central courtyard. A must see for one that wants a "lock & go" & adjacent to several restaurants & the option of joining the RSF Golf Club only a few hundred yards distance.

Mortgage Calculator

Est. Monthly Payment

$24,534

Principal & Interest$17,472
Property Tax$3,145
Insurance$917
HOA$3,000
%($629,000)
%
Loan Term

Location

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Zoned Schools

  • Elementary

    R. Roger Rowe Elementary · grades PK-5 · Rancho Santa Fe Elementary

  • Middle

    R. Roger Rowe Middle · grades 6-8 · Rancho Santa Fe Elementary

The district's assigned schools for this parcel, from its attendance boundaries and rules. Boundaries change: confirm with the district before you buy.

Investment Score

0D
Est. Monthly Rent
$9,441

4 leases of 2–4 bed condos & townhomes in Rancho Santa Fe · $7,771–$11,208

Monthly Cashflow

Rent − PITIA

-$15,093
Full Cashflow

Incl. vacancy, PM, maint, capex

-$19,885

What would make this work?

$19,885/mo short at 20% down; +$25,825/mo rent closes it.

Break-even price

82% under asking

$555,922
Break-even rent

$25,825/mo above the estimate

$35,266/mo
Cashflow at 35% down
−$16,609/mo
Down payment to break even

Negative even all-cash

Not reachable
Rate to break even

Negative even at a 0% loan

Not reachable

Mortgage (P+I)
$17,472
Cap Rate
-0.74%
Cash-on-Cash
-37.94%
DSCR

Need ≥ 1.25 for DSCR loan

0.38

NOI (Annual)
-$23,295
Price-to-Rent

Lower = better for investors

27.8

* 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.

Open Full Calculator
DCashflow−$19,885/mo