6412 Terraza Portico

6412 Terraza Portico

D

Carlsbad, CA 92009

$817,000

Soft Appraisal Value: $813,700 · 0.4% above estimate

Beds

2

Baths

2

Sqft

1,338

Year Built

2002

Days on Market

129

Property Type

Condo

HOA/mo

$400

MLS ID

PW25267540

View on MLS

Description

Seller may consider a carryback second TD to help buyer qualify and avoid mortgage insurance or Owner may consider helping buyer with interest rate buydown on this beautiful condo now available in highly sought after Portico at Rancho Carrillo. Beautiful pride of ownership 2 bedroom, 2 bath condominium with high vaulted ceilings for that open air feel. Direct access from the attached two car garage. Amazing stone flooring laid in meticulous versaille style throughout. The hardwood stairs are so beautiful with Spanish tile raisers. The custom wrought iron rails on the staircase were so thoughtfully created and complemented by the custom pot rack hanging above the kitchen sink. The beautiful granite countertops are in the kitchen and throughout the condo. A Wall bookcase cabinet with wine glass holders was built-in to the Den which opens to the concrete deck for relaxing breaks to enjoy the ocean air. The living room boasts a well placed electric fireplace with a cozy flame. On the living area is a Bedroom, Bathroom, Living room, Den, Dining room and kitchen with plenty of cabinet space. Then you can simply ascend a short staircase to the upper floor for privacy to the primary suite. This floor is incredible with its walk in closet, double sink bathroom with tub and shower. Windows allow the daylight in and On one of those clear days you can peek a boo the ocean view. Located nearby is Leo Carrillo Ranch Historic park, Omni La Costa Spa & Resort, Golf Course,,Batiquitos Lagoon, Hyatt Aviara Four Seasons Resort & Golf Club, and Encinitas Ranch Golf Course . The Ocean is only minutes away ! Please come and experience this home for yourself. .

Mortgage Calculator

Est. Monthly Payment

$5,586

Principal & Interest$4,131
Property Tax$817
Insurance$238
HOA$400
%($163,400)
%

Investment Score

2D
Est. Monthly Rent
$3,343
Monthly Cashflow

Rent − PITIA

$-2,243
Full Cashflow

Incl. vacancy, PM, maint, capex

$-3,693

Mortgage (P+I)
$4,131
Cap Rate
0.64%
Cash-on-Cash
-27.12%
DSCR

⚠️ Need ≥ 1.25 for DSCR loan

0.60
Break-even Rent
$8,139

NOI (Annual)
$5,259
Price-to-Rent

Lower = better for investors

20.4

* 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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