1001 Hale Avenue #13
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1001 Hale Avenue #13

Atop 10%

Escondido, CA 92029

$224,897

Works at asking: +$241/mo full cashflow at 20% down, 7.36% rate.

Still breaks even up to $256,395 (14% above asking).

Rent $2,545/mo: model estimate from bedrooms, size and zip.

Beds

2

Baths

2

Sqft

1,272

Year Built

2003

Days on Market

172

Property Type

Mfd/Mobile Home

HOA/mo

N/A

MLS ID

DW25218297

This property is in Escondido (92029). Browse neighborhood analytics →

About This Property

Welcome to Casa Grande Estates, one of Escondido’s desirable 55+ communities! This well-maintained home offers a spacious floor plan with 2 bedrooms plus a versatile den, perfect for an office, hobby room, or easily converted into a 3rd bedroom.The seller is offering a buyer credit of $15,000 in prepaid leasing payments, providing an excellent opportunity for added value and savings.Inside, high ceilings, skylights, and large windows fill the home with natural light, creating an inviting and airy atmosphere. The kitchen offers plenty of cabinet and counter space, a pantry, center island, updated appliances, and a reverse osmosis system for purified drinking water. A whole-home water softener adds extra comfort and convenience.The primary suite features a private bathroom with an oversized shower and soaking tub. Additional highlights include central A/C, ceiling fans, a full laundry room with washer and dryer, and fresh updates throughout.Outside, enjoy a covered front porch, fenced yard ideal for a small pet, and a storage shed for additional convenience. Covered parking for two vehicles is included, with guest parking nearby.Don’t miss this opportunity to enjoy comfortable living in Casa Grande Estates with a $15,000 buyer credit in prepaid leasing payments!

Mortgage Calculator

Est. Monthly Payment

$1,531

Principal & Interest$1,241
Property Tax$225
Insurance$66
%($44,979)
%
Loan Term

Location

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Zoned Schools

  • Elementary

    Miller Elementary · grades K-5 · Escondido Union

  • Middle

    Del Dios Academy of Arts and Sciences · grades 6-8 · Escondido Union

  • High

    Escondido High · grades 9-12 · Escondido Union High

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

98A
Est. Monthly Rent
$2,545

Model estimate from bedrooms, size and zip

Thin data: no closed leases like this one nearby.

Monthly Cashflow

Rent − PITIA

+$1,013
Full Cashflow

Incl. vacancy, PM, maint, capex

+$241

What would make this work?

Cashflows +$241/mo at 20% down with every reserve funded.

Break-even price

14% above asking

$256,395
Break-even rent

Estimated rent already clears it

$2,233/mo
Cashflow at 35% down
+$473/mo
Down payment to break even

$22,490 cash

10%
Rate to break even

at 20% down

9.26%

Mortgage (P+I)
$1,241
Cap Rate
8.58%
Cash-on-Cash
6.42%
DSCR
1.66

NOI (Annual)
$19,303
Price-to-Rent

Lower = better for investors

7.4

* Modelled at 20% down, 7.36% 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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ACashflow+$241/mo