101 S Spruce Street 103
Atop 10%Escondido, CA 92025
Pass at asking: -$851/mo full cashflow at 20% down, 7.49% rate.
Works at $184,594 (37% under asking), or at 62% down.
Rent $2,574/mo from 10 leases of 1–3 bed condos & townhomes within 1 mi ($2,181–$2,603).
Beds
2
Baths
2
Sqft
872
Year Built
1990
Days on Market
1
Property Type
Condo
HOA/mo
$558
MLS ID
PTP2608121
This property is in Escondido (92025). View neighborhood stats →
About This Property
Beautifully maintained and exceptionally clean, this inviting 2 bdrm, 2 ba condo is located within a gated community conveniently close to shopping and everyday essentials. Beautiful paint throughout and gorgeous laminate flooring create a warm, welcoming interior. Spacious bedrooms feature ceiling fans and a charming window seating with storage, while an additional ceiling fan adds comfort to the living room. A small front patio offers a pleasant spot to relax. Enjoy community amenities including a pool, spa, community room, a fenced dog area, and a beautiful outdoor gathering area featuring two BBQ grills and ample picnic tables beneath a spacious pergola draped in trailing vines for generous shade. This dog-friendly community offers comfortable living with inviting spaces to unwind and enjoy.
Mortgage Calculator
Est. Monthly Payment
$2,588
Location
Loading map...
Comparable Properties
3 comps foundThis Property
$2,574
Comp Average
$2,593
450 W Vermont
1bd / 1ba · 797 sqft · Condo
$289K
Est. $2,500/mo
818 Washington Avenue
2bd / 2ba · 1,064 sqft · Condo
$399K
Est. $2,590/mo
440 Citracado Parkway
2bd / 2ba · 1,004 sqft · Condo
$450K
Est. $2,688/mo
Comps based on same zip code, similar beds (±1), price range (60-150%).
Investment Score
10 leases of 1–3 bed condos & townhomes within 1 mi · $2,181–$2,603
Blended 50/50 with the zip's market median ($2,650)
Rent − PITIA
Incl. vacancy, PM, maint, capex
What would make this work?
$851/mo short at 20% down; 62% down or +$1,106/mo rent closes it.
- Break-even price
- $184,594
- Break-even rent
- $3,680/mo
- Cashflow at 35% down
- −$542/mo
- Down payment to break even
- 62%
- Rate to break even
- 1.35%
37% under asking
$1,106/mo above the estimate
$182,900 cash
at 20% down
Need ≥ 1.25 for DSCR loan
Lower = better for investors
* Modelled at 20% down, 7.49% 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