1020 Washington
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1020 Washington #97

B

Escondido, CA 92025

$439,000
NEW — 0d

Beds

2

Baths

2

Sqft

1,178

Year Built

1982

Days on Market

0

Property Type

Condo

HOA/mo

$748

MLS ID

260009753SD

This property is in Escondido (92025). View neighborhood stats →

About This Property

HUGE SELLER INCENTIVE! Why wait for rates to drop? This home qualifies for a 2-1 Interest Rate Buy-down paid for by the seller! Enjoy a mortgage rate 2% lower than current market rates in Year 1, and 1% lower in Year 2. This saves you hundreds every month and gives you immediate affordability today. Call for additional details! Charming Single-Level End Unit in a Gated Community!!! Welcome to this beautifully designed 2-bedroom, 2-bath single-level end unit condo offering privacy, comfort, and style within a secure gated community. Enjoy a spacious living room with a cozy fireplace, an upgraded open-galley kitchen, and a large covered patio overlooking the sparkling pool and open space—complete with a private laundry-storage room and access to an on-site laundry facility. The primary suite is generously sized, while thoughtful details throughout create a warm, inviting atmosphere. This home also includes two assigned parking spaces (one covered) and access to community amenities including a pool, spa, and clubhouse. With NO neighbors above and a peaceful corner location, you’ll appreciate the added privacy and quiet. Ideally situated near shops, restaurants, schools, parks, and freeway access, this turnkey opportunity blends convenience, value, and charm—perfect for first-time buyers or investors alike.

Mortgage Calculator

Est. Monthly Payment

$3,535

Principal & Interest$2,220
Property Tax$439
Insurance$128
HOA$748
%($87,800)
%

Location

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Investment Score

45B
Est. Monthly Rent
$2,757
Monthly Cashflow

Rent − PITIA

$-778
Full Cashflow

Incl. vacancy, PM, maint, capex

$-1,778

Mortgage (P+I)
$2,220
Cap Rate
1.21%
Cash-on-Cash
-24.30%
DSCR

Need ≥ 1.25 for DSCR loan

0.78
Break-even Rent
$5,066

NOI (Annual)
$5,305
Price-to-Rent

Lower = better for investors

13.3

* 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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