103 Mangano Circle

103 Mangano Circle

D

Encinitas, CA 92024

$874,999

Soft Appraisal Value: $878,200 · 0.4% below estimate

Beds

2

Baths

2

Sqft

900

Year Built

1985

Days on Market

52

Property Type

Condo

HOA/mo

$495

MLS ID

ML82034851

View on MLS

Description

Price Drop! Welcome to coastal living at its finest. This rare upper-level end unit captures ocean breezes and a peek of the Pacific from its private balcony, just moments from Moonlight Beach and downtown Encinitas. Offering 2 bedrooms and 2 bathrooms across 900 square feet, the home features a light-filled, efficient layout with laminate flooring throughout. The well-appointed kitchen includes a gas cooktop, microwave, dishwasher, and dining bar, opening to a relaxed living area perfect for entertaining or unwinding after a day at the beach. Central air, forced air heating, and in-unit laundry add year-round comfort. Includes a 1 car garage! Ideally situated near downtowns restaurants, boutiques, parks, scenic walking trails, and the Coaster station, this home delivers exceptional access to both the ocean and the energy of Encinitas. Surf, dine, shop, and explore all just steps away.

Mortgage Calculator

Est. Monthly Payment

$6,050

Principal & Interest$4,424
Property Tax$875
Insurance$255
HOA$495
%($175,000)
%

Investment Score

1D
Est. Monthly Rent
$3,514
Monthly Cashflow

Rent − PITIA

$-2,535
Full Cashflow

Incl. vacancy, PM, maint, capex

$-4,073

Mortgage (P+I)
$4,424
Cap Rate
0.48%
Cash-on-Cash
-27.93%
DSCR

⚠️ Need ≥ 1.25 for DSCR loan

0.58
Break-even Rent
$8,803

NOI (Annual)
$4,219
Price-to-Rent

Lower = better for investors

20.8

* 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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