1037 E. Washington Avenue

1037 E. Washington Avenue

D

Escondido, CA 92025

$444,000
NEW — 1d on market

Beds

3

Baths

2

Sqft

1,074

Year Built

1984

Days on Market

1

Property Type

Condo

HOA/mo

$588

MLS ID

NDP2602946

Description

Three Bedroom/ Two Bath condominium located in Central Escondido just minutes to shopping, restaurants, home depot and more. Primary bedroom with mirror closet doors and ensuite bath. Laundry closet in the hallway. Washer, Dryer, Refrigerator included. Open living, kitchen and dining area. Covered balcony. Central heat and air. New microwave and five dual pane windows on the way. Upstairs unit located close to the community pool. One covered and one uncovered space included. HOA fee includes water/sewer/trash, common area maintenance and community pool.

Mortgage Calculator

Est. Monthly Payment

$3,407

Principal & Interest$2,245
Property Tax$444
Insurance$129
HOA$588
%($88,800)
%

Investment Score

9D
Est. Monthly Rent
$3,231
Monthly Cashflow

Rent − PITI − HOA

$-175
Full Cashflow

Incl. vacancy, PM, maint, capex

$-1,288

Mortgage (P+I)
$2,245
Cap Rate
2.59%
Cash-on-Cash
-17.41%
DSCR

⚠️ Need ≥ 1.25 for DSCR loan

0.95
Break-even Rent
$4,904

NOI (Annual)
$11,482
Price-to-Rent

Lower = better for investors

11.5

* 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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