1055 Cottage

1055 Cottage

C

Encinitas, CA 92024

$1,325,000
NEW — 1d

Beds

3

Baths

3

Sqft

1,233

Year Built

2000

Days on Market

1

Property Type

Single Family

HOA/mo

$185

MLS ID

260017629SD

This property is in Encinitas (92024). View neighborhood stats →

About This Property

Cambria Charmer! If you are looking for a solid, functional home in a super Leucadia location, this property delivers exactly what you need without the unnecessary fuss. The layout is well-thought-out and makes great use of the space, while plenty of natural ambient light keeps the entire home feeling bright and open. In the kitchen, you will find reliable stainless steel appliances paired with durable granite countertops, offering a clean and straightforward setup for everyday cooking. The standout feature inside is the oversized primary bedroom, which gives you plenty of breathing room alongside its own private en-suite bathroom and a large walk-in closet. Outside, the low-maintenance yard means you won't have to spend your weekends mowing lawns or doing heavy upkeep. Instead, you can enjoy the fully fenced backyard, which comes ready for weekend cookouts with a built-in BBQ, plus a standard two-car garage to handle all your parking and storage needs.

Mortgage Calculator

Est. Monthly Payment

$8,596

Principal & Interest$6,700
Property Tax$1,325
Insurance$386
HOA$185
%($265,000)
%

Investment Score

5D
Est. Monthly Rent
$4,638
Monthly Cashflow

Rent − PITIA

$-3,958
Full Cashflow

Incl. vacancy, PM, maint, capex

$-6,129

Mortgage (P+I)
$6,700
Cap Rate
0.52%
Cash-on-Cash
-27.75%
DSCR

Need ≥ 1.25 for DSCR loan

0.54
Break-even Rent
$12,598

NOI (Annual)
$6,853
Price-to-Rent

Lower = better for investors

23.8

* 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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