1068 Passiflora Avenue

1068 Passiflora Avenue

D

Encinitas, CA 92024

$2,950,000

Beds

4

Baths

3

Sqft

2,450

Year Built

1975

Days on Market

11

Property Type

Single Family

HOA/mo

N/A

MLS ID

NDP2601555

Description

PRIME lot in Fox Point...first time on market! Oceanview’s to the West and Canyon to the North- Very unique .45 acre lot with lots of potential. This extremely private lot is located at the end of a cul de sac. The house 2450Sq. Ft. with 4 bedrooms upstairs and a 1 den/br down. Full bathroom downstairs with shower. The 3 car garage and large driveway will accommodate plenty of vehicles. No HOA or Mello Roos fees. The generous lot size offers exceptional potential for a custom outdoor sanctuary — envision a resort-style pool, expansive entertaining terraces, or a detached guest casita. The privacy and views from this property make it a true coastal rarity.

Mortgage Calculator

Est. Monthly Payment

$18,727

Principal & Interest$14,917
Property Tax$2,950
Insurance$860
%($590,000)
%

Investment Score

0D
Est. Monthly Rent

Market Rent Estimate

$7,578
Monthly Cashflow

Rent − PITI − HOA

$-11,149
Full Cashflow

Incl. vacancy, PM, maint, capex

$-15,350

Mortgage (P+I)
$14,917
Cap Rate
-0.18%
Cash-on-Cash
-22.68%
DSCR

⚠️ Need ≥ 1.25 for DSCR loan

0.51
Break-even Rent
$18,727

NOI (Annual)
$-5,199
Price-to-Rent

Lower = better for investors

32.4

* Defaults: 20% down, 6.5% rate, 30yr.

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