1140 Daisy

1140 Daisy

Atop 10%

Escondido, CA 92027

$790,000
NEW — 0d

Pass at asking: -$2,399/mo full cashflow at 20% down, 7.49% rate.

Works at $478,936 (39% under asking), or at 64% down.

Rent $4,798/mo from 8 leases of 3–5 bed houses within 1 mi ($4,506–$5,006).

Beds

4

Baths

2

Sqft

1,945

Year Built

1968

Days on Market

0

Property Type

Single Family

HOA/mo

N/A

MLS ID

260026193SD

This property is in Escondido (92027). View neighborhood stats →

About This Property

Opportunity knocks! Spacious 4-bedroom, 2-bath home with soaring ceilings in the living room and family room, offering endless potential for the right buyer. The open-concept kitchen features a dining nook and ample space for gathering. Long driveway provides room for RV parking, multiple vehicles, and recreational toys. The backyard is designed for entertaining, featuring a pool, built-in BBQ area, and a cozy fireplace. Pool may require updating and restoration to reach its full potential. This property is ideal for buyers looking to customize and add value. Property is being sold strictly AS IS. Seller will make no repairs, credits, warranties, or concessions. Buyers and buyer's agents are strongly encouraged to conduct their own independent investigations and due diligence regarding all aspects of the property, including but not limited to condition, square footage, permits, zoning, lot size, pool condition, neighborhood, and suitability for buyer's intended use. Information provided is deemed reliable but not guaranteed. Seller and listing broker make no representations or warranties, expressed or implied, regarding the accuracy or completeness of property information. Buyer to verify all information prior to close of escrow. Bring your qualified buyers and let them seize the opportunity to transform this property into their own gem.

Mortgage Calculator

Est. Monthly Payment

$5,435

Principal & Interest$4,415
Property Tax$790
Insurance$230
%($158,000)
%
Loan Term

Location

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Zoned Schools

  • Elementary

    Conway Elementary · grades K-6 · Escondido Union

  • Middle

    Rincon Middle · grades 6-8 · Escondido Union

  • High

    Orange Glen High · grades 9-12 · Escondido Union High

The district's assigned schools for this parcel, from its attendance boundaries and rules. Boundaries change: confirm with the district before you buy.

Renovation math

Flagged Light Value-Add from the listing remarks — “as is”, “endless potential”.

Asking now
$790K

$406/sqft

Worth finished
$961K

$494/sqft × 1,945 sqft

Budget to renovate
$171,357

$88/sqft to spend

Comparable finished homes nearby suggest this is worth $961K once it's brought to par — about $171,357 above the asking price. That spread is your renovation budget before the deal stops working.

Rent once renovated

Rent at par
$4,332/mo

$2.23/sqft × 1,945 sqft, median of 5 comps

Cashflow at that rent
−$2,757/mo

cap rate 2.85%, DSCR 0.80

Heads up: the rent estimate elsewhere on this page ($4,798/mo) is above what comparable finished homes here support. A home that needs work does not out-rent them, so treat $4,332/mo as the ceiling.

Buying at asking and achieving par rent, excluding the renovation spend itself. We don't publish a current-condition rent: no listing remark says how much work a home needs, and mid-renovation it earns nothing.

Based on 5 comparable homes of the same property type and size currently listed nearby — asking prices and modelled rents, not closed sales. A contractor's scope, not this page, decides what a renovation actually costs.

Investment Score

60A
Est. Monthly Rent
$4,798

8 leases of 3–5 bed houses within 1 mi · $4,506–$5,006

Blended 50/50 with the zip's market median ($4,740)

Monthly Cashflow

Rent − PITIA

-$637
Full Cashflow

Incl. vacancy, PM, maint, capex

-$2,399

What would make this work?

$2,399/mo short at 20% down; 64% down or +$3,115/mo rent closes it.

Break-even price

39% under asking

$478,936
Break-even rent

$3,115/mo above the estimate

$7,913/mo
Cashflow at 35% down
−$1,571/mo
Down payment to break even

$505,600 cash

64%
Rate to break even

at 20% down

0.94%

Mortgage (P+I)
$4,415
Cap Rate
3.43%
Cash-on-Cash
-18.22%
DSCR

Need ≥ 1.25 for DSCR loan

0.88

NOI (Annual)
$27,072
Price-to-Rent

Lower = better for investors

13.7

* Modelled at 20% down, 7.49% rate, 30yr · vacancy 8% · PM 10% · capex 5% · maintenance 1%/yr.

Estimates only. Not financial advice. Verify all figures independently with a licensed professional before making any investment decision.

Open Full Calculator
ACashflow−$2,399/mo