117 Playa Del Rey
Btop 30%Oceanside, CA 92058
Pass at asking: -$2,822/mo full cashflow at 20% down, 7.43% rate.
Works at $382,604 (49% under asking), or at 75% down.
Rent $3,861/mo from 8 leases of 3-bed houses within 2 mi ($3,727–$4,099).
Beds
3
Baths
2
Sqft
1,510
Year Built
1998
Days on Market
2
Property Type
Single Family
HOA/mo
$34
MLS ID
ND26237876
This property is in Oceanside (92058). Browse neighborhood analytics →
About This Property
Welcome to this inviting single-story Oceanside home featuring 3 bedrooms, 2 bathroom and a Large Lot. Vaulted ceilings and abundant natural light enhance the spacious living area, while the kitchen offers a center island, generous counter space and ample cabinetry. Featuring an attached two-car garage and a sizable backyard with a grassy lawn, patio, hardscape and mature tropical landscaping. Conveniently located near the San Luis Rey River Trail, Highway 76, Camp Pendleton, shopping, Downtown Oceanside, the harbor and beaches.
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Est. Monthly Payment
$5,169
Location
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Comparable Properties
5 comps foundThis Property
$3,861
Comp Average
$3,758
4422 Arbor Cove Circle
3bd / 2ba · 1,318 sqft · Single Family
$799K
Est. $3,651/mo
703 Chimney Rock Dr
3bd / 2ba · 1,252 sqft · Single Family
$840K
Est. $3,678/mo
4436 Point Vicente
3bd / 2ba · 1,260 sqft · Single Family
$829K
Est. $3,619/mo
3428 Spindrift Court
3bd / 2ba · 1,476 sqft · Single Family
$899K
Est. $3,824/mo
3325 Ricewood Drive
3bd / 2.5ba · 1,725 sqft · Single Family
$945K
Est. $4,020/mo
Comps based on same zip code, similar beds (±1), price range (60-150%).
Investment Score
8 leases of 3-bed houses within 2 mi · $3,727–$4,099
Blended 50/50 with the zip's market median ($3,935)
Rent − PITIA
Incl. vacancy, PM, maint, capex
What would make this work?
$2,822/mo short at 20% down; 75% down or +$3,664/mo rent closes it.
- Break-even price
- $382,604
- Break-even rent
- $7,525/mo
- Cashflow at 35% down
- −$2,040/mo
- Down payment to break even
- 75%
- Rate to break even
- Not reachable
49% under asking
$3,664/mo above the estimate
$562,499 cash
Negative even at a 0% loan
Need ≥ 1.25 for DSCR loan
Lower = better for investors
* Modelled at 20% down, 7.43% 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.
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