123 Jasper Street
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123 Jasper Street

B

Encinitas, CA 92024

$629,000
NEW — 2d

Beds

2

Baths

1.5

Sqft

820

Year Built

1993

Days on Market

2

Property Type

Mfd/Mobile Home

HOA/mo

N/A

MLS ID

NDP2602221

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

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About This Property

Welcome to your Coastal Retreat, located in the VERY desirable Valley of Dreams Park. Perfectly situated between Leucadia Blvd and Jasper St, west of Hwy 101, and surrounded by multimillion dollar homes. Just a short stroll takes you to Neptune Ave, Beacon’s Beach and some of Leucadia’s most popular restaurants and shops. Inside you'll find a modern, casual coastal vibe with thoughtful upgrades completed within the last three years. This home is available fully furnished, making it a true turnkey opportunity! New upgrades within last 3 years totaling just over $80K include: architectural asphalt composition shingle roof, Vinyl flooring throughout, copper plumbing underneath, AC and furnace, added 2 floor vents, four Renewal by Anderson windows, primary bedroom Barn Door with custom mirrors on both sides, foyer bathroom door with outer custom mirror, 2 matching doors for full bath and guest room, door jams entering living room and also entering primary bedroom, 2 low-flow tall toilets, 3 ceiling fans: living room, guest room and full bathroom, non-permitted half bath, new large butcher block with 4 stools, pullout trash cabinet in kitchen, reverse osmosis in kitchen, refrigerator, blinds in foyer, paved side gated area, down spout gutters, and a storage unit in carport. No Property tax. Space rent is $2050 per month.

Mortgage Calculator

Est. Monthly Payment

$3,993

Principal & Interest$3,181
Property Tax$629
Insurance$183
%($125,800)
%

Location

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Investment Score

49B
Est. Monthly Rent
$3,004
Monthly Cashflow

Rent − PITIA

$-989
Full Cashflow

Incl. vacancy, PM, maint, capex

$-2,204

Mortgage (P+I)
$3,181
Cap Rate
1.86%
Cash-on-Cash
-21.02%
DSCR

Need ≥ 1.25 for DSCR loan

0.75
Break-even Rent
$5,866

NOI (Annual)
$11,723
Price-to-Rent

Lower = better for investors

17.4

* 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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