123 Jasper Street
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123 Jasper Street #38

A

Encinitas, CA 92024

$495,000
NEW — 1d

Beds

2

Baths

1

Sqft

716

Year Built

1991

Days on Market

1

Property Type

Mfd/Mobile Home

HOA/mo

N/A

MLS ID

NDP2605634

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

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About This Property

Live the coastal lifestyle.  This surf inspired beach cottage is west of Highway 101, just minutes away from Beacon’s Beach and close to some of North County San Diego’s favorite shops, coffee houses and restaurants.  Ideally located in Valley Of Dreams, #38 welcomes you with it’s quaint charm.  Featuring an open concept living room, dining room and kitchen, two bedrooms, one full bath and upstairs deck you can find the space you need to relax and unwind after a morning surf, yoga session, stroll to the beach or local Farmer’s Market.  The home also features ceiling fans, in unit washer and dryer, parking for one vehicle, plenty of storage and additional on-site community laundry facilities.  Monthly Space Rent is $2,240 with no Property Taxes and no HOA Fees.  Whether you are looking for a Primary Residence, weekend getaway or an investment opportunity, #38 at Valley Of Dreams is an ideal choice to make your coastal living dreams come true.

Mortgage Calculator

Est. Monthly Payment

$3,142

Principal & Interest$2,503
Property Tax$495
Insurance$144
%($99,000)
%

Location

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Investment Score

70A
Est. Monthly Rent
$2,884
Monthly Cashflow

Rent − PITIA

$-258
Full Cashflow

Incl. vacancy, PM, maint, capex

$-1,334

Mortgage (P+I)
$2,503
Cap Rate
2.83%
Cash-on-Cash
-16.17%
DSCR

Need ≥ 1.25 for DSCR loan

0.92
Break-even Rent
$4,616

NOI (Annual)
$14,030
Price-to-Rent

Lower = better for investors

14.3

* 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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