1257 Grand Ave

1257 Grand Ave #D

D

Escondido, CA 92027

$390,000

Soft Appraisal Value: $389,300 · 0.2% above estimate

Beds

2

Baths

2

Sqft

873

Year Built

1981

Days on Market

24

Property Type

Condo

HOA/mo

$375

MLS ID

260005899SD

Description

2 beds under $400k!!! Price correction! Now reduced! Welcome to this inviting second-level condo featuring 2 bedrooms and 2 bathrooms in a convenient Escondido location. The functional layout offers a comfortable living space with a private balcony and in-unit washer and dryer for added convenience. Enjoy a private one-car garage plus an additional reserved parking space nearby. Close to schools, shopping, and dining, with easy access to freeways and public transit-this home offers both comfort and accessibility in one great package. *Some photos are virtually staged*

Mortgage Calculator

Est. Monthly Payment

$2,851

Principal & Interest$1,972
Property Tax$390
Insurance$114
HOA$375
%($78,000)
%

Investment Score

7D
Est. Monthly Rent
$2,510
Monthly Cashflow

Rent − PITIA

$-341
Full Cashflow

Incl. vacancy, PM, maint, capex

$-1,243

Mortgage (P+I)
$1,972
Cap Rate
2.24%
Cash-on-Cash
-19.13%
DSCR

⚠️ Need ≥ 1.25 for DSCR loan

0.88
Break-even Rent
$4,125

NOI (Annual)
$8,744
Price-to-Rent

Lower = better for investors

12.9

* 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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