1322 Loma De Paz

1322 Loma De Paz

D

Escondido, CA 92027

$980,000

Soft Appraisal Value: $969,700 · 1.1% above estimate

Beds

3

Baths

2.5

Sqft

2,030

Year Built

1977

Days on Market

32

Property Type

Single Family

HOA/mo

N/A

MLS ID

260005134SD

Description

SELLER OFFERING FINANCE ASSISTANCE! Gorgeous View home is primely located on a private hillside cul-de-sac. Enjoy amazing sunsets from your living room or deck. Serenity surrounds you with lush gardens & several fruit trees on a generous lot. Energy Efficient w/ 27 OWNED SOLAR panels & EV charger. The expanded quartz kitchen & baths along w/ travertine & hardwood flooring will impress. Other features: above ground pool, deck & pergola, abundant parking. Your own PRIVATE PARADISE! No HOA or Mello-Roos Tax. Fruit trees galore at this Peaceful Retreat providing orange, lemon, lime, grapefruit, persimmon & avocado. The lush flora attracts butterflies & hummingbirds! The GOURMET KITCHEN, renovated in 2018, has quartz counters, designer fully-tiled backsplash, stainless appliances & multiple pull-outs. A prep/storage island w/ 2nd sink & bar seating is illuminated by dual pendants. The 5-burner gas cooktop is accented by a stately vent hood. The Bosch dishwasher is super quiet. Natural light flows through the lovely bay window & skylight. A custom wine cabinet holds 144 bottles. The fireplace was enhanced w/ an artificial log set. The rich hardwood staircase leads to a spacious primary retreat w/ ensuite bath & walk-in closet. The step-in shower boasts a bench seat & inset shelf. A renovated 2nd bath serves the other bedrooms. Lounge by the pool, BBQ, & enjoy gatherings. Large driveway=guest parking. The drywall lined garage w/ epoxy floor has many racks, cupboards, shelves & tool bench, offering storage options.

Mortgage Calculator

Est. Monthly Payment

$6,221

Principal & Interest$4,955
Property Tax$980
Insurance$286
%($196,000)
%

Investment Score

5D
Est. Monthly Rent
$4,310
Monthly Cashflow

Rent − PITIA

$-1,911
Full Cashflow

Incl. vacancy, PM, maint, capex

$-3,719

Mortgage (P+I)
$4,955
Cap Rate
1.51%
Cash-on-Cash
-22.77%
DSCR

⚠️ Need ≥ 1.25 for DSCR loan

0.69
Break-even Rent
$9,140

NOI (Annual)
$14,832
Price-to-Rent

Lower = better for investors

18.9

* 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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