1508 Rimrock Drive
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1508 Rimrock Drive

B

Escondido, CA 92027

$899,000
NEW — 0d

Soft Appraisal Value: $891,600 · 0.8% above estimate

Beds

4

Baths

2

Sqft

1,893

Year Built

1988

Days on Market

0

Property Type

Single Family

HOA/mo

N/A

MLS ID

NDP2605575

This property is in Escondido (92027). View neighborhood stats →

Virtual Tour

About This Property

THIS is the property you've been looking for! Welcome to this turnkey home with an incredible yard with space for everything you can imagine. The spacious and flexible floor plan features three levels. The entry features a large living room with soaring ceilings. Upstairs features the kitchen and adjoining family room, formal dining room, two bedrooms, full bath, and expansive deck. Downstairs features the primary suite, laundry room, and additional bonus room (one neighbor added another bathroom downstairs). The yard is something to behold, with space for all of your gatherings, entertaining, ADU, pool, and so much more. Whole house fan, 8-year old HVAC system, and the solar keeps your energy bills low! Located close to shopping, restaurants, businesses, and more, this special home is truly the one you've been waiting for. Welcome home!

Mortgage Calculator

Est. Monthly Payment

$5,707

Principal & Interest$4,546
Property Tax$899
Insurance$262
%($179,800)
%

Location

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Investment Score

39C
Est. Monthly Rent
$4,296
Monthly Cashflow

Rent − PITIA

$-1,411
Full Cashflow

Incl. vacancy, PM, maint, capex

$-3,148

Mortgage (P+I)
$4,546
Cap Rate
1.87%
Cash-on-Cash
-21.01%
DSCR

Need ≥ 1.25 for DSCR loan

0.75
Break-even Rent
$8,384

NOI (Annual)
$16,773
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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