1617 Hawk Ridge Place
1 / 20

1617 Hawk Ridge Place

Atop 10%

Escondido, CA 92027

$889,000
NEW — 0d

Pass at asking: -$2,653/mo full cashflow at 20% down, 7.43% rate.

Works at $543,429 (39% under asking), or at 63% down.

Rent $5,421/mo from 11 leases of 4–6 bed houses within 2 mi ($5,161–$5,882).

Beds

5

Baths

3

Sqft

2,820

Year Built

1980

Days on Market

0

Property Type

Single Family

HOA/mo

N/A

MLS ID

PTP2608271

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

Virtual Tour

About This Property

Welcome to this spacious 5-bedroom, 3-bathroom home nestled on a desirable cul-de-sac in a wonderful neighborhood! Featuring soaring two-story vaulted ceilings, this home offers nearly 3,000sf with an impressive sense of space and an abundance of natural light. The generous floor plan provides plenty of room for comfortable living, entertaining, and creating lasting memories. First floor has a generously sized living room with dining area, updated kitchen with an abundance of cabinet space, garden window and island, family room with fireplace, full bathroom, laundry room and direct access to the garage. Slider door off of the family room give you access to a private, gated yard with endless possibilities for outdoor enjoyment, gardening or entertaining. The second level has a very large primary bedroom suite with walk in closet, double vanity and separate shower area. The other 4 bedrooms are large and there's a full bath with jacuzzi tub in the hall along with closets on the 2 level as well. A two-car garage adds convenience and additional storage along with double paned windows, newer A/C, furnace and hot water tank. While the home could benefit from some updating and personal touches, it presents an incredible opportunity to customize and make it your own. Priced to reflect its potential, this is a fantastic opportunity to own a large home in a sought-after neighborhood at an exceptional value! Bring your vision and make this home your dream home!

Mortgage Calculator

Est. Monthly Payment

$6,087

Principal & Interest$4,939
Property Tax$889
Insurance$259
%($177,800)
%
Loan Term

Location

Loading map...

Zoned Schools

  • Elementary

    Oak Hill Elementary · grades K-5 · Escondido Union

  • Middle

    Hidden Valley Middle · grades 6-8 · Escondido Union

  • High

    Orange Glen High · grades 9-12 · Escondido Union High

The district's assigned schools for this parcel, from its attendance boundaries and rules. Boundaries change: confirm with the district before you buy.

Investment Score

58A
Est. Monthly Rent
$5,421

11 leases of 4–6 bed houses within 2 mi · $5,161–$5,882

Blended 50/50 with the zip's market median ($5,340)

Monthly Cashflow

Rent − PITIA

-$666
Full Cashflow

Incl. vacancy, PM, maint, capex

-$2,653

What would make this work?

$2,653/mo short at 20% down; 63% down or +$3,446/mo rent closes it.

Break-even price

39% under asking

$543,429
Break-even rent

$3,446/mo above the estimate

$8,867/mo
Cashflow at 35% down
−$1,727/mo
Down payment to break even

$560,070 cash

63%
Rate to break even

at 20% down

0.99%

Mortgage (P+I)
$4,939
Cap Rate
3.45%
Cash-on-Cash
-17.91%
DSCR

Need ≥ 1.25 for DSCR loan

0.89

NOI (Annual)
$30,677
Price-to-Rent

Lower = better for investors

13.7

* Modelled at 20% down, 7.43% rate, 30yr · vacancy 8% · PM 10% · capex 5% · maintenance 1%/yr.

Estimates only. Not financial advice. Verify all figures independently with a licensed professional before making any investment decision.

Open Full Calculator
ACashflow−$2,653/mo