1644 Forestdale Drive

1644 Forestdale Drive

D

Encinitas, CA 92024

$914,888

Beds

3

Baths

2

Sqft

1,056

Year Built

1973

Days on Market

8

Property Type

Condo

HOA/mo

$380

MLS ID

NDP2601422

Description

This highly sought after private end unit in the High Country Villas is ready for your custom touch! With 3 bedrooms, 2 bath, 1056SqFt and a private patio, enjoying the mild Encinitas summers and winters is a breeze! Well maintained and cared for, put your personal touch and make it your own! Just 3 miles from the ocean, and 1/4 mile from shopping and restaurants, with the largest driveway in the entire community, this unit won't last long! High Country Villas 55+ community has golf, pickleball, shuffleboard, a pool, social groups, and activities year round!

Mortgage Calculator

Est. Monthly Payment

$6,188

Principal & Interest$4,626
Property Tax$915
Insurance$267
HOA$380
%($182,978)
%

Investment Score

17D
Est. Monthly Rent

Zillow Rent Zestimate

$6,936
Monthly Cashflow
$-1,610

Mortgage (P+I)
$4,626
Cap Rate
3.96%
Cash-on-Cash
-10.56%
DSCR
1.50
Break-even Rent
$7,991

NOI (Annual)
$36,197
Price-to-Rent

Lower = better for investors

11.0

* Defaults: 20% down, 6.5% rate, 30yr.

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