1810 El Camino Real

1810 El Camino Real

D

Encinitas, CA 92024

$545,000

Beds

1

Baths

1

Sqft

650

Year Built

1998

Days on Market

52

Property Type

Condo

HOA/mo

$535.62

MLS ID

2600233SD

Description

Welcome to this inviting, totally remodeled ground-level corner unit condo located in sought after Pacific Pines. This home features quartz counters, white wood cabinets, stainless steel appliances, recessed lighting, luxury vinyl plank flooring, mini-split AC systems in the bedroom and the living room, wood burning fireplace, a pantry, in-unit laundry, a large walk-in closet and a large private patio. The Pacific Pines community features completely remodeled buildings with an appealing contemporary design and a cool coastal living vibe. The amazing amenities include: tennis courts, pool, spa, fitness center, EV charging stations, outdoor dining areas, and lush, park-like grounds with walking paths. Located just minutes from shopping, the beach, scenic hiking trails, and Mira Costa College, this home is also in the highly regarded Cardiff Elementary and San Dieguito Union School Districts. This is coastal living at its finest.

Mortgage Calculator

Est. Monthly Payment

$3,995

Principal & Interest$2,756
Property Tax$545
Insurance$159
HOA$536
%($109,000)
%

Investment Score

3D
Est. Monthly Rent

HUD Fair Market Rent

$2,840
Monthly Cashflow
$-2,263

Mortgage (P+I)
$2,756
Cap Rate
1.09%
Cash-on-Cash
-24.91%
DSCR

⚠️ Need ≥ 1.25 for DSCR loan

1.03
Break-even Rent
$4,876

NOI (Annual)
$5,916
Price-to-Rent

Lower = better for investors

16.0

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

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