1811 Grand Avenue
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1811 Grand Avenue #178

B

Escondido, CA 92027

$275,000

Beds

1

Baths

1

Sqft

709

Year Built

1974

Days on Market

77

Property Type

Condo

HOA/mo

$545

MLS ID

NDP2601500

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

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About This Property

Rare opportunity to replace rent with ownership in a 1 bed/1 bath in the heart of Escondido. Great location close to downtown, transportation, shopping, freeways, mountains, trails, and food. Pepperwood Meadows offers a clean complex with pool, jacuzzi, parks, BBQ and also includes water, sewer, trash in the HOA dues. Unit has brand new AC units as a split system to run in individual rooms. Spacious rooms, lots of natural light, new appliances, and amazing opportunities.

Mortgage Calculator

Est. Monthly Payment

$2,291

Principal & Interest$1,391
Property Tax$275
Insurance$80
HOA$545
%($55,000)
%

Location

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Investment Score

47B
Est. Monthly Rent
$1,742
Monthly Cashflow

Rent − PITIA

$-549
Full Cashflow

Incl. vacancy, PM, maint, capex

$-1,178

Mortgage (P+I)
$1,391
Cap Rate
0.93%
Cash-on-Cash
-25.71%
DSCR

Need ≥ 1.25 for DSCR loan

0.76
Break-even Rent
$3,272

NOI (Annual)
$2,546
Price-to-Rent

Lower = better for investors

13.2

* 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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