1811 Grand
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1811 Grand #163

C

Escondido, CA 92027

$297,000
NEW — 2d

Beds

1

Baths

1

Sqft

709

Year Built

1974

Days on Market

2

Property Type

Condo

HOA/mo

$545

MLS ID

NDP2603957

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

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About This Property

This fantastic, turn-key ground level condominium in Pepperwood Meadow is designed with both comfort and convenience in mind. The home features an open floor plan, creating a spacious and inviting atmosphere that is perfect for everyday living. The interior has been freshly painted, offering a clean and modern look throughout. The updated kitchen includes white cabinets, a custom backsplash, farmhouse style sink, stainless-steel appliances and refrigerator. Modern flooring extends throughout the condominium, enhancing its contemporary style. The primary bedroom offers a generous walk-in closet, providing ample storage space and serves as a private and relaxing retreat. Gorgeous bathroom features a modern tile shower and floors, shaker style cabinets and solid surface counters. The spacious living area seamlessly connects to a private patio w/storage closet that makes for a perfect space to enjoy the outdoors. Located within the Pepperwood Meadow community, this condominium provides convenient access to the two pools and grass areas. These amenities add to the appeal of the neighborhood, offering residents relaxation and recreational opportunities. This outstanding condo is an excellent option for first-time homeowners or anyone seeking a single-level residence with no steps, ensuring easy accessibility for all.

Mortgage Calculator

Est. Monthly Payment

$2,430

Principal & Interest$1,502
Property Tax$297
Insurance$87
HOA$545
%($59,400)
%

Location

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Investment Score

43C
Est. Monthly Rent
$1,742
Monthly Cashflow

Rent − PITIA

$-689
Full Cashflow

Incl. vacancy, PM, maint, capex

$-1,337

Mortgage (P+I)
$1,502
Cap Rate
0.67%
Cash-on-Cash
-27.01%
DSCR

Need ≥ 1.25 for DSCR loan

0.72
Break-even Rent
$3,478

NOI (Annual)
$1,978
Price-to-Rent

Lower = better for investors

14.2

* 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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