1817 Grand Avenue

1817 Grand Avenue

D

Escondido, CA 92027

$310,000

Beds

2

Baths

2

Sqft

979

Year Built

1974

Days on Market

256

Property Type

Condo

HOA/mo

$530

MLS ID

SW25157781

View on MLS

Description

******PRICE REDUCTION!!!! BRING US AN OFFER!!! Buyer could not perform!!! This Condo is 979 Sq. Ft. with 2 bedrooms and 2 baths. Unit is located in the community of Pepperwood Meadows in the city of Escondido. This unit needs some love but it is in a great location on the bottom floor near parking spaces. This community is Situated near parks, Oak Hill Elementary and nearby all the shopping. Grocery stores, Home Depot, Walmart all close enough to walk to. Good Transit access minutes from the I-15 this neighborhood is family friendly/

Mortgage Calculator

Est. Monthly Payment

$2,498

Principal & Interest$1,568
Property Tax$310
Insurance$90
HOA$530
%($62,000)
%

Investment Score

13D
Est. Monthly Rent
$2,444
Monthly Cashflow

Rent − PITI − HOA

$-54
Full Cashflow

Incl. vacancy, PM, maint, capex

$-874

Mortgage (P+I)
$1,568
Cap Rate
2.68%
Cash-on-Cash
-16.92%
DSCR

⚠️ Need ≥ 1.25 for DSCR loan

0.98
Break-even Rent
$3,579

NOI (Annual)
$8,323
Price-to-Rent

Lower = better for investors

10.6

* 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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