19808 Fortuna Del Este
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19808 Fortuna Del Este

Ctop 80%

Escondido, CA 92029

$1,949,000

Pass at asking: -$10,176/mo full cashflow at 20% down, 7.36% rate.

Works at $617,339 (68% under asking), or at 96% down.

Rent $6,127/mo from 9 leases of houses within 2 mi, size-adjusted ($5,345–$8,052).

Beds

5

Baths

3

Sqft

2,572

Year Built

1979

Days on Market

99

Property Type

Single Family

HOA/mo

N/A

MLS ID

TR26170068

This property is in Escondido (92029). Browse neighborhood analytics →

About This Property

Beautiful Ocean views and sunsets from this lovely 5 bedroom 3 bath home situated on 2.1 usable acres. Horses are definitely allowed with Direct access to the trail system from the driveway. The home has been completely remodeled and includes solar that’s owned. $0 electric bill. New Roof, new exterior and interior paint, new wood flooring, all bathrooms have been remodeled with all new plumbing and lighting. Kitchen has Quartz countertops and new appliances. Pool has been resurfaced with brand new coping, pavers, turf and new pool equipment. New windows and doors. The lot size is 2.1acres and allows for up to 10 horses per acre. The property is within the Rancho Santa Fe school district. No HOA. No one can build next door, secluded with lots of privacy. 7 miles to the beach and shopping and restaurants about 1mi away.

Mortgage Calculator

Est. Monthly Payment

$13,271

Principal & Interest$10,753
Property Tax$1,949
Insurance$568
%($389,800)
%
Loan Term

Location

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Zoned Schools

  • Elementary

    R. Roger Rowe Elementary · grades PK-5 · Rancho Santa Fe Elementary

  • Middle

    R. Roger Rowe Middle · grades 6-8 · Rancho Santa Fe Elementary

  • High

    La Costa Canyon High · grades 9-12 · San Dieguito Union High

The district's assigned schools for this parcel, from its attendance boundaries and rules. Boundaries change: confirm with the district before you buy.

Investment Score

5C
Est. Monthly Rent
$6,127

9 leases of houses within 2 mi, size-adjusted · $5,345–$8,052

Blended 50/50 with a property-level estimate

Monthly Cashflow

Rent − PITIA

-$7,143
Full Cashflow

Incl. vacancy, PM, maint, capex

-$10,176

What would make this work?

$10,176/mo short at 20% down; 96% down or +$13,216/mo rent closes it.

Break-even price

68% under asking

$617,339
Break-even rent

$13,216/mo above the estimate

$19,343/mo
Cashflow at 35% down
−$8,160/mo
Down payment to break even

$1,871,040 cash

96%
Rate to break even

Negative even at a 0% loan

Not reachable

Mortgage (P+I)
$10,753
Cap Rate
0.54%
Cash-on-Cash
-31.33%
DSCR

Need ≥ 1.25 for DSCR loan

0.46

NOI (Annual)
$10,596
Price-to-Rent

Lower = better for investors

26.5

* Modelled at 20% down, 7.36% rate, 30yr · vacancy 8% · PM 10% · capex 5% · maintenance 1%/yr.

Estimates only. Not financial advice. Verify all figures independently with a licensed professional before making any investment decision.

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CCashflow−$10,176/mo