2012 Mission Ave. #22
Atop 10%Escondido, CA 92027
An HOA may ban rentals of 30 days or less (Civ. Code §4741): check the CC&Rs.
Pass at asking: -$1,311/mo full cashflow at 20% down, 7.49% rate.
Works at $180,000 (49% under asking), or at 74% down.
Rent $2,556/mo from 10 leases of 2-bed condos & townhomes within 1 mi ($2,233–$2,631).
Beds
2
Baths
1.5
Sqft
910
Year Built
1972
Days on Market
0
Property Type
Condo
HOA/mo
$580
MLS ID
260026309SD
This property is in Escondido (92027). View neighborhood stats →
About This Property
Well-Maintained remodeled 2BR/1.5BA single-story condo featuring two assigned covered parking spaces. Close to school, convenience stores and public transportation.
Mortgage Calculator
Est. Monthly Payment
$2,987
Location
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Zoned Schools
Elementary
Glen View Elementary · grades K-5 · Escondido Union
Middle
Hidden Valley Middle · grades 6-8 · Escondido Union
High
Orange Glen High · grades 9-12 · Escondido 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.
Comparable Properties
5 comps foundThis Property
$2,556
Comp Average
$2,443
1817 Grand Avenue
2bd / 2ba · 979 sqft · Condo
$300K
Est. $2,288/mo
475 Midway Drive
2bd / 2ba · 964 sqft · Condo
$400K
Est. $2,576/mo
475 Midway Dr
2bd / 2ba · 964 sqft · Condo
$405K
Est. $2,576/mo
475 Midway Dr
2bd / 1ba · 964 sqft · Condo
$409K
Est. $2,576/mo
1817 Grand Avenue
2bd / 1.5ba · 905 sqft · Condo
$385K
Est. $2,200/mo
Comps based on same zip code, similar beds (±1), price range (60-150%).
Investment Score
10 leases of 2-bed condos & townhomes within 1 mi · $2,233–$2,631
Blended 50/50 with the zip's market median ($2,772)
Rent − PITIA
Incl. vacancy, PM, maint, capex
What would make this work?
$1,311/mo short at 20% down; 74% down or +$1,702/mo rent closes it.
- Break-even price
- $180,000
- Break-even rent
- $4,258/mo
- Cashflow at 35% down
- −$944/mo
- Down payment to break even
- 74%
- Rate to break even
- Not reachable
49% under asking
$1,702/mo above the estimate
$258,926 cash
Negative even at a 0% loan
Need ≥ 1.25 for DSCR loan
Lower = better for investors
* Modelled at 20% down, 7.49% 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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