2017 Manchester Avenue

2017 Manchester Avenue

Btop 30%

Escondido, CA 92027

$712,500
NEW — 1d

Pass at asking: -$2,710/mo full cashflow at 20% down, 7.43% rate.

Works at $359,599 (50% under asking), or at 75% down.

Rent $3,587/mo from 9 leases of 3-bed houses within 2 mi ($3,324–$3,663).

Beds

3

Baths

2

Sqft

1,107

Year Built

1971

Days on Market

1

Property Type

Single Family

HOA/mo

N/A

MLS ID

NDP2610147

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

About This Property

Discover the perfect blend of comfort, convenience, and value in this charming, light and bright, move-in-ready single-story home. Offering 3 bedrooms, 2 bathrooms, and 1,107 square feet of living space, this inviting property sits on a generous 6,000-square-foot lot. Step inside and enjoy the welcoming atmosphere, complemented by luxury vinyl plank throughout. The home offers a comfortable and functional layout, perfect for everyday living and entertaining. The kitchen provides a practical and inviting space to prepare meals and gather with family and friends. The spacious primary suite features an updated private bathroom, while two additional bedrooms offer flexibility for family, guests, or a home office. An additional updated full bathroom adds convenience and functionality. Enjoy year-round comfort with central air conditioning. Additional features include solar, an attached two-car garage, and extra driveway parking. Step outside and discover a versatile backyard featuring raised garden boxes, ready for spring planting! Whether you envision growing fresh vegetables, herbs, or colorful flowers, this outdoor space is ready for your gardening inspiration. Create your own backyard oasis, entertain guests, or simply relax and enjoy the beautiful Escondido weather. And one of the best features? NO HOA! Enjoy the freedom of homeownership without monthly homeowners association dues or HOA restrictions. Conveniently located near local schools, shopping, restaurants, parks, entertainment, and Downtown Escondido, this home offers an excellent combination of location and lifestyle. Whether you're a first-time homebuyer, looking to downsize, or searching for your next investment opportunity, this delightful property is ready to welcome its new owner. Don't miss this wonderful opportunity to make 2017 Manchester Avenue your new home!

Mortgage Calculator

Est. Monthly Payment

$4,879

Principal & Interest$3,958
Property Tax$713
Insurance$208
%($142,500)
%
Loan Term

Location

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Investment Score

48B
Est. Monthly Rent
$3,587

9 leases of 3-bed houses within 2 mi · $3,324–$3,663

Blended 50/50 with the zip's market median ($3,688)

Monthly Cashflow

Rent − PITIA

-$1,292
Full Cashflow

Incl. vacancy, PM, maint, capex

-$2,710

What would make this work?

$2,710/mo short at 20% down; 75% down or +$3,520/mo rent closes it.

Break-even price

50% under asking

$359,599
Break-even rent

$3,520/mo above the estimate

$7,107/mo
Cashflow at 35% down
−$1,968/mo
Down payment to break even

$534,375 cash

75%
Rate to break even

Negative even at a 0% loan

Not reachable

Mortgage (P+I)
$3,958
Cap Rate
2.40%
Cash-on-Cash
-22.83%
DSCR

Need ≥ 1.25 for DSCR loan

0.74

NOI (Annual)
$17,125
Price-to-Rent

Lower = better for investors

16.6

* Modelled at 20% down, 7.43% 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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BCashflow−$2,710/mo