2156 Coast Highway

2156 Coast Highway

D

Oceanside, CA 92054

$875,000
NEW — 6d on market

Beds

2

Baths

2

Sqft

1,590

Year Built

1982

Days on Market

6

Property Type

Condo

HOA/mo

$700

MLS ID

NDP2601819

Description

This private condominium features two large bedrooms and two baths. Recently painted and professionally deep cleaned. Newly installed wide neutral toned luxury vinyl plank flooring. Almost new kitchen appliances features a galley kitchen with considerable storage with soft closing drawers. Upgraded vinyl windows and sliding doors. A community pool and spa is on site. Nestled between Carlsbad and South Oceanside you can walk or bike to area beaches and enjoy the quaint intimacy of both towns taking advantage of great restaurants, numerous yearly activities; including two street fairs and world class 5K and marathons, and professional services nearby. This geographic location provide easy commuter access in any direction or take advantage of nearby train and Coaster stations.

Mortgage Calculator

Est. Monthly Payment

$6,255

Principal & Interest$4,424
Property Tax$875
Insurance$255
HOA$700
%($175,000)
%

Investment Score

8D
Est. Monthly Rent

Market Rent Estimate

$4,538
Monthly Cashflow

Rent − PITI − HOA

$-1,716
Full Cashflow

Incl. vacancy, PM, maint, capex

$-3,489

Mortgage (P+I)
$4,424
Cap Rate
1.28%
Cash-on-Cash
-11.77%
DSCR

⚠️ Need ≥ 1.25 for DSCR loan

1.03
Break-even Rent
$6,254

NOI (Annual)
$11,221
Price-to-Rent

Lower = better for investors

16.1

* Defaults: 20% down, 6.5% rate, 30yr.

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