2287 Manchester Ave.

2287 Manchester Ave.

C

Cardiff by the Sea, CA 92007

$1,285,000
NEW — 1d

Beds

Baths

Sqft

Year Built

1947

Days on Market

1

Property Type

Single Family

HOA/mo

N/A

MLS ID

260017540SD

This property is in Cardiff by the Sea (92007). View neighborhood stats →

About This Property

Imagine the possibilities. Ideal beach community, West of I 5, take advantage of this opportunity to build your own private retreat. The existing home must be torn down and the soil prepared, as concluded from settlement documents to be provided to the buyer for review. The lot's corner location is ideal for the building process. Water and sewer are already at the property.

Mortgage Calculator

Est. Monthly Payment

$8,157

Principal & Interest$6,498
Property Tax$1,285
Insurance$375
%($257,000)
%

Investment Score

7D
Est. Monthly Rent
$4,498
Monthly Cashflow

Rent − PITIA

$-3,660
Full Cashflow

Incl. vacancy, PM, maint, capex

$-5,765

Mortgage (P+I)
$6,498
Cap Rate
0.68%
Cash-on-Cash
-26.92%
DSCR

Need ≥ 1.25 for DSCR loan

0.55
Break-even Rent
$11,985

NOI (Annual)
$8,792
Price-to-Rent

Lower = better for investors

23.8

* 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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