2295 Lindsay Drive
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2295 Lindsay Drive

A

Carlsbad, CA 92008

$669,900

Soft Appraisal Value: $660,300 · 1.5% above estimate

Beds

2

Baths

2

Sqft

1,920

Year Built

1987

Days on Market

46

Property Type

Manufactured

HOA/mo

$435

MLS ID

PTP2602605

This property is in Carlsbad (92008). View neighborhood stats →

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About This Property

Only available listing in Camino Hills!! This is the one you've been waiting for in the highly desirable 55+ community of Camino Hills. Home has a 2-car garage, recorded 433A (permanent foundation) and you own the land! Many of the high ticket updates have been done, including new roof, HVAC (2021), tankless water heater, leveling and earthquake bracing, new rain gutters, interior and exterior paint. Also includes brand new gas cooktop, new dryer, and fairly new ss refrigerator. Beautiful curb appeal with low maintenance landscaping. Don’t miss the large shed/workshop behind the garage equipped with electricity. Camino Hills residents enjoy a beautiful pool, spa, tennis court, clubhouse and walking trails. Within 3 miles of the ocean, Legoland, the Flower fields, and Costco. Priced to reflect the need for some cosmetic improvements.

Mortgage Calculator

Est. Monthly Payment

$4,688

Principal & Interest$3,387
Property Tax$670
Insurance$195
HOA$435
%($133,980)
%

Location

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Investment Score

61A
Est. Monthly Rent
$4,305
Monthly Cashflow

Rent − PITIA

$-382
Full Cashflow

Incl. vacancy, PM, maint, capex

$-1,931

Mortgage (P+I)
$3,387
Cap Rate
2.61%
Cash-on-Cash
-17.29%
DSCR

Need ≥ 1.25 for DSCR loan

0.92
Break-even Rent
$6,812

NOI (Annual)
$17,480
Price-to-Rent

Lower = better for investors

13.0

* 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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