2295 Lindsay Drive
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2295 Lindsay Drive

C

Carlsbad, CA 92008

$699,000
NEW — 1d

Beds

2

Baths

2

Sqft

1,920

Year Built

1987

Days on Market

1

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

Coming Soon! This is the one with a 2-car garage you've been waiting for in the highly desirable 55+ community of Camino Hills. Home has a 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, new rain gutters, interior and exterior paint. Also includes brand new gas cooktop, new washer/dryer, and fairly new ss refrigerator. Camino Hills residents enjoy a beautiful pool, spa, tennis court, clubhouse and walking trails. Priced to reflect the need for some cosmetic improvements.

Mortgage Calculator

Est. Monthly Payment

$4,872

Principal & Interest$3,535
Property Tax$699
Insurance$204
HOA$435
%($139,800)
%

Location

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Investment Score

31C
Est. Monthly Rent
$3,283
Monthly Cashflow

Rent − PITIA

$-1,590
Full Cashflow

Incl. vacancy, PM, maint, capex

$-2,927

Mortgage (P+I)
$3,535
Cap Rate
1.04%
Cash-on-Cash
-25.13%
DSCR

Need ≥ 1.25 for DSCR loan

0.67
Break-even Rent
$7,084

NOI (Annual)
$7,289
Price-to-Rent

Lower = better for investors

17.7

* 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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