2342 Red Coral Glen
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2342 Red Coral Glen

B

Escondido, CA 92025

$599,990

Soft Appraisal Value: $599,300 · 0.1% above estimate

Beds

2

Baths

2.5

Sqft

1,207

Year Built

2025

Days on Market

197

Property Type

Condo

HOA/mo

$380

MLS ID

SW25254360

This property is in Escondido (92025). View neighborhood stats →

About This Property

**SELLER IS ONLY ACCEPTING CASH OFFERS AND PURCHASES ON THIS HOMESITE AT THIS TIME** The Plan 1B has 1,207 square feet with 2 bedrooms + den and 2.5 bathrooms. The home has an open concept floor plan with a Great room just steps to the covered deck, an island kitchen with counter seating area, pantry closet, stainless-steel appliances, and Quartz counter tops with a full backsplash at the cooktop. Upstairs is the laundry closet with stackable washer and dryer included, the primary bedroom with a walk-in closet and ensuite, another bedroom, and full bathroom. There is Smart Home technology throughout, solar is included in the price, and a direct access 2-car garage pre-plumbed for an electric car. This is an all-electric community. This home is a quick move in ready now!

Mortgage Calculator

Est. Monthly Payment

$4,189

Principal & Interest$3,034
Property Tax$600
Insurance$175
HOA$380
%($119,998)
%

Location

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Investment Score

58B
Est. Monthly Rent
$3,658
Monthly Cashflow

Rent − PITIA

$-531
Full Cashflow

Incl. vacancy, PM, maint, capex

$-1,872

Mortgage (P+I)
$3,034
Cap Rate
2.32%
Cash-on-Cash
-18.72%
DSCR

Need ≥ 1.25 for DSCR loan

0.87
Break-even Rent
$6,089

NOI (Annual)
$13,940
Price-to-Rent

Lower = better for investors

13.7

* 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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