2343 Tanzanite Glen

2343 Tanzanite Glen

Ctop 80%

Escondido, CA 92025

$599,990

Pass at asking: -$2,898/mo full cashflow at 20% down, 7.49% rate.

Works at $224,319 (63% under asking), or at 90% down.

Rent $2,740/mo from 19 leases of 2-bed condos & townhomes in 92025 ($2,519–$3,129).

Beds

2

Baths

3

Sqft

1,207

Year Built

2026

Days on Market

—

Property Type

Condo

HOA/mo

$380

MLS ID

SW26236210

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

About This Property

The Plan 1B has 1,207 square feet with 2 bedrooms + den and 2.5 bathrooms. The home has 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. On the third floor is the stackable laundry closet, the primary bedroom with a walk-in closet and ensuite bathroom, another bedroom and full bathroom. The homes has White shaker-style cabinetry throughout and the flooring is upgraded laminate at the Entry, Kitchen, Great Room, Baths and Laundry. 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 cozy community in a great location just off the 15 freeway. This home is a quick move in ready now!

Mortgage Calculator

Est. Monthly Payment

$4,508

Principal & Interest$3,353
Property Tax$600
Insurance$175
HOA$380
%($119,998)
%
Loan Term

Investment Score

33C
Est. Monthly Rent
$2,740

19 leases of 2-bed condos & townhomes in 92025 · $2,519–$3,129

Blended 50/50 with the zip's market median ($2,656)

Monthly Cashflow

Rent − PITIA

-$1,768
Full Cashflow

Incl. vacancy, PM, maint, capex

-$2,898

What would make this work?

$2,898/mo short at 20% down; 90% down or +$3,764/mo rent closes it.

Break-even price

63% under asking

$224,319
Break-even rent

$3,764/mo above the estimate

$6,504/mo
Cashflow at 35% down
−$2,269/mo
Down payment to break even

$539,991 cash

90%
Rate to break even

Negative even at a 0% loan

Not reachable

Mortgage (P+I)
$3,353
Cap Rate
1.18%
Cash-on-Cash
-28.98%
DSCR

Need ≥ 1.25 for DSCR loan

0.61

NOI (Annual)
$7,102
Price-to-Rent

Lower = better for investors

18.2

* Modelled at 20% down, 7.49% rate, 30yr · vacancy 8% · PM 10% · capex 5% · maintenance 1%/yr.

Estimates only. Not financial advice. Verify all figures independently with a licensed professional before making any investment decision.

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CCashflow−$2,898/mo