2405 Turnbridge

2405 Turnbridge

Btop 30%

Escondido, CA 92027

$549,000
NEW — 0d

Pass at asking: -$2,526/mo full cashflow at 20% down, 7.49% rate.

Works at $221,491 (60% under asking), or at 86% down.

Rent $2,653/mo from 8 leases of 2-bed condos & townhomes within 0.5 mi ($2,372–$2,795).

Beds

2

Baths

2

Sqft

1,000

Year Built

1981

Days on Market

0

Property Type

Townhouse

HOA/mo

$334

MLS ID

260026244SD

This property is in Escondido (92027). View neighborhood stats →

About This Property

Welcome to 2450 Turnbridge! This beautifully maintained two-bedroom, two-bathroom home offers a wonderful combination of comfort, thoughtful upgrades, and low-maintenance living. Featuring vaulted ceilings, an open and inviting floor plan, and an abundance of natural light, the home feels spacious and welcoming throughout. Interior highlights include plantation-style shutters throughout, mirrored closet doors, ceiling fans in all four rooms, Pergo flooring, and smooth ceilings with all popcorn texture removed. The updated kitchen features all-new maple cabinetry, new stove and microwave, and a stylish tile backsplash. Both bathrooms feature updated countertops and tile flooring, while the primary bathroom also offers a skylight for added natural light. Step outside to enjoy the private patio with a beautiful new birch patio cover, creating an inviting space for relaxing, entertaining, or gardening. Additional features include a two-car garage with a new garage door and convenient access to the community pool and spa. The HOA maintains the exterior painting, backyard fencing, and front yard landscaping, adding to the ease of ownership. With its desirable corner location, extensive upgrades, and inviting indoor-outdoor living spaces, this home offers a fantastic opportunity to enjoy comfortable, low-maintenance living!

Mortgage Calculator

Est. Monthly Payment

$4,111

Principal & Interest$3,068
Property Tax$549
Insurance$160
HOA$334
%($109,800)
%
Loan Term

Location

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Investment Score

39B
Est. Monthly Rent
$2,653

8 leases of 2-bed condos & townhomes within 0.5 mi · $2,372–$2,795

Blended 50/50 with the zip's market median ($2,688)

Monthly Cashflow

Rent − PITIA

-$1,458
Full Cashflow

Incl. vacancy, PM, maint, capex

-$2,526

What would make this work?

$2,526/mo short at 20% down; 86% down or +$3,280/mo rent closes it.

Break-even price

60% under asking

$221,491
Break-even rent

$3,280/mo above the estimate

$5,933/mo
Cashflow at 35% down
−$1,950/mo
Down payment to break even

$472,140 cash

86%
Rate to break even

Negative even at a 0% loan

Not reachable

Mortgage (P+I)
$3,068
Cap Rate
1.48%
Cash-on-Cash
-27.60%
DSCR

Need ≥ 1.25 for DSCR loan

0.65

NOI (Annual)
$8,100
Price-to-Rent

Lower = better for investors

17.2

* 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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BCashflow−$2,526/mo