243 Bluebird Lane
Atop 10%Oceanside, CA 92057
Pass at asking: -$1,749/mo full cashflow at 20% down, 7.43% rate.
Works at $267,247 (46% under asking), or at 71% down.
Rent $2,906/mo: zip market median for this bed count.
Beds
3
Baths
2
Sqft
1,608
Year Built
2004
Days on Market
1
Property Type
Manufactured
HOA/mo
$185
MLS ID
NDP2610173
This property is in Oceanside (92057). Browse neighborhood analytics →
About This Property
This Beautiful 2004 ‘Clayton’ 1600 FT, 3 Bedrooms, 2 Bath (Full and ¾) Home resides within San Luis Rey Homes 55 + ‘Resident Owned’ Community. LAND Ownership is involved. There is NO SPACE RENT. The Monthly Maintenance Fee is just $185.00 & covers Trash, Sewer, WATER & Grounds Maintenance. The Washer and Dryer and Refrigerator can remain. Home has a large Living Room/Dining Area. Spacious Kitchen, Central A/C. 2 Outdoor Sheds. The Community offers a Weight Room, 2 Club Houses, Large Event Room, Billard’s Room, Library, Kitchen. Laundromat. SLRH is approximately 4 ½ miles from the Oceanside Coast (Harbor/Pier) Walking distance to the historic Mission San Luis Rey & about ½ mile to the San Luis Rey River Bike Trail (to the Coast). Plenty of nearby Shopping. Ralphs, Vons, Walmart, Albertsons, Stater Bros, CVC/Walgreens, Lowes for example. Medical - Scripps Coastal, Kaiser, VA Clinic are nearby.
Mortgage Calculator
Est. Monthly Payment
$3,574
Comparable Properties
5 comps foundThis Property
$2,906
Comp Average
$3,530
1491 Puritan Way
3bd / 2ba · 1,680 sqft · Single Family
$540K
Est. $3,945/mo
3621 Vista Campana
2bd / 2ba · 1,635 sqft · Single Family
$600K
Est. $3,767/mo
3747 Vista Campana
2bd / 2ba · 1,600 sqft · Single Family
$625K
Est. $3,717/mo
1683 Bronco
3bd / 2.5ba · 1,543 sqft · Single Family
$765K
Est. $3,892/mo
1486 Puritan
2bd / 2ba · 1,936 sqft · Manufactured
$585K
Est. $2,328/mo
Comps based on same zip code, similar beds (±1), price range (60-150%).
Investment Score
Zip market median for this bed count
Thin data: no closed leases like this one nearby.
Rent − PITIA
Incl. vacancy, PM, maint, capex
What would make this work?
$1,749/mo short at 20% down; 71% down or +$2,271/mo rent closes it.
- Break-even price
- $267,247
- Break-even rent
- $5,177/mo
- Cashflow at 35% down
- −$1,233/mo
- Down payment to break even
- 71%
- Rate to break even
- Not reachable
46% under asking
$2,271/mo above the estimate
$351,450 cash
Negative even at a 0% loan
Need ≥ 1.25 for DSCR loan
Lower = better for investors
* Modelled at 20% down, 7.43% 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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