Back to listings
2434 Smokewood
1 / 20

2434 Smokewood

Btop 30%

Escondido, CA 92026

$669,000
STR limited · Escondido pilot, owners only · TOT 10%

Pass at asking: -$2,736/mo full cashflow at 20% down, 7.36% rate.

Works at $310,891 (54% under asking), or at 80% down.

Rent $3,086/mo from 8 leases of 1–3 bed houses in 92026 ($2,707–$3,069).

Beds

2

Baths

2

Sqft

1,054

Year Built

1986

Days on Market

55

Property Type

Single Family

HOA/mo

N/A

MLS ID

WS26204639

This property is in Escondido (92026). Browse neighborhood analytics →

About This Property

**Seller is offering a $10,000 Credit for Interest Rate Buy Down or Closing Costs**Completely remodeled single family home with no shared walls. Move in ready, 2 bedrooms 2 full bathrooms central heat and air 2 car garage and driveway parking with spacious backyard. Upgrades included: New kitchen cabinets; New kitchen countertops; New appliances; New flooring throughout the home; Fresh interior and exterior paint; All new light fixtures; New interior doors; Updated bathrooms; Newer sliding glass door and several windows have just been replaced. Refrigerator is not included with the sale. **Interior Photos have been virtually enhanced with staged furniture.** Property is not located in an HOA community.***Accepting Back-Up Offers

Mortgage Calculator

Est. Monthly Payment

$4,555

Principal & Interest$3,691
Property Tax$669
Insurance$195
%($133,800)
%
Loan Term

Location

Loading map...

Zoned Schools

  • Elementary

    Reidy Creek Elementary · grades K-5 · Escondido Union

  • Middle

    Rincon Middle · grades 6-8 · Escondido Union

  • High

    Escondido High · grades 9-12 · Escondido Union High

The district's assigned schools for this parcel, from its attendance boundaries and rules. Boundaries change: confirm with the district before you buy.

Comparable Properties

5 comps found

This Property

$3,086

vs

Comp Average

$3,005

1635 Toyon Gln

1635 Toyon Gln

2bd / 2ba · 1,056 sqft · Mfd/Mobile Home

$425K

Est. $2,402/mo

1247 Sundown

1247 Sundown

2bd / 2ba · 1,054 sqft · Single Family

$599K

Est. $2,923/mo

8691 Circle R Course Lane

8691 Circle R Course Lane

2bd / 2ba · 1,266 sqft · Single Family

$609K

Est. $3,204/mo

2319 Fair Oak Ct

2319 Fair Oak Ct

2bd / 2ba · 998 sqft · Single Family

$715K

Est. $3,158/mo

1301 Gary Lane

1301 Gary Lane

2bd / 2ba · 1,236 sqft · Single Family

$725K

Est. $3,337/mo

Comps based on same zip code, similar beds (±1), price range (60-150%).

Investment Score

43B
Est. Monthly Rent
$3,086

8 leases of 1–3 bed houses in 92026 · $2,707–$3,069

Blended 50/50 with a property-level estimate

Monthly Cashflow

Rent − PITIA

-$1,469
Full Cashflow

Incl. vacancy, PM, maint, capex

-$2,736

What would make this work?

$2,736/mo short at 20% down; 80% down or +$3,554/mo rent closes it.

Break-even price

54% under asking

$310,891
Break-even rent

$3,554/mo above the estimate

$6,640/mo
Cashflow at 35% down
−$2,044/mo
Down payment to break even

$535,200 cash

80%
Rate to break even

Negative even at a 0% loan

Not reachable
Mortgage (P+I)
$3,691
Cap Rate
1.99%
Cash-on-Cash
-24.54%
DSCR

Need ≥ 1.25 for DSCR loan

0.68
NOI (Annual)
$13,308
Price-to-Rent

Lower = better for investors

18.1

* Modelled at 20% down, 7.36% 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.

Open Full Calculator
BCashflow−$2,736/mo