261 Parkside
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261 Parkside

Btop 30%

Escondido, CA 92026

$539,000
STR limited · Escondido pilot, owners only · TOT 10%

An HOA may ban rentals of 30 days or less (Civ. Code §4741): check the CC&Rs.

Pass at asking: -$2,134/mo full cashflow at 20% down, 7.36% rate.

Works at $259,692 (52% under asking), or at 78% down.

Rent $2,844/mo from 8 leases of 1–3 bed condos & townhomes in 92026 ($2,606–$2,994).

Beds

2

Baths

2

Sqft

1,057

Year Built

1974

Days on Market

107

Property Type

Townhouse

HOA/mo

$205

MLS ID

NDP2607104

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

Virtual Tour

About This Property

Escondido Hills single story end unit that has been recently painted with new flooring. This home has an excellent cul-de-sac location between the two association pools. There are expansive views of the greenbelt from the back patio. There is easy access to the generous walking trails throughout the complex. The living room with its vaulted ceilings is located just off the kitchen with breakfast bar. The property has a Sunrun solar contract which can be assumed with qualification.

Mortgage Calculator

Est. Monthly Payment

$3,875

Principal & Interest$2,974
Property Tax$539
Insurance$157
HOA$205
%($107,800)
%
Loan Term

Location

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Zoned Schools

  • Elementary

    North Broadway 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.

Investment Score

51B
Est. Monthly Rent
$2,844

8 leases of 1–3 bed condos & townhomes in 92026 · $2,606–$2,994

Blended 50/50 with the zip's market median ($2,926)

Monthly Cashflow

Rent − PITIA

-$1,031
Full Cashflow

Incl. vacancy, PM, maint, capex

-$2,134

What would make this work?

$2,134/mo short at 20% down; 78% down or +$2,772/mo rent closes it.

Break-even price

52% under asking

$259,692
Break-even rent

$2,772/mo above the estimate

$5,616/mo
Cashflow at 35% down
−$1,576/mo
Down payment to break even

$420,420 cash

78%
Rate to break even

Negative even at a 0% loan

Not reachable

Mortgage (P+I)
$2,974
Cap Rate
2.19%
Cash-on-Cash
-23.76%
DSCR

Need ≥ 1.25 for DSCR loan

0.73

NOI (Annual)
$11,783
Price-to-Rent

Lower = better for investors

15.8

* 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.

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BCashflow−$2,134/mo