2700 Valley Parkway
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2700 Valley Parkway #64

A

Escondido, CA 92027

$349,999
NEW — 2d

Beds

3

Baths

2

Sqft

1,444

Year Built

2018

Days on Market

2

Property Type

Mfd/Mobile Home

HOA/mo

N/A

MLS ID

NDP2604317

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

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About This Property

Seller says "Make an Offer!" Newer 3 bed / 2 bath built in 2018 and located in an ANY Age / Family community! Feel good about reducing your carbon footprint and lowering your impact on the environment while you reap the benefits of reduced energy costs due to the SOLAR installed on this home. Buyer to assume solar loan and monthly payments of approx. $247, which have replaced a much higher monthly electricity bill. As one more added benefit, the homeowner receives a reimbursement for solar energy not used by True Bill annually. This beautiful home boasts an open floorplan with a lovely Island Kitchen with stainless steel appliances, recessed lighting and a spacious dining bar. The Primary Suite offers a walk in closet and an ensuite Bathroom with double sinks and a separate tub and shower. This Cavco “Sedona Ridge” has many factory upgrades including vaulted ceilings, crown and baseboard molding, cornice window boxes, wood window sills, lever door handles and switches, and so much more! 4 ceiling fans in addition to Central A/C for comfort. The exterior offers a front porch, spacious covered carport for up to 3 vehicles, and a convenient storage shed. Monthly space rent is only $1,039.63 per month! Community offers social activities and many amenities including a clubhouse, pool, spa, basketball court, game room, work out room, billiards, dog park, and much more! This community has no age restrictions and allows 2 indoor pets per household (breed restrictions apply).

Mortgage Calculator

Est. Monthly Payment

$2,222

Principal & Interest$1,770
Property Tax$350
Insurance$102
%($70,000)
%

Location

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Investment Score

79A
Est. Monthly Rent
$2,275
Monthly Cashflow

Rent − PITIA

+$53
Full Cashflow

Incl. vacancy, PM, maint, capex

$-762

Mortgage (P+I)
$1,770
Cap Rate
3.46%
Cash-on-Cash
-13.06%
DSCR

Need ≥ 1.25 for DSCR loan

1.02
Break-even Rent
$3,264

NOI (Annual)
$12,097
Price-to-Rent

Lower = better for investors

12.8

* Defaults: 20% down, 6.5% rate, 30yr.

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

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