29516 Welk Highland Dr
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29516 Welk Highland Dr

Dbottom 20%

Escondido, CA 92026

$2,699,800
STR: check · HOA rules unknown · TOT 8%

HOA rules unknown: an HOA can ban stays under 30 days (Civ. Code §4741), and no permit on file shows this one allows them. Get the CC&Rs.

Pass at asking: -$15,810/mo full cashflow at 20% down, 7.36% rate.

Works at $630,922 (77% under asking); even all cash loses money at asking.

Rent $6,619/mo from 6 leases of 4-bed houses in 92026 ($6,038–$6,722).

Beds

4

Baths

4.5

Sqft

4,196

Year Built

2008

Days on Market

102

Property Type

Single Family

HOA/mo

$275

MLS ID

NDP2607274

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

Virtual Tour

About This Property

Beautiful, gorgeous, one-story custom home in a gated Rimrock Estates for sale. The house is on the top of the mountain in Escondido with 2.3 acres of land and a 330-degree, absolutely breathtaking, awesome view. You can see the beautiful golf course, the mountains, the hills, the ocean, and Catalina Island. Mt. Baldy and Big Bear. The setting is beyond spectacular! Professionally designed gorgeous landscaping with a waterfall and fruit trees, great for world-class entertaining! Very quiet and peaceful place to live. Open space and very high ceilings, huge living room, family room, and kitchen spaces. Large master bedroom with a walk-in closet and a spacious bathroom with a hot tub and large walk-in shower... other bedrooms and pluses an office... ceiling fans and a 4-car garage. The community pool, tennis courts, and golf courts. The house is well insulated from hot air and cold air to keep the house not hot in the summer and not cold in the winter either. Easy access to Freeway 15, close to Costco, shopping centers, Escondido downtown, grocery stores, banks, restaurants, and the art center. The house with solar saves you a lot of money on electricity bills. Come see the house; you will love it. Please 858 at 322 at 3298. There’s another awesome thing with this house: a detached guest house with a cooking area and office desk. You can rent it out or use it for guests.

Mortgage Calculator

Est. Monthly Payment

$18,658

Principal & Interest$14,895
Property Tax$2,700
Insurance$787
HOA$275
%($539,960)
%
Loan Term

Location

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Zoned Schools

  • High

    Valley Center High · grades 9-12 · Valley Center-Pauma Unified

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

0D
Est. Monthly Rent
$6,619

6 leases of 4-bed houses in 92026 · $6,038–$6,722

Blended 50/50 with a property-level estimate

Monthly Cashflow

Rent − PITIA

-$12,038
Full Cashflow

Incl. vacancy, PM, maint, capex

-$15,810

What would make this work?

$15,810/mo short at 20% down; +$20,533/mo rent closes it.

Break-even price

77% under asking

$630,922
Break-even rent

$20,533/mo above the estimate

$27,152/mo
Cashflow at 35% down
−$13,018/mo
Down payment to break even

Negative even all-cash

Not reachable
Rate to break even

Negative even at a 0% loan

Not reachable

Mortgage (P+I)
$14,895
Cap Rate
-0.26%
Cash-on-Cash
-35.14%
DSCR

Need ≥ 1.25 for DSCR loan

0.35

NOI (Annual)
-$7,009
Price-to-Rent

Lower = better for investors

34.0

* 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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DCashflow−$15,810/mo