29723 Platanus Drive

29723 Platanus Drive

Btop 30%

Escondido, CA 92026

$750,000
NEW — 0d
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: -$2,839/mo full cashflow at 20% down, 7.36% rate.

Works at $378,560 (50% under asking), or at 75% down.

Rent $3,919/mo from 4 leases of 3-bed houses in 92026 ($3,384–$3,695).

Beds

3

Baths

2

Sqft

1,582

Year Built

2000

Days on Market

0

Property Type

Single Family

HOA/mo

$125

MLS ID

PTP2608402

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

Virtual Tour

About This Property

Welcome to 29723 Platanus, a 3-bedroom, 2-bath single-family home with 1,582 sq ft on a 0.10-acre lot with no neighbor behind and mountain views from the backyard. Major systems are already done: new furnace, new A/C, 2026 water heater, and new windows with a lifetime warranty, plus a water softener. Two-story ceilings, crown molding, and a stone-surround fireplace define the living room, where a tall arched window frames the hillside. The kitchen has butcher block countertops, a stone-look tile backsplash, a stainless steel gas range, and a breakfast bar open to the dining area. The primary suite includes a walk-in closet and an updated bath with a dual vanity, lighted mirror, and a walk-in shower with floor-to-ceiling tile. A sliding glass door with a built-in pet door opens to a turf yard, concrete patio, and screened pergola. Two-car garage. HOA amenities include a pool, spa, and tennis court. Propane home with leased tank.

Mortgage Calculator

Est. Monthly Payment

$5,232

Principal & Interest$4,138
Property Tax$750
Insurance$219
HOA$125
%($150,000)
%
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

47B
Est. Monthly Rent
$3,919

4 leases of 3-bed houses in 92026 · $3,384–$3,695

Blended 50/50 with the zip's market median ($4,291)

Monthly Cashflow

Rent − PITIA

-$1,313
Full Cashflow

Incl. vacancy, PM, maint, capex

-$2,839

What would make this work?

$2,839/mo short at 20% down; 75% down or +$3,687/mo rent closes it.

Break-even price

50% under asking

$378,560
Break-even rent

$3,687/mo above the estimate

$7,606/mo
Cashflow at 35% down
−$2,063/mo
Down payment to break even

$562,500 cash

75%
Rate to break even

Negative even at a 0% loan

Not reachable

Mortgage (P+I)
$4,138
Cap Rate
2.39%
Cash-on-Cash
-22.71%
DSCR

Need ≥ 1.25 for DSCR loan

0.75

NOI (Annual)
$17,935
Price-to-Rent

Lower = better for investors

15.9

* 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−$2,839/mo