2990 Burnet Drive
Btop 30%Escondido, CA 92027
Pass at asking: -$3,724/mo full cashflow at 20% down, 7.43% rate.
Works at $515,271 (48% under asking), or at 74% down.
Rent $5,373/mo from 8 leases of 3–5 bed houses within 2 mi ($5,756–$6,150).
Beds
4
Baths
3
Sqft
3,121
Year Built
2006
Days on Market
0
Property Type
Single Family
HOA/mo
$180
MLS ID
NDP2610119
This property is in Escondido (92027). View neighborhood stats →
About This Property
HOME FOR THE HOLIDAYS!!! This Beautiful Home in Eureka Spring is waiting for you!! Light, bright and move-in ready, this spacious corner-lot home offers 4 bedrooms / 3 full baths. 3-car garage, a versatile floor plan designed for comfortable living and entertaining. The 1st floor features beautiful tile flooring, a spacious living room/family room & separate den, both with its own gas fireplace, a well-appointed kitchen with a large center island, breakfast bar, stainless-steel appliances, 4-burner gas range with grill, dishwasher, double-door refrigerator, abundant cabinetry and storage. A main-level bedroom and full bath, along with the office/bonus room, provide flexibility for guests, a home office, study, playroom or additional living space. Upstairs, the spacious primary suite features two walk-in closets, a deep soaking tub, separate shower and dual vanities. Two additional bedrooms, a Jack-and-Jill bathroom and a separate laundry room to complete the upper level. Enjoy year-round comfort with central heating and dual air conditioning, separate controls for each level. The spacious backyard & patio are conveniently located just off the kitchen, creating an inviting setting for outdoor dining and entertaining. Fire sprinkler system throughout house. The 3-car garage offers plenty of parking and storage. Conveniently located near shopping, dining, entertainment, parks, playgrounds, dog parks, walking trails, Lake Dixon, the San Diego Zoo Safari Park, and major freeways including I-15 and SR-78.
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Est. Monthly Payment
$7,027
Location
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Comparable Properties
5 comps foundThis Property
$5,373
Comp Average
$5,025

399 Coleman Court
4bd / 3.5ba · 2,920 sqft · Single Family
$1.08M
Est. $5,021/mo
3476 Butler Pl
4bd / 2.5ba · 2,620 sqft · Single Family
$1.10M
Est. $5,210/mo
3320 Wild Oak Ln
4bd / 3ba · 2,587 sqft · Single Family
$1.13M
Est. $4,965/mo
3147 Butler Place
4bd / 2.5ba · 2,620 sqft · Single Family
$1.16M
Est. $4,982/mo
1830 Idaho Avenue
4bd / 3ba · 2,856 sqft · Single Family
$1.55M
Est. $4,947/mo
Comps based on same zip code, similar beds (±1), price range (60-150%).
Investment Score
8 leases of 3–5 bed houses within 2 mi · $5,756–$6,150
Blended 50/50 with the zip's market median ($4,661)
Rent − PITIA
Incl. vacancy, PM, maint, capex
What would make this work?
$3,724/mo short at 20% down; 74% down or +$4,836/mo rent closes it.
- Break-even price
- $515,271
- Break-even rent
- $10,209/mo
- Cashflow at 35% down
- −$2,682/mo
- Down payment to break even
- 74%
- Rate to break even
- Not reachable
48% under asking
$4,836/mo above the estimate
$739,996 cash
Negative even at a 0% loan
Need ≥ 1.25 for DSCR loan
Lower = better for investors
* Modelled at 20% down, 7.43% 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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