3428 Spindrift Court

Ctop 80%

Oceanside, CA 92058

$899,000

NEW — 0d

Pass at asking: -$3,960/mo full cashflow at 20% down, 7.43% rate.

Works at $383,350 (57% under asking), or at 84% down.

Rent $3,824/mo from 14 leases of 2–4 bed houses within 2 mi ($3,611–$4,068).

Beds

Baths

Sqft

1,476

Year Built

1988

Days on Market

Property Type

Single Family

HOA/mo

N/A

MLS ID

NDP2610079

This property is in Oceanside (92058). Browse neighborhood analytics →

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About This Property

Single-story 3 bedroom, 2 bath home with a 3-car garage on a level 7,967 sq ft lot, with no HOA dues. Vaulted ceilings and dark wood-style floors run through the main living areas, with a fireplace in the living room. The white kitchen features granite counters, stainless appliances and an island, with French doors to the back. The primary suite opens to the yard and includes a walk-in closet and dual sinks. Outside - a pergola-covered patio, mature landscaping and room to enjoy it all.

Mortgage Calculator

Est. Monthly Payment

$6,156

Principal & Interest$4,994

Property Tax$899

Insurance$262

Down Payment

%($179,800)

Interest Rate

Loan Term

Location

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Comparable Properties

5 comps found

This Property

$3,824

Comp Average

$3,766

117 Playa Del Rey

3bd / 2ba · 1,510 sqft · Single Family

$750K

Est. $3,861/mo

4422 Arbor Cove Circle

3bd / 2ba · 1,318 sqft · Single Family

$799K

Est. $3,651/mo

703 Chimney Rock Dr

3bd / 2ba · 1,252 sqft · Single Family

$840K

Est. $3,678/mo

4436 Point Vicente

3bd / 2ba · 1,260 sqft · Single Family

$829K

Est. $3,619/mo

3325 Ricewood Drive

3bd / 2.5ba · 1,725 sqft · Single Family

$945K

Est. $4,020/mo

Comps based on same zip code, similar beds (±1), price range (60-150%).

Investment Score

27C

Est. Monthly Rent

$3,824

14 leases of 2–4 bed houses within 2 mi · $3,611–$4,068

Blended 50/50 with the zip's market median ($3,935)

Monthly Cashflow

Rent − PITIA

-$2,331

Full Cashflow

Incl. vacancy, PM, maint, capex

-$3,960

What would make this work?

$3,960/mo short at 20% down; 84% down or +$5,143/mo rent closes it.

Break-even price: $383,350
Break-even rent: $8,967/mo
Cashflow at 35% down: −$3,024/mo
Down payment to break even: 84%
Rate to break even: Not reachable

Mortgage (P+I)

$4,994

Cap Rate

1.64%

Cash-on-Cash

-26.43%

DSCR

Need ≥ 1.25 for DSCR loan

0.62

NOI (Annual)

$14,706

Price-to-Rent

Lower = better for investors

19.6

* 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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CCashflow−$3,960/mo