3454 Thunder Oceanside

3454 Thunder Oceanside

D

, CA 92056

$465,000
NEW — 4d on market

Beds

2

Baths

1

Sqft

866

Year Built

1974

Days on Market

4

Property Type

Condo

HOA/mo

$420

MLS ID

OC26032152

View on MLS

Description

Coastal living in beautiful Oceanside. This 2 bedroom, 1 bath condominium is a single level home with easy front door access on ground level. No one lives above or below you. Home has been remodeled with new LVP flooring, updated bathroom, newly added dual pane windows, updated HVAC unit and newer appliances. HOA pays for water, sewer, trash, termite and outside maintenance. One car detached garage with one dedicated open parking space. Laundry room is conveniently located to the home. This community is located in the highly desirable Carlsbad School District. Just minutes from shopping, dining and the beach. Also close by is Costco, Target, Trader Joes, Home Depot and the Tri-City Medical Center. Great opportunity for first time buyer, downsizing, military, or as a turn-key investment. VA approved community.

Mortgage Calculator

Est. Monthly Payment

$3,372

Principal & Interest$2,351
Property Tax$465
Insurance$136
HOA$420
%($93,000)
%

Investment Score

11D
Est. Monthly Rent

Market Rent Estimate

$2,498
Monthly Cashflow

Rent − PITI − HOA

$-874
Full Cashflow

Incl. vacancy, PM, maint, capex

$-1,836

Mortgage (P+I)
$2,351
Cap Rate
1.33%
Cash-on-Cash
-11.28%
DSCR

⚠️ Need ≥ 1.25 for DSCR loan

1.06
Break-even Rent
$3,372

NOI (Annual)
$6,180
Price-to-Rent

Lower = better for investors

15.5

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

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