444 El Camino Real
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444 El Camino Real #SPC 110

C

Encinitas, CA 92024

$699,000

Soft Appraisal Value: $654,200 · 6.8% above estimate

Beds

2

Baths

2

Sqft

1,440

Year Built

1969

Days on Market

163

Property Type

Manufactured

HOA/mo

$275

MLS ID

250045388SD

This property is in Encinitas (92024). View neighborhood stats →

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About This Property

Possibly the best lot in Park Encinitas. Last house on the only single loaded street in Park Encinitas offers ultimate privacy and panoramic views. Home was tastefully and extensively remodeled in 2021 with new paint in and out, new laminate flooring, new A/C, new water heater, New Bosch dishwasher, molding and much more. Home is situated directly adjacent from private (community) garden. Senior 55+ land owned community. Where else can you own a private view lot in this idyllic beach town for less than $800,000. Don't let this opportunity get away.

Mortgage Calculator

Est. Monthly Payment

$4,712

Principal & Interest$3,535
Property Tax$699
Insurance$204
HOA$275
%($139,800)
%

Location

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Investment Score

43C
Est. Monthly Rent
$3,576
Monthly Cashflow

Rent − PITIA

$-1,137
Full Cashflow

Incl. vacancy, PM, maint, capex

$-2,542

Mortgage (P+I)
$3,535
Cap Rate
1.70%
Cash-on-Cash
-21.82%
DSCR

Need ≥ 1.25 for DSCR loan

0.76
Break-even Rent
$6,877

NOI (Annual)
$11,916
Price-to-Rent

Lower = better for investors

16.3

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

Estimates only. Not financial advice. Verify all figures independently with a licensed professional before making any investment decision.

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