444 El Camino Real

444 El Camino Real

D

Encinitas, CA 92024

$699,000

Beds

2

Baths

2

Sqft

1,440

Year Built

1969

Days on Market

74

Property Type

Manufactured

HOA/mo

$275

MLS ID

250045388SD

Description

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)
%

Investment Score

5D
Est. Monthly Rent

Zillow Rent Zestimate

$3,558
Monthly Cashflow
$-2,555

Mortgage (P+I)
$3,535
Cap Rate
1.68%
Cash-on-Cash
-21.93%
DSCR

⚠️ Need ≥ 1.25 for DSCR loan

1.01
Break-even Rent
$5,829

NOI (Annual)
$11,750
Price-to-Rent

Lower = better for investors

16.4

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

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