444 El Camino Real

444 El Camino Real #SPC 42

D

Encinitas, CA 92024

$429,000

Soft Appraisal Value: $658,700 · 34.9% below estimate

Beds

3

Baths

2

Sqft

1,344

Year Built

1971

Days on Market

76

Property Type

Manufactured

HOA/mo

$275

MLS ID

260001490SD

View on MLS

Description

Located in the highly desirable land-owned Park Encinitas. This community is truly a gem not to be missed. Large 3 bed 2 full-bath, well maintained home. Large open floor plan with tons of natural light. New Electrical panel, Two large outdoor locking storage units, Refrigerator, laundry washer/dryer included. Move-in ready Senior 55+. Where else can you own a private lot in this idyllic beach town for $450,000. Don't let this opportunity get away.

Mortgage Calculator

Est. Monthly Payment

$2,998

Principal & Interest$2,169
Property Tax$429
Insurance$125
HOA$275
%($85,800)
%

Investment Score

10D
Est. Monthly Rent
$2,789
Monthly Cashflow

Rent − PITIA

$-209
Full Cashflow

Incl. vacancy, PM, maint, capex

$-1,208

Mortgage (P+I)
$2,169
Cap Rate
2.69%
Cash-on-Cash
-16.90%
DSCR

⚠️ Need ≥ 1.25 for DSCR loan

0.93
Break-even Rent
$4,358

NOI (Annual)
$11,532
Price-to-Rent

Lower = better for investors

12.8

* 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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