444 El Camino Real
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444 El Camino Real #23

A

Encinitas, CA 92024

$399,900
NEW — 0d

Beds

2

Baths

2

Sqft

1,344

Year Built

1970

Days on Market

0

Property Type

Manufactured

HOA/mo

$275

MLS ID

260014338SD

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

About This Property

Offered at less than land value! Please call agent for appointment to view. Located in the highly desirable "Park Encinitas" where you own your land. This 2 bedroom, 2 bath with den/office/3rd bedroom home has an open, flowing floor plan and lots of light. Upgraded with double pane energy efficient windows and slider. Great breezes and a large entry patio. Great 55+ community with pool, spa, Club House, Social Club activities, library, kitchen, billiard room picnic area, shuffleboard, and RV parking is available, Two Pets allowed. Convenient central location in Encinitas, a short distance to a medical complex, shopping, services, parks, and a great Senior Center. Freeways and beaches are within 3 miles. One Resident must be 55+ and others 45+ unless a Dr. prescribed live-in. Low $275 HOA. Extra room is an enclosed patio that was being rented as a bedroom or could be used as an office etc.

Mortgage Calculator

Est. Monthly Payment

$2,814

Principal & Interest$2,022
Property Tax$400
Insurance$117
HOA$275
%($79,980)
%

Location

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Investment Score

69A
Est. Monthly Rent
$2,599
Monthly Cashflow

Rent − PITIA

$-215
Full Cashflow

Incl. vacancy, PM, maint, capex

$-1,146

Mortgage (P+I)
$2,022
Cap Rate
2.63%
Cash-on-Cash
-17.19%
DSCR

Need ≥ 1.25 for DSCR loan

0.92
Break-even Rent
$4,087

NOI (Annual)
$10,513
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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