444 El Camino Real

444 El Camino Real #23

D

Encinitas, CA 92024

$414,900

Soft Appraisal Value: $658,700 · 37.0% below estimate

Beds

2

Baths

2

Sqft

1,344

Year Built

1970

Days on Market

81

Property Type

Manufactured

HOA/mo

$275

MLS ID

2601128SD

Description

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

$2,909

Principal & Interest$2,098
Property Tax$415
Insurance$121
HOA$275
%($82,980)
%

Investment Score

9D
Est. Monthly Rent
$2,697
Monthly Cashflow

Rent − PITIA

$-212
Full Cashflow

Incl. vacancy, PM, maint, capex

$-1,178

Mortgage (P+I)
$2,098
Cap Rate
2.66%
Cash-on-Cash
-17.03%
DSCR

⚠️ Need ≥ 1.25 for DSCR loan

0.93
Break-even Rent
$4,227

NOI (Annual)
$11,040
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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