444 El Camino Real

444 El Camino Real

D

Encinitas, CA 92024

$439,900

Beds

2

Baths

2

Sqft

1,344

Year Built

1970

Days on Market

36

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

$3,068

Principal & Interest$2,224
Property Tax$440
Insurance$128
HOA$275
%($87,980)
%

Investment Score

25D
Est. Monthly Rent

Zillow Rent Zestimate

$3,558
Monthly Cashflow
$-694

Mortgage (P+I)
$2,224
Cap Rate
4.17%
Cash-on-Cash
-9.47%
DSCR
1.60
Break-even Rent
$3,968

NOI (Annual)
$18,362
Price-to-Rent

Lower = better for investors

10.3

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

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