444 El Camino Real

444 El Camino Real

D

Encinitas, CA 92024

$460,000

Beds

2

Baths

2

Sqft

1,328

Year Built

1970

Days on Market

113

Property Type

Manufactured

HOA/mo

$285

MLS ID

NDP2510413

Description

Welcome to the vibrant and sought after 55+ RESIDENT LAND OWNED mobile home community at Park Encinitas (NO SPACE RENT)! This move in ready 2-bedroom, 2-bathroom corner lot home offers a comfortable and convenient lifestyle. The home is nestled in a 55+ Age-Restricted Community, ensuring a lively and engaging environment. The community offers a pool and spa for relaxation, and a clubhouse equipped with a library, billiards, kitchen, shuffleboard, and gym for your leisure and convenience. The interior of the home has been freshly painted and is equipped with air conditioning, laminate flooring in the main living areas, carpet in the bedrooms, and all necessary appliances, providing a hassle-free living experience. The property also includes a large front deck, a side yard, a 2-car tandem covered parking spot and a detached shed for additional storage.

Mortgage Calculator

Est. Monthly Payment

$3,205

Principal & Interest$2,326
Property Tax$460
Insurance$134
HOA$285
%($92,000)
%

Investment Score

20D
Est. Monthly Rent

Zillow Rent Zestimate

$3,558
Monthly Cashflow
$-849

Mortgage (P+I)
$2,326
Cap Rate
3.85%
Cash-on-Cash
-11.07%
DSCR
1.53
Break-even Rent
$4,122

NOI (Annual)
$17,728
Price-to-Rent

Lower = better for investors

10.8

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

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