505 San Pasqual Valley Road #166
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505 San Pasqual Valley Road #166

Btop 30%

Escondido, CA 92027

$449,700
STR limited · Escondido pilot, owners only · TOT 10%

An HOA may ban rentals of 30 days or less (Civ. Code §4741): check the CC&Rs.

Pass at asking: -$2,136/mo full cashflow at 20% down, 7.43% rate.

Works at $171,604 (62% under asking), or at 89% down.

Rent $2,622/mo from 10 leases of 2-bed condos & townhomes within 1 mi ($2,289–$2,746).

Beds

2

Baths

2

Sqft

992

Year Built

1987

Days on Market

45

Property Type

Condo

HOA/mo

$701

MLS ID

NDP2608903

This property is in Escondido (92027). View neighborhood stats →

Virtual Tour

About This Property

Seller will pay SIX months of HOA dues to Buyer or assist with an Interest Rate-Buy Down. HOA includes water and trash. VA APPROVED! Welcome to 505 San Pasqual Valley Rd UNIT 166. As you step inside, you'll be greeted by an open floor plan that seamlessly connects the living areas. The interior boasts quartz countertops, a subway style backsplash, high-arc pull-down faucet, and stainless-steel appliances that add a touch of elegance to your everyday meals. The kitchen also features cabinets with a Lazy Susan for easy access and organization. The property houses two spacious bedrooms equipped with walk-in closets, providing ample storage space. The primary bathroom is tastefully designed a floating vanity, rain shower, and jacuzzi tub for those relaxing end-of-the-day soaks. For convenience, this home comes with a stackable full-size washer and dryer and is cooled by an HVAC system and ceiling fans ensuring additional comfort throughout the year. Outside, residents will appreciate their own carport parking space and the community pool. Situated in Escondido, this unit gives you access to all that this vibrant city has to offer. From local eateries serving up international cuisines to various shopping centers catering to all your retail needs – everything is within reach. Nature enthusiasts will enjoy nearby parks offering trails for hiking or biking while art lovers can explore local galleries. Whether you're seeking tranquility or want to stay connected with the city's pulse – this home could be just what you're looking for.

Mortgage Calculator

Est. Monthly Payment

$3,780

Principal & Interest$2,498
Property Tax$450
Insurance$131
HOA$701
%($89,940)
%
Loan Term

Location

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Zoned Schools

  • Elementary

    Central Elementary · grades K-5 · Escondido Union

  • Middle

    Del Dios Academy of Arts and Sciences · grades 6-8 · Escondido Union

  • High

    Orange Glen High · grades 9-12 · Escondido Union High

The district's assigned schools for this parcel, from its attendance boundaries and rules. Boundaries change: confirm with the district before you buy.

Investment Score

42B
Est. Monthly Rent
$2,622

10 leases of 2-bed condos & townhomes within 1 mi · $2,289–$2,746

Blended 50/50 with the zip's market median ($2,772)

Monthly Cashflow

Rent − PITIA

-$1,158
Full Cashflow

Incl. vacancy, PM, maint, capex

-$2,136

What would make this work?

$2,136/mo short at 20% down; 89% down or +$2,774/mo rent closes it.

Break-even price

62% under asking

$171,604
Break-even rent

$2,774/mo above the estimate

$5,396/mo
Cashflow at 35% down
−$1,667/mo
Down payment to break even

$400,233 cash

89%
Rate to break even

Negative even at a 0% loan

Not reachable

Mortgage (P+I)
$2,498
Cap Rate
1.32%
Cash-on-Cash
-28.50%
DSCR

Need ≥ 1.25 for DSCR loan

0.69

NOI (Annual)
$5,923
Price-to-Rent

Lower = better for investors

14.3

* Modelled at 20% down, 7.43% rate, 30yr · vacancy 8% · PM 10% · capex 5% · maintenance 1%/yr.

Estimates only. Not financial advice. Verify all figures independently with a licensed professional before making any investment decision.

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BCashflow−$2,136/mo