525 El Norte Parkway #54
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525 El Norte Parkway #54

Atop 10%

Escondido, CA 92026

$475,000

Pass at asking: -$1,527/mo full cashflow at 20% down, 7.36% rate.

Works at $275,247 (42% under asking), or at 67% down.

Rent $3,186/mo: zip market median for this bed count.

Beds

3

Baths

2

Sqft

1,325

Year Built

2018

Days on Market

197

Property Type

Manufactured

HOA/mo

$350

MLS ID

NDP2604100

This property is in Escondido (92026). Browse neighborhood analytics →

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About This Property

You own the Land! Exceptional Senior Living in Rancho Escondido! Situated on a quiet cul-de-sac in the desirable Rancho Escondido 55+ Community. This well-maintained 3-bedroom, 2-bath home offers privacy, comfort, and a peaceful setting surrounded by mature landscaping. The spacious floor plan features an open living room, dining and kitchen areas, creating an inviting space for everyday living and entertaining. The large picture windows showcase views of a beautiful mature Magnolia tree, enhancing the home's tranquil atmosphere. The primary Bedroom includes an en-suite bath and private access to a secluded deck bordered by mature hedges—an ideal spot to enjoy your morning coffee or read your book. Two additional bedrooms and a three-quarter guest bath provide flexibility for visitors, hobbies, or a home office. Additional features include an indoor laundry room and pantry storage, a covered carport, large storage shed, and a private outdoor sitting area. Five guest parking spaces are conveniently located adjacent to the home. Rancho Escondido Senior Community has many social activities, 2 pools and 2 clubhouses. Residents enjoy a welcoming neighborhood and convenient access to shopping, dining, medical facilities, and major transportation routes. Realtor is related to the Seller.

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Est. Monthly Payment

$3,584

Principal & Interest$2,621
Property Tax$475
Insurance$139
HOA$350
%($95,000)
%
Loan Term

Location

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Zoned Schools

  • Elementary

    Rock Springs Elementary · grades K-5 · Escondido Union

  • Middle

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

  • High

    Escondido 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

68A
Est. Monthly Rent
$3,186

Zip market median for this bed count

Thin data: no closed leases like this one nearby.

Monthly Cashflow

Rent − PITIA

-$399
Full Cashflow

Incl. vacancy, PM, maint, capex

-$1,527

What would make this work?

$1,527/mo short at 20% down; 67% down or +$1,984/mo rent closes it.

Break-even price

42% under asking

$275,247
Break-even rent

$1,984/mo above the estimate

$5,170/mo
Cashflow at 35% down
−$1,036/mo
Down payment to break even

$318,250 cash

67%
Rate to break even

at 20% down

0.24%

Mortgage (P+I)
$2,621
Cap Rate
3.16%
Cash-on-Cash
-19.29%
DSCR

Need ≥ 1.25 for DSCR loan

0.89

NOI (Annual)
$15,032
Price-to-Rent

Lower = better for investors

12.4

* Modelled at 20% down, 7.36% 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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ACashflow−$1,527/mo