620 Meadow Grove Place
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620 Meadow Grove Place

C

Escondido, CA 92027

$950,000
NEW — 7d

Beds

4

Baths

3

Sqft

2,010

Year Built

1978

Days on Market

7

Property Type

Single Family

HOA/mo

N/A

MLS ID

JT26101730

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

About This Property

Perfect family home located on a cul-de-sac within walking distance to Orange Glen Elementary, Quantum Academy, Hidden Valley Middle School, and Orange Glen High School. 2 primary bedrooms with ensuites and walk in closets, additional bedroom with walk in closet, and another bedroom that could be used as an office. 1 more bathroom in the hallway. House has a wood burning or gas fireplace in the living room and an electric fireplace in the back primary. 2 car garage, and RV parking on the side of the house behind the gate. House was remodeled with a new kitchen and bathrooms, new electrical and new roof in 2015. Brazil kitchen countertops with Egyptian stone bathroom countertops. Kitchen has a large gas stovetop with separate oven and microwave. Fully finished garage with painted floors. This is simply a preview of move to come on the listing. Seller is owner. Buyer to verify all information in listing.

Mortgage Calculator

Est. Monthly Payment

$6,031

Principal & Interest$4,804
Property Tax$950
Insurance$277
%($190,000)
%

Location

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Investment Score

32C
Est. Monthly Rent
$4,275
Monthly Cashflow

Rent − PITIA

$-1,756
Full Cashflow

Incl. vacancy, PM, maint, capex

$-3,531

Mortgage (P+I)
$4,804
Cap Rate
1.61%
Cash-on-Cash
-22.30%
DSCR

Need ≥ 1.25 for DSCR loan

0.71
Break-even Rent
$8,860

NOI (Annual)
$15,277
Price-to-Rent

Lower = better for investors

18.5

* 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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