669 Copper

669 Copper

Btop 30%

Vista, CA 92083

$529,900
NEW — 0d

Pass at asking: -$2,415/mo full cashflow at 20% down, 7.43% rate.

Works at $215,491 (59% under asking), or at 86% down.

Rent $2,773/mo from 10 leases of 1–3 bed condos & townhomes within 1 mi ($2,512–$3,095).

Beds

2

Baths

1.5

Sqft

1,159

Year Built

1980

Days on Market

0

Property Type

Townhouse

HOA/mo

$480

MLS ID

260026512SD

This property is in Vista (92083). Browse neighborhood analytics →

About This Property

Ideally located in North County San Diego, this updated 2-bedroom, 1.5-bath townhome offers convenient access to the beach, shopping, dining, entertainment, parks and local amenities. Easy connections to the 78, 5 & a short drive to the coast, the property offers an opportunity to enjoy the Southern California lifestyle. Residents can also enjoy the community pool, spa and clubhouse. Recent improvements include new windows and sliding doors, waterproof LVP flooring throughout the home, new carpet on the stairs and fresh interior paint throughout. The alcove features new cabinetry and countertops, complemented by new electrical outlets, switches and light fixtures. A tankless water heater adds convenience, while a fireplace with a stone accent wall brings character to the living area. A custom mirrored wall brightens and accentuates the living and dining spaces. New matching ceiling fans serve the living room and both upstairs bedrooms, including the oversized secondary bedroom with a vaulted ceiling. New farmhouse-style closet doors in the downstairs hallway, new exhaust fans in both bathrooms, a refrigerator and garbage disposal round out the updates. The HOA replaced the roof approximately four years ago. The garage has been converted into an additional room currently configured as a guest room and playroom, featuring heat, a fan, multiple electrical outlets and a closet. Plentiful built-in wall storage and a workbench add utility. With numerous upgrades and community amenities, this townhome offers comfort and versatility close to North County attractions.

Mortgage Calculator

Est. Monthly Payment

$4,108

Principal & Interest$2,944
Property Tax$530
Insurance$155
HOA$480
%($105,980)
%
Loan Term

Location

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Investment Score

41B
Est. Monthly Rent
$2,773

10 leases of 1–3 bed condos & townhomes within 1 mi · $2,512–$3,095

Blended 50/50 with the zip's market median ($2,532)

Monthly Cashflow

Rent − PITIA

-$1,336
Full Cashflow

Incl. vacancy, PM, maint, capex

-$2,415

What would make this work?

$2,415/mo short at 20% down; 86% down or +$3,136/mo rent closes it.

Break-even price

59% under asking

$215,491
Break-even rent

$3,136/mo above the estimate

$5,909/mo
Cashflow at 35% down
−$1,863/mo
Down payment to break even

$455,714 cash

86%
Rate to break even

Negative even at a 0% loan

Not reachable

Mortgage (P+I)
$2,944
Cap Rate
1.51%
Cash-on-Cash
-27.35%
DSCR

Need ≥ 1.25 for DSCR loan

0.67

NOI (Annual)
$8,009
Price-to-Rent

Lower = better for investors

15.9

* 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−$2,415/mo