802 El Caballo Dr
Ctop 80%Oceanside, CA 92057
Pass at asking: -$5,077/mo full cashflow at 20% down, 7.43% rate.
Works at $467,964 (59% under asking), or at 85% down.
Rent $4,771/mo from 10 leases of 4-bed houses within 0.5 mi ($4,653–$5,305).
Beds
4
Baths
2.5
Sqft
2,684
Year Built
2001
Days on Market
0
Property Type
Single Family
HOA/mo
$80
MLS ID
260026533SD
This property is in Oceanside (92057). Browse neighborhood analytics →
About This Property
Beautifully Remodeled Two-Story Home--Move-In Ready! Welcome to 802 El Caballo Drive, a beautifully updated home featuring 4 bedrooms, a spacious loft, and 2.5 bathrooms in the popular Sonoma Hills community. Ideally located near schools, parks, shopping, dining, beaches, and convenient freeway access, this home offers an exceptional blend of comfort, style, and coastal living. The inviting interior features luxury vinyl plank and tile flooring, beautifully remodeled bathrooms, and fresh paint inside and out. The chef-inspired kitchen showcases quartz waterfall countertops, new white shaker cabinetry, new stainless steel appliances, and a designer tile backsplash. A cozy fireplace anchors the bright, open family room, creating a welcoming space for everyday living and entertaining. The spacious primary suite features a high ceiling, a walk-in closet, and an ensuite bathroom with dual vessel sinks, a separate shower, and a soaking tub. Additional highlights include a separate laundry room with a washer and dryer, a three-car garage with new epoxy flooring, and additional driveway parking. Enjoy convenient access to bike trails, Bonsall West Elementary School, Luiseno Park, and Arrowhead Golf Course, along with low HOA dues. This beautifully renovated home is ready to welcome its new owners!
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Est. Monthly Payment
$7,810
Location
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Comparable Properties
5 comps foundThis Property
$4,771
Comp Average
$4,795
5105 Mendip
4bd / 2.5ba · 2,394 sqft · Single Family
$932K
Est. $4,569/mo
943 Manteca Drive
4bd / 3ba · 2,660 sqft · Single Family
$989K
Est. $4,876/mo
4591 Coronado Drive
4bd / 3ba · 2,522 sqft · Single Family
$1000K
Est. $4,761/mo
316 Spring Canyon Way
4bd / 2.5ba · 2,364 sqft · Single Family
$960K
Est. $4,615/mo
4675 Caneel Bay Court
4bd / 2.5ba · 2,622 sqft · Single Family
$1.09M
Est. $5,156/mo
Comps based on same zip code, similar beds (±1), price range (60-150%).
Investment Score
10 leases of 4-bed houses within 0.5 mi · $4,653–$5,305
Blended 50/50 with the zip's market median ($4,718)
Rent − PITIA
Incl. vacancy, PM, maint, capex
What would make this work?
$5,077/mo short at 20% down; 85% down or +$6,594/mo rent closes it.
- Break-even price
- $467,964
- Break-even rent
- $11,365/mo
- Cashflow at 35% down
- −$3,901/mo
- Down payment to break even
- 85%
- Rate to break even
- Not reachable
59% under asking
$6,594/mo above the estimate
$959,650 cash
Negative even at a 0% loan
Need ≥ 1.25 for DSCR loan
Lower = better for investors
* 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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