802 El Caballo Dr

802 El Caballo Dr

Ctop 80%

Oceanside, CA 92057

$1,129,000
NEW — 0d

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!

Mortgage Calculator

Est. Monthly Payment

$7,810

Principal & Interest$6,272
Property Tax$1,129
Insurance$329
HOA$80
%($225,800)
%
Loan Term

Location

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Investment Score

15C
Est. Monthly Rent
$4,771

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)

Monthly Cashflow

Rent − PITIA

-$3,039
Full Cashflow

Incl. vacancy, PM, maint, capex

-$5,077

What would make this work?

$5,077/mo short at 20% down; 85% down or +$6,594/mo rent closes it.

Break-even price

59% under asking

$467,964
Break-even rent

$6,594/mo above the estimate

$11,365/mo
Cashflow at 35% down
−$3,901/mo
Down payment to break even

$959,650 cash

85%
Rate to break even

Negative even at a 0% loan

Not reachable

Mortgage (P+I)
$6,272
Cap Rate
1.52%
Cash-on-Cash
-26.98%
DSCR

Need ≥ 1.25 for DSCR loan

0.61

NOI (Annual)
$17,201
Price-to-Rent

Lower = better for investors

19.7

* 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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CCashflow−$5,077/mo