835 Cleveland Street

835 Cleveland Street

D

Oceanside, CA 92054

$999,000

Beds

2

Baths

2.5

Sqft

1,188

Year Built

1992

Days on Market

25

Property Type

Condo

HOA/mo

$555

MLS ID

NDP2601249

View on MLS

Description

WOW! $51,000 Drop in Price! 3 Blocks from Oceanside Beach. Ocean view from Master Bedroom & stairs. Beautiful 2 Bed/2.5 Bath in desirable Wind & Sea Townhome Community. Over $80K in brand new renovations. This include NEW: Copper plumbing, electrical throughout, fresh paint throughout, plumbing fixtures, hot water heater, closet doors, shower doors/fixtures, sinks, toilets, lighting fixtures, recessed kitchen lighting, microwave, flooring, carpet, blinds, cleaned roof & gutters. There's tons of street parking and an attached gated 2 car garage parking. Love the Beach Life? Live the Dream!

Mortgage Calculator

Est. Monthly Payment

$6,897

Principal & Interest$5,051
Property Tax$999
Insurance$291
HOA$555
%($199,800)
%

Investment Score

5D
Est. Monthly Rent

Market Rent Estimate

$4,386
Monthly Cashflow

Rent − PITI − HOA

$-2,510
Full Cashflow

Incl. vacancy, PM, maint, capex

$-4,352

Mortgage (P+I)
$5,051
Cap Rate
0.84%
Cash-on-Cash
-15.08%
DSCR

⚠️ Need ≥ 1.25 for DSCR loan

0.87
Break-even Rent
$6,896

NOI (Annual)
$8,397
Price-to-Rent

Lower = better for investors

19.0

* Defaults: 20% down, 6.5% rate, 30yr.

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