8975 Lawrence Welk Drive #128
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8975 Lawrence Welk Drive #128

Atop 10%

Escondido, CA 92026

$325,000

Pass at asking: -$1,027/mo full cashflow at 20% down, 7.36% rate.

Works at $190,535 (41% under asking), or at 66% down.

Rent $2,402/mo: zip market median for this bed count.

Beds

2

Baths

2

Sqft

1,080

Year Built

1967

Days on Market

94

Property Type

Manufactured

HOA/mo

$393

MLS ID

NDP2607536

This property is in Escondido (92026). Browse neighborhood analytics →

Virtual Tour

About This Property

Welcome to your dream retreat in the heart of Escondido, where this charming 2-bedroom, 2-bathroom home offers a perfect blend of tranquility and luxury. Nestled on a serene hillside, this captivating property boasts a breathtaking 180-degree panoramic view of the rolling hills that promise to captivate you from sunrise to sunset. The kitchen is a chef's delight, complete with ample counter space for culinary creativity. The best part is you own the land! Come see what this active 55+ community has to offer.

Mortgage Calculator

Est. Monthly Payment

$2,606

Principal & Interest$1,793
Property Tax$325
Insurance$95
HOA$393
%($65,000)
%
Loan Term

Location

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Zoned Schools

  • Elementary

    Reidy Creek Elementary · grades K-5 · Escondido Union

  • Middle

    Rincon Middle · grades 6-8 · Escondido Union

  • High

    Escondido High · grades 9-12 · Escondido Union High

The district's assigned schools for this parcel, from its attendance boundaries and rules. Boundaries change: confirm with the district before you buy.

Investment Score

73A
Est. Monthly Rent
$2,402

Zip market median for this bed count

Thin data: no closed leases like this one nearby.

Monthly Cashflow

Rent − PITIA

-$204
Full Cashflow

Incl. vacancy, PM, maint, capex

-$1,027

What would make this work?

$1,027/mo short at 20% down; 66% down or +$1,334/mo rent closes it.

Break-even price

41% under asking

$190,535
Break-even rent

$1,334/mo above the estimate

$3,736/mo
Cashflow at 35% down
−$691/mo
Down payment to break even

$214,500 cash

66%
Rate to break even

at 20% down

0.39%

Mortgage (P+I)
$1,793
Cap Rate
3.27%
Cash-on-Cash
-18.97%
DSCR

Need ≥ 1.25 for DSCR loan

0.92

NOI (Annual)
$10,630
Price-to-Rent

Lower = better for investors

11.3

* Modelled at 20% down, 7.36% 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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ACashflow−$1,027/mo