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8975 Lawrence Welk Drive #329

Ctop 80%

Escondido, CA 92026

$527,000

Pass at asking: -$2,561/mo full cashflow at 20% down, 7.36% rate.

Works at $191,896 (64% under asking), or at 91% down.

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

Beds

2

Baths

2

Sqft

1,750

Year Built

1982

Days on Market

49

Property Type

Manufactured

HOA/mo

$383

MLS ID

NDP2608948

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

Virtual Tour

About This Property

**Charming Home for Sale: Your Dream Retreat Awaits** Are you searching for a place to call home that is not only warm and inviting but also offers a perfect blend of style and comfort? Look no further! As you enter this delightful residence, you'll be immediately captivated by the soaring vaulted ceilings that create an open and airy atmosphere. Natural light floods the space, highlighting the rich details and creating an inviting ambiance that beckons you to relax and unwind. The layout is thoughtfully designed, ensuring that each room flows seamlessly into the next, making it perfect for entertaining guests or simply enjoying quiet evenings with your loved ones. The updated kitchen is a true culinary haven, equipped with modern appliances and stylish finishes that provide both functionality and aesthetic appeal. One of the standout features of this home is the living room, complete with a cozy fireplace that serves as an inviting focal point. Picture yourself curling up on chilly evenings with a good book or hosting gatherings with friends, as the flames flicker gently. The living room also boasts a beautiful view, providing a tranquil backdrop to your everyday life and filling the space with warmth and comfort. Convenience is key, and this home features coveted side-by-side parking—an invaluable asset in today’s fast-paced world. No more worrying about parking hassles; your dedicated spaces ensure you can come and go with ease and peace of mind. 433A recorded and you own the land.

Mortgage Calculator

Est. Monthly Payment

$3,971

Principal & Interest$2,908
Property Tax$527
Insurance$154
HOA$383
%($105,400)
%
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

35C
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

-$1,570
Full Cashflow

Incl. vacancy, PM, maint, capex

-$2,561

What would make this work?

$2,561/mo short at 20% down; 91% down or +$3,326/mo rent closes it.

Break-even price

64% under asking

$191,896
Break-even rent

$3,326/mo above the estimate

$5,728/mo
Cashflow at 35% down
−$2,016/mo
Down payment to break even

$479,570 cash

91%
Rate to break even

Negative even at a 0% loan

Not reachable

Mortgage (P+I)
$2,908
Cap Rate
1.06%
Cash-on-Cash
-29.16%
DSCR

Need ≥ 1.25 for DSCR loan

0.60

NOI (Annual)
$5,598
Price-to-Rent

Lower = better for investors

18.3

* 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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CCashflow−$2,561/mo