900 Howard Avenue #29
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900 Howard Avenue #29

Atop 10%

Escondido, CA 92029

$250,500

Pass at asking: -$544/mo full cashflow at 20% down, 7.36% rate.

Works at $179,388 (28% under asking), or at 52% down.

Rent $1,780/mo: model estimate from bedrooms, size and zip.

Beds

2

Baths

2

Sqft

672

Year Built

1975

Days on Market

151

Property Type

Mfd/Mobile Home

HOA/mo

N/A

MLS ID

OC26113805

This property is in Escondido (92029). Browse neighborhood analytics →

About This Property

MOTIVATED SELLER -Beautifully remodeled home located in an All Age-Family community. This move-in ready home offers: remodeled Kitchen and Bathroom Showers, No Tubs, drywall and texture interior, new dual pane windows, luxury vinyl flooring throughout, recessed lighting, updated plumbing and electrical, new roof, new exterior ventilation access, new gates and fencing both sides of home, new brick wall, right side of home, installed drainage back yard to street, artificial turf and cement pad in back yard, new installed water heater and new garbage disposal, new moister barrier underneath home, new entrance adobe lock and more! Located across from the community playground and dog walking area with views of both from your Kitchen sink! The community has many amenities like a children's play area, rec hall and pool and easy access to highways 15 at 78, Palomar Medical Center / Hospital, Stone Brewery, shopping, dining! Space rent plus water/sewer/trash. Buyer(s) to be approved by Management. Pull into park and take second right.

Mortgage Calculator

Est. Monthly Payment

$1,706

Principal & Interest$1,382
Property Tax$251
Insurance$73
%($50,100)
%
Loan Term

Location

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Zoned Schools

  • Elementary

    Miller Elementary · grades K-5 · Escondido Union

  • Middle

    Del Dios Academy of Arts and Sciences · 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

81A
Est. Monthly Rent
$1,780

Model estimate from bedrooms, size and zip

Thin data: no closed leases like this one nearby.

Monthly Cashflow

Rent − PITIA

+$74
Full Cashflow

Incl. vacancy, PM, maint, capex

-$544

What would make this work?

$544/mo short at 20% down; 52% down or +$706/mo rent closes it.

Break-even price

28% under asking

$179,388
Break-even rent

$706/mo above the estimate

$2,486/mo
Cashflow at 35% down
−$285/mo
Down payment to break even

$130,260 cash

52%
Rate to break even

at 20% down

2.94%

Mortgage (P+I)
$1,382
Cap Rate
4.44%
Cash-on-Cash
-13.02%
DSCR

Need ≥ 1.25 for DSCR loan

1.04

NOI (Annual)
$11,128
Price-to-Rent

Lower = better for investors

11.7

* 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−$544/mo