904 Bracero Road
Dbottom 20%Encinitas, CA 92024
Pass at asking: -$27,118/mo full cashflow at 20% down, 7.43% rate.
Works at $1,269,253 (74% under asking); even all cash loses money at asking.
Rent $12,660/mo from 19 leases of 4–6 bed houses within 2 mi ($10,327–$18,406).
Beds
5
Baths
5
Sqft
4,201
Year Built
2008
Days on Market
1
Property Type
Single Family
HOA/mo
N/A
MLS ID
NDP2610158
This property is in Encinitas (92024). View neighborhood stats →
About This Property
Set on an expansive, approximately one-third-acre flat and usable lot in Encinitas, 904 Bracero Road offers 4,201 square feet of thoughtfully designed living space, featuring five bedrooms and four-and-a-half bathrooms. A blend of refined updates, generous living spaces, and exceptional outdoor amenities creates an inviting setting for both everyday living and entertaining. The remodeled chef's kitchen serves as the heart of the home, featuring beautiful finishes, generous workspace, and a 100-bottle wine refrigerator. Rich hardwood floors bring warmth throughout the interiors, while retractable glass doors open to the backyard, creating a seamless transition between indoor living and outdoor entertaining. The expansive backyard offers an impressive collection of amenities, including a private sports court, outdoor kitchen, fireplace, sauna, and cold plunge. Upstairs, an inviting balcony captures ocean views and coastal sunsets. The spacious primary suite provides a private retreat, complete with a remodeled, spa-inspired bathroom featuring a steam shower, oversized soaking tub, separate vanities, and a generous walk-in closet. Additional features include a dedicated home office, upstairs laundry room, air conditioning, abundant storage, dedicated golf cart storage, and a three-car garage. With its substantial lot, beautifully updated interiors, ocean-view balcony, and thoughtfully designed outdoor spaces, 904 Bracero Road brings together the best of coastal Encinitas living, with room to gather, relax, and enjoy the Southern California lifestyle.
Mortgage Calculator
Est. Monthly Payment
$32,866
Location
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Comparable Properties
5 comps foundThis Property
$12,660
Comp Average
$10,642
3105 Caminito Ricardo
5bd / 4ba · 4,422 sqft · Single Family
$3.40M
Est. $10,739/mo

3448 Bumann Road
5bd / 4.5ba · 4,482 sqft · Single Family
$4.29M
Est. $12,759/mo
1144 Hermes
5bd / 4ba · 3,963 sqft · Single Family
$4.00M
Est. $11,496/mo
1651 Bella Laguna Court
5bd / 4.5ba · 4,576 sqft · Single Family
$4.50M
Est. $9,844/mo
3501 Lone Hill Lane
5bd / 4.5ba · 4,575 sqft · Single Family
$3.60M
Est. $8,374/mo
Comps based on same zip code, similar beds (±1), price range (60-150%).
Investment Score
19 leases of 4–6 bed houses within 2 mi · $10,327–$18,406
Rent − PITIA
Incl. vacancy, PM, maint, capex
What would make this work?
$27,118/mo short at 20% down; +$35,218/mo rent closes it.
- Break-even price
- $1,269,253
- Break-even rent
- $47,878/mo
- Cashflow at 35% down
- −$22,118/mo
- Down payment to break even
- Not reachable
- Rate to break even
- Not reachable
74% under asking
$35,218/mo above the estimate
Negative even all-cash
Negative even at a 0% loan
Need ≥ 1.25 for DSCR loan
Lower = better for investors
* 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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