920 Morse Street

920 Morse Street

D

Oceanside, CA 92054

$1,595,000
NEW — 5d on market

Soft Appraisal Value: $1,562,200 · 2.1% above estimate

Beds

3

Baths

2

Sqft

1,900

Year Built

1970

Days on Market

5

Property Type

Single Family

HOA/mo

N/A

MLS ID

NDP2602516

Description

Welcome to South "O", Oceanside CA's sweet spot! Presenting this beautiful single-story home, west of I-5, with an open, flowing floor plan. Modern remodeled kitchen with custom cabinetry and island. New laminate wood flooring throughout. Remodeled bathrooms, and a quaint atrium that adds so much character and charm. Brand new electric water heater, newer furnace and high efficiency A/C. Paid solar in 2015, updated sewer line. Dual paned windows and custom beamed ceiling are some added features, just to name a few. This property offers a bonus great room area that gives the home a lot of extra space. Nice sized, easy maintenance yard and attached 2 car garage. Located within minutes to the beach, freeways schools and an easy walk to all the local restaurants, cafes, breweries and shops. PROFESSIONAL PHOTOS TO FOLLOW.

Mortgage Calculator

Est. Monthly Payment

$10,125

Principal & Interest$8,065
Property Tax$1,595
Insurance$465
%($319,000)
%

Investment Score

3D
Est. Monthly Rent
$5,857
Monthly Cashflow

Rent − PITI − HOA

$-4,268
Full Cashflow

Incl. vacancy, PM, maint, capex

$-6,944

Mortgage (P+I)
$8,065
Cap Rate
0.84%
Cash-on-Cash
-26.12%
DSCR

⚠️ Need ≥ 1.25 for DSCR loan

0.58
Break-even Rent
$14,876

NOI (Annual)
$13,449
Price-to-Rent

Lower = better for investors

22.7

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

Estimates only. Not financial advice. Verify all figures independently with a licensed professional before making any investment decision.

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