924 Concord Ct
Ctop 80%Vista, CA 92081
Pass at asking: -$3,383/mo full cashflow at 20% down, 7.49% rate.
Works at $296,387 (60% under asking), or at 86% down.
Rent $3,158/mo from 11 leases of 1–3 bed houses within 2 mi ($3,004–$3,463).
Beds
2
Baths
2
Sqft
999
Year Built
1984
Days on Market
0
Property Type
Single Family
HOA/mo
$146
MLS ID
NDP2609994
This property is in Vista (92081). View neighborhood stats →
About This Property
With very few homes for sale in the lovely Shadowridge community , especially under $800,000 – this charming single-story home will surely capture rapt attention and certainly not be available for long! Extremely conscientious homeowners have added some lovely touches over the past 15 years to include dual pane windows and doors, luxury vinyl flooring in all but the bathrooms, new HVAC in 2016, full vinyl fencing and completely renovated bathrooms with striking walk-in showers. Couple that with a new roof in 2010, a water filtration system, low maintenance front yard and easy maintenance backyard. Add to this a spacious 2-car garage on a quiet street in The Cottages with access to a pool/spa and you will understand why this home is a must see! Anyone who knows the Shadowridge community understands what a winning location it is ~ less than 20 minutes from Carlsbad beaches, moments to all of the FUN restaurants and pubs in downtown Vista, less than 20 minutes from Cal State San Marcos campus and conveniently close to the best grocers including Trader Joe's, Sprouts, Frazier Farms, the Vista Farmers Market and more.
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Est. Monthly Payment
$5,203
Location
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Comparable Properties
4 comps foundThis Property
$3,158
Comp Average
$3,420

1164 Via Santa Paulo
2bd / 2ba · 1,462 sqft · Manufactured
$519K
Est. $2,316/mo
1120 Harvest Lane
3bd / 2ba · 1,476 sqft · Single Family
$799K
Est. $3,913/mo
625 Corona Ct
3bd / 2.5ba · 1,408 sqft · Single Family
$899K
Est. $3,720/mo
1810 Spyglass Cir
2bd / 2ba · 1,482 sqft · Single Family
$862K
Est. $3,731/mo
Comps based on same zip code, similar beds (±1), price range (60-150%).
Investment Score
11 leases of 1–3 bed houses within 2 mi · $3,004–$3,463
Blended 50/50 with the zip's market median ($3,117)
Rent − PITIA
Incl. vacancy, PM, maint, capex
What would make this work?
$3,383/mo short at 20% down; 86% down or +$4,394/mo rent closes it.
- Break-even price
- $296,387
- Break-even rent
- $7,552/mo
- Cashflow at 35% down
- −$2,613/mo
- Down payment to break even
- 86%
- Rate to break even
- Not reachable
60% under asking
$4,394/mo above the estimate
$632,100 cash
Negative even at a 0% loan
Need ≥ 1.25 for DSCR loan
Lower = better for investors
* Modelled at 20% down, 7.49% 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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