940 Gardena
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940 Gardena

D

Encinitas, CA 92024

$1,699,000
NEW — 0d

Beds

3

Baths

3

Sqft

1,663

Year Built

1990

Days on Market

0

Property Type

Single Family

HOA/mo

N/A

MLS ID

260009711SD

This property is in Encinitas (92024). View neighborhood stats →

About This Property

CORNER LOT + OCEAN VIEWS + A/C + 1BD/1BA ON ENTRY LEVEL! Light, bright, and well-maintained 3 bedroom/3 FULL bath with an open floor plan, vaulted ceilings and natural light throughout. DUAL MASTERS on second level. The second-floor primary suite offers ocean views and a private deck, while the backyard is designed for easy indoor/outdoor living and entertaining (also with an ocean view!). Fully replumbed to PEX and copper (2019). Walking distance to Moonlight Beach, close to top rated schools, parks,, shopping and east freeway access. NO HOA OR MELLO! Easily one of the top locations in Encinitas!

Mortgage Calculator

Est. Monthly Payment

$10,786

Principal & Interest$8,591
Property Tax$1,699
Insurance$496
%($339,800)
%

Location

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Investment Score

7D
Est. Monthly Rent
$5,947
Monthly Cashflow

Rent − PITIA

$-4,839
Full Cashflow

Incl. vacancy, PM, maint, capex

$-7,623

Mortgage (P+I)
$8,591
Cap Rate
0.68%
Cash-on-Cash
-26.92%
DSCR

Need ≥ 1.25 for DSCR loan

0.55
Break-even Rent
$15,847

NOI (Annual)
$11,620
Price-to-Rent

Lower = better for investors

23.8

* 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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