955 Howard #28
Atop 10%Escondido, CA 92029
Pass at asking: -$470/mo full cashflow at 20% down, 7.36% rate.
Works at $188,422 (25% under asking), or at 48% down.
Rent $2,213/mo: model estimate from bedrooms, size and zip.
Beds
2
Baths
2
Sqft
1,056
Year Built
1975
Days on Market
107
Property Type
Manufactured
HOA/mo
$264
MLS ID
NDP2607116
This property is in Escondido (92029). Browse neighborhood analytics →
About This Property
Welcome to Villa Madeira! A cozy home in a great location. This two bedroom home is elevated on the lot with trees in front to enhance privacy. Good sized living room. Dining area off the kitchen with a built in hutch. Attractive vinyl flooring. Primary bedroom with ensuite bath and walk-in closet. Second bedroom has additional add-on for more space and access to the back area. Cool central air plus four ceiling fans. Two sheds for storage. Patio deck off entry area in front with wheelchair lift. Plus additional patio area off the carport. Close to guest parking and clubhouse. Clubhouse has a huge room for events with a full kitchen. Wonderful pool and spa area with beautiful valley views. There is a library, billiard room, sauna, community laundry room, shuffleboard and exercise room. Located about a mile from the hospital, stores, restaurants and freeway access for I-15.
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Est. Monthly Payment
$1,966
Location
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Comparable Properties
5 comps foundThis Property
$2,213
Comp Average
$2,300
1001 Hale Avenue
2bd / 2ba · 1,272 sqft · Mfd/Mobile Home
$225K
Est. $2,545/mo
1751 Citracado Parkway
2bd / 2ba · 1,248 sqft · Mfd/Mobile Home
$257K
Est. $2,399/mo
1751 Citracado Parkway
2bd / 2ba · 1,272 sqft · Mfd/Mobile Home
$270K
Est. $2,421/mo
1575 Valley Pkwy
2bd / 2ba · 1,040 sqft · Mfd/Mobile Home
$279K
Est. $2,197/mo
955 Howard Avenue
2bd / 2ba · 800 sqft · Manufactured
$225K
Est. $1,936/mo
Comps based on same zip code, similar beds (±1), price range (60-150%).
Investment Score
Model estimate from bedrooms, size and zip
Thin data: no closed leases like this one nearby.
Rent − PITIA
Incl. vacancy, PM, maint, capex
What would make this work?
$470/mo short at 20% down; 48% down or +$610/mo rent closes it.
- Break-even price
- $188,422
- Break-even rent
- $2,823/mo
- Cashflow at 35% down
- −$211/mo
- Down payment to break even
- 48%
- Rate to break even
- 3.60%
25% under asking
$610/mo above the estimate
$119,952 cash
at 20% down
Need ≥ 1.25 for DSCR loan
Lower = better for investors
* 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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