
960 Woodlake Dr
Ctop 80%Cardiff-by-the-Sea, CA 92007
Pass at asking: -$7,518/mo full cashflow at 20% down, 7.49% rate.
Works at $605,269 (62% under asking), or at 89% down.
Rent $6,165/mo from 13 leases of 3-bed houses within 1 mi ($5,928–$6,695).
Beds
3
Baths
2
Sqft
1,176
Year Built
1972
Days on Market
—
Property Type
Single Family
HOA/mo
$78
MLS ID
260026245SD
This property is in Cardiff-by-the-Sea (92007). View neighborhood stats →
About This Property
Capture the very best of coastal North County living in this beautifully upgraded 3-bedroom, 2-bathroom Park Place twin home. Featuring a versatile multi-level layout, the residence offers a private downstairs en suite perfect for a home office or guest quarters, an inviting primary-style upper level, and a massive stand-up attic ready for custom flex space or extra storage. This light-filled home offers an open concept, a remodeled kitchen, new flooring, and refreshed bathrooms, with major updates already done: newer roof, new A/C, newer windows, appliances and a brand-new tankless water heater. Outside, low-maintenance front hardscaping and a peaceful backyard set the stage for seamless indoor-outdoor living. Positioned directly across from the community pool and private dog park, you are just minutes from premier beaches, hiking trails, local dining, and the iconic Seaside Market. Impeccably maintained and move-in ready!
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Est. Monthly Payment
$10,948
Location
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Comparable Properties
2 comps foundThis Property
$6,165
Comp Average
$5,883
951 Emma Cardiff By The Sea
3bd / 2ba · 1,013 sqft · Single Family
$1.75M
Est. $6,068/mo
2274 Edinburg Cardiff By The Sea
3bd / 1ba · 970 sqft · Single Family
$2.50M
Est. $5,698/mo
Comps based on same zip code, similar beds (±1), price range (60-150%).
Investment Score
13 leases of 3-bed houses within 1 mi · $5,928–$6,695
Rent − PITIA
Incl. vacancy, PM, maint, capex
What would make this work?
$7,518/mo short at 20% down; 89% down or +$9,764/mo rent closes it.
- Break-even price
- $605,269
- Break-even rent
- $15,929/mo
- Cashflow at 35% down
- −$5,863/mo
- Down payment to break even
- 89%
- Rate to break even
- Not reachable
62% under asking
$9,764/mo above the estimate
$1,406,200 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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