This single story home in East Escondido is a great starter home or investment property. On a rental basis, here is how the numbers pencil out: Purchase Price $229,000 Down Payment (25%) $57,250 Financed $171,750 Interest Rate 7.5% Annual Interest Payment $12,881 Taxes & Insurance $3,000 Rent $1,600 Property Mgmt Fees $128 Annual Rev $17,664 Annual Cash Flow $1,783 Annual Return on Invested Cash 3.1% This assumes 100% occupancy and full a purchase at full asking price. Your interest rate may also be different. You can increase your return by managing the property yourself or obtaining a lower interest rate. This is meant as a guide only. Your results will vary.
This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.
