Real Estate

1230 Neptune Ave, Encinitas, CA 92024

Property Details for 1230 Neptune Ave, Encinitas, CA 92024

Property Detail Name Property Detail Value
Address 1230 Neptune Ave, Encinitas, CA 92024
Property Type Single Family
Price $24,650,000
Price Change -$200,000
Tax Assessed Value $2,602,893
Non Owner Occupied? Yes
Pre Foreclosure Auction No
Bedrooms 4.0
Bathrooms 7.0
Living Area 7,089.0
Lot Area 10018.8
Lot Area Unit SQFT
Year Built 2024

Financial Summary for 1230 Neptune Ave, Encinitas, CA 92024

Financial Metric Name Financial Metric Value
Cash on Cash Return -17.4%
Monthly Rent $85,697
Net Operating Income $78,302
Cap Rate 3.8%
Monthly Cash Flow -$71,676
Gross Rent Multiplier 24.0
Debt Service Coverage Ratio 0.6
Principal and Interest $125,944
Tax $24,034
HOA Fees $0
Insurance $7,395
Total Payment $157,373