Real Estate

224 Neptune Ave, Encinitas, CA 92024

Property Details for 224 Neptune Ave, Encinitas, CA 92024

Property Detail Name Property Detail Value
Address 224 Neptune Ave, Encinitas, CA 92024
Property Type Condo
Price $2,950,000
Price Change $0
Tax Assessed Value $1,810,915
Non Owner Occupied? Yes
Pre Foreclosure Auction No
Bedrooms 2.0
Bathrooms 3.0
Living Area 1,496.0
Lot Area 6478.0
Lot Area Unit SQFT
Year Built 1971

Financial Summary for 224 Neptune Ave, Encinitas, CA 92024

Financial Metric Name Financial Metric Value
Cash on Cash Return -26.8%
Monthly Rent $5,671
Net Operating Income $4,786
Cap Rate 1.9%
Monthly Cash Flow -$13,162
Gross Rent Multiplier 43.3
Debt Service Coverage Ratio 0.3
Principal and Interest $15,072
Tax $2,876
HOA Fees $0
Insurance $885
Total Payment $18,833