1000 8th

Dbottom 20%

Coronado, CA 92118

$5,900,000

Pass at asking: -$37,983/mo full cashflow at 20% down, 7.43% rate.

Works at $954,686 (84% under asking); even all cash loses money at asking.

Rent $9,522/mo from 16 leases of houses within 0.5 mi, size-adjusted ($8,235–$10,252).

Beds

Baths

Sqft

2,860

Year Built

1886

Days on Market

—

Property Type

Single Family

HOA/mo

N/A

MLS ID

260025708SD

This property is in Coronado (92118). Browse neighborhood analytics →

About This Property

Built Circa 1886, this Queen Anne Victorian is one of the most special, historic properties in all of Coronado. It is currently licensed to operate at a dance studio and bed & breakfast. Call list agent for all specific details.

Mortgage Calculator

Est. Monthly Payment

$40,398

Principal & Interest$32,777

Property Tax$5,900

Insurance$1,721

Down Payment

%($1,180,000)

Interest Rate

Loan Term

Location

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Zoned Schools

Middle
Coronado Middle · grades 6-8 · Coronado Unified
High
Coronado High · grades 9-12 · Coronado Unified

The district's assigned schools for this parcel, from its attendance boundaries and rules. Boundaries change: confirm with the district before you buy.

Comparable Properties

4 comps found

This Property

$9,522

Comp Average

$9,169

127 J Avenue

6bd / 4ba · 3,000 sqft · Single Family

$3.60M

Est. $9,630/mo

241 F Avenue

6bd / 4ba · 2,426 sqft · Single Family

$3.58M

Est. $7,611/mo

531 J Avenue

5bd / 3.5ba · 3,199 sqft · Single Family

$4.79M

Est. $8,712/mo

711 H Ave

5bd / 6ba · 3,507 sqft · Single Family

$8.75M

Est. $10,721/mo

Comps based on same zip code, similar beds (±1), price range (60-150%).

Investment Score

Est. Monthly Rent

$9,522

16 leases of houses within 0.5 mi, size-adjusted · $8,235–$10,252

Monthly Cashflow

Rent − PITIA

-$30,876

Full Cashflow

Incl. vacancy, PM, maint, capex

-$37,983

What would make this work?

$37,983/mo short at 20% down; +$49,328/mo rent closes it.

Break-even price: $954,686
Break-even rent: $58,850/mo
Cashflow at 35% down: −$31,837/mo
Down payment to break even: Not reachable
Rate to break even: Not reachable

Mortgage (P+I)

$32,777

Cap Rate

-0.96%

Cash-on-Cash

-38.63%

DSCR

Need ≥ 1.25 for DSCR loan

0.24

NOI (Annual)

-$56,756

Price-to-Rent

Lower = better for investors

51.6

* Modelled at 20% down, 7.43% 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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DCashflow−$37,983/mo