10206 Wateridge Cir San Diego

10206 Wateridge Cir San Diego

D

, CA 92121

$999,000

Beds

3

Baths

2.5

Sqft

1,390

Year Built

1998

Days on Market

47

Property Type

Townhouse

HOA/mo

$459

MLS ID

2601192SD

Description

One of only a handful of end unit Wateridge plan 2's, this unique property offers 5 additional windows which flood the interior with natural light. Clean & bright, turnkey ready it offers hardwood floors, upstairs laundry w in closet washer & dryer, refrigerator, new stove & dishwasher, and a huge enclosed storage area in the over-sized two car garage. The Wateridge community facilities include a pool, (3) spas, tennis courts, sand volleyball courts, tot-lot, fitness trail and an enormous 86,000 square foot private park. Wateridge is surrounded by a multitude of high tech businesses in the rapidly growing Sorrento Valley corridor as well as being a 5 minute drive to UCSD and a 10 minute drive to Del Mar beaches.

Mortgage Calculator

Est. Monthly Payment

$6,801

Principal & Interest$5,051
Property Tax$999
Insurance$291
HOA$459
%($199,800)
%

Investment Score

4D
Est. Monthly Rent

Market Rent Estimate

$4,035
Monthly Cashflow

Rent − PITI − HOA

$-2,765
Full Cashflow

Incl. vacancy, PM, maint, capex

$-4,526

Mortgage (P+I)
$5,051
Cap Rate
0.63%
Cash-on-Cash
-16.61%
DSCR

⚠️ Need ≥ 1.25 for DSCR loan

0.80
Break-even Rent
$6,800

NOI (Annual)
$6,305
Price-to-Rent

Lower = better for investors

20.6

* Defaults: 20% down, 6.5% rate, 30yr.

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