11095 Kite Hill Lane
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11095 Kite Hill Lane

D

San Diego, CA 92126

$1,399,999
NEW — 0d

Soft Appraisal Value: $1,434,100 · 2.4% below estimate

Beds

5

Baths

3

Sqft

2,259

Year Built

1995

Days on Market

0

Property Type

Single Family

HOA/mo

N/A

MLS ID

NDP2603795

This property is in San Diego (92126). View neighborhood stats →

Virtual Tour

About This Property

NO HOA! This beautifully renovated 5 bedroom 3 full bath SOLAR home is ready for you to call it home. As you pull up, you're immediately wowed by the impressive curb appeal, starting with the modern garage doors, two tone exterior paint colors and mature landscaping. Interior highlights include wood and tile flooring throughout (no carpet), neutral paint colors and upgraded lighting. The open-concept layout starts with the oversized living room featuring impressive vaulted ceilings. Up next is the separate dining room. The gourmet eat in kitchen features maple cabinetry, granite countertops, stainless steel appliances and a small island that overlooks the separate family room, which offers a cozy fireplace. The private backyard is quite large in size and features a patio with outdoor canopy, plus a large grassy yard with no homes directly behind you. Back inside and rounding out the downstairs is a bedroom, a full bath, a laundry room and direct access to your three-car garage. Upstairs are three additional bedrooms that share a hall bath, plus a large master bedroom w/ en-suite bath, complete w/ a stone walk in glass shower, separate tub and dual vanity. This home is truly turnkey and move in ready. And best of all, you're close to everything Mira Mesa offers in a newer single-family home with low taxes and no pesky HOA. Run don't walk to this one, it truly won't last long.

Mortgage Calculator

Est. Monthly Payment

$8,887

Principal & Interest$7,079
Property Tax$1,400
Insurance$408
%($280,000)
%

Location

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Investment Score

5D
Est. Monthly Rent
$4,684
Monthly Cashflow

Rent − PITIA

$-4,203
Full Cashflow

Incl. vacancy, PM, maint, capex

$-6,447

Mortgage (P+I)
$7,079
Cap Rate
0.54%
Cash-on-Cash
-27.63%
DSCR

Need ≥ 1.25 for DSCR loan

0.53
Break-even Rent
$13,057

NOI (Annual)
$7,584
Price-to-Rent

Lower = better for investors

24.9

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

Estimates only. Not financial advice. Verify all figures independently with a licensed professional before making any investment decision.

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