11187 Kelowna Rd

11187 Kelowna Rd

D

San Diego, CA 92126

$459,000

Beds

2

Baths

1

Sqft

698

Year Built

1978

Days on Market

66

Property Type

Condo

HOA/mo

$495

MLS ID

NDP2600044

Description

SELLER WILL ENTERTAIN OFFERS BETWEEN $449,000- $459,000,. Bright and welcoming upper unit with new dual-pane windows, an updated kitchen, and luxury vinyl plank floors. A rare find in this community, it already has an IN-UNIT WASHER/DRYER COMBO! Relax on your spacious balcony and enjoy the pool, public barbecue, several HOA-maintained fruit trees (guava, banana, apple, and more), plus a small garden. FHA/VA approved! Nearby to Mira Mesa Community Park that is completing a full multi year renovation. Remodel of recreation center, new children’s play area, basketball and pickleball courts to name a few. Great space for the whole family to enjoy!

Mortgage Calculator

Est. Monthly Payment

$3,409

Principal & Interest$2,321
Property Tax$459
Insurance$134
HOA$495
%($91,800)
%

Investment Score

18D
Est. Monthly Rent
$2,725
Monthly Cashflow

Rent − PITI − HOA

$-684
Full Cashflow

Incl. vacancy, PM, maint, capex

$-1,693

Mortgage (P+I)
$2,321
Cap Rate
1.64%
Cash-on-Cash
-8.94%
DSCR

⚠️ Need ≥ 1.25 for DSCR loan

0.80
Break-even Rent
$3,409

NOI (Annual)
$7,533
Price-to-Rent

Lower = better for investors

14.0

* 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.

Get Expert AnalysisOpen Full Calculator