11359 Polaris Dr
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11359 Polaris Dr

C

San Diego, CA 92126

$1,349,000
NEW — 4d

Soft Appraisal Value: $1,316,600 · 2.5% above estimate

Beds

4

Baths

2.5

Sqft

1,804

Year Built

1995

Days on Market

4

Property Type

Single Family

HOA/mo

N/A

MLS ID

260015396SD

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

Virtual Tour

About This Property

Beautiful single family sitting in the heart of Mira Mesa. Open floor plan with welcome high ceiling when you enter this highly upgraded sunny bright home. Chef’s gourmet kitchen boasts Quartz counters/bar table with contemporary pendant lights over the kitchen counter, most popular stylish cabinets & bar pulls, designer decorated tiles on kitchen walls, kitchenAid stainless-steel appliances. Luxury vinyl planks throughout the whole house, no carpet at all. European style shower with bathtub inside in Master bathroom. Panoramic Mountain View from the 2nd floor and backyard. Newer vinyl fence and gate. Feel the ocean breeze all year long. Spacious 2-car garage with extra space. Huge front yard can even park RV. Peace and quiet location and only a few minutes to all shops in Mira Mesa area, library, parks, freeways. No HOA. No Mello Roos.

Mortgage Calculator

Est. Monthly Payment

$8,564

Principal & Interest$6,821
Property Tax$1,349
Insurance$393
%($269,800)
%

Location

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Investment Score

6D
Est. Monthly Rent
$4,595
Monthly Cashflow

Rent − PITIA

$-3,968
Full Cashflow

Incl. vacancy, PM, maint, capex

$-6,149

Mortgage (P+I)
$6,821
Cap Rate
0.60%
Cash-on-Cash
-27.35%
DSCR

Need ≥ 1.25 for DSCR loan

0.54
Break-even Rent
$12,581

NOI (Annual)
$8,064
Price-to-Rent

Lower = better for investors

24.5

* 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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