11377 Bootes
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11377 Bootes

B

San Diego, CA 92126

$925,000
NEW — 5d

Soft Appraisal Value: $921,700 · 0.4% above estimate

Beds

3

Baths

2

Sqft

2,255

Year Built

1973

Days on Market

5

Property Type

Single Family

HOA/mo

N/A

MLS ID

260016196SD

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

About This Property

Here is the incredible income opportunity you have been looking for in the heart of the wonderful Mira Mesa area! Huge potential to add 1-2 more bedrooms and bathrooms with the upstairs totally unfinished. It's wide open waiting for your design! Awesome investment opportunity for an investor or owner occupied in walking distance to great parks, restaurants, schools and so much more! This great property is all about location, location, location with so much upward potential. Don’t let the pictures and curb appeal fool you, a full cosmetic remodel and this 3 bed property is ready for great rental income or your family. For the investor this property has huge rental or resale potential with minimum rehab to bring it’s top potential. This home is just waiting for the right family to make this nice big open home their home! This is the perfect home for a new family with kids or pets. Start with an empty pallet and with a little TLC you can redesign this great home just the way you want it for your family. Bring your offers because at this price this one will not last long! Get it before it’s gone.

Mortgage Calculator

Est. Monthly Payment

$5,872

Principal & Interest$4,677
Property Tax$925
Insurance$270
%($185,000)
%

Location

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Investment Score

38C
Est. Monthly Rent
$4,376
Monthly Cashflow

Rent − PITIA

$-1,496
Full Cashflow

Incl. vacancy, PM, maint, capex

$-3,274

Mortgage (P+I)
$4,677
Cap Rate
1.82%
Cash-on-Cash
-21.23%
DSCR

Need ≥ 1.25 for DSCR loan

0.75
Break-even Rent
$8,627

NOI (Annual)
$16,844
Price-to-Rent

Lower = better for investors

17.6

* 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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