11595 Compass Dr Drive #8
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11595 Compass Dr Drive #8

Ctop 80%

San Diego, CA 92126

$990,000
STR: check · HOA rules unknown · TOT 12.75%

6 licensed short-term rentals within ½ mile (4 whole home), from the cities' license and permit lists of Nov 1, 2026.

HOA rules unknown: an HOA can ban stays under 30 days (Civ. Code §4741), and no permit on file shows this one allows them. Get the CC&Rs.

Pass at asking: -$4,532/mo full cashflow at 20% down, 7.49% rate.

Works at $402,551 (59% under asking), or at 86% down.

Rent $4,228/mo from 10 leases of 3–5 bed condos & townhomes within 2 mi ($4,021–$4,385).

Beds

4

Baths

2.5

Sqft

1,733

Year Built

1998

Days on Market

44

Property Type

Condo

HOA/mo

$151

MLS ID

PTP2606746

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

Virtual Tour

About This Property

Welcome home to Las Casitas! This spacious 4 bedroom, 2.5 bath detached home sits in one of Mira Mesa’s most desirable communities, offering approximately 1,733 square feet across two stories. With no shared walls and fresh interior paint throughout, it’s ready for your personal touches. The comfortable floor plan has plenty of room for everyday living and easy entertaining, plus the flexibility for a home office, guest room, or hobby space. Step outside to a private backyard with extra side yard space for gardening, play, or your own outdoor retreat. The west facing patio is made for evening gatherings, with beautiful San Diego sunsets and cool evening breezes that flow right into the home. The community also offers playgrounds and pet friendly areas to enjoy. This home is a great opportunity to build equity in a sought after neighborhood. Ask about special financing incentives that may be available to qualified buyers. Enjoy easy access to shopping and dining along Mira Mesa Boulevard, local parks, and the 15 and 805 freeways for a quick commute to Sorrento Valley, UTC, and MCAS Miramar. Nearby schools include Hage Elementary, Wangenheim Middle, and Mira Mesa High School, and Los Peñasquitos Canyon Preserve is just minutes from your door for hiking and biking. Schedule your private showing today!

Mortgage Calculator

Est. Monthly Payment

$6,962

Principal & Interest$5,532
Property Tax$990
Insurance$289
HOA$151
%($198,000)
%
Loan Term

Location

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Investment Score

19C
Est. Monthly Rent
$4,228

10 leases of 3–5 bed condos & townhomes within 2 mi · $4,021–$4,385

Blended 50/50 with a property-level estimate

Monthly Cashflow

Rent − PITIA

-$2,734
Full Cashflow

Incl. vacancy, PM, maint, capex

-$4,532

What would make this work?

$4,532/mo short at 20% down; 86% down or +$5,885/mo rent closes it.

Break-even price

59% under asking

$402,551
Break-even rent

$5,885/mo above the estimate

$10,113/mo
Cashflow at 35% down
−$3,494/mo
Down payment to break even

$851,400 cash

86%
Rate to break even

Negative even at a 0% loan

Not reachable

Mortgage (P+I)
$5,532
Cap Rate
1.47%
Cash-on-Cash
-27.47%
DSCR

Need ≥ 1.25 for DSCR loan

0.61

NOI (Annual)
$14,544
Price-to-Rent

Lower = better for investors

19.5

* Modelled at 20% down, 7.49% rate, 30yr · vacancy 8% · PM 10% · capex 5% · maintenance 1%/yr.

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

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CCashflow−$4,532/mo