1441 9th Ave San Diego

1441 9th Ave San Diego

D

, CA 92101

$686,000

Beds

2

Baths

2

Sqft

1,113

Year Built

2008

Days on Market

41

Property Type

Condo

HOA/mo

$1,000

MLS ID

260001535SD

Description

Live in the coveted Aria building perched on Cortez Hill. This contemporary turn key condo has an open floor plan with high ceilings, ample natural light, outfitted for surround sound throughout with Acacia wood flooring. Enjoy your morning coffee or an evening glass of wine on your spacious balcony. Kitchen is complete with quartz island/countertops, glass back splash, newly re-finished cabinets with a 10 year warranty and stainless steel energy efficient appliances. Full size stacked washer/dryer convey. 2 car (tandem) underground secure parking spaces #56. This modern complex features, a gym, rec room/club house, heated pool and spa. Excellent walk score, steps to Balboa Park, Tweat Street Park, Little Italy, Gaslamp District, Hillcrest and short drive to the airport.

Mortgage Calculator

Est. Monthly Payment

$5,355

Principal & Interest$3,469
Property Tax$686
Insurance$200
HOA$1,000
%($137,200)
%

Investment Score

0D
Est. Monthly Rent

Market Rent Estimate

$2,529
Monthly Cashflow

Rent − PITI − HOA

$-2,826
Full Cashflow

Incl. vacancy, PM, maint, capex

$-3,979

Mortgage (P+I)
$3,469
Cap Rate
-0.89%
Cash-on-Cash
-24.72%
DSCR

⚠️ Need ≥ 1.25 for DSCR loan

0.73
Break-even Rent
$5,355

NOI (Annual)
$-6,124
Price-to-Rent

Lower = better for investors

22.6

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

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