14510 Camino De La Luna San Diego

14510 Camino De La Luna San Diego

A+

4S Ranch, CA 92127

$291,807

Beds

2

Baths

2

Sqft

852

Year Built

2003

Days on Market

36

Property Type

Condo

HOA/mo

$272.98

MLS ID

260001947SD

Description

This is an "Affordable for Sale" unit. This unit has a 55 year deed restriction. Spacious corner unit, next to the club house. Garage is right next to the steps going up to the unit. There is a covered car port as well! Nice common area behind club house with benches to sit barbeque on the grill provided. Laminate flooring throughout except carpet in the primary bedroom. Great location, great schools, and close to shopping and freeway access. Don't miss this one! **DEED RESTRICTED UNIT** Please read attachments for Guidelines & Qualifications. Approved purchase price is $291,807.00, AMI restriction of 65% as adjusted for household size. Household size minimum of 2 required. 3% min. down payment of $8,755. DTI ratio must be under 45% & FICO of 640 or higher. 60 day escrow. Buyer must be pre-approved by SDHC for the program before submitting an offer.

Mortgage Calculator

Est. Monthly Payment

$2,125

Principal & Interest$1,476
Property Tax$292
Insurance$85
HOA$273
%($58,361)
%

Comparable Properties

1 comp found

This Property

$3,556

vs

Comp Average

$2,711

Comps based on same zip code, similar beds (±1), price range (60-150%).

Investment Score

93A+
Est. Monthly Rent

Market Rent Estimate

$3,556
Monthly Cashflow

Rent − PITI − HOA

+$1,431
Full Cashflow

Incl. vacancy, PM, maint, capex

+$370

Mortgage (P+I)
$1,476
Cap Rate
7.59%
Cash-on-Cash
29.42%
DSCR
2.41
Break-even Rent
$2,125

NOI (Annual)
$22,142
Price-to-Rent

Lower = better for investors

6.8

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

Get Expert AnalysisOpen Full Calculator