1605 Hotel Circle
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1605 Hotel Circle #B 107

B

San Diego, CA 92108

$425,000

Soft Appraisal Value: $417,100 · 1.9% above estimate

Beds

1

Baths

1

Sqft

700

Year Built

1972

Days on Market

64

Property Type

Condo

HOA/mo

$479

MLS ID

DW26053392

This property is in San Diego (92108). View neighborhood stats →

About This Property

Beautifully remodeled condo located in the heart of Mission Valley, San Diego. The unit features new flooring, a fully updated kitchen with new cabinets and countertops, refrigerator, stove and microwave, plus fresh interior paint throughout. Also included, central heating and a wall A/C unit in the bedroom for year round comfort. The community offers excellent resort- style amenities, including: swimming pool & jacuzzi, tennis & pickle ball court, gym & sauna, pool tables & recreation area and finally an outdoor barbeque area, all fantastic for entertaining. Ideally located with easy access to downtown San Diego, Mission Beach, shopping, restaurants and major freeways. Also conveniently close to military bases and Navy facilities. A great opportunity to own a move-in ready home in one of San Diego's most central and accessible locations.

Mortgage Calculator

Est. Monthly Payment

$3,177

Principal & Interest$2,149
Property Tax$425
Insurance$124
HOA$479
%($85,000)
%

Location

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Investment Score

47B
Est. Monthly Rent
$2,399
Monthly Cashflow

Rent − PITIA

$-778
Full Cashflow

Incl. vacancy, PM, maint, capex

$-1,684

Mortgage (P+I)
$2,149
Cap Rate
1.31%
Cash-on-Cash
-23.77%
DSCR

Need ≥ 1.25 for DSCR loan

0.76
Break-even Rent
$4,586

NOI (Annual)
$5,581
Price-to-Rent

Lower = better for investors

14.8

* 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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