1605 Hotel Circle

1605 Hotel Circle

D

San Diego, CA 92108

$429,000

Soft Appraisal Value: $423,600 · 1.3% above estimate

Beds

1

Baths

1

Sqft

700

Year Built

1972

Days on Market

18

Property Type

Condo

HOA/mo

$479

MLS ID

DW26053392

View on MLS

Description

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

$3,202

Principal & Interest$2,169
Property Tax$429
Insurance$125
HOA$479
%($85,800)
%

Investment Score

5D
Est. Monthly Rent
$2,594
Monthly Cashflow

Rent − PITI − HOA

$-608
Full Cashflow

Incl. vacancy, PM, maint, capex

$-1,562

Mortgage (P+I)
$2,169
Cap Rate
1.70%
Cash-on-Cash
-21.85%
DSCR

⚠️ Need ≥ 1.25 for DSCR loan

0.81
Break-even Rent
$4,623

NOI (Annual)
$7,283
Price-to-Rent

Lower = better for investors

13.8

* 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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