1621 Hotel Circle

1621 Hotel Circle

D

San Diego, CA 92108

$289,999
NEW — 2d on market

Beds

Baths

1

Sqft

419

Year Built

1972

Days on Market

2

Property Type

Condo

HOA/mo

$319.84

MLS ID

260007264SD

Description

Centrally located in the heart of Mission Valley, this condo offers a functional layout, good storage, and a private patio overlooking the community pool. The home is in original condition providing a blank canvas for your own updates and style. Community amenities include a pool, BBQ area, tennis courts, clubhouse/rec room, and on-site laundry facilities. Conveniently located near shopping, dining, entertainment, public transit, and major freeway access. Low HOA.

Mortgage Calculator

Est. Monthly Payment

$2,161

Principal & Interest$1,466
Property Tax$290
Insurance$85
HOA$320
%($58,000)
%

Comparable Properties

2 comps found

This Property

$2,320

vs

Comp Average

$2,525

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

Investment Score

24D
Est. Monthly Rent
$2,320
Monthly Cashflow

Rent − PITI − HOA

+$159
Full Cashflow

Incl. vacancy, PM, maint, capex

$-616

Mortgage (P+I)
$1,466
Cap Rate
3.52%
Cash-on-Cash
-12.76%
DSCR

⚠️ Need ≥ 1.25 for DSCR loan

1.07
Break-even Rent
$3,121

NOI (Annual)
$10,199
Price-to-Rent

Lower = better for investors

10.4

* 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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