2057 Felspar
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2057 Felspar

C

San Diego, CA 92109

$1,650,000

Beds

Baths

Sqft

Year Built

1952

Days on Market

68

Property Type

Multi-Family

HOA/mo

N/A

MLS ID

260009456SD

This property is in San Diego (92109). View neighborhood stats →

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About This Property

Beach life style in Pacific Beach! Now available, Both units been remodeled two years ago from ground up. Front unit offers 1 BR /1 BA with front yard fully fenced, full kitchen full bath w/ inside laundry & it's furnished. Back unit offers 2 bedroom 1 bath, Walk-in closets, full kitchen w/custom cabinetry & inside laundry. Both are single level, no one above you or below you, no stairs, newer roof, tankless water heater for each home, ceiling fans, wood style in tile flooring, the property was pre-plumbed for another ADU in the back. Units offers off street parking in the back. Beach life style! Now available, Both units been remodeled two years ago from the ground up. Front unit offers 1 BR /1 BA with front yard fully fenced, full kitchen full bath w/ inside laundry & it's furnished. Back unit offers 2 bedroom 1 bath, Walk-in closets, full kitchen w/custom cabinetry & inside laundry & outdoor Spa. Both are single level, no one above you or below you, no stairs, Tankless water heater for each home, ceiling fans, wood style in tile flooring, solar tubes, the property was pre-plumbed for another ADU in the back. Units offers off street parking in the back.

Mortgage Calculator

Est. Monthly Payment

$10,475

Principal & Interest$8,343
Property Tax$1,650
Insurance$481
%($330,000)
%

Investment Score

7D
Est. Monthly Rent
$5,775
Monthly Cashflow

Rent − PITIA

$-4,699
Full Cashflow

Incl. vacancy, PM, maint, capex

$-7,403

Mortgage (P+I)
$8,343
Cap Rate
0.68%
Cash-on-Cash
-26.92%
DSCR

Need ≥ 1.25 for DSCR loan

0.55
Break-even Rent
$15,389

NOI (Annual)
$11,289
Price-to-Rent

Lower = better for investors

23.8

* 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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