207 5th Avenue San Diego

207 5th Avenue San Diego

D

, CA 92101

$250,000

Beds

1

Baths

1

Sqft

431

Year Built

2008

Days on Market

19

Property Type

Condo

HOA/mo

$838

MLS ID

260003446SD

View on MLS

Description

Here is your chance to become an owner of a slice of the iconic Hard Rock Hotel. Nestled just steps away from the Convention center, adjacent to Petco Park and immersed in the vibrant heart of the Gaslamp Quarter, this property offers a truly enviable location. Revel in luxury up to 4 weeks of personal usage, while also benefitting from a stream of passive income throughout the year. Embrace the allure of both ownership and investment with this unique opportunity.

Mortgage Calculator

Est. Monthly Payment

$2,425

Principal & Interest$1,264
Property Tax$250
Insurance$73
HOA$838
%($50,000)
%

Comparable Properties

3 comps found

This Property

$2,283

vs

Comp Average

$2,839

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

Investment Score

35D
Est. Monthly Rent

Market Rent Estimate

$2,283
Monthly Cashflow

Rent − PITI − HOA

$-142
Full Cashflow

Incl. vacancy, PM, maint, capex

$-876

Mortgage (P+I)
$1,264
Cap Rate
1.87%
Cash-on-Cash
-3.41%
DSCR
1.81
Break-even Rent
$2,425

NOI (Annual)
$4,663
Price-to-Rent

Lower = better for investors

9.1

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

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