215 R
1 / 20

National City, CA 91950

$819,900

Pass at asking: -$3,513/mo full cashflow at 20% down, 7.43% rate.

Works at $362,382 (56% under asking), or at 82% down.

Rent $3,615/mo from 15 leases of 3-bed houses within 2 mi ($3,377–$3,877).

Beds

3

Baths

1

Sqft

1,248

Year Built

1954

Days on Market

63

Property Type

Single Family

HOA/mo

N/A

MLS ID

260021991SD

This property is in National City (91950). Browse neighborhood analytics →

Virtual Tour

About This Property

Converted garage is a studio with a full bathroom and private patio! Can be a guest house or a steady source of additional income. The main house has 3 bedrooms and 1 bathroom. It is recently renovated and beautifully maintained, with large front and back yards. Located on a quiet street, with easy access to freeway.

Mortgage Calculator

Est. Monthly Payment

$5,614

Principal & Interest$4,555
Property Tax$820
Insurance$239
%($163,980)
%
Loan Term

Location

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Zoned Schools

  • Elementary

    El Toyon Elementary · grades K-6 · National Elementary

  • Middle

    Granger Junior High · grades 7-9 · Sweetwater Union High

  • High

    Sweetwater High · grades 9-12 · Sweetwater Union High

The district's assigned schools for this parcel, from its attendance boundaries and rules. Boundaries change: confirm with the district before you buy.

Investment Score

33C
Est. Monthly Rent
$3,615

15 leases of 3-bed houses within 2 mi · $3,377–$3,877

Blended 50/50 with a property-level estimate

Monthly Cashflow

Rent − PITIA

-$1,999
Full Cashflow

Incl. vacancy, PM, maint, capex

-$3,513

What would make this work?

$3,513/mo short at 20% down; 82% down or +$4,563/mo rent closes it.

Break-even price

56% under asking

$362,382
Break-even rent

$4,563/mo above the estimate

$8,178/mo
Cashflow at 35% down
−$2,659/mo
Down payment to break even

$672,318 cash

82%
Rate to break even

Negative even at a 0% loan

Not reachable

Mortgage (P+I)
$4,555
Cap Rate
1.79%
Cash-on-Cash
-25.71%
DSCR

Need ≥ 1.25 for DSCR loan

0.64

NOI (Annual)
$14,666
Price-to-Rent

Lower = better for investors

18.9

* Modelled at 20% down, 7.43% rate, 30yr · vacancy 8% · PM 10% · capex 5% · maintenance 1%/yr.

Estimates only. Not financial advice. Verify all figures independently with a licensed professional before making any investment decision.

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CCashflow−$3,513/mo