2239 Meadow Lark Drive San Diego

2239 Meadow Lark Drive San Diego

D

, CA 92123

$1,350,000

Beds

5

Baths

3

Sqft

2,046

Year Built

1997

Days on Market

12

Property Type

Single Family

HOA/mo

N/A

MLS ID

260004061SD

Description

Views on the cul-de-sac, with privacy. Welcome to 2239-41 Meadow Lark Drive home in the Birdland neighborhood of Serra Mesa. The main house is 1,346 SF 3BD/2BA and the ADU is 700 SF with 2BD/1BA (rents for $1,800), making it all together 5BD/3BA, 2,046 SF of a living space on a 14,187 SF canyon lot with views. The kitchen and the dining room in the main house are bright with sunlight and with views. The wrap around deck is spacious with incredible views of mountains, canyons and valleys. A nice vegetable garden in the back yard for your own organic needs. Extra single-room office/workspace and extra laundry facility outside the house. The main house and the ADU each have their own washer and dryer.

Mortgage Calculator

Est. Monthly Payment

$8,570

Principal & Interest$6,826
Property Tax$1,350
Insurance$394
%($270,000)
%

Investment Score

7D
Est. Monthly Rent

Market Rent Estimate

$5,516
Monthly Cashflow

Rent − PITI − HOA

$-3,054
Full Cashflow

Incl. vacancy, PM, maint, capex

$-5,448

Mortgage (P+I)
$6,826
Cap Rate
1.23%
Cash-on-Cash
-13.57%
DSCR

⚠️ Need ≥ 1.25 for DSCR loan

0.81
Break-even Rent
$8,570

NOI (Annual)
$16,540
Price-to-Rent

Lower = better for investors

20.4

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

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