2642 Canyon Ave
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2642 Canyon Ave

D

San Diego, CA 92123

$1,440,000

Soft Appraisal Value: $1,427,800 · 0.9% above estimate

Beds

4

Baths

2.5

Sqft

2,418

Year Built

2000

Days on Market

51

Property Type

Single Family

HOA/mo

$353

MLS ID

260007473SD

This property is in San Diego (92123). View neighborhood stats →

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About This Property

Move in Ready original owner Corner Lot Home , is in the sought after Westport Section of Stonecrest Village. This Updated 2418 sq ft home has 4 bedrooms, 2 1/2 baths with spacious Living/ Family Room areas and attached 2 Car Garage. This is one of the larger Floorplans in Complex and has an additional upstairs open Loft Area which works great as Gym/Office area. This home was originally selected by Owner because of the light and Bright open feeling. The lot also gives extra rear yard privacy which is unique for this development. Recent upgrades include New Roof, upgraded AC, Interior and exterior Paint and flooring. Westport at Stonecrest complex has 2 Pools/Spas, Tennis/Pickleball courts, Gym, Tot Lot, and wonderful walking paths/Areas for exercise.

Mortgage Calculator

Est. Monthly Payment

$9,494

Principal & Interest$7,281
Property Tax$1,440
Insurance$420
HOA$353
%($288,000)
%

Location

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Investment Score

5D
Est. Monthly Rent
$5,211
Monthly Cashflow

Rent − PITIA

$-4,283
Full Cashflow

Incl. vacancy, PM, maint, capex

$-6,682

Mortgage (P+I)
$7,281
Cap Rate
0.50%
Cash-on-Cash
-27.84%
DSCR

Need ≥ 1.25 for DSCR loan

0.55
Break-even Rent
$13,889

NOI (Annual)
$7,194
Price-to-Rent

Lower = better for investors

23.0

* 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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