2661 Villas

2661 Villas

Ctop 80%

San Diego, CA 92108

$899,900
NEW — 0d

Pass at asking: -$4,288/mo full cashflow at 20% down, 7.43% rate.

Works at $341,530 (62% under asking), or at 89% down.

Rent $3,824/mo from 11 leases of 1–3 bed houses within 1 mi ($4,414–$4,663).

Beds

2

Baths

2.5

Sqft

1,435

Year Built

2004

Days on Market

0

Property Type

Single Family

HOA/mo

$321

MLS ID

260026449SD

This property is in San Diego (92108). View neighborhood stats →

About This Property

To know Escala is to love Escala! A fully detached home in the gated Villas at Escala community, where you get the space and privacy of a single-family home with resort-style living amenities and a low HOA. Step inside to a thoughtfully designed floor plan with two separate living areas beaming with natural light throughout. The open kitchen is a showpiece, with beautiful cabinetry and statement glass-front cabinets that add character and display space. Cozy up by the fireplace with custom added hidden storage. Both bedrooms are true ensuites, each with its own private bath. A bonus space offers flexibility as an optional third bedroom, home office, or guest room. Outside, the private yard is one of the largest in the entire community--a rare find here! It's ready for gardening, pets, outdoor dining, or entertaining. Your low monthly HOA also features a pool, spa, fitness center, clubhouse, tennis courts, playground, and dog park for you to enjoy! All of this is minutes from Mission Valley's shopping, dining, and freeway access. A detached home with a standout yard and resort amenities at this price of entry is a rare opportunity.

Mortgage Calculator

Est. Monthly Payment

$6,483

Principal & Interest$4,999
Property Tax$900
Insurance$262
HOA$321
%($179,980)
%
Loan Term

Location

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Investment Score

19C
Est. Monthly Rent
$3,824

11 leases of 1–3 bed houses within 1 mi · $4,414–$4,663

Blended 50/50 with the zip's market median ($3,101)

Monthly Cashflow

Rent − PITIA

-$2,658
Full Cashflow

Incl. vacancy, PM, maint, capex

-$4,288

What would make this work?

$4,288/mo short at 20% down; 89% down or +$5,568/mo rent closes it.

Break-even price

62% under asking

$341,530
Break-even rent

$5,568/mo above the estimate

$9,392/mo
Cashflow at 35% down
−$3,350/mo
Down payment to break even

$800,911 cash

89%
Rate to break even

Negative even at a 0% loan

Not reachable

Mortgage (P+I)
$4,999
Cap Rate
1.20%
Cash-on-Cash
-28.59%
DSCR

Need ≥ 1.25 for DSCR loan

0.59

NOI (Annual)
$10,834
Price-to-Rent

Lower = better for investors

19.6

* 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−$4,288/mo