2802 Cowley Way
Ctop 80%San Diego, CA 92110
Pass at asking: -$7,795/mo full cashflow at 20% down, 7.43% rate.
Works at $581,038 (64% under asking), or at 91% down.
Rent $5,795/mo from 10 leases of 4-bed houses within 2 mi ($4,496–$5,895).
Beds
4
Baths
3
Sqft
1,500
Year Built
1956
Days on Market
0
Property Type
Single Family
HOA/mo
N/A
MLS ID
260026523SD
This property is in San Diego (92110). View neighborhood stats →
About This Property
WOW!! Are you Looking for a Bay Park Beach Close Single Level home Sitting on a flat useable 7400sqft lot that has been meticulously reimagined by an interior designer? Your new home features 3 full tile bathrooms(which is not easy to find in Bay Park), A stunning Brand new kitchen with Quartz counter tops/White Shaker cabinets/SS appliances and custom flooring throughout. Ideal open floorplan for entertaining with kitchen/family room/back yard indoor/outdoor San Diego living..All new interior and exterior doors, hardware, Windows, plumbing and lighting fixtures..Did I mention a new roof, main line, AC/HVAC, and upgraded electrical panel..Oh, an outdoor playhouse/structure or workspace for the kids with lighting.
Mortgage Calculator
Est. Monthly Payment
$10,927
Location
Loading map...
Comparable Properties
5 comps foundThis Property
$5,795
Comp Average
$5,188
2251 Chicago Street
3bd / 2ba · 1,477 sqft · Single Family
$1.20M
Est. $4,989/mo
2570 Burgener Boulevard
3bd / 1.5ba · 1,350 sqft · Single Family
$1.50M
Est. $5,245/mo
3027 Wing Street
3bd / 2ba · 1,542 sqft · Single Family
$1.59M
Est. $5,291/mo
1865 Magdalene Way
3bd / 2.5ba · 1,574 sqft · Single Family
$1.65M
Est. $5,104/mo
1985 Frankfort
3bd / 3ba · 1,648 sqft · Single Family
$1.85M
Est. $5,312/mo
Comps based on same zip code, similar beds (±1), price range (60-150%).
Investment Score
10 leases of 4-bed houses within 2 mi · $4,496–$5,895
Blended 50/50 with the zip's market median ($6,475)
Rent − PITIA
Incl. vacancy, PM, maint, capex
What would make this work?
$7,795/mo short at 20% down; 91% down or +$10,123/mo rent closes it.
- Break-even price
- $581,038
- Break-even rent
- $15,918/mo
- Cashflow at 35% down
- −$6,132/mo
- Down payment to break even
- 91%
- Rate to break even
- Not reachable
64% under asking
$10,123/mo above the estimate
$1,452,269 cash
Negative even at a 0% loan
Need ≥ 1.25 for DSCR loan
Lower = better for investors
* 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.
Open Full Calculator