
2815 Prospect Street
Ctop 80%National City, CA 91950
Pass at asking: -$4,956/mo full cashflow at 20% down, 7.43% rate.
Works at $454,707 (59% under asking), or at 85% down.
Rent $4,536/mo from 21 leases of houses within 2 mi, size-adjusted ($4,215–$4,742).
Beds
7
Baths
6
Sqft
2,024
Year Built
1992
Days on Market
69
Property Type
Single Family
HOA/mo
N/A
MLS ID
PTP2606662
This property is in National City (91950). Browse neighborhood analytics →
About This Property
Beautifully maintained home with circular driveway the goes around the home for accessing and exiting the property. As you enter the home through the enclosed porch you would see a spacious open concept of the living room that flows into the dining area and kitchen. The main house consists of three bedrooms two baths and laundry room. A combination of tile and bamboo flooring, AC and Solar Panels helps keeps the home cool in the hot summer days without the high electric bill. Garage conversion of bedroom with bath as well as two other rooms with their own bath, were done by previous owner in 1992 when the property was built Each unit have their own separate entrance and parking area. Long driveway has plenty of room to park more than ten cars. Plus more parking space under covered porch. Iron gates provides more security. Current owner has invested lots of work and money planting several fruit trees witch includes: Avocado, banana, papaya, nectarines, apricots, guavas, citrus, and tropical trees and more. Recycle water has been used for the irrigation system. There's also another room with its own separate entrance and bath that is being used by owners when they are in town. Front house is occupied by family at this time.
Mortgage Calculator
Est. Monthly Payment
$7,532
Location
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Zoned Schools
Elementary
Lincoln Acres · grades PK-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.
Comparable Properties
5 comps foundThis Property
$4,536
Comp Average
$4,324
3925 Kaplan Way
4bd / 2.5ba · 2,174 sqft · Single Family
$749K
Est. $4,770/mo
3522 Newberry Street
5bd / 1.5ba · 1,660 sqft · Single Family
$760K
Est. $4,187/mo
1810 Granger Avenue
4bd / 2ba · 1,032 sqft · Single Family
$775K
Est. $3,385/mo
305 F
6bd / 2ba · 3,222 sqft · Single Family
$1.10M
Est. $5,335/mo
2334 Division Street
4bd / 3ba · 1,888 sqft · Single Family
$949K
Est. $3,944/mo
Comps based on same zip code, similar beds (±1), price range (60-150%).
Investment Score
21 leases of houses within 2 mi, size-adjusted · $4,215–$4,742
Blended 50/50 with a property-level estimate
Rent − PITIA
Incl. vacancy, PM, maint, capex
What would make this work?
$4,956/mo short at 20% down; 85% down or +$6,436/mo rent closes it.
- Break-even price
- $454,707
- Break-even rent
- $10,972/mo
- Cashflow at 35% down
- −$3,810/mo
- Down payment to break even
- 85%
- Rate to break even
- Not reachable
59% under asking
$6,436/mo above the estimate
$935,000 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.
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