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2850 Reynard Way

2850 Reynard Way #30

B

San Diego, CA 92103

$499,000

Soft Appraisal Value: $496,300 · 0.5% above estimate

Beds

2

Baths

1

Sqft

726

Year Built

1976

Days on Market

76

Property Type

Condo

HOA/mo

$447

MLS ID

PTP2602280

This property is in San Diego (92103). View neighborhood stats →

About This Property

Lowest Priced 2-Bedroom in 92103 - And It's Not Even Close! Sitting between Bankers Hill, Hillcrest, Little Italy, and Mission Hills, you're walking distance from some of San Diego's best restaurants, coffee shops, and nightlife, with Balboa Park and the waterfront just minutes away. This is the kind of location people pay a premium for. Here’s your entry point. The unit is light, bright, and freshly painted, with an open layout, a spacious primary bedroom, an in-unit washer/dryer, and a nice balcony. Kitchen features updated stainless steel appliances. Gated complex, two assigned parking spaces (one covered), and HOA covers water, sewer, trash, and landscaping. FHA and VA approved. Bonus: the Quieter Home Program is installing a new exterior door, triple-pane windows, and sliders later this year - at no cost to the owner. Best value in 92103. It's that simple.

Mortgage Calculator

Est. Monthly Payment

$3,615

Principal & Interest$2,523
Property Tax$499
Insurance$146
HOA$447
%($99,800)
%

Location

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Investment Score

44C
Est. Monthly Rent
$2,673
Monthly Cashflow

Rent − PITIA

$-942
Full Cashflow

Incl. vacancy, PM, maint, capex

$-1,973

Mortgage (P+I)
$2,523
Cap Rate
1.32%
Cash-on-Cash
-23.72%
DSCR

Need ≥ 1.25 for DSCR loan

0.74
Break-even Rent
$5,235

NOI (Annual)
$6,605
Price-to-Rent

Lower = better for investors

15.6

* 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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