2971 Canyon Avenue
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2971 Canyon Avenue

C

San Diego, CA 92123

$1,065,000

Soft Appraisal Value: $1,057,600 · 0.7% above estimate

Beds

3

Baths

2.5

Sqft

1,679

Year Built

2000

Days on Market

23

Property Type

Single Family

HOA/mo

$325

MLS ID

PTP2604332

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

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About This Property

Enjoy STONECREST RESORT STYLE COMMUNITY living, beautiful grounds throughout, Just a 4 Min drive to FWY 15 and 6 Min to Fwy 8. One of the few homes that have one additional parking spot outside garage. LARGEST FLOOR PLAN in complex, IMMACULATE condition, open concept kitchen with granite countertops, expansive cabinets with quiet close drawers, Lazy Susan & sandstone backsplash, marble flooring, engineered floors in family room, good size backyard, LOFT UPSTAIRS 11'x10' could be a 4th BR. good size Main Bedroom 15x13, with walk in closet and large bath. Enjoy pools,tennis courts, gym with yoga and aqua aerobics, event room space, parks, walkways and a very peaceful surroundings all around community.

Mortgage Calculator

Est. Monthly Payment

$7,086

Principal & Interest$5,385
Property Tax$1,065
Insurance$311
HOA$325
%($213,000)
%

Location

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Investment Score

20D
Est. Monthly Rent
$4,802
Monthly Cashflow

Rent − PITIA

$-2,284
Full Cashflow

Incl. vacancy, PM, maint, capex

$-4,276

Mortgage (P+I)
$5,385
Cap Rate
1.25%
Cash-on-Cash
-24.09%
DSCR

Need ≥ 1.25 for DSCR loan

0.68
Break-even Rent
$10,355

NOI (Annual)
$13,308
Price-to-Rent

Lower = better for investors

18.5

* 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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