3152 Trinity Bay Place
Ctop 80%San Diego, CA 92110
Pass at asking: -$3,640/mo full cashflow at 20% down, 7.43% rate.
Works at $301,089 (61% under asking), or at 88% down.
Rent $3,471/mo from 12 leases of 2-bed condos & townhomes in 92110 ($3,546–$3,902).
Beds
2
Baths
3
Sqft
1,455
Year Built
2007
Days on Market
1
Property Type
Condo
HOA/mo
$360
MLS ID
PTP2608311
This property is in San Diego (92110). View neighborhood stats →
About This Property
End unit! No neighbors above or below! Gated community! Located in the very desirable gated community of The Bay at Point Loma. This three story townhome offers 2 bedrooms, 2.5 bathrooms and an additional small flex space that is perfect for a home office. This community was built with two different style properties. Half of the community was built in a traditional condo style (units stacked on top of each other). The other half of the community was built in a traditional townhouse style (no neighbors above or below). This is one of the coveted townhouse style units! It has an attached 2 car tandem garage, a full laundry room, exclusive use balcony and a large storage closet on the first floor. Talk about curb appeal! This complex has modern exterior paint colors, low maintenance landscape and a beautiful pool/park area. Walkable to local eateries, gyms and shopping. Plus its less than 3 miles to Liberty Station, Ocean Beach, and roughly 10 minutes to downtown and Mission Valley. Low-maintenance coastal living in one of San Diego’s most desirable neighborhoods. Come check it out!
Mortgage Calculator
Est. Monthly Payment
$5,666
Comparable Properties
5 comps foundThis Property
$3,471
Comp Average
$3,568
5645 Friars Rd
3bd / 2ba · 1,331 sqft · Condo
$650K
Est. $4,140/mo
3464 Spring Tide
2bd / 2ba · 1,227 sqft · Condo
$750K
Est. $3,499/mo
3138 Lighthouse Ridge
2bd / 2.5ba · 1,455 sqft · Townhouse
$775K
Est. $3,450/mo
3098 Rue Dorleans
2bd / 2ba · 1,250 sqft · Condo
$710K
Est. $3,296/mo
3549 Shoreline Bluff Lane
2bd / 2.5ba · 1,386 sqft · Condo
$811K
Est. $3,454/mo
Comps based on same zip code, similar beds (±1), price range (60-150%).
Investment Score
12 leases of 2-bed condos & townhomes in 92110 · $3,546–$3,902
Blended 50/50 with the zip's market median ($3,207)
Rent − PITIA
Incl. vacancy, PM, maint, capex
What would make this work?
$3,640/mo short at 20% down; 88% down or +$4,727/mo rent closes it.
- Break-even price
- $301,089
- Break-even rent
- $8,198/mo
- Cashflow at 35% down
- −$2,832/mo
- Down payment to break even
- 88%
- Rate to break even
- Not reachable
61% under asking
$4,727/mo above the estimate
$682,000 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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