3152 Trinity Bay Place

3152 Trinity Bay Place

Ctop 80%

San Diego, CA 92110

$775,000
NEW — 1d

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

Principal & Interest$4,305
Property Tax$775
Insurance$226
HOA$360
%($155,000)
%
Loan Term

Investment Score

27C
Est. Monthly Rent
$3,471

12 leases of 2-bed condos & townhomes in 92110 · $3,546–$3,902

Blended 50/50 with the zip's market median ($3,207)

Monthly Cashflow

Rent − PITIA

-$2,195
Full Cashflow

Incl. vacancy, PM, maint, capex

-$3,640

What would make this work?

$3,640/mo short at 20% down; 88% down or +$4,727/mo rent closes it.

Break-even price

61% under asking

$301,089
Break-even rent

$4,727/mo above the estimate

$8,198/mo
Cashflow at 35% down
−$2,832/mo
Down payment to break even

$682,000 cash

88%
Rate to break even

Negative even at a 0% loan

Not reachable

Mortgage (P+I)
$4,305
Cap Rate
1.30%
Cash-on-Cash
-28.18%
DSCR

Need ≥ 1.25 for DSCR loan

0.61

NOI (Annual)
$10,073
Price-to-Rent

Lower = better for investors

18.6

* 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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CCashflow−$3,640/mo