321 10th Avenue

321 10th Avenue

D

San Diego, CA 92101

$475,000

Beds

1

Baths

1

Sqft

621

Year Built

2007

Days on Market

54

Property Type

Condo

HOA/mo

$862

MLS ID

PTP2600230

Description

Wake up with the city and live above it all! This bright, open unit is the perfect hideaway while being in the thick of it all. The exposed concrete finish, floor to ceiling windows and modern appliances complement the urban views. In unit laundry and the two spacious closets ensure practical livability. The views of the library and the Coronado Bridge are a highlight, although the building offers much, much more. A state of the art gym with machines and free-weights, an open air courtyard that's a rarity downtown along with the secure entry and private parking space. The star of the show, however, is the epic Skybox that gives you a bird's eye view of the bay, skyline and is the best way to take in Padre's games with your friends. Good luck trying to get them to leave!

Mortgage Calculator

Est. Monthly Payment

$3,877

Principal & Interest$2,402
Property Tax$475
Insurance$139
HOA$862
%($95,000)
%

Investment Score

3D
Est. Monthly Rent

Market Rent Estimate

$2,648
Monthly Cashflow

Rent − PITI − HOA

$-1,230
Full Cashflow

Incl. vacancy, PM, maint, capex

$-2,235

Mortgage (P+I)
$2,402
Cap Rate
0.42%
Cash-on-Cash
-15.54%
DSCR

⚠️ Need ≥ 1.25 for DSCR loan

1.10
Break-even Rent
$3,878

NOI (Annual)
$2,006
Price-to-Rent

Lower = better for investors

14.9

* Defaults: 20% down, 6.5% rate, 30yr.

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