3282 Berger Avenue

3282 Berger Avenue #D5

D

San Diego, CA 92123

$490,000

Soft Appraisal Value: $489,600 · 0.1% above estimate

Beds

2

Baths

1.5

Sqft

1,036

Year Built

1975

Days on Market

14

Property Type

Condo

HOA/mo

$550

MLS ID

260006110SD

Description

Welcome To 3282 Berger Avenue Unit D5. This Two-Story, 2-Bedroom(s) & 1.5 Bathroom(s) Condominium is Conveniently Located in the Heart of Kearney Mesa, and is within Close Walking Distance from Shopping, Schools, Parks, Restaurants, Recreation Center, Hospital, and Much More. About a 5 Minute Drive to San Diego Mesa College. Recently Updated and Improved for the Market. The Residence has been Refreshed with NEW Painting, Brand NEW Ceiling Light/Fan Fixture, Mirrored Closet Doors.

Mortgage Calculator

Est. Monthly Payment

$3,661

Principal & Interest$2,478
Property Tax$490
Insurance$143
HOA$550
%($98,000)
%

Investment Score

5D
Est. Monthly Rent
$2,880
Monthly Cashflow

Rent − PITI − HOA

$-781
Full Cashflow

Incl. vacancy, PM, maint, capex

$-1,851

Mortgage (P+I)
$2,478
Cap Rate
1.53%
Cash-on-Cash
-22.67%
DSCR

⚠️ Need ≥ 1.25 for DSCR loan

0.79
Break-even Rent
$5,284

NOI (Annual)
$7,515
Price-to-Rent

Lower = better for investors

14.2

* 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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