3357 Ogalala Avenue

3357 Ogalala Avenue

Ctop 80%

San Diego, CA 92117

$875,000
NEW — 0d

Pass at asking: -$4,339/mo full cashflow at 20% down, 7.43% rate.

Works at $310,044 (65% under asking), or at 92% down.

Rent $3,092/mo from 8 leases of 1–3 bed houses within 0.5 mi ($2,779–$3,347).

Beds

2

Baths

1

Sqft

726

Year Built

1954

Days on Market

0

Property Type

Single Family

HOA/mo

N/A

MLS ID

260026348SD

This property is in San Diego (92117). View neighborhood stats →

About This Property

All things have become new! The interior has been completely transformed! Kitchen, Bathroom, Floors, Windows, Doors, Heating and Air Conditioning have all been upgraded. A new roll-up Garage door with opener was just installed and the floor painted. The backyard is completely fenced and it is huge! Like a blank canvass, it is ready for whatever your creative mind will design. Come see this property today! This light and bright home is move-in ready and offered at an amazingly low price for Clairemont area! Come get this place before someone else scoops it up!

Mortgage Calculator

Est. Monthly Payment

$5,991

Principal & Interest$4,861
Property Tax$875
Insurance$255
%($175,000)
%
Loan Term

Location

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Investment Score

16C
Est. Monthly Rent
$3,092

8 leases of 1–3 bed houses within 0.5 mi · $2,779–$3,347

Blended 50/50 with the zip's market median ($3,165)

Monthly Cashflow

Rent − PITIA

-$2,899
Full Cashflow

Incl. vacancy, PM, maint, capex

-$4,339

What would make this work?

$4,339/mo short at 20% down; 92% down or +$5,635/mo rent closes it.

Break-even price

65% under asking

$310,044
Break-even rent

$5,635/mo above the estimate

$8,727/mo
Cashflow at 35% down
−$3,428/mo
Down payment to break even

$805,000 cash

92%
Rate to break even

Negative even at a 0% loan

Not reachable

Mortgage (P+I)
$4,861
Cap Rate
0.93%
Cash-on-Cash
-29.76%
DSCR

Need ≥ 1.25 for DSCR loan

0.52

NOI (Annual)
$8,115
Price-to-Rent

Lower = better for investors

23.6

* 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.

Open Full Calculator
CCashflow−$4,339/mo