3573 Mercer Court
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3573 Mercer Court

C

San Diego, CA 92122

$1,585,000
NEW — 2d

Beds

3

Baths

2

Sqft

1,674

Year Built

1966

Days on Market

2

Property Type

Single Family

HOA/mo

N/A

MLS ID

260015712SD

This property is in San Diego (92122). View neighborhood stats →

About This Property

Single level 3 BR, 2 BA, 2 car garage located in University City. RV parking or just extra parking. Culdesac. Patio room has been enclosed and adds 200 s/f of additional living space. Recent upgrades (2020) include: updated/remodeled kitchen plus new appliances and luxury vinyl plank floor in kitchen, living room, halls and front bedroom, baseboards, recessed canned lights in kitchen and hallway. Primary suite with 2 month old carpet. Other updates: Primary suite bathroom updated with vaulted ceiling and skylight. 2nd bathroom updated with tile shower, vanity, mirror and lights. Upgraded interior doors and crown moulding and more. Close to schools, parks, shopping, restaurants and freeway access. Single level 3 BR, 2 BA, 2 car garage located in University City. RV parking or just extra parking. Culdesac. Patio room has been enclosed and adds 200 s/f of additional living space. Recent upgrades (2020) include: updated/remodeled kitchen plus new appliances and luxury vinyl plank floor in kitchen, living room, halls and front bedroom, baseboards, recessed canned lights in kitchen and hallway. Primary suite with 2 month old carpet. Other updates: Primary suite bathroom updated with vaulted ceiling and skylight. 2nd bathroom updated with tile shower, vanity, mirror and lights. Upgraded interior doors and crown moulding and more. Close to schools, parks, shopping, restaurants and freeway access.

Mortgage Calculator

Est. Monthly Payment

$10,062

Principal & Interest$8,015
Property Tax$1,585
Insurance$462
%($317,000)
%

Location

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Investment Score

4D
Est. Monthly Rent
$5,132
Monthly Cashflow

Rent − PITIA

$-4,930
Full Cashflow

Incl. vacancy, PM, maint, capex

$-7,431

Mortgage (P+I)
$8,015
Cap Rate
0.44%
Cash-on-Cash
-28.13%
DSCR

Need ≥ 1.25 for DSCR loan

0.51
Break-even Rent
$14,782

NOI (Annual)
$7,006
Price-to-Rent

Lower = better for investors

25.7

* 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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