3573 Mercer
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3573 Mercer

D

San Diego, CA 92122

$1,585,000

Soft Appraisal Value: $1,536,300 · 3.2% above estimate

Beds

3

Baths

2

Sqft

1,674

Year Built

1966

Days on Market

8

Property Type

Single Family

HOA/mo

N/A

MLS ID

260010637SD

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

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About This Property

3 Bedroom, 2 bath single level home in University City. Recent improvements include kitchen, LVP flooring & stainless steel appliances in 2020. Other updates: water heater, paint, base boards and crown moulding. New lush carpet just installed in Primary Suite. Dual paned energy efficient vinyl windows throughout and skylights in Primary bathroom plus two skylights in the 200+ sq.ft. bonus room. Shutters and roller shades installed. 2 car attached garage with access to house plus RV Parking! Back yard provides grapefruit, lemons, oranges and figs. Walking distance to Standley Park, Swanson Pool, Rose Canyon walking trails, schools and shopping.

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

7D
Est. Monthly Rent
$5,547
Monthly Cashflow

Rent − PITIA

$-4,515
Full Cashflow

Incl. vacancy, PM, maint, capex

$-7,111

Mortgage (P+I)
$8,015
Cap Rate
0.68%
Cash-on-Cash
-26.92%
DSCR

Need ≥ 1.25 for DSCR loan

0.55
Break-even Rent
$14,782

NOI (Annual)
$10,840
Price-to-Rent

Lower = better for investors

23.8

* 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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