3940 Dove Street
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3940 Dove Street #101

B

San Diego, CA 92103

$599,999

Beds

2

Baths

2

Sqft

982

Year Built

1981

Days on Market

101

Property Type

Condo

HOA/mo

$580

MLS ID

260006408SD

This property is in San Diego (92103). View neighborhood stats →

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About This Property

*** NOW UNDER $600K - BEST value for a 2BR, 2BA condo in the prime location of 92103!!! Location, location, location - Mission Hills! *** Walk across the street to grocery shopping and just a few blocks away from the heart of Mission Hills and Hillcrest and their plentiful neighborhood eateries! An open floor plan in this tucked away corner unit, has southern exposure that provides warm, natural light during the winter and softer, indirect light in the summer. The updated kitchen opens to the spacious living room with sliding doors to a 15' long balcony facing tree top neighborhood vistas. Wood cabinetry, quartz countertops, SS appliances, encaustic cement backsplash tiles, pantry cabinet w/ pullout drawers, and an envy-inducing dry bar with wine refrigerator all make entertaining, well, entertaining! Bamboo flooring throughout the main living areas and both bedrooms, and gem-colored encaustic cement tiles in both tastefully updated bathrooms. Mission Crest Gardens offers a pool, sauna, and modest recreation and fitness rooms. In unit laundry, central heat and AC, fiber internet accessibility, 2 parking spaces (1 carport assigned and 1 unassigned) and a storage cage round out the amenities! Move-in ready and an outstanding value in Mission Hills!!

Mortgage Calculator

Est. Monthly Payment

$4,389

Principal & Interest$3,034
Property Tax$600
Insurance$175
HOA$580
%($120,000)
%

Location

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Investment Score

40C
Est. Monthly Rent
$3,249
Monthly Cashflow

Rent − PITIA

$-1,140
Full Cashflow

Incl. vacancy, PM, maint, capex

$-2,387

Mortgage (P+I)
$3,034
Cap Rate
1.29%
Cash-on-Cash
-23.87%
DSCR

Need ≥ 1.25 for DSCR loan

0.74
Break-even Rent
$6,349

NOI (Annual)
$7,761
Price-to-Rent

Lower = better for investors

15.4

* 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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