3973 8th San Diego

3973 8th San Diego

D

, CA 92103

$1,475,000

Beds

3

Baths

1

Sqft

1,340

Year Built

1930

Days on Market

148

Property Type

Single Family

HOA/mo

N/A

MLS ID

250040960SD

Description

Charming craftsman home with three bedrooms and one full bathroom, large kitchen. Private courtyard and large parking lot area behind home and back gate. Home is currently being utilized as an Air BnB. Large extra studio space in attic with separate side entrance is not listed in square footage. Air conditioning with paid solar unit. Parking area provides extra revenue. Property is listed and adjoining other listed parcels APN#444-690-05-00 and 444-690-03-00. Three can be purchased together to form one larger development. Owner estimated a structure with 160 units.

Mortgage Calculator

Est. Monthly Payment

$9,364

Principal & Interest$7,458
Property Tax$1,475
Insurance$430
%($295,000)
%

Investment Score

0D
Est. Monthly Rent

Market Rent Estimate

$3,765
Monthly Cashflow

Rent − PITI − HOA

$-5,598
Full Cashflow

Incl. vacancy, PM, maint, capex

$-7,694

Mortgage (P+I)
$7,458
Cap Rate
-0.19%
Cash-on-Cash
-22.77%
DSCR

⚠️ Need ≥ 1.25 for DSCR loan

0.50
Break-even Rent
$9,363

NOI (Annual)
$-2,821
Price-to-Rent

Lower = better for investors

32.6

* Defaults: 20% down, 6.5% rate, 30yr.

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