3980 8th Ave
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3980 8th Ave #104

A

San Diego, CA 92103

$385,000
NEW — 0d

Beds

Baths

1

Sqft

383

Year Built

1972

Days on Market

0

Property Type

Condo

HOA/mo

$313.98

MLS ID

260010794SD

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

About This Property

Location, Location, Location!!! LOW HOA FEES include Water/Sewer! Why Throw $$$ Away Renting when You Can OWN Where You Live? Great Studio Condo in the Heart of Hillcrest with Spacious Covered Balcony overlooking the Pool! Secured Building Offers Gated/Assigned Parking Space, Laundry Facilities, Exercise Room & Sparkling Pool! Live Everyday Like You're On Vacation! Interior Features include Wood Floors, Well-Equipped Kitchen with Granite Counters, Decorative Fireplace & Crown Mouldings.

Mortgage Calculator

Est. Monthly Payment

$2,758

Principal & Interest$1,947
Property Tax$385
Insurance$112
HOA$314
%($77,000)
%

Location

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Comparable Properties

1 comp found

This Property

$2,503

vs

Comp Average

$2,618

Comps based on same zip code, similar beds (±1), price range (60-150%).

Investment Score

67A
Est. Monthly Rent
$2,503
Monthly Cashflow

Rent − PITIA

$-255
Full Cashflow

Incl. vacancy, PM, maint, capex

$-1,151

Mortgage (P+I)
$1,947
Cap Rate
2.48%
Cash-on-Cash
-17.94%
DSCR

Need ≥ 1.25 for DSCR loan

0.91
Break-even Rent
$3,998

NOI (Annual)
$9,546
Price-to-Rent

Lower = better for investors

12.8

* 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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