4040 Porte La Paz San Diego

4040 Porte La Paz San Diego

D

, CA 92122

$549,000

Beds

1

Baths

1

Sqft

685

Year Built

1986

Days on Market

29

Property Type

Condo

HOA/mo

$522

MLS ID

PTP2600746

Description

La Paz Spacious 1bd+loft available for move in! Remodeled throughout with mahogany wood flooring, custom paint, recessed lighting, vaulted ceilings, tile in kitchen and bath, new stainless appliances including dishwasher, refrigerator, microwave, newer countertops, cabinetry. Upgraded lighting, ceiling fan in primary bedroom, large walk-in closet with additional storage. Primary bedroom and full bathroom on the main floor. Upstairs loft space that can be a 2nd bedroom or office space, multiple use. Combo washer/dryer in unit. 1 assigned covered parking space w storage space plus Guest Parking. Attic storage. Community pool, spa, and bbq! Close to UCSD, 52/5/805 freeways, La Jolla beaches and Torrey pines golf course. Close to restaurants, huge parks, canyons, and trolley. Minutes to anywhere in San Diego. Pets ok with restrictions.

Mortgage Calculator

Est. Monthly Payment

$4,007

Principal & Interest$2,776
Property Tax$549
Insurance$160
HOA$522
%($109,800)
%

Investment Score

9D
Est. Monthly Rent

Market Rent Estimate

$3,011
Monthly Cashflow

Rent − PITI − HOA

$-996
Full Cashflow

Incl. vacancy, PM, maint, capex

$-2,146

Mortgage (P+I)
$2,776
Cap Rate
1.38%
Cash-on-Cash
-10.89%
DSCR

⚠️ Need ≥ 1.25 for DSCR loan

1.08
Break-even Rent
$4,007

NOI (Annual)
$7,560
Price-to-Rent

Lower = better for investors

15.2

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

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