4460 Delta St 8

4460 Delta St 8

Atop 10%

San Diego, CA 92113

$379,900
NEW — 1d

Pass at asking: -$1,256/mo full cashflow at 20% down, 7.43% rate.

Works at $216,356 (43% under asking), or at 68% down.

Rent $2,580/mo from 5 leases of 2-bed condos & townhomes in 92113 ($2,281–$2,827).

Beds

2

Baths

1

Sqft

914

Year Built

1981

Days on Market

1

Property Type

Condo

HOA/mo

$325

MLS ID

260026710SD

This property is in San Diego (92113). Browse neighborhood analytics →

About This Property

Fantastic opportunity to own this centrally located, beautifully updated two bedrooms, one bathroom home in a gated community. Vinyl plank flooring seamlessly flows and connects the spacious living and dining areas. Recessed and designer lighting add to the modern updates you'll find throughout. The stylish kitchen enjoys white shaker cabinets, quartz countertops and stainless-steel appliances. Two generous bedrooms with ample closet storage enjoy a tastefully remodeled split bathroom layout that has complimenting white shaker cabinets, quartz counters, and illuminated LED mirror. The separate shower area includes an updated tile surround with a convenient niche shelf. Other features include newer dual pane windows, updated interior doors and trim throughout, in-unit side-by-side washer and dryer, neutral ceiling fans, and off-street parking. Close to all, you'll be minutes away from Downtown San Diego and Balboa Park, Coronado, with ease and convenience to local shops, restaurants, and freeways.

Mortgage Calculator

Est. Monthly Payment

$2,926

Principal & Interest$2,111
Property Tax$380
Insurance$111
HOA$325
%($75,980)
%
Loan Term

Investment Score

70A
Est. Monthly Rent
$2,580

5 leases of 2-bed condos & townhomes in 92113 · $2,281–$2,827

Blended 50/50 with the zip's market median ($2,568)

Monthly Cashflow

Rent − PITIA

-$346
Full Cashflow

Incl. vacancy, PM, maint, capex

-$1,256

What would make this work?

$1,256/mo short at 20% down; 68% down or +$1,632/mo rent closes it.

Break-even price

43% under asking

$216,356
Break-even rent

$1,632/mo above the estimate

$4,212/mo
Cashflow at 35% down
−$861/mo
Down payment to break even

$258,332 cash

68%
Rate to break even

at 20% down

0.08%

Mortgage (P+I)
$2,111
Cap Rate
3.11%
Cash-on-Cash
-19.84%
DSCR

Need ≥ 1.25 for DSCR loan

0.88

NOI (Annual)
$11,797
Price-to-Rent

Lower = better for investors

12.3

* Modelled at 20% down, 7.43% rate, 30yr · vacancy 8% · PM 10% · capex 5% · maintenance 1%/yr.

Estimates only. Not financial advice. Verify all figures independently with a licensed professional before making any investment decision.

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ACashflow−$1,256/mo