4876 Old Cliffs Rd. San Diego

4876 Old Cliffs Rd. San Diego

D

, CA 92120

$299,999
NEW — 0d on market

Beds

2

Baths

2

Sqft

1,120

Year Built

2003

Days on Market

0

Property Type

Manufactured

HOA/mo

$1,837

MLS ID

260004963SD

View on MLS

Description

Remodeled and Move in Ready, 3 BR / 2BA, Paid For Solar, and Views! The Cliffs, 55+ Senior Mobile Home Park, is just minutes from Admiral Baker Golf Course & Mission Trails Regional This 2003 manufactured home exterior features paid for solar panels, shingle roof, hardi-panel fiber cement siding, new hot water heater, and a 8×10 tuff shed. Termite fumigation is still under warranty. The sound of the breeze whispering through the tall pine tree is relaxing, a wide walkway and flowering plants welcome you to the entrance and the newly tiled covered deck. Enjoy north facing views and city lights from the yard, deck, or living room. Interior features a vaulted ceiling, ample windows, new dual glazed vinyl sliding glass door, new luxury vinyl plank flooring throughout, fresh paint, and new whole house air conditioner. The kitchen has plenty of storage cabinets, including pantry, new stainless-steel appliances, and gleaming quartz counters. A full-size washer and dryer are in the separate laundry. Bedrooms are of ample size with primary bedroom having a walk-in closet, soaking tub and shower combo. Over 1,120 square feet conveniently located next to the clubhouse, library, heated pool and hot tub.

Mortgage Calculator

Est. Monthly Payment

$3,741

Principal & Interest$1,517
Property Tax$300
Insurance$87
HOA$1,837
%($60,000)
%

Investment Score

0D
Est. Monthly Rent

Estimated Rent

$2,400
Monthly Cashflow

Rent − PITI − HOA

$-1,341
Full Cashflow

Incl. vacancy, PM, maint, capex

$-2,143

Mortgage (P+I)
$1,517
Cap Rate
-2.50%
Cash-on-Cash
-26.82%
DSCR
1.58
Break-even Rent
$3,741

NOI (Annual)
$-7,512
Price-to-Rent

Lower = better for investors

10.4

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

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