4885 Cole

4885 Cole #36

A

San Diego, CA 92117

$459,000

Soft Appraisal Value: $453,900 · 1.1% above estimate

Beds

2

Baths

1.5

Sqft

870

Year Built

1974

Days on Market

46

Property Type

Condo

HOA/mo

$423

MLS ID

260010629SD

This property is in San Diego (92117). View neighborhood stats →

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About This Property

Move-in-ready top-floor end unit with 2 bedrooms and 1.5 baths, featuring a private balcony. This bright and open floor plan boasts luxury vinyl plank flooring, new carpeting, freshly painted interiors, a ceiling fan, mirrored closet doors, and upscale bathrooms. The main bathroom includes a tub/shower combo, and there's a convenient half bath off the living room for guests. Enjoy an assigned parking space with easy access to the unit via stairs or elevator. Low HOA dues cover water! Just one block from the popular Clairemont Town Square with its many shops and restaurants, and minutes from Mission Bay and La Jolla beaches. Perfect for an investor, the last rent was $2950

Mortgage Calculator

Est. Monthly Payment

$3,337

Principal & Interest$2,321
Property Tax$459
Insurance$134
HOA$423
%($91,800)
%

Location

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Investment Score

59B
Est. Monthly Rent
$2,879
Monthly Cashflow

Rent − PITIA

$-458
Full Cashflow

Incl. vacancy, PM, maint, capex

$-1,503

Mortgage (P+I)
$2,321
Cap Rate
2.14%
Cash-on-Cash
-19.64%
DSCR

Need ≥ 1.25 for DSCR loan

0.86
Break-even Rent
$4,830

NOI (Annual)
$9,820
Price-to-Rent

Lower = better for investors

13.3

* 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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