4885 Cole St San Diego

4885 Cole St San Diego

D

, CA 92117

$479,000

Beds

2

Baths

1.5

Sqft

870

Year Built

1974

Days on Market

30

Property Type

Condo

HOA/mo

$423

MLS ID

260002432SD

Description

Move-in ready top-floor end unit with 2 bedrooms and 1.5 baths, featuring a private view 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

Mortgage Calculator

Est. Monthly Payment

$3,464

Principal & Interest$2,422
Property Tax$479
Insurance$140
HOA$423
%($95,800)
%

Investment Score

2D
Est. Monthly Rent

Market Rent Estimate

$1,999
Monthly Cashflow

Rent − PITI − HOA

$-1,465
Full Cashflow

Incl. vacancy, PM, maint, capex

$-2,324

Mortgage (P+I)
$2,422
Cap Rate
0.25%
Cash-on-Cash
-18.35%
DSCR

⚠️ Need ≥ 1.25 for DSCR loan

0.83
Break-even Rent
$3,464

NOI (Annual)
$1,177
Price-to-Rent

Lower = better for investors

20.0

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

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