5006 Collwood Way
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5006 Collwood Way #89

D

San Diego, CA 92115

$589,900
NEW — 0d on market

Beds

2

Baths

2

Sqft

1,020

Year Built

1981

Days on Market

0

Property Type

Condo

HOA/mo

$563

MLS ID

260008172SD

This property is in San Diego (92115). View neighborhood stats →

About This Property

Upgraded Condo in the College area and within walking distance to SDSU. Welcome home to this bright and inviting top-floor 2 bedroom, 2 bathroom condo located in the desirable Collwood Meadows community. This move-in ready home offers an open and functional floor plan with abundant natural light throughout. The living room features a built-in bookcase and a cozy wood-burning fireplace accented by Spanish-inspired tile and a charming wood mantel. The space flows seamlessly into the dining area, creating the perfect setting for relaxing or entertaining. Beautiful hardwood laminate flooring runs through the main living areas, complemented by faux wood blinds and ceiling fans. The galley-style kitchen is thoughtfully designed with granite countertops, stainless steel appliances, tile flooring, and recessed lighting—ideal for everyday cooking or hosting guests. The spacious primary suite offers dual closets with double doors and an ensuite bathroom featuring a large granite-top vanity with a dedicated makeup area and a tiled shower. Additional highlights include a full-sized hallway laundry closet, forced air heating and newer air conditioning(replaced in 2021), and a private patio with a convenient storage closet. Nestled within the tree-lined Collwood Meadows community, residents enjoy lush green spaces along with a community pool and spa. Located just minutes from San Diego State University/College area with easy access to freeways, popular restaurants, shopping, and nearby parks, this home offers both comfort and convenience in a prime location.

Mortgage Calculator

Est. Monthly Payment

$4,308

Principal & Interest$2,983
Property Tax$590
Insurance$172
HOA$563
%($117,980)
%

Location

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Investment Score

0D
Est. Monthly Rent
$2,259
Monthly Cashflow

Rent − PITIA

$-2,049
Full Cashflow

Incl. vacancy, PM, maint, capex

$-3,060

Mortgage (P+I)
$2,983
Cap Rate
-0.16%
Cash-on-Cash
-31.12%
DSCR

⚠️ Need ≥ 1.25 for DSCR loan

0.52
Break-even Rent
$6,233

NOI (Annual)
$-925
Price-to-Rent

Lower = better for investors

21.8

* 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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