51 Delaport Place
Dbottom 20%Coronado, CA 92118
Pass at asking: -$11,386/mo full cashflow at 20% down, 7.36% rate.
Works at $509,143 (75% under asking); even all cash loses money at asking.
Rent $6,062/mo from 5 leases of 2-bed houses in 92118 ($5,025–$6,436).
Beds
2
Baths
3
Sqft
1,855
Year Built
1990
Days on Market
0
Property Type
Single Family
HOA/mo
$777
MLS ID
260026962SD
This property is in Coronado (92118). Browse neighborhood analytics →
About This Property
Beautifully upgraded 3bd/3ba home stunning custom built-ins, located in highly sought after Coronado Cays. The gourmet kitchen is a true showpiece, boasting rich custom Cherrywood cabinetry and granite countertops. Top-of-the-line appliances include 6-burner Wolf Stovetop, Sub-Zero Fridge & Wine cooler. Primary suite offers sitting area with ocean views & vaulted ceilings. Step out to your private patio & yard from the living area, great for entertaining. Enjoy access to a private clubhouse and pool offering the perfect blend of coastal lifestyle and resort style amenities. Just steps from Beach and Bay.
Mortgage Calculator
Est. Monthly Payment
$14,388
Location
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Zoned Schools
Middle
Coronado Middle · grades 6-8 · Coronado Unified
High
Coronado High · grades 9-12 · Coronado Unified
The district's assigned schools for this parcel, from its attendance boundaries and rules. Boundaries change: confirm with the district before you buy.
Comparable Properties
5 comps foundThis Property
$6,062
Comp Average
$7,213
38 Mardi Gras
3bd / 2.5ba · 1,830 sqft · Single Family
$1.79M
Est. $7,075/mo
22 Catspaw Cape
3bd / 2.5ba · 2,242 sqft · Single Family
$2.30M
Est. $7,564/mo
1414 4th St
3bd / 2ba · 1,608 sqft · Single Family
$2.10M
Est. $6,181/mo
200 E Ave
3bd / 3ba · 2,080 sqft · Single Family
$2.75M
Est. $7,339/mo
1630 Miguel Avenue
3bd / 3ba · 2,116 sqft · Single Family
$3.12M
Est. $7,907/mo
Comps based on same zip code, similar beds (±1), price range (60-150%).
Short-term not available here. Coronado bans stays of 25 days or less in residential zones. See the rules
Investment Score
5 leases of 2-bed houses in 92118 · $5,025–$6,436
Blended 50/50 with the zip's market median ($5,907)
Rent − PITIA
Incl. vacancy, PM, maint, capex
What would make this work?
$11,386/mo short at 20% down; +$14,787/mo rent closes it.
- Break-even price
- $509,143
- Break-even rent
- $20,849/mo
- Cashflow at 35% down
- −$9,318/mo
- Down payment to break even
- Not reachable
- Rate to break even
- Not reachable
75% under asking
$14,787/mo above the estimate
Negative even all-cash
Negative even at a 0% loan
Need ≥ 1.25 for DSCR loan
Lower = better for investors
* Modelled at 20% down, 7.36% 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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