5123 Lotus St San Diego

5123 Lotus St San Diego

D

, CA 92107

$950,000

Beds

1

Baths

1

Sqft

384

Year Built

1937

Days on Market

61

Property Type

Single Family

HOA/mo

N/A

MLS ID

2600020SD

Description

Just around the corner from the surf and Dog Beach, this OB Beach Bungalow is made for sun-seekers and dog lovers alike. With a private backyard, detached garage, and all the charm of coastal living, it’s the perfect spot to surf at sunrise, stroll to local restaurants & bars, and soak up the laid-back Ocean Beach lifestyle every day. Don't let the size fool you, this spacious lot has great outdoor space and parking for 2. Possibility to expand, add ADU or redevelop in the future. Active STR/VRBO/AirBnB. Can be used as a primary home, vacation home or an investment.

Mortgage Calculator

Est. Monthly Payment

$6,031

Principal & Interest$4,804
Property Tax$950
Insurance$277
%($190,000)
%

Investment Score

0D
Est. Monthly Rent

Market Rent Estimate

$2,241
Monthly Cashflow

Rent − PITI − HOA

$-3,790
Full Cashflow

Incl. vacancy, PM, maint, capex

$-5,097

Mortgage (P+I)
$4,804
Cap Rate
-0.37%
Cash-on-Cash
-23.94%
DSCR

⚠️ Need ≥ 1.25 for DSCR loan

0.47
Break-even Rent
$6,031

NOI (Annual)
$-3,517
Price-to-Rent

Lower = better for investors

35.3

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

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