5310 Rex Ave

5310 Rex Ave

D

San Diego, CA 92105

$325,000

Beds

1

Baths

1

Sqft

656

Year Built

1973

Days on Market

10

Property Type

Condo

HOA/mo

$381

MLS ID

260005888SD

View on MLS

Description

Hurry! Step into a spacious, bright west-facing corner unit at 5310 Rex Ave #3 in the gated Colina Point community, an inviting home base with thoughtful upgrades in all the right places. The open living area feels light and welcoming, and the kitchen delivers with newer counters and brand new flooring, plus included refrigerator and so much more for an easy move-in. You’ll love the convenience of the in-unit washer and dryer, the brand-new wall A/C for year-round comfort, and the covered assigned parking space. The updated bathroom features new flooring, new shower enclosure and fresh paint throughout the space creates an even more polished feel. Plus, you’ll be just a few minutes from SDSU and an easy stroll to groceries, dining, and the Colina del Sol Recreation Center. This appealing home in a private complex checks the boxes for lifestyle, location, and value. Parking is covered and in the alley.

Mortgage Calculator

Est. Monthly Payment

$2,444

Principal & Interest$1,643
Property Tax$325
Insurance$95
HOA$381
%($65,000)
%

Investment Score

27D
Est. Monthly Rent
$2,055
Monthly Cashflow

Rent − PITI − HOA

$-389
Full Cashflow

Incl. vacancy, PM, maint, capex

$-1,133

Mortgage (P+I)
$1,643
Cap Rate
1.88%
Cash-on-Cash
-7.19%
DSCR

⚠️ Need ≥ 1.25 for DSCR loan

0.84
Break-even Rent
$2,444

NOI (Annual)
$6,126
Price-to-Rent

Lower = better for investors

13.2

* 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.

Get Expert AnalysisOpen Full Calculator