5432 Adobe Falls Rd San Diego

5432 Adobe Falls Rd San Diego

D

, CA 92120

$399,900
NEW — 2d on market

Beds

2

Baths

1.5

Sqft

884

Year Built

1973

Days on Market

2

Property Type

Condo

HOA/mo

$500

MLS ID

260004791SD

View on MLS

Description

Del Cerro, 2 Bedroom, 1.5 bathroom, condo in Del Cerro, conveniently located near SDSU, Snap Dragon Stadium and a nearby trolley station. Easy access to community shopping and close to freeway access to quickly get to anywhere in San Diego (Zoo, Petco Park, Balboa Park, up the 15 Hwy to Riverside). Just minutes to the beaches. Freshly painted, spiffed up and ready to move in as well as a great opportunity to put in your own TLC. A vaulted ceiling living room adjacent to the balcony/patio offers a spacial feeling of a larger living experience. A great condo to entertain friends in home or at the community pool, spa and BBQ or take a stroll to Del's Hideaway restaurant/bar! Plenty of street parking. Adobe Falls complex is a quiet community, tucked away just off Waring Road and walking distance to a trolley stop.

Mortgage Calculator

Est. Monthly Payment

$3,039

Principal & Interest$2,022
Property Tax$400
Insurance$117
HOA$500
%($79,980)
%

Investment Score

20D
Est. Monthly Rent

Market Rent Estimate

$2,440
Monthly Cashflow

Rent − PITI − HOA

$-599
Full Cashflow

Incl. vacancy, PM, maint, capex

$-1,493

Mortgage (P+I)
$2,022
Cap Rate
1.59%
Cash-on-Cash
-8.99%
DSCR

⚠️ Need ≥ 1.25 for DSCR loan

1.21
Break-even Rent
$3,039

NOI (Annual)
$6,344
Price-to-Rent

Lower = better for investors

13.7

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

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