550 Park Blvd San Diego

550 Park Blvd San Diego

D

, CA 92101

$560,000
NEW — 3d on market

Beds

1

Baths

1

Sqft

1,018

Year Built

2004

Days on Market

3

Property Type

Condo

HOA/mo

$649

MLS ID

260004765SD

View on MLS

Description

Beautiful & VERY RARE 1 bedroom, 1 full bath including West facing balcony & Private Rooftop Patio. One of the 1st condos to be selected at Park Boulevard West. Over 1,000 sq. ft (as per assessor record) prime West facing condo w/ private rooftop area large enough for entertaining or private sunbathing area. Top floor - end unit, assigned parking space & ready for IMMEDIATE occupancy.Great location close to Ballpark Gaslamp District, Grocery stores, Walk to Little Italy. Beautiful & VERY RARE 1 bedroom, 1 full bath including West facing balcony & a VERY RARE Private Rooftop Patio. One of the 1st condos to be selected at Park Boulevard West. Over 1,000 sq. ft (as per assessor record) prime West facing condo w/ private rooftop area large enough for entertaining or private sunbathing area. Top floor - end unit, assigned parking space & ready for IMMEDIATE occupancy. Great location close to Ballpark Gaslamp District, Grocery stores, Walk to Little Italy.

Mortgage Calculator

Est. Monthly Payment

$4,204

Principal & Interest$2,832
Property Tax$560
Insurance$163
HOA$649
%($112,000)
%

Investment Score

4D
Est. Monthly Rent

Market Rent Estimate

$2,760
Monthly Cashflow

Rent − PITI − HOA

$-1,444
Full Cashflow

Incl. vacancy, PM, maint, capex

$-2,545

Mortgage (P+I)
$2,832
Cap Rate
0.61%
Cash-on-Cash
-15.47%
DSCR

⚠️ Need ≥ 1.25 for DSCR loan

0.97
Break-even Rent
$4,204

NOI (Annual)
$3,438
Price-to-Rent

Lower = better for investors

16.9

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

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