5605 Friars Rd
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5605 Friars Rd #296

B

San Diego, CA 92110

$599,000
NEW — 3d

Beds

2

Baths

2

Sqft

1,120

Year Built

1981

Days on Market

3

Property Type

Condo

HOA/mo

$664

MLS ID

SW26141870

This property is in San Diego (92110). View neighborhood stats →

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About This Property

Resort-Style Living in the Heart of San Diego! Turnkey and beautifully updated 2-bedroom, 2-bath condominium in highly desirable Presidio Place, just minutes from Mission Bay and San Diego's world-famous beaches. This inviting home features a spacious open floor plan, gorgeously remodeled, new kitchen with quartz countertops, stainless steel appliances, new luxury vinyl plank flooring, a NEW COOL and REFRESHING HVAC SYSTEM, cozy fireplace, in-unit washer and dryer, 2 spaces of secure underground parking(1 assigned and 1 visitor), 24 hour guarded, gated community and a private west facing balcony that captures refreshing coastal breezes and colorful sunset skies.Enjoy exceptional resort-style amenities, including pools, spas, tennis courts, pickleball, walking paths, and beautifully maintained grounds that create a true vacation at home atmosphere. WATER and TRASH included in HOA monthly fee. The YMCA is just next door, with a resident membership discount available and great fitness and recreation programs. Easy access to trolley and travel anywhere. Ideally located in the heart of San Diego, you'll be just minutes from Fashion Valley Mall, Mission Valley shopping and dining, Historic Old Town, USD, Snapdragon Stadium, Downtown San Diego, San Diego International Airport, and major freeways, providing convenient access to everything America's Finest City has to offer. Move-in ready and perfectly positioned to enjoy the ultimate Southern California lifestyle. VA and FHA approved condo. Experience the best of San Diego living at Presidio Place.

Mortgage Calculator

Est. Monthly Payment

$4,467

Principal & Interest$3,029
Property Tax$599
Insurance$175
HOA$664
%($119,800)
%

Location

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Investment Score

35C
Est. Monthly Rent
$3,175
Monthly Cashflow

Rent − PITIA

$-1,292
Full Cashflow

Incl. vacancy, PM, maint, capex

$-2,521

Mortgage (P+I)
$3,029
Cap Rate
1.02%
Cash-on-Cash
-25.25%
DSCR

Need ≥ 1.25 for DSCR loan

0.71
Break-even Rent
$6,449

NOI (Annual)
$6,091
Price-to-Rent

Lower = better for investors

15.7

* 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.

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