5875 Friars Road 4307
Btop 30%San Diego, CA 92110
Pass at asking: -$2,806/mo full cashflow at 20% down, 7.49% rate.
Works at $235,221 (61% under asking), or at 88% down.
Rent $3,123/mo from 11 leases of 1–3 bed condos & townhomes within 0.5 mi ($2,830–$3,235).
Beds
2
Baths
2
Sqft
1,112
Year Built
1989
Days on Market
1
Property Type
Condo
HOA/mo
$590
MLS ID
PTP2608123
This property is in San Diego (92110). View neighborhood stats →
About This Property
FHA & VA Approved! Stunning Fully Renovated 2 Bed / 2 Bath in The Courtyards! Experience resort-style living in this beautifully updated third-floor condo, ideally situated in the highly sought-after gated community of The Courtyards. This quiet, top-level location features a covered balcony with serene views of the pond and central courtyard, perfect for relaxing or entertaining. Inside, you’ll find a complete renovation with oak shaker-style cabinets, elegant quartz countertops, luxury vinyl plank flooring, and modern finishes throughout. The open-concept living space boasts soaring 9-ft ceilings, a cozy gas fireplace, central heat & A/C, and in-unit washer/dryer hookups. The spacious primary suite offers a walk-in closet and an updated ensuite bath for the ultimate retreat. Enjoy world-class amenities including guard-gated security, sparkling pools, relaxing spas, tennis courts, saunas, a fitness center, and scenic walking paths through meticulously landscaped grounds. All of this is just minutes from Fashion Valley Mall, USD, Mission Bay, SeaWorld, San Diego’s famous beaches, and the airport—offering the perfect combination of convenience and luxury living.
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Est. Monthly Payment
$4,711
Location
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Comparable Properties
5 comps foundThis Property
$3,123
Comp Average
$3,234
1124 Fresno Street
2bd / 2.5ba · 1,188 sqft · Condo
$656K
Est. $3,329/mo
5665 Friars Rd
2bd / 2ba · 1,060 sqft · Condo
$570K
Est. $3,042/mo
6028 Gaines St
2bd / 2ba · 1,058 sqft · Condo
$659K
Est. $3,516/mo
5895 Friars Rd
2bd / 2ba · 1,176 sqft · Condo
$629K
Est. $3,064/mo
5645 Friars Road
2bd / 2ba · 1,118 sqft · Condo
$665K
Est. $3,219/mo
Comps based on same zip code, similar beds (±1), price range (60-150%).
Investment Score
11 leases of 1–3 bed condos & townhomes within 0.5 mi · $2,830–$3,235
Blended 50/50 with the zip's market median ($3,315)
Rent − PITIA
Incl. vacancy, PM, maint, capex
What would make this work?
$2,806/mo short at 20% down; 88% down or +$3,644/mo rent closes it.
- Break-even price
- $235,221
- Break-even rent
- $6,767/mo
- Cashflow at 35% down
- −$2,178/mo
- Down payment to break even
- 88%
- Rate to break even
- Not reachable
61% under asking
$3,644/mo above the estimate
$527,120 cash
Negative even at a 0% loan
Need ≥ 1.25 for DSCR loan
Lower = better for investors
* Modelled at 20% down, 7.49% rate, 30yr · vacancy 8% · PM 10% · capex 5% · maintenance 1%/yr.
Estimates only. Not financial advice. Verify all figures independently with a licensed professional before making any investment decision.
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