5875 Friars Road 4307

5875 Friars Road 4307

Btop 30%

San Diego, CA 92110

$599,000
NEW — 1d

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.

Mortgage Calculator

Est. Monthly Payment

$4,711

Principal & Interest$3,347
Property Tax$599
Insurance$175
HOA$590
%($119,800)
%
Loan Term

Location

Loading map...

Investment Score

36B
Est. Monthly Rent
$3,123

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)

Monthly Cashflow

Rent − PITIA

-$1,588
Full Cashflow

Incl. vacancy, PM, maint, capex

-$2,806

What would make this work?

$2,806/mo short at 20% down; 88% down or +$3,644/mo rent closes it.

Break-even price

61% under asking

$235,221
Break-even rent

$3,644/mo above the estimate

$6,767/mo
Cashflow at 35% down
−$2,178/mo
Down payment to break even

$527,120 cash

88%
Rate to break even

Negative even at a 0% loan

Not reachable

Mortgage (P+I)
$3,347
Cap Rate
1.40%
Cash-on-Cash
-28.10%
DSCR

Need ≥ 1.25 for DSCR loan

0.66

NOI (Annual)
$8,372
Price-to-Rent

Lower = better for investors

16.0

* 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.

Open Full Calculator
BCashflow−$2,806/mo