5885 El Cajon Boulevard

5885 El Cajon Boulevard

D

San Diego, CA 92115

$495,000

Soft Appraisal Value: $494,500 · 0.1% above estimate

Beds

2

Baths

2

Sqft

1,123

Year Built

1985

Days on Market

76

Property Type

Condo

HOA/mo

$622

MLS ID

SW25248098

View on MLS

Description

CHARMING Renovated 2 Bed / 2 Bath Condo in Prime College Area LocationDiscover this beautifully renovated, centrally located condo in a secure gated community just minutes from San Diego State University and a variety of shopping, dining, and entertainment options. Perfectly designed for comfort and privacy, this end-unit offers generous-sized bedrooms positioned on opposite ends of the unit, providing maximum privacy for residents and guests. A fully renovated second bathroom, recessed lighting throughout the living room and second bedroom, and in-unit laundry hook-ups for convenience. The spacious storage area and a large private patio—likely the largest in the complex—are ideal for entertaining or relaxing outdoors. Additional features include one covered parking space, with an option to purchase an extra parking spot through the HOA for a small fee. The complex boasts video surveillance for added security, making it a safe and peaceful place to call home.Just a 5-minute drive to SDSU, this condo offers walkability to stores, restaurants, and more. Don’t miss this fantastic opportunity to live in a beautifully updated home in a vibrant, centrally located community!

Mortgage Calculator

Est. Monthly Payment

$3,764

Principal & Interest$2,503
Property Tax$495
Insurance$144
HOA$622
%($99,000)
%

Investment Score

3D
Est. Monthly Rent
$2,708
Monthly Cashflow

Rent − PITI − HOA

$-1,056
Full Cashflow

Incl. vacancy, PM, maint, capex

$-2,091

Mortgage (P+I)
$2,503
Cap Rate
1.00%
Cash-on-Cash
-25.35%
DSCR

⚠️ Need ≥ 1.25 for DSCR loan

0.72
Break-even Rent
$5,424

NOI (Annual)
$4,940
Price-to-Rent

Lower = better for investors

15.2

* 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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