611 W Circle Drive

611 W Circle Drive

Dbottom 20%

Solana Beach, CA 92075

$4,995,000

Pass at asking: -$31,194/mo full cashflow at 20% down, 7.43% rate.

Works at $933,516 (81% under asking); even all cash loses money at asking.

Rent $9,376/mo from 9 leases of 2–4 bed houses within 0.5 mi ($7,507–$17,667).

Beds

3

Baths

2

Sqft

2,010

Year Built

1952

Days on Market

—

Property Type

Single Family

HOA/mo

$50

MLS ID

NDP2610152

This property is in Solana Beach (92075). View neighborhood stats →

About This Property

Experience oceanfront living at its finest in this coveted West of 101 Solana Beach location. This charming single-story, three-bedroom, two-bath, oceanfront home captures the essence of the Southern California lifestyle. Sweeping ocean views and breathtaking coastal beauty welcome you to paradise. The perfect beach house, featuring an inviting and thoughtfully designed layout that seamlessly blends comfortable everyday living with effortless entertaining. A warm and welcoming atmosphere creates the perfect setting for family and friends to gather, connect, and make lasting memories. A spacious deck provides the perfect setting for year-round enjoyment and making special memories. Ideally positioned along the coastal bluffs, the property also offers a two-car garage and access to a private, gated trail exclusively for homeowners, making beach strolls, coastal adventures, and catching the perfect wave part of everyday life. A rare opportunity to enjoy an exceptional coastal setting in one of Solana Beach's most desirable communities, just moments from San Diego's best beaches, the Cedros Design District, award-winning restaurants, and the Del Mar Racetrack. Let us welcome you home today!

Mortgage Calculator

Est. Monthly Payment

$34,251

Principal & Interest$27,749
Property Tax$4,995
Insurance$1,457
HOA$50
%($999,000)
%
Loan Term

Location

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Investment Score

0D
Est. Monthly Rent
$9,376

9 leases of 2–4 bed houses within 0.5 mi · $7,507–$17,667

Monthly Cashflow

Rent − PITIA

-$24,875
Full Cashflow

Incl. vacancy, PM, maint, capex

-$31,194

What would make this work?

$31,194/mo short at 20% down; +$40,512/mo rent closes it.

Break-even price

81% under asking

$933,516
Break-even rent

$40,512/mo above the estimate

$49,888/mo
Cashflow at 35% down
−$25,991/mo
Down payment to break even

Negative even all-cash

Not reachable
Rate to break even

Negative even at a 0% loan

Not reachable

Mortgage (P+I)
$27,749
Cap Rate
-0.71%
Cash-on-Cash
-37.47%
DSCR

Need ≥ 1.25 for DSCR loan

0.27

NOI (Annual)
-$35,714
Price-to-Rent

Lower = better for investors

44.4

* Modelled at 20% down, 7.43% 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
DCashflow−$31,194/mo