6333 College Grove Way
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6333 College Grove Way #5110

B

San Diego, CA 92115

$465,000

Soft Appraisal Value: $472,100 · 1.5% below estimate

Beds

2

Baths

1.5

Sqft

865

Year Built

1973

Days on Market

173

Property Type

Condo

HOA/mo

$433.5

MLS ID

250044528SD

This property is in San Diego (92115). View neighborhood stats →

Virtual Tour

About This Property

Move in Ready 2-story townhome gated at the Lake Park Villas Community. Front entry gated courtyard patio for outdoor living. First floor has large spacious living room with half bath and good size eat in kitchen with lots of cabinets and granite countertops. Both bedrooms located upstairs with mirrored closets, updated bathroom with new toilet/bathtub. Dual pane windows throughout. Many upgrades include new recessed lighting, new refrigerator, new faucet in kitchen and bathrooms, new dishwasher, and new heater. Near FWY 94, 805, 15. Across the street from College Grove Shopping with Target and Sam's Club. Qualify for First Time Home Buyer Down Payment Assistance and closing costs grant with SDHC. Move in Ready 2-story townhome gated at the Lake Park Villas Community. Front entry gated courtyard patio for outdoor living. First floor has large spacious living room with half bath and good size eat in kitchen with lots of cabinets and granite countertops. Both bedrooms located upstairs with mirrored closets, updated bathroom with new toilet/bathtub. Dual pane windows throughout. Many upgrades include new recessed lighting, new refrigerator, new faucet in kitchen and bathrooms, new dishwasher, and new heater. Near FWY 94, 805, 15. Across the street from College Grove Shopping with Target and Sam's Club. Qualify for First Time Home Buyer Down Payment Assistance and closing costs grant with SDHC.

Mortgage Calculator

Est. Monthly Payment

$3,385

Principal & Interest$2,351
Property Tax$465
Insurance$136
HOA$434
%($93,000)
%

Location

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Investment Score

56B
Est. Monthly Rent
$2,840
Monthly Cashflow

Rent − PITIA

$-546
Full Cashflow

Incl. vacancy, PM, maint, capex

$-1,586

Mortgage (P+I)
$2,351
Cap Rate
1.97%
Cash-on-Cash
-20.47%
DSCR

Need ≥ 1.25 for DSCR loan

0.84
Break-even Rent
$4,900

NOI (Annual)
$9,178
Price-to-Rent

Lower = better for investors

13.6

* 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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