6333 College Grove Way

6333 College Grove Way

D

San Diego, CA 92115

$449,900

Beds

2

Baths

1.5

Sqft

865

Year Built

1973

Days on Market

23

Property Type

Condo

HOA/mo

$451

MLS ID

PTP2601776

Description

Opportunity awaits!!! Possibility of Assumable Mortgage at 3.625!! FHA and VA also welcome! Wonderful Lake Park Villas home- Gated community that is centrally located- Close to all shopping, freeways, transportation, and restaurants! Nicely appointed condo features patio area and 2 bedroom/ 2 bath Open floorplan- Kitchen area with granite countertops, extensive cabinetry, and stainless steel appliances- Upgraded laminate flooring throughout- Upstairs features 2 spacious bedrooms and bathroom area- Wonderful gated community has well maintained grounds and three community pools to enjoy! Hurry this Lake Park Villas unit won't last!!

Mortgage Calculator

Est. Monthly Payment

$3,307

Principal & Interest$2,275
Property Tax$450
Insurance$131
HOA$451
%($89,980)
%

Investment Score

1D
Est. Monthly Rent
$2,006
Monthly Cashflow

Rent − PITI − HOA

$-1,301
Full Cashflow

Incl. vacancy, PM, maint, capex

$-2,137

Mortgage (P+I)
$2,275
Cap Rate
0.37%
Cash-on-Cash
-28.50%
DSCR

⚠️ Need ≥ 1.25 for DSCR loan

0.61
Break-even Rent
$4,782

NOI (Annual)
$1,654
Price-to-Rent

Lower = better for investors

18.7

* 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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