6443 Cleo St

6443 Cleo St

D

San Diego, CA 92115

$1,100,000

Soft Appraisal Value: $1,090,800 · 0.8% above estimate

Beds

3

Baths

2

Sqft

1,556

Year Built

1952

Days on Market

26

Property Type

Single Family

HOA/mo

N/A

MLS ID

260002545SD

Description

6443 Cleo Street is a value-add investment located just 1.2 miles from the San Diego State University campus. The current residence is made up of (5) bedrooms & (2) bathrooms (two of the bedrooms are non-conforming) and currently grosses $6,700 a month. Investors may explore the idea of adding a 1,200 square foot, 4 bedroom / 2 bath ADU in the backyard and/or convert the existing two car garage into another unit or bedroom. With the consistent rental demand and proximity to campus, this property poised for stable cash flow and long term appreciation.

Mortgage Calculator

Est. Monthly Payment

$6,983

Principal & Interest$5,562
Property Tax$1,100
Insurance$321
%($220,000)
%

Investment Score

3D
Est. Monthly Rent
$4,309
Monthly Cashflow

Rent − PITIA

$-2,674
Full Cashflow

Incl. vacancy, PM, maint, capex

$-4,582

Mortgage (P+I)
$5,562
Cap Rate
1.07%
Cash-on-Cash
-24.99%
DSCR

⚠️ Need ≥ 1.25 for DSCR loan

0.62
Break-even Rent
$10,260

NOI (Annual)
$11,763
Price-to-Rent

Lower = better for investors

21.3

* 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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