65 Antigua Court
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65 Antigua Court

Dbottom 20%

Coronado, CA 92118

$1,995,000

Pass at asking: -$11,431/mo full cashflow at 20% down, 7.43% rate.

Works at $506,662 (75% under asking); even all cash loses money at asking.

Rent $6,292/mo from 8 leases of 2-bed condos & townhomes in 92118 ($5,531–$7,660).

Beds

2

Baths

2

Sqft

1,941

Year Built

1973

Days on Market

166

Property Type

Condo

HOA/mo

$953.24

MLS ID

260012882SD

This property is in Coronado (92118). Browse neighborhood analytics →

Virtual Tour

About This Property

First time on the market, downstairs corner condo in Antigua Court! Premier location on the channel that opens out to a green belt. This spacious condo features the largest floorplan with abundant natural light, tile flooring, Wood shutters, 2 car detached garage. Relax on the a charming patio overlooking the bay with a boat slip just steps away. Enjoy a unique & peaceful location perfect for enjoying waterfront living. Don’t miss this exceptional opportunity to own a stunning coastal retreat with plenty of space and stunning views!

Mortgage Calculator

Est. Monthly Payment

$14,613

Principal & Interest$11,083
Property Tax$1,995
Insurance$582
HOA$953
%($399,000)
%
Loan Term

Location

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Zoned Schools

  • Middle

    Coronado Middle · grades 6-8 · Coronado Unified

  • High

    Coronado High · grades 9-12 · Coronado Unified

The district's assigned schools for this parcel, from its attendance boundaries and rules. Boundaries change: confirm with the district before you buy.

Short-term not available here. Coronado bans stays of 25 days or less in residential zones. See the rules

Investment Score

0D
Est. Monthly Rent
$6,292

8 leases of 2-bed condos & townhomes in 92118 · $5,531–$7,660

Blended 50/50 with a property-level estimate

Monthly Cashflow

Rent − PITIA

-$8,321
Full Cashflow

Incl. vacancy, PM, maint, capex

-$11,431

What would make this work?

$11,431/mo short at 20% down; +$14,845/mo rent closes it.

Break-even price

75% under asking

$506,662
Break-even rent

$14,845/mo above the estimate

$21,137/mo
Cashflow at 35% down
−$9,353/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)
$11,083
Cap Rate
-0.02%
Cash-on-Cash
-34.38%
DSCR

Need ≥ 1.25 for DSCR loan

0.43

NOI (Annual)
-$400
Price-to-Rent

Lower = better for investors

26.4

* 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.

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DCashflow−$11,431/mo