6747 Friars 127

6747 Friars 127

Ctop 80%

San Diego, CA 92108

$585,000

Pass at asking: -$2,778/mo full cashflow at 20% down, 7.49% rate.

Works at $224,846 (62% under asking), or at 88% down.

Rent $3,023/mo from 13 leases of 1–3 bed condos & townhomes within 0.5 mi ($2,872–$3,576).

Beds

2

Baths

2

Sqft

1,088

Year Built

1979

Days on Market

—

Property Type

Condo

HOA/mo

$593

MLS ID

260026111SD

This property is in San Diego (92108). View neighborhood stats →

About This Property

Rarely available top-floor corner condo offering the ultimate combination of space, privacy, and prime location! As the largest 2-bedroom floor plan in the highly desirable Mission Greens community, this single-level residence features an abundance of natural light and only one shared wall. Enjoy updated finishes, new appliances, modern recessed lighting, a cozy gas fireplace, stacked in-unit laundry, and a spacious primary suite complete with a walk-in closet. Step outside to your quiet private patio for morning coffee, or relax on the expansive sun deck located right across the hall. The resort-style community amenities include a pool, hot tub, fitness center, and visitor parking. The HOA covers water, trash, cable, and internet. Prime location close to Fashion Valley Mall, the trolley line, Snapdragon Stadium, and the highly anticipated, transformative Riverwalk development, this location delivers unmatched lifestyle convenience and incredible future upside. Minutes to USD, Mission Bay, downtown, and major freeways! Fashion Valley Mall -- approximately 0.5 miles San Diego Trolley Green Line -- nearby trolley access Snapdragon Stadium -- approximately 2 miles Mission Valley River Park -- near Snapdragon Stadium and San Diego River Trail access University of San Diego -- minutes away Mission Bay -- minutes away Downtown San Diego -- convenient access via major freeways and trolley

Mortgage Calculator

Est. Monthly Payment

$4,618

Principal & Interest$3,269
Property Tax$585
Insurance$171
HOA$593
%($117,000)
%
Loan Term

Location

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Investment Score

35C
Est. Monthly Rent
$3,023

13 leases of 1–3 bed condos & townhomes within 0.5 mi · $2,872–$3,576

Blended 50/50 with the zip's market median ($2,903)

Monthly Cashflow

Rent − PITIA

-$1,595
Full Cashflow

Incl. vacancy, PM, maint, capex

-$2,778

What would make this work?

$2,778/mo short at 20% down; 88% down or +$3,608/mo rent closes it.

Break-even price

62% under asking

$224,846
Break-even rent

$3,608/mo above the estimate

$6,631/mo
Cashflow at 35% down
−$2,165/mo
Down payment to break even

$514,800 cash

88%
Rate to break even

Negative even at a 0% loan

Not reachable

Mortgage (P+I)
$3,269
Cap Rate
1.32%
Cash-on-Cash
-28.49%
DSCR

Need ≥ 1.25 for DSCR loan

0.65

NOI (Annual)
$7,708
Price-to-Rent

Lower = better for investors

16.1

* Modelled at 20% down, 7.49% 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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CCashflow−$2,778/mo