6878 Navajo Rd #111
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6878 Navajo Rd #111

Btop 30%

San Diego, CA 92119

$389,000
STR: check · no permits in this complex · TOT 12.75%

9 licensed short-term rentals within ½ mile (6 whole home), from the cities' license and permit lists of Nov 13, 2026.

No unit in this 63-unit complex holds a short-term rental license, so nothing shows its HOA allows them. Get the CC&Rs before counting on short-term income.

Pass at asking: -$1,881/mo full cashflow at 20% down, 7.36% rate.

Works at $142,739 (63% under asking), or at 91% down.

Rent $2,324/mo from 9 leases of 1–3 bed condos & townhomes within 0.5 mi ($2,169–$2,402).

Beds

2

Baths

1

Sqft

836

Year Built

1970

Days on Market

134

Property Type

Condo

HOA/mo

$698.27

MLS ID

260015997SD

This property is in San Diego (92119). Browse neighborhood analytics →

Virtual Tour

About This Property

Welcome home to this beautifully updated 2BR/1BA condo in the highly sought-after San Carlos neighborhood. This ground-level unit offers a bright, open layout with modern stainless steel appliances, central A/C, and a generous walk-in closet in the primary bedroom. Step outside to enjoy your private covered patio with extra storage. Located in the peaceful, beautifully landscaped community of Casa Del Cerro, this unit is conveniently positioned just steps from shared laundry, mailboxes, a sparkling pool and spa, fitness center, and clubhouse. Two dedicated parking spaces come included, and with HOA covering water, sewer, and trash, your monthly costs stay simple and predictable. Outdoor lovers will appreciate the unbeatable location just minutes from Cowles Mountain, Mission Trails, Lake Murray, and golf courses, with easy access to hiking, biking, and everyday conveniences. Move-in ready and priced to sell fast.

Mortgage Calculator

Est. Monthly Payment

$3,347

Principal & Interest$2,146
Property Tax$389
Insurance$113
HOA$698
%($77,800)
%
Loan Term

Location

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Zoned Schools

  • Elementary

    Dailard Elementary · grades K-5 · San Diego Unified

  • Middle

    Pershing Middle · grades 6-8 · San Diego Unified

  • High

    Henry High · grades 9-12 · San Diego Unified

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

Investment Score

43B
Est. Monthly Rent
$2,324

9 leases of 1–3 bed condos & townhomes within 0.5 mi · $2,169–$2,402

Blended 50/50 with a property-level estimate

Monthly Cashflow

Rent − PITIA

-$1,022
Full Cashflow

Incl. vacancy, PM, maint, capex

-$1,881

What would make this work?

$1,881/mo short at 20% down; 91% down or +$2,443/mo rent closes it.

Break-even price

63% under asking

$142,739
Break-even rent

$2,443/mo above the estimate

$4,767/mo
Cashflow at 35% down
−$1,479/mo
Down payment to break even

$353,990 cash

91%
Rate to break even

Negative even at a 0% loan

Not reachable

Mortgage (P+I)
$2,146
Cap Rate
1.18%
Cash-on-Cash
-29.02%
DSCR

Need ≥ 1.25 for DSCR loan

0.69

NOI (Annual)
$4,575
Price-to-Rent

Lower = better for investors

13.9

* Modelled at 20% down, 7.36% 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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BCashflow−$1,881/mo