6955 Alvarado Rd San Diego

6955 Alvarado Rd San Diego

D

, CA 92120

$449,000

Beds

2

Baths

2

Sqft

876

Year Built

1970

Days on Market

41

Property Type

Condo

HOA/mo

$640

MLS ID

260001485SD

Description

YOU CAN BUY THIS PROPERTY W/ONLY $5,000!! Move-in ready, first-floor 2-bedroom, 2 full bath unit with in-unit laundry, featuring water included, a community pool, and pet-friendly living. Conveniently located near Lake Murray, offering walking trails and outdoor recreation. Close to shopping centers, grocery stores, major hospitals, public transit, and minutes from San Diego State University. Easy access to I-8 and I-125 provides effortless commuting throughout San Diego.

Mortgage Calculator

Est. Monthly Payment

$3,490

Principal & Interest$2,270
Property Tax$449
Insurance$131
HOA$640
%($89,800)
%

Investment Score

19D
Est. Monthly Rent

Market Rent Estimate

$2,827
Monthly Cashflow

Rent − PITI − HOA

$-663
Full Cashflow

Incl. vacancy, PM, maint, capex

$-1,688

Mortgage (P+I)
$2,270
Cap Rate
1.56%
Cash-on-Cash
-8.86%
DSCR

⚠️ Need ≥ 1.25 for DSCR loan

1.25
Break-even Rent
$3,490

NOI (Annual)
$6,991
Price-to-Rent

Lower = better for investors

13.2

* Defaults: 20% down, 6.5% rate, 30yr.

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