6955 Alvarado Rd

6955 Alvarado Rd #70

D

San Diego, CA 92120

$449,900

Beds

2

Baths

2

Sqft

879

Year Built

1970

Days on Market

32

Property Type

Condo

HOA/mo

$638

MLS ID

260005017SD

Description

Light, bright & airy! This terrific, centrally located VA APPROVED condo is located on the top floor of the complex. The unit features a wonderful open floor plan w/ dual master suites, A NEW LARGE STACKED WASHER / DRYER IN THE LAUNDRY CLOSET, air conditioning & a good sized balcony perfect for those warm San Diego Summer nights. Among the many upgrades are fresh paint, new carpet, updated lighting fixtures and a new dishwasher. Please read the supplement for more! The complex is located close to SDSU, walking distance to the trolley and restaurants. Amenities include a wonderful pool, BBQ area and plenty of grass to play on. Welcome home!

Mortgage Calculator

Est. Monthly Payment

$3,494

Principal & Interest$2,275
Property Tax$450
Insurance$131
HOA$638
%($89,980)
%

Investment Score

0D
Est. Monthly Rent
$2,124
Monthly Cashflow

Rent − PITIA

$-1,370
Full Cashflow

Incl. vacancy, PM, maint, capex

$-2,233

Mortgage (P+I)
$2,275
Cap Rate
0.11%
Cash-on-Cash
-29.78%
DSCR

⚠️ Need ≥ 1.25 for DSCR loan

0.61
Break-even Rent
$5,024

NOI (Annual)
$500
Price-to-Rent

Lower = better for investors

17.7

* 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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