6955 Alvarado Rd
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6955 Alvarado Rd #70

B

San Diego, CA 92120

$442,500

Soft Appraisal Value: $440,000 · 0.6% above estimate

Beds

2

Baths

2

Sqft

879

Year Built

1970

Days on Market

8

Property Type

Condo

HOA/mo

$638

MLS ID

260011510SD

This property is in San Diego (92120). View neighborhood stats →

About This Property

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

$3,447

Principal & Interest$2,238
Property Tax$443
Insurance$129
HOA$638
%($88,500)
%

Location

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Investment Score

46B
Est. Monthly Rent
$2,679
Monthly Cashflow

Rent − PITIA

$-768
Full Cashflow

Incl. vacancy, PM, maint, capex

$-1,753

Mortgage (P+I)
$2,238
Cap Rate
1.31%
Cash-on-Cash
-23.77%
DSCR

Need ≥ 1.25 for DSCR loan

0.78
Break-even Rent
$4,956

NOI (Annual)
$5,815
Price-to-Rent

Lower = better for investors

13.8

* 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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