700 Front San Diego

700 Front San Diego

D

, CA 92101

$1,495,000

Beds

2

Baths

2

Sqft

1,950

Year Built

1986

Days on Market

44

Property Type

Condo

HOA/mo

$2,282

MLS ID

260001391SD

Description

Live in true luxury at The Meridian - an iconic high-rise in the heart of the Marina District. This Stunning, spacious 2 bedroom has been professionally remodeled and showcases, Bold Designer Style with Sleek Contemporary Expresso-toned Italian finished cabinetry, gorgeous marble bathrooms and expansive floor-to-ceiling glass framing the dramatic city views! The Meridian offers a resort-level, full-service lifestyle with 24/7 concierge and security, valet parking, porter service, pool, spa, beautiful state of the art fitness center with steam & sauna, guest suites and much more! Don't miss this exceptional opportunity!

Mortgage Calculator

Est. Monthly Payment

$11,773

Principal & Interest$7,560
Property Tax$1,495
Insurance$436
HOA$2,282
%($299,000)
%

Investment Score

1D
Est. Monthly Rent

Market Rent Estimate

$7,231
Monthly Cashflow

Rent − PITI − HOA

$-4,542
Full Cashflow

Incl. vacancy, PM, maint, capex

$-7,450

Mortgage (P+I)
$7,560
Cap Rate
0.09%
Cash-on-Cash
-18.23%
DSCR

⚠️ Need ≥ 1.25 for DSCR loan

0.96
Break-even Rent
$11,773

NOI (Annual)
$1,308
Price-to-Rent

Lower = better for investors

17.2

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

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