705 Harbison Avenue
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705 Harbison Avenue

Ctop 80%

National City, CA 91950

$885,000

Pass at asking: -$4,232/mo full cashflow at 20% down, 7.43% rate.

Works at $334,004 (62% under asking), or at 89% down.

Rent $3,331/mo from 24 leases of 1–3 bed houses within 2 mi ($3,274–$3,822).

Beds

2

Baths

2

Sqft

1,200

Year Built

1958

Days on Market

111

Property Type

Single Family

HOA/mo

N/A

MLS ID

260017977SD

This property is in National City (91950). Browse neighborhood analytics →

Virtual Tour

About This Property

Motivated Sellers and will consider ALL Reasonable Offers. 3-Bedrooms/2 Bathrooms house with a huge lot for future expansion including a full size Accessory Dwelling Unit (ADU). Conveniently located property in National City near shopping, restaurants, hospital and schools. Buyers to perform their own due diligence as to the accuracy of the information stated herein.

Mortgage Calculator

Est. Monthly Payment

$6,060

Principal & Interest$4,917
Property Tax$885
Insurance$258
%($177,000)
%
Loan Term

Location

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Zoned Schools

  • Elementary

    Ira Harbison · grades K-6 · National Elementary

  • Middle

    Granger Junior High · grades 7-9 · Sweetwater Union High

  • High

    Sweetwater High · grades 9-12 · Sweetwater Union High

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

19C
Est. Monthly Rent
$3,331

24 leases of 1–3 bed houses within 2 mi · $3,274–$3,822

Blended 50/50 with a property-level estimate

Monthly Cashflow

Rent − PITIA

-$2,729
Full Cashflow

Incl. vacancy, PM, maint, capex

-$4,232

What would make this work?

$4,232/mo short at 20% down; 89% down or +$5,496/mo rent closes it.

Break-even price

62% under asking

$334,004
Break-even rent

$5,496/mo above the estimate

$8,827/mo
Cashflow at 35% down
−$3,310/mo
Down payment to break even

$787,650 cash

89%
Rate to break even

Negative even at a 0% loan

Not reachable

Mortgage (P+I)
$4,917
Cap Rate
1.15%
Cash-on-Cash
-28.69%
DSCR

Need ≥ 1.25 for DSCR loan

0.55

NOI (Annual)
$10,211
Price-to-Rent

Lower = better for investors

22.1

* Modelled at 20% down, 7.43% 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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CCashflow−$4,232/mo