716 Dover

716 Dover

D

San Diego, CA 92109

$2,200,000
NEW — 2d on market

Beds

3

Baths

1

Sqft

858

Year Built

1940

Days on Market

2

Property Type

Single Family

HOA/mo

N/A

MLS ID

260007845SD

View on MLS

Description

Just one property from the Ocean Front on the sunny side of the court in South Mission Beach. This single story 3BR, 1BA home offers many opportunities: Enjoy the easy single story life; Remodel/ up to 3 stories; Zoned to Build up to 2 units (+ an ADU), with panoramic roof top decks. The properties on the north side of the courts are favored due to sun and light. The properties along Strandway are the closet to the beach (other than Ocean Front). This property has both attributes. 2 car side by side garage, plus large additional space. Just a couple blocks to historic Belmont Park, 2 miles to Sea World, 15 minutes to the world famous San Diego Zoo. Lots of restaurants and shops very close by. But don't forget about the beautiful beach just 100 feet away, and Mission Bay right across the street! There are peek ocean views from front patio.

Mortgage Calculator

Est. Monthly Payment

$13,966

Principal & Interest$11,124
Property Tax$2,200
Insurance$642
%($440,000)
%

Investment Score

0D
Est. Monthly Rent
$5,800
Monthly Cashflow

Rent − PITIA

$-8,166
Full Cashflow

Incl. vacancy, PM, maint, capex

$-11,334

Mortgage (P+I)
$11,124
Cap Rate
-0.11%
Cash-on-Cash
-30.91%
DSCR

⚠️ Need ≥ 1.25 for DSCR loan

0.42
Break-even Rent
$20,519

NOI (Annual)
$-2,512
Price-to-Rent

Lower = better for investors

31.6

* 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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