727 Sapphire St San Diego

727 Sapphire St San Diego

D

, CA 92109

$865,000

Beds

2

Baths

2

Sqft

997

Year Built

1975

Days on Market

40

Property Type

Condo

HOA/mo

$600

MLS ID

260001685SD

Description

Live the beach life (across from Tourmaline Beach!) without the hefty price tag. Each bedroom in this updated condo enjoys its own full bath, perfect for roommates or a home office. Light-filled living spaces feature new luxury vinyl plank flooring, fresh paint, new lighting and lots of storage. The home offers elevator access from the underground, gated garage straight to your floor. Adding laundry to the condo can be done with HOA approval. The condo is walking distance not only to the beach but also to grocery shopping and the trendy eateries in Bird Rock. Condo feeds to Bird Rock Elementary and La Jolla High School. Private, hanging storage cabinet in the garage is included.

Mortgage Calculator

Est. Monthly Payment

$6,091

Principal & Interest$4,374
Property Tax$865
Insurance$252
HOA$600
%($173,000)
%

Investment Score

6D
Est. Monthly Rent

Market Rent Estimate

$4,110
Monthly Cashflow

Rent − PITI − HOA

$-1,981
Full Cashflow

Incl. vacancy, PM, maint, capex

$-3,647

Mortgage (P+I)
$4,374
Cap Rate
1.01%
Cash-on-Cash
-13.74%
DSCR

⚠️ Need ≥ 1.25 for DSCR loan

0.94
Break-even Rent
$6,091

NOI (Annual)
$8,722
Price-to-Rent

Lower = better for investors

17.5

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

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