7446 Draper Ave
Dbottom 20%La Jolla, CA 92037
Pass at asking: -$16,309/mo full cashflow at 20% down, 7.49% rate.
Works at $785,565 (73% under asking); even all cash loses money at asking.
Rent $7,869/mo from 13 leases of 3-bed houses within 0.5 mi ($6,749–$9,797).
Beds
3
Baths
2.5
Sqft
2,137
Year Built
1990
Days on Market
0
Property Type
Single Family
HOA/mo
N/A
MLS ID
260026212SD
This property is in La Jolla (92037). View neighborhood stats →
About This Property
Beautiful La Jolla Cottage with a great open floor plan, lots of natural light, high ceilings and peek ocean horizon views. Fantastic location right near schools, the beach, shops, restaurants, and the village of La Jolla. Adjacent property 7444 Draper Ave (APN#350-601-14-00) also for sale. Adjacent property 7444 Draper Ave (APN#350-601-14-00) also for sale.
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Est. Monthly Payment
$19,952
Location
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Comparable Properties
5 comps foundThis Property
$7,869
Comp Average
$7,673
5849 Caminito Del Estio
3bd / 2.5ba · 2,046 sqft · Single Family
$1.78M
Est. $7,105/mo
7556 Pepita Way
3bd / 2.5ba · 2,186 sqft · Single Family
$4.00M
Est. $6,757/mo
5518 Bellevue Ave
3bd / 3ba · 2,234 sqft · Single Family
$4.15M
Est. $8,607/mo
6381 Castejon
3bd / 2ba · 1,950 sqft · Single Family
$3.00M
Est. $7,254/mo
5943 La Jolla Corona Drive
3bd / 2ba · 1,922 sqft · Single Family
$3.29M
Est. $8,642/mo
Comps based on same zip code, similar beds (±1), price range (60-150%).
Investment Score
13 leases of 3-bed houses within 0.5 mi · $6,749–$9,797
Blended 50/50 with the zip's market median ($7,244)
Rent − PITIA
Incl. vacancy, PM, maint, capex
What would make this work?
$16,309/mo short at 20% down; +$21,181/mo rent closes it.
- Break-even price
- $785,565
- Break-even rent
- $29,050/mo
- Cashflow at 35% down
- −$13,271/mo
- Down payment to break even
- Not reachable
- Rate to break even
- Not reachable
73% under asking
$21,181/mo above the estimate
Negative even all-cash
Negative even at a 0% loan
Need ≥ 1.25 for DSCR loan
Lower = better for investors
* Modelled at 20% down, 7.49% 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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