8028 Caminito Mallorca

8028 Caminito Mallorca

D

La Jolla, CA 92037

$935,000
NEW — 2d on market

Soft Appraisal Value: $932,000 · 0.3% above estimate

Beds

2

Baths

2

Sqft

1,111

Year Built

1979

Days on Market

2

Property Type

Townhouse

HOA/mo

$525

MLS ID

260007938SD

View on MLS

Description

Beautifully upgraded with so much to offer! This single level end unit with a two-car attached garage, with freshly epoxied floors, feels more like a detached home. Rich dark hardwood floors welcome you in. Vaulted ceilings with skylight keep everything bright and airy. An elegant fireplace for those chilly evenings. Both bathrooms tastefully upgraded A remodeled kitchen with custom counters and stainless appliances leads to a spacious, private patio. The perfect place to sit and sip your morning coffee or evening glass of wine. Just a few of the splendid features of this amazing home located opposite a green belt at the end of a complex that offers pool, spa and clubhouse!

Mortgage Calculator

Est. Monthly Payment

$6,461

Principal & Interest$4,728
Property Tax$935
Insurance$273
HOA$525
%($187,000)
%

Investment Score

2D
Est. Monthly Rent
$4,088
Monthly Cashflow

Rent − PITIA

$-2,373
Full Cashflow

Incl. vacancy, PM, maint, capex

$-4,092

Mortgage (P+I)
$4,728
Cap Rate
0.82%
Cash-on-Cash
-26.26%
DSCR

⚠️ Need ≥ 1.25 for DSCR loan

0.63
Break-even Rent
$9,403

NOI (Annual)
$7,627
Price-to-Rent

Lower = better for investors

19.1

* 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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