8426 Summerdale Rd San Diego

8426 Summerdale Rd San Diego

D

, CA 92126

$579,000

Beds

2

Baths

1.5

Sqft

884

Year Built

1980

Days on Market

40

Property Type

Condo

HOA/mo

$499

MLS ID

260001738SD

Description

Seller to pay for up to one year of HOA dues at closing! Welcome to this bright end-unit condo in the heart of Mira Mesa. Freshly updated with new interior paint and new flooring throughout, this second-floor home offers a clean, in unit laundry, move-in-ready feel and added privacy from its end-unit location. The open living and dining areas are filled with natural light and flow easily into the kitchen. Step outside to your private balcony, overlooking the adjacent green space offering an open setting. The well-maintained community offers a pool and landscaped common areas. The unit includes assigned carport parking with additional off-street guest parking available per HOA rules. Conveniently located near shopping, dining, parks, and major freeways, this home provides easy access to all that San Diego has to offer. Public records reflect 1 bedroom, 1.5 bathroom. Buyer to verify all information, including square footage, HOA rules, permits, and property condition.

Mortgage Calculator

Est. Monthly Payment

$4,175

Principal & Interest$2,928
Property Tax$579
Insurance$169
HOA$499
%($115,800)
%

Investment Score

3D
Est. Monthly Rent

Market Rent Estimate

$2,516
Monthly Cashflow

Rent − PITI − HOA

$-1,659
Full Cashflow

Incl. vacancy, PM, maint, capex

$-2,720

Mortgage (P+I)
$2,928
Cap Rate
0.43%
Cash-on-Cash
-17.19%
DSCR

⚠️ Need ≥ 1.25 for DSCR loan

0.86
Break-even Rent
$4,175

NOI (Annual)
$2,494
Price-to-Rent

Lower = better for investors

19.2

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

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