850 Beech Street
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850 Beech Street #808

D

San Diego, CA 92101

$739,000
NEW — 0d

Beds

2

Baths

2

Sqft

1,266

Year Built

2003

Days on Market

0

Property Type

Condo

HOA/mo

$1,276

MLS ID

PTP2603132

This property is in San Diego (92101). View neighborhood stats →

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About This Property

Spacious open-plan 2Br/2Ba unit in Downtown's quietest neighborhood. The formal entry leads you to the large open Living, Dining, and Kitchen area, perfect for entertaining; the gas fireplace adds a warm glow to any gathering. Primary suite has room for a sitting area and the spa bath features a 6' soaking tub and large separate walk-in shower. Your guest suite is generously sized and has a huge walk-in closet, adjacent bath, and a pocket door for maximum privacy. Dual AC units make comfort and efficiency easy. Discovery at Cortez Hill is a full-service building with superior amenities (check out the roof-top pool and fitness center) paired with great social interaction. Full time front desk staff and extensive electronic surveillance give residents an elevated sense of security. HOA Fee includes Gas, Water, and WiFi/Internet. In-unit laundry, 2 deeded parking spaces, and separate storage are included.

Mortgage Calculator

Est. Monthly Payment

$5,967

Principal & Interest$3,737
Property Tax$739
Insurance$216
HOA$1,276
%($147,800)
%

Location

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Investment Score

16D
Est. Monthly Rent
$3,840
Monthly Cashflow

Rent − PITIA

$-2,128
Full Cashflow

Incl. vacancy, PM, maint, capex

$-3,627

Mortgage (P+I)
$3,737
Cap Rate
0.18%
Cash-on-Cash
-29.45%
DSCR

Need ≥ 1.25 for DSCR loan

0.64
Break-even Rent
$8,550

NOI (Annual)
$1,320
Price-to-Rent

Lower = better for investors

16.0

* 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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