8550 Westmore Road
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8550 Westmore Road #Apt 261

D

San Diego, CA 92126

$599,900
NEW — 3d

Beds

2

Baths

2

Sqft

907

Year Built

1988

Days on Market

3

Property Type

Condo

HOA/mo

$350

MLS ID

260013282SD

This property is in San Diego (92126). View neighborhood stats →

Virtual Tour

About This Property

Welcome to Heritage III at Concord Square. This Stylish 2-Bedroom and 2-Bathroom (Full) Single-Level Condominium Unit is in the Heart of Mira Mesa. Tastefully Designed and Beautifully Improved for a MORE Modern Look & Feel. As soon as you enter the residence, Your Eyes will be Instantly Drawn to the Decorative Entertainment Center/Built-in Bookcase. Located on opposite ends of the hallway, Both Bedrooms are away from one another at a comfortable distance, providing added privacy. As an Ensuite, Each Bedroom has its OWN PRIVATE (Full) Bathroom that are Aesthetically Unique from one another and Updated Differently. The Exclusive-Use Patio is generously sized and includes a Secured and Spacious Exterior Closet to store your miscellaneous item(s) such as extra tool(s), equipment(s), building materials, and etc. Monthly HOA Fees covers the cost of the following Utilities: Water, Trash, and Sewage.

Mortgage Calculator

Est. Monthly Payment

$4,158

Principal & Interest$3,033
Property Tax$600
Insurance$175
HOA$350
%($119,980)
%

Location

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Investment Score

28D
Est. Monthly Rent
$2,469
Monthly Cashflow

Rent − PITIA

$-1,689
Full Cashflow

Incl. vacancy, PM, maint, capex

$-2,757

Mortgage (P+I)
$3,033
Cap Rate
0.55%
Cash-on-Cash
-27.58%
DSCR

Need ≥ 1.25 for DSCR loan

0.59
Break-even Rent
$6,050

NOI (Annual)
$3,316
Price-to-Rent

Lower = better for investors

20.2

* 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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