8585 Via Mallorca
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8585 Via Mallorca #Unit #42

D

La Jolla, CA 92037

$899,000

Beds

2

Baths

2

Sqft

1,355

Year Built

1986

Days on Market

9

Property Type

Townhouse

HOA/mo

$750

MLS ID

260013091SD

This property is in La Jolla (92037). View neighborhood stats →

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About This Property

Absolutely stunning, prime, end unit townhome in the highly desirable Cape La Jolla complex!! Features include: 1,355sqft, 2 bedrooms, 2 baths, 2 car garage, high ceilings offer abundant natural lighting throughout, gorgeous wood floors, serene living room with fireplace & access to balcony with lush greenery views. Upgraded huge kitchen with breakfast nook and separate dining room and access to deck area . Large primary bedroom with spa like retreat and walk-in closet. Full size laundry closet. Unbeatable location!! Walking distance to Trader's Joes, tons of shops, restaurants, trolley line & more! Close to UCSD, beaches, world renowned UTC shopping mall and so much more!! You do not want to miss this one!!

Mortgage Calculator

Est. Monthly Payment

$6,457

Principal & Interest$4,546
Property Tax$899
Insurance$262
HOA$750
%($179,800)
%

Location

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Investment Score

15D
Est. Monthly Rent
$4,045
Monthly Cashflow

Rent − PITIA

$-2,412
Full Cashflow

Incl. vacancy, PM, maint, capex

$-4,091

Mortgage (P+I)
$4,546
Cap Rate
0.61%
Cash-on-Cash
-27.31%
DSCR

Need ≥ 1.25 for DSCR loan

0.63
Break-even Rent
$9,358

NOI (Annual)
$5,454
Price-to-Rent

Lower = better for investors

18.5

* 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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