8646 New Salem

8646 New Salem #10

A

San Diego, CA 92126

$399,000
NEW — 4d

Soft Appraisal Value: $433,200 · 7.9% below estimate

Beds

1

Baths

1

Sqft

581

Year Built

1992

Days on Market

4

Property Type

Condo

HOA/mo

$408

MLS ID

PTP2604567

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

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About This Property

Welcome to 8646 New Salem Street #10, a beautifully situated 1-bedroom, 1-bath condominium offering comfortable living space in the heart of Mira Mesa. This well-designed home provides an efficient floor plan ideal for those seeking low-maintenance living and close to the front of the complex. Located within the desirable Mirabella/Casa New Salem community, residents enjoy access to resort-style amenities including a pool, spa, fitness center, gated community setting two designated parking spots and in-unit laundry. The neighborhood is just minutes from shopping, dining, Mira Mesa Community Park, major freeways, Sorrento Valley, UTC, and San Diego's thriving tech and biotech employment hubs.

Mortgage Calculator

Est. Monthly Payment

$2,941

Principal & Interest$2,018
Property Tax$399
Insurance$116
HOA$408
%($79,800)
%

Location

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Investment Score

50B
Est. Monthly Rent
$2,239
Monthly Cashflow

Rent − PITIA

$-702
Full Cashflow

Incl. vacancy, PM, maint, capex

$-1,549

Mortgage (P+I)
$2,018
Cap Rate
1.41%
Cash-on-Cash
-23.29%
DSCR

Need ≥ 1.25 for DSCR loan

0.76
Break-even Rent
$4,251

NOI (Annual)
$5,622
Price-to-Rent

Lower = better for investors

14.9

* 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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