8668 New Salem
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8668 New Salem #103

C

San Diego, CA 92126

$620,000
NEW — 1d

Soft Appraisal Value: $610,800 · 1.5% above estimate

Beds

2

Baths

2

Sqft

831

Year Built

1993

Days on Market

1

Property Type

Condo

HOA/mo

$408

MLS ID

260011248SD

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

About This Property

Welcome to this beautifully remodeled 2-bedroom, 2-bathroom entry-level condo located in the highly sought-after gated community of Mirabella in the heart of Mira Mesa. This stunning home features luxury vinyl flooring throughout, a fully remodeled kitchen with elegant cabinetry, quartz countertops, and stylishly updated bathrooms. Enjoy the convenience of dual primary bedroom suites, full-size in-unit laundry, and a spacious private balcony perfect for relaxing or entertaining. Residents of the community enjoy resort-style amenities including a sparkling pool, relaxing spa, and fully equipped fitness center. The home also includes two assigned underground parking spaces for added convenience and security. Ideally located close to shopping, dining, parks, UCSD and freeway 15 and 805, this move-in-ready home offers the perfect blend of comfort, style, and convenience.

Mortgage Calculator

Est. Monthly Payment

$4,344

Principal & Interest$3,135
Property Tax$620
Insurance$181
HOA$408
%($124,000)
%

Location

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Investment Score

30C
Est. Monthly Rent
$2,725
Monthly Cashflow

Rent − PITIA

$-1,619
Full Cashflow

Incl. vacancy, PM, maint, capex

$-2,762

Mortgage (P+I)
$3,135
Cap Rate
0.72%
Cash-on-Cash
-26.73%
DSCR

Need ≥ 1.25 for DSCR loan

0.63
Break-even Rent
$6,313

NOI (Annual)
$4,471
Price-to-Rent

Lower = better for investors

19.0

* 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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