8821 Covina
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8821 Covina

C

San Diego, CA 92126

$1,149,900
NEW — 3d

Beds

4

Baths

2

Sqft

1,592

Year Built

1973

Days on Market

3

Property Type

Single Family

HOA/mo

N/A

MLS ID

260016235SD

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

About This Property

Beautifully upgraded and meticulously maintained by the longtime owner, this move-in ready home offers quality improvements throughout. The brand-new kitchen features new appliances, while both bathrooms have been updated with beautifully tiled tub and shower surrounds. The spacious primary suite includes dual sinks and separate his-and-hers closets. Additionally fresh interior paint, luxury vinyl plank flooring, and mirrored closet doors. A PERMITTED bonus room offers lots of flexibility and could serve as a fifth bedroom with its own private entrance, a playroom, home office, or a large formal dining room. Additional upgrades include extra blown-in attic insulation, quality vinyl windows with etched glass accents, a roof installed in 2017, and a newer HVAC system (approximately 5 years old). A skylight brightens the hall bathroom with natural light. Outside, you'll find a well maintained yard with some new fencing and gates, a covered Alumawood patio perfect for outdoor entertaining, and a raised garden bed filled with rich soil, ready for your favorite plants or vegetables. Situated in a desirable neighborhood with wonderful neighbors, this home combines comfort, quality, and pride of ownership

Mortgage Calculator

Est. Monthly Payment

$7,300

Principal & Interest$5,815
Property Tax$1,150
Insurance$335
%($229,980)
%

Location

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Investment Score

7D
Est. Monthly Rent
$4,025
Monthly Cashflow

Rent − PITIA

$-3,274
Full Cashflow

Incl. vacancy, PM, maint, capex

$-5,158

Mortgage (P+I)
$5,815
Cap Rate
0.68%
Cash-on-Cash
-26.92%
DSCR

Need ≥ 1.25 for DSCR loan

0.55
Break-even Rent
$10,724

NOI (Annual)
$7,873
Price-to-Rent

Lower = better for investors

23.8

* 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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