8889 Caminito Plaza Centro

8889 Caminito Plaza Centro

Btop 30%

San Diego, CA 92122

$450,000
NEW — 0d

Pass at asking: -$1,987/mo full cashflow at 20% down, 7.49% rate.

Works at $192,369 (57% under asking), or at 84% down.

Rent $2,384/mo from 2 leases in this building ($2,331–$2,437).

Beds

1

Baths

1

Sqft

600

Year Built

2006

Days on Market

0

Property Type

Condo

HOA/mo

$352

MLS ID

260026269SD

This property is in San Diego (92122). View neighborhood stats →

About This Property

**Two compelling reasons to seriously consider Villa Vicenza.** For UCSD parents and students, this is an opportunity to own a conveniently located home for the college years rather than relying on off-campus rentals. For UTC-area professionals, it's an opportunity to put valuable time back into the day with a location close to work, shopping, dining and transit. Inside, enjoy in-unit laundry, a private balcony, air conditioning, elevator access and one assigned gated garage space. The community adds a pool, spa and fitness room. Minutes from UCSD and the UTC employment and retail corridor, this location deserves a closer look. Call for details!

Mortgage Calculator

Est. Monthly Payment

$3,448

Principal & Interest$2,515
Property Tax$450
Insurance$131
HOA$352
%($90,000)
%
Loan Term

Location

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Investment Score

47B
Est. Monthly Rent
$2,384

2 leases in this building · $2,331–$2,437

Thin data: only 2 leases behind this number.

Monthly Cashflow

Rent − PITIA

-$1,064
Full Cashflow

Incl. vacancy, PM, maint, capex

-$1,987

What would make this work?

$1,987/mo short at 20% down; 84% down or +$2,581/mo rent closes it.

Break-even price

57% under asking

$192,369
Break-even rent

$2,581/mo above the estimate

$4,965/mo
Cashflow at 35% down
−$1,516/mo
Down payment to break even

$378,000 cash

84%
Rate to break even

Negative even at a 0% loan

Not reachable

Mortgage (P+I)
$2,515
Cap Rate
1.73%
Cash-on-Cash
-26.49%
DSCR

Need ≥ 1.25 for DSCR loan

0.69

NOI (Annual)
$7,763
Price-to-Rent

Lower = better for investors

15.7

* Modelled at 20% down, 7.49% rate, 30yr · vacancy 8% · PM 10% · capex 5% · maintenance 1%/yr.

Estimates only. Not financial advice. Verify all figures independently with a licensed professional before making any investment decision.

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BCashflow−$1,987/mo