Address not disclosed · National City
Atop 10%National City, CA 91950
An HOA may ban rentals of 30 days or less (Civ. Code §4741): check the CC&Rs.
Pass at asking: -$1,104/mo full cashflow at 20% down, 7.43% rate.
Works at $141,286 (50% under asking), or at 76% down.
Rent $1,709/mo from 13 leases of studio–2 bed condos & townhomes within 1 mi ($1,491–$1,747).
Beds
1
Baths
1
Sqft
378
Year Built
1996
Days on Market
101
Property Type
Condo
HOA/mo
$231
MLS ID
260018594SD
This property is in National City (91950). Browse neighborhood analytics →
About This Property
Move-in ready cozy & quiet upper unit located inside of a well maintained and gated community. Residence includes 1 assigned parking spot in a well lit parking area inside of the gates. This upper unit condo enjoys a surprisingly spacious and open living area, a modern kitchen, ample natural lighting, but there is nobody on top of you. Entire interior freshly painted. Charming and friendly, secure community with landscape & hardscape, a sparkling swimming pool and extremely low HOA. Enjoy easy access to nearby restaurants, grocery stores, shops, conveniences, etc. as well as easy access to downtown San Diego, SD Airport, Barrio Logan, Balboa Park, beaches, parks, the new high end Gaylord Hotel! Easy freeway access; this community is nestled in between the 5 & 805, just South of the 94 and N of the 54 freeways. Less than 1.5 mile to San Diego Bay!
Mortgage Calculator
Est. Monthly Payment
$2,182
The seller chose not to publish this home's address, so we don't show it on a map or name its zoned schools. Agents can see it in the MLS: ask us and we'll get it for you.
Comparable Properties
5 comps foundThis Property
$1,709
Comp Average
$1,669
320 J Avenue
1bd / 1ba · 378 sqft · Condo
$299K
Est. $1,681/mo
921 Street
1bd / 1ba · 378 sqft · Condo
$325K
Est. $1,681/mo
801 National City Blvd
1bd / 1ba · 500 sqft · Condo
$299K
Est. $1,682/mo
801 National City Blvd
1bd / 1ba · 500 sqft · Condo
$320K
Est. $1,682/mo
801 National City Blvd
1bd / 1ba · 500 sqft · Condo
$306K
Est. $1,618/mo
Comps based on same zip code, similar beds (±1), price range (60-150%).
Investment Score
13 leases of studio–2 bed condos & townhomes within 1 mi · $1,491–$1,747
Blended 50/50 with the zip's market median ($1,764)
Rent − PITIA
Incl. vacancy, PM, maint, capex
What would make this work?
$1,104/mo short at 20% down; 76% down or +$1,434/mo rent closes it.
- Break-even price
- $141,286
- Break-even rent
- $3,143/mo
- Cashflow at 35% down
- −$807/mo
- Down payment to break even
- 76%
- Rate to break even
- Not reachable
50% under asking
$1,434/mo above the estimate
$216,600 cash
Negative even at a 0% loan
Need ≥ 1.25 for DSCR loan
Lower = better for investors
* Modelled at 20% down, 7.43% 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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