Address not disclosed · San Diego
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Address not disclosed · San Diego

Btop 30%

San Diego, CA 92111

$349,000
NEW — 0d

Pass at asking: -$1,927/mo full cashflow at 20% down, 7.49% rate.

Works at $99,253 (72% under asking), or at all cash.

Rent $3,193/mo: zip market median for this bed count.

Beds

3

Baths

2

Sqft

1,376

Year Built

2020

Days on Market

0

Property Type

Manufactured

HOA/mo

$1,693

MLS ID

260026366SD

This property is in San Diego (92111). Browse neighborhood analytics →

About This Property

Exceptional home perched above Tecolote Canyon with views, ocean breezes and an oversized, fantastic yard. This home was built in 2020 and is located in a very peaceful, quiet and private location of this family park. The spacious primary bedroom with a private spa-like bathroom with custom tiled shower. The kitchen opens to the dining room and living room with a generous island, plenty of storage and the Whirlpool appliances that convey. There is a separate laundry room with Maytag washer and dryer that convey. The backyard is an oasis which overlooks the canyon and views to the west, the yard is completely fenced; a gazebo surrounded by exceptional plantings and an mature apple tree and also a grape vine. 2 storage sheds, a covered carport which will accommodate 3 cars!. Conveniently located to freeways, Mesa College and Mission Valley, a very central location. It is hard to find such a unique location, views and almost new construction for this price. First time buyer opportunity or alternative to a condo!

Mortgage Calculator

Est. Monthly Payment

$4,094

Principal & Interest$1,950
Property Tax$349
Insurance$102
HOA$1,693
%($69,800)
%
Loan Term

Location

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Investment Score

37B
Est. Monthly Rent
$3,193

Zip market median for this bed count

Thin data: no closed leases like this one nearby.

Monthly Cashflow

Rent − PITIA

-$901
Full Cashflow

Incl. vacancy, PM, maint, capex

-$1,927

What would make this work?

$1,927/mo short at 20% down; 100% down or +$2,502/mo rent closes it.

Break-even price

72% under asking

$99,253
Break-even rent

$2,502/mo above the estimate

$5,695/mo
Cashflow at 35% down
−$1,561/mo
Down payment to break even

$349,000 cash

100%
Rate to break even

Negative even at a 0% loan

Not reachable

Mortgage (P+I)
$1,950
Cap Rate
0.63%
Cash-on-Cash
-33.12%
DSCR

Need ≥ 1.25 for DSCR loan

0.78

NOI (Annual)
$2,201
Price-to-Rent

Lower = better for investors

9.1

* 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.

Open Full Calculator
BCashflow−$1,927/mo