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Jon Fotopoulos' Blog

By Jon | Agent in San Diego, CA

San Diego Investment Properties near San Diego State University

San Diego investments near San Diego State University. This will be my first blog, with more to follow. My blogs will be aimed at San Diego investment properties near San Diego State University. These are all turnkey “Cash Cows” properties that currently have renters and a property management company with an average ROI of 12%. If you would like more information please contact me @ 858.926.0026 


The first San Diego investment property near San Diego State University is located on Dorothy Way, just a quick walk from San Diego State University. This San Diego Investment is a four bedrooms, three bath, 1800 sq. ft with a selling price of $465,000. Currently this San Diego investment property is rented for $3400/month, $40,800/ year.  Last year is was rented at $3800/month.


With 25% down = to $116,250, the loan amount would be $348,750 which is equal to $17,438/month at a 5% interest rate. Tax and insurance is about 1.25% = $5,813. $2000/ year in repairs and management fees = to 5% of GSI which is $2040/ year.



NOI = to $30,948, CAP rate at 7%. Total Cash flow = to $13,510 and ROI at 12%.

These are the current totals for Dorothy Way a San Diego investment at San Diego State University.


Address

bed

bath

Sq. Ft.

 Price

 rent/m

 GSI

Down Pmt

 loan

 Loan pmt

 tax/insur

 repairs

 Mngt fee

 NOI

 CAP rate

 Cashflow

 ROI

 

 Dorothy Way

4

3

1800

 $465,000

 $3,400

 $40,800

 $116,250

 $348,750

 $17,438

 $5,813

 $2,000

 $2,040.00

 $30,948

7%

 $13,510

12%

 


 

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