That is thin: one empty month wipes out a year of that profit. The rent rests on 44 similar homes letting within 1.9 km, so treat it as a guide. The problem is the gap between them is too small to absorb anything going wrong.
10443 Caminito Rimini, San Diego, CA 92129 · 882 sqft · $397/sqft
2 BED CONDOListed 19d ago
$350,000
Why it works
9.48% return before costs — above-market
Rent over price, before any costs. Useful for comparing streets; it is not money you keep.Two properties on the same yield can leave you very different amounts. See what you keep →
Why to be cautious
-4.7% a year over five years — you tie up a lot of cash for what it returns
The capital you tie up is large relative to what the investment returns over five years.A lower offer or a smaller deposit changes this more than a higher rent does. Try a lower offer →
What if I change my assumptions?
At the asking price, 25% deposit, 7.00%
Try your own numbersLive
You keep$118/mo
All-in cash$97,125
Payback68.9 yrs
Offer
Deposit
Mortgage rate
Rent
◧ worked out from local rents
What would have to be true?
Nothing — it works at the asking price
The rent covers the mortgage, the running costs and the tax at the $350,000 asked, so there is no discount this card has to name. A lower price would be upside, not a condition.
◧ worked back from the rent
Is it a good location?
San Diego
We hold no schools, flood or crime reading for this address yet — open for the map and what we do have. An absence here is a gap in our record, not a clean bill.
■ mapped to a point, not an address
What can we answer in this market?
6 of 11 questions 5 need data we do not hold in this market yet
3 of them run on numbers you set yourself, so they stay amber however good they look.
6 answered
of 11 questions
□ Coverage, not a verdict
Ready to move on this property?
Generates an offer pack with your numbers & sources — take it to the agent.
Listing seen …
List price$350,000
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