1222 Sereno
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1222 Sereno

Ctop 80%

Chula Vista, CA 91913

$1,150,000
STR limited · Chula Vista residents only · TOT 10%

An HOA may ban rentals of 30 days or less (Civ. Code §4741): check the CC&Rs.

Pass at asking: -$4,467/mo full cashflow at 20% down, 7.36% rate.

Works at $565,386 (51% under asking), or at 77% down.

Rent $5,770/mo from 14 leases of 3–5 bed houses within 1 mi ($5,050–$5,436).

Beds

4

Baths

3

Sqft

2,789

Year Built

2000

Days on Market

46

Property Type

Single Family

HOA/mo

$122

MLS ID

260023560SD

This property is in Chula Vista (91913). Browse neighborhood analytics →

Virtual Tour

About This Property

Lovely 2 story home in Otay Ranch Village. Upon entrance, you are welcomed by large windows, warm sunlight and vaulted ceilings. Off the entrance you have a single car garage that can be used as playroom, office or converted into additional bedroom. Bamboo flooring and tile throughout. Large open kitchen with walk in pantry. Formal dining and additional living room make this home perfect for entertaining. Home boasts 3 spacious bedrooms upstairs and 1 room downstairs that could be guest room or office space. Beautiful primary suite with huge walk in closet and soaking tub. In unit laundry room, 3 car garage and tons of storage space. Home is located on a cul-de-sac. Spacious flat yard with room for a pool, pets and entertaining. Great schools, close to 805, Telegraph Canyon rd, shopping, Heritage Park.

Mortgage Calculator

Est. Monthly Payment

$7,952

Principal & Interest$6,345
Property Tax$1,150
Insurance$335
HOA$122
%($230,000)
%
Loan Term

Location

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Zoned Schools

  • Elementary

    Heritage Elementary · grades K-6 · Chula Vista Elementary

  • Middle

    Rancho del Rey Middle · grades 7-8 · Sweetwater Union High

  • High

    Otay Ranch Senior High · grades 9-12 · Sweetwater Union High

The district's assigned schools for this parcel, from its attendance boundaries and rules. Boundaries change: confirm with the district before you buy.

Investment Score

29C
Est. Monthly Rent
$5,770

14 leases of 3–5 bed houses within 1 mi · $5,050–$5,436

Blended 50/50 with a property-level estimate

Monthly Cashflow

Rent − PITIA

-$2,182
Full Cashflow

Incl. vacancy, PM, maint, capex

-$4,467

What would make this work?

$4,467/mo short at 20% down; 77% down or +$5,802/mo rent closes it.

Break-even price

51% under asking

$565,386
Break-even rent

$5,802/mo above the estimate

$11,572/mo
Cashflow at 35% down
−$3,278/mo
Down payment to break even

$885,500 cash

77%
Rate to break even

Negative even at a 0% loan

Not reachable

Mortgage (P+I)
$6,345
Cap Rate
2.26%
Cash-on-Cash
-23.31%
DSCR

Need ≥ 1.25 for DSCR loan

0.73

NOI (Annual)
$25,993
Price-to-Rent

Lower = better for investors

16.6

* Modelled at 20% down, 7.36% 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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CCashflow−$4,467/mo