1354 Normandy Dr
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1354 Normandy Dr

Btop 30%

Chula Vista, CA 91913

$699,990
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: -$2,844/mo full cashflow at 20% down, 7.43% rate.

Works at $329,654 (53% under asking), or at 79% down.

Rent $3,649/mo from 9 leases of 3-bed condos & townhomes within 0.5 mi ($3,498–$3,758).

Beds

3

Baths

2.5

Sqft

1,500

Year Built

2006

Days on Market

137

Property Type

Townhouse

HOA/mo

$278

MLS ID

260014736SD

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

Virtual Tour

About This Property

Come & see the pride of ownership in this perfectly located 3 bed/2.5 bath townhome in Otay Ranch! Private spacious turfed backyard with no neighbors behind. This home has spacious bedrooms, upstairs laundry, & an attached 2 car garage, this home has it all! Zoned for top rated schools & just minutes away from shopping, restaurants, parks, trails & freeway access.

Mortgage Calculator

Est. Monthly Payment

$5,071

Principal & Interest$3,889
Property Tax$700
Insurance$204
HOA$278
%($139,998)
%
Loan Term

Location

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Zoned Schools

  • Elementary

    Veterans Elementary · grades K-6 · Chula Vista Elementary

  • Middle

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

  • High

    Olympian 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

43B
Est. Monthly Rent
$3,649

9 leases of 3-bed condos & townhomes within 0.5 mi · $3,498–$3,758

Blended 50/50 with the zip's market median ($3,690)

Monthly Cashflow

Rent − PITIA

-$1,422
Full Cashflow

Incl. vacancy, PM, maint, capex

-$2,844

What would make this work?

$2,844/mo short at 20% down; 79% down or +$3,694/mo rent closes it.

Break-even price

53% under asking

$329,654
Break-even rent

$3,694/mo above the estimate

$7,343/mo
Cashflow at 35% down
−$2,115/mo
Down payment to break even

$552,992 cash

79%
Rate to break even

Negative even at a 0% loan

Not reachable

Mortgage (P+I)
$3,889
Cap Rate
2.10%
Cash-on-Cash
-24.38%
DSCR

Need ≥ 1.25 for DSCR loan

0.72

NOI (Annual)
$14,722
Price-to-Rent

Lower = better for investors

16.0

* 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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BCashflow−$2,844/mo