1370 Callejon Cervantes #113
Btop 30%Chula Vista, CA 91910
An HOA may ban rentals of 30 days or less (Civ. Code §4741): check the CC&Rs.
Pass at asking: -$2,822/mo full cashflow at 20% down, 7.43% rate.
Works at $302,491 (55% under asking), or at 81% down.
Rent $3,539/mo from 22 leases of 1–3 bed condos & townhomes within 2 mi ($3,416–$3,698).
Beds
2
Baths
2.5
Sqft
1,420
Year Built
1994
Days on Market
91
Property Type
Townhouse
HOA/mo
$402
MLS ID
PTP2606124
This property is in Chula Vista (91910). Browse neighborhood analytics →
About This Property
This fabulous two story 2 bedroom 2.5 bathroom townhome was recently upgraded with over $50k in upgrades, and is move in ready! All new laminate floors, new quartz counters, and full height back splashes, stainless steel appliances including a space-saver microwave, gas stove, fridge and dishwasher. You have great natural lighting and panoramic views of the greenbelt to the south through two story living room windows. The modern lighting outlets and switches showcase the 8ft+ ceiling heights. Brand new air-conditioning will keep you cool in the summer months. The primary and guest bedrooms showcase oversized rooms and extra closet space. The complex is conveniently located between Bonita Middle and High Schools, and adjacent to shopping restaurants and Southwestern College. Perfect for the family or investor. CALL TODAY!
Mortgage Calculator
Est. Monthly Payment
$4,990
Location
Loading map...
Zoned Schools
Elementary
Discovery Charter · grades PK-8 · Chula Vista Elementary
Middle
Bonita Vista Middle · grades 7-8 · Sweetwater Union High
High
Bonita Vista 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.
Comparable Properties
5 comps foundThis Property
$3,539
Comp Average
$3,149
149 4th Avenue
3bd / 2.5ba · 1,392 sqft · Condo
$539K
Est. $3,181/mo
508 Avenida Centro
2bd / 2.5ba · 1,384 sqft · Condo
$640K
Est. $3,274/mo
376 Center Street
2bd / 2.5ba · 1,452 sqft · Condo
$570K
Est. $3,030/mo
1502 Apache Dr
2bd / 2ba · 1,270 sqft · Condo
$620K
Est. $3,227/mo
413 Sanibelle Circle
3bd / 3ba · 1,570 sqft · Townhouse
$675K
Est. $3,034/mo
Comps based on same zip code, similar beds (±1), price range (60-150%).
Investment Score
22 leases of 1–3 bed condos & townhomes within 2 mi · $3,416–$3,698
Blended 50/50 with a property-level estimate
Rent − PITIA
Incl. vacancy, PM, maint, capex
What would make this work?
$2,822/mo short at 20% down; 81% down or +$3,665/mo rent closes it.
- Break-even price
- $302,491
- Break-even rent
- $7,204/mo
- Cashflow at 35% down
- −$2,125/mo
- Down payment to break even
- 81%
- Rate to break even
- Not reachable
55% under asking
$3,665/mo above the estimate
$542,700 cash
Negative even at a 0% loan
Need ≥ 1.25 for DSCR loan
Lower = better for investors
* 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.
Open Full Calculator