1440 Mulligan Hill Street
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1440 Mulligan Hill Street

Ctop 80%

Chula Vista, CA 91913

$1,200,000
NEW — 0d
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: -$5,218/mo full cashflow at 20% down, 7.43% rate.

Works at $520,530 (57% under asking), or at 83% down.

Rent $5,291/mo from 8 leases of 3–5 bed houses within 1 mi ($5,273–$5,522).

Beds

4

Baths

4.5

Sqft

2,691

Year Built

2019

Days on Market

0

Property Type

Single Family

HOA/mo

$76

MLS ID

PTP2608236

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

Virtual Tour

About This Property

Two primary suites. Endless possibilities. An entertainer’s dream. Welcome to a home that makes an impression and gives you every reason to stay. Located on a quiet street in a desirable neighborhood, this move in ready, four bedroom, four and a half bath residence blends elegant living with a remarkably versatile layout. Two downstairs bedrooms include a spacious primary suite with a private en-suite bathroom, offering the convenience of main-level living. Upstairs, a second primary suite, an additional bedroom, and an expansive loft provide room to unwind, host guests, or accommodate multigenerational living with comfort and privacy. And then there’s the backyard. Gather for game day in the covered California room style retreat, complete with a TV and electric fireplace. Fire up the gas-connected grill, enjoy dinner outdoors, and settle in beside the separate gas-connected fireplace as the evening unfolds. From lively celebrations to quiet nights at home, this space makes entertaining feel effortless. Paid off solar, a brand-new storage shed, and two elementary schools within walking distance add everyday convenience to an already exceptional offering. With room to gather, space to retreat, and a layout that adapts to your needs, this Mulligan Hill Street home is ready for its next chapter.

Mortgage Calculator

Est. Monthly Payment

$8,293

Principal & Interest$6,667
Property Tax$1,200
Insurance$350
HOA$76
%($240,000)
%
Loan Term

Location

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Zoned Schools

  • Elementary

    Muraoka (Saburo) Elementary · grades PK-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

17C
Est. Monthly Rent
$5,291

8 leases of 3–5 bed houses within 1 mi · $5,273–$5,522

Blended 50/50 with the zip's market median ($5,175)

Monthly Cashflow

Rent − PITIA

-$3,002
Full Cashflow

Incl. vacancy, PM, maint, capex

-$5,218

What would make this work?

$5,218/mo short at 20% down; 83% down or +$6,777/mo rent closes it.

Break-even price

57% under asking

$520,530
Break-even rent

$6,777/mo above the estimate

$12,068/mo
Cashflow at 35% down
−$3,968/mo
Down payment to break even

$996,000 cash

83%
Rate to break even

Negative even at a 0% loan

Not reachable

Mortgage (P+I)
$6,667
Cap Rate
1.71%
Cash-on-Cash
-26.09%
DSCR

Need ≥ 1.25 for DSCR loan

0.64

NOI (Annual)
$20,551
Price-to-Rent

Lower = better for investors

18.9

* 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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CCashflow−$5,218/mo