1587 Wishing Star Dr.
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1587 Wishing Star Dr.

Ctop 80%

Chula Vista, CA 91915

$1,299,999
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: -$5,476/mo full cashflow at 20% down, 7.43% rate.

Works at $586,985 (55% under asking), or at 81% down.

Rent $6,017/mo from 11 leases of 4–6 bed houses within 1 mi ($5,879–$6,581).

Beds

5

Baths

4

Sqft

3,601

Year Built

2004

Days on Market

88

Property Type

Single Family

HOA/mo

$125

MLS ID

260019983SD

This property is in Chula Vista (91915). Browse neighborhood analytics →

Virtual Tour

About This Property

*HUGE Price REDUCTION*Former model home with great layout with VIEW VIEW VIEW! This spacious and well-designed home features an open floor plan with a large chef’s kitchen, dining area, and inviting family room—ideal for everyday living and entertaining. Enjoy a bright living room with French doors, a generous primary suite with a large walk-in closet, an office room with built-in desk and shelving, and a versatile game room. Formerly used as a model home, this property offers a thoughtfully designed layout and exceptional appeal. Solar panels are leased *Monthly pay $190.55 (automatic payment), helping provide energy-efficient living and potential savings on electricity costs.

Mortgage Calculator

Est. Monthly Payment

$9,026

Principal & Interest$7,222
Property Tax$1,300
Insurance$379
HOA$125
%($260,000)
%
Loan Term

Location

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Zoned Schools

  • Elementary

    Camarena (Enrique S.) Elementary · grades K-6 · Chula Vista Elementary

  • Middle

    Eastlake 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

19C
Est. Monthly Rent
$6,017

11 leases of 4–6 bed houses within 1 mi · $5,879–$6,581

Monthly Cashflow

Rent − PITIA

-$3,009
Full Cashflow

Incl. vacancy, PM, maint, capex

-$5,476

What would make this work?

$5,476/mo short at 20% down; 81% down or +$7,112/mo rent closes it.

Break-even price

55% under asking

$586,985
Break-even rent

$7,112/mo above the estimate

$13,129/mo
Cashflow at 35% down
−$4,122/mo
Down payment to break even

$1,052,999 cash

81%
Rate to break even

Negative even at a 0% loan

Not reachable

Mortgage (P+I)
$7,222
Cap Rate
1.89%
Cash-on-Cash
-25.28%
DSCR

Need ≥ 1.25 for DSCR loan

0.67

NOI (Annual)
$24,559
Price-to-Rent

Lower = better for investors

18.0

* 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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CCashflow−$5,476/mo