1645 S Hannalei

1645 S Hannalei

Ctop 80%

Vista, CA 92083

$1,250,000

Pass at asking: -$6,120/mo full cashflow at 20% down, 7.36% rate.

Works at $449,276 (64% under asking), or at 91% down.

Rent $4,459/mo from 14 leases of 2–4 bed houses within 2 mi ($4,769–$5,231).

Beds

3

Baths

3

Sqft

2,545

Year Built

1947

Days on Market

—

Property Type

Single Family

HOA/mo

N/A

MLS ID

260027108SD

This property is in Vista (92083). Browse neighborhood analytics →

About This Property

Drive through the private gates guarding this fully renovated sprawling Hacienda-Style estate. Situated on 0.57 acres, abundant mature landscaping creates a private oasis with plenty of space to customize for any of your needs, including a pool area, ADU, RV space or garden areas. Making your way inside the private gated courtyard features a restored tongue-and-groove wood ceiling, creating a secluded indoor/outdoor retreat perfect for enjoying warm days or cool nights. Once inside this stunning Hacienda-style home retains a rustic feel while being upgraded with all of the modern features. The kitchen has newly installed kitchen cabinets, quartz countertops, an induction range, and stainless steel appliances. You will find sturdy engineered hardwood throughout the sizable living room, which features a large fireplace centerpiece as well as in the spacious bedrooms. The home is heated & cooled with brand new central air. Detached from the main house is a casita studio with its own dedicated bathroom & mini-split unit perfect for multi-generational living, a peaceful office or rental income.

Mortgage Calculator

Est. Monthly Payment

$8,511

Principal & Interest$6,897
Property Tax$1,250
Insurance$365
%($250,000)
%
Loan Term

Location

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Zoned Schools

  • Elementary

    Hannalei Elementary · grades K-5 · Vista Unified

  • Middle

    Madison Middle · grades 6-8 · Vista Unified

  • High

    Rancho Buena Vista High · grades 9-12 · Vista Unified

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

10C
Est. Monthly Rent
$4,459

14 leases of 2–4 bed houses within 2 mi · $4,769–$5,231

Blended 50/50 with the zip's market median ($3,848)

Monthly Cashflow

Rent − PITIA

-$4,053
Full Cashflow

Incl. vacancy, PM, maint, capex

-$6,120

What would make this work?

$6,120/mo short at 20% down; 91% down or +$7,948/mo rent closes it.

Break-even price

64% under asking

$449,276
Break-even rent

$7,948/mo above the estimate

$12,407/mo
Cashflow at 35% down
−$4,827/mo
Down payment to break even

$1,137,500 cash

91%
Rate to break even

Negative even at a 0% loan

Not reachable

Mortgage (P+I)
$6,897
Cap Rate
0.96%
Cash-on-Cash
-29.37%
DSCR

Need ≥ 1.25 for DSCR loan

0.52

NOI (Annual)
$11,997
Price-to-Rent

Lower = better for investors

23.4

* 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−$6,120/mo