1931 Caminito Alcala
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1931 Caminito Alcala

Btop 30%

Chula Vista, CA 91913

$660,000
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: -$2,825/mo full cashflow at 20% down, 7.43% rate.

Works at $292,117 (56% under asking), or at 82% down.

Rent $3,394/mo from 10 leases of 1–3 bed condos & townhomes within 0.5 mi ($3,387–$3,565).

Beds

2

Baths

2.5

Sqft

1,400

Year Built

2007

Days on Market

112

Property Type

Condo

HOA/mo

$370

MLS ID

PTP2605498

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

Virtual Tour

About This Property

Welcome to this inviting tri-level home nestled in the highly sought-after area of Triviana Community in Otay Ranch. Surrounded by beautifully maintained landscaping and picturesque grounds, the residence offers a warm and inviting atmosphere from the moment you arrive. Let your imagination transform the open space on the first floor into something valuable. The thoughtfully designed floor plan features a seamless flow between the living room, dining area and kitchen creating the perfect space for both everyday living and entertaining. Step outside through the sliding glass doors to enjoy your private second floor patio- an ideal spot for morning coffee or relaxing evenings. Conveniently located in a vibrant neighborhood, this home is just minutes from shopping, grocery stores, dining, public transportation and easy access to SR-125. Families will appreciate the elementary school within walking distance which adds to the home's exceptional convenience. Combining comfort, style, and an unbeatable location, this is a wonderful opportunity to enjoy the best of Otay Ranch living.

Mortgage Calculator

Est. Monthly Payment

$4,889

Principal & Interest$3,667
Property Tax$660
Insurance$192
HOA$370
%($132,000)
%
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

40B
Est. Monthly Rent
$3,394

10 leases of 1–3 bed condos & townhomes within 0.5 mi · $3,387–$3,565

Blended 50/50 with a property-level estimate

Monthly Cashflow

Rent − PITIA

-$1,495
Full Cashflow

Incl. vacancy, PM, maint, capex

-$2,825

What would make this work?

$2,825/mo short at 20% down; 82% down or +$3,669/mo rent closes it.

Break-even price

56% under asking

$292,117
Break-even rent

$3,669/mo above the estimate

$7,063/mo
Cashflow at 35% down
−$2,138/mo
Down payment to break even

$541,200 cash

82%
Rate to break even

Negative even at a 0% loan

Not reachable

Mortgage (P+I)
$3,667
Cap Rate
1.84%
Cash-on-Cash
-25.68%
DSCR

Need ≥ 1.25 for DSCR loan

0.69

NOI (Annual)
$12,133
Price-to-Rent

Lower = better for investors

16.2

* 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−$2,825/mo