2021 Bravo Loop #2
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2021 Bravo Loop #2

Btop 30%

Chula Vista, CA 91915

$700,000
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: -$3,042/mo full cashflow at 20% down, 7.43% rate.

Works at $303,810 (57% under asking), or at 83% down.

Rent $3,614/mo from 8 leases of 3-bed condos & townhomes within 0.5 mi ($3,377–$3,585).

Beds

3

Baths

2

Sqft

1,433

Year Built

2021

Days on Market

133

Property Type

Condo

HOA/mo

$449

MLS ID

PTP2604958

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

Virtual Tour

About This Property

Welcome to Millenia, Modern and Contemporary Living Condo. Enjoy a beautiful and elegant floor plan design. The entire living space is situated in the second floor while the ground level features a private 2-car attached garage and storage/closet space. Open concept design Kitchen, Dining area and Living Room perfect for entertaining and plus outdoor patio has view to the pool, great place to relax and drink your coffee in the morning and relax after work. Lots of Natural Light throughout. Updated flooring. Includes Washer and Dryer. Conveniently located near restaurants, stores, parks, grocery stores, the upscale Otay Ranch Mall, and more.

Mortgage Calculator

Est. Monthly Payment

$5,242

Principal & Interest$3,889
Property Tax$700
Insurance$204
HOA$449
%($140,000)
%
Loan Term

Location

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Zoned Schools

  • Elementary

    Wolf Canyon 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

37B
Est. Monthly Rent
$3,614

8 leases of 3-bed condos & townhomes within 0.5 mi · $3,377–$3,585

Blended 50/50 with a property-level estimate

Monthly Cashflow

Rent − PITIA

-$1,628
Full Cashflow

Incl. vacancy, PM, maint, capex

-$3,042

What would make this work?

$3,042/mo short at 20% down; 83% down or +$3,951/mo rent closes it.

Break-even price

57% under asking

$303,810
Break-even rent

$3,951/mo above the estimate

$7,565/mo
Cashflow at 35% down
−$2,313/mo
Down payment to break even

$581,000 cash

83%
Rate to break even

Negative even at a 0% loan

Not reachable

Mortgage (P+I)
$3,889
Cap Rate
1.76%
Cash-on-Cash
-26.08%
DSCR

Need ≥ 1.25 for DSCR loan

0.69

NOI (Annual)
$12,326
Price-to-Rent

Lower = better for investors

16.1

* 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−$3,042/mo