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2025 Azure #2

Atop 10%

Chula Vista, CA 91915

$609,000
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: -$2,156/mo full cashflow at 20% down, 7.43% rate.

Works at $328,272 (46% under asking), or at 71% down.

Rent $3,476/mo from 18 leases of 3-bed condos & townhomes within 1 mi ($3,336–$3,539).

Beds

3

Baths

2

Sqft

1,321

Year Built

2002

Days on Market

116

Property Type

Townhouse

HOA/mo

$155

MLS ID

PTP2605425

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

Mortgage Calculator

Est. Monthly Payment

$4,325

Principal & Interest$3,383
Property Tax$609
Insurance$178
HOA$155
%($121,800)
%
Loan Term

Location

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Zoned Schools

  • Elementary

    Olympic View Elementary · grades PK-6 · Chula Vista Elementary

  • Middle

    Eastlake Middle · grades 7-8 · Sweetwater Union High

  • High

    Eastlake 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

58A
Est. Monthly Rent
$3,476

18 leases of 3-bed condos & townhomes within 1 mi · $3,336–$3,539

Blended 50/50 with a property-level estimate

Monthly Cashflow

Rent − PITIA

-$849
Full Cashflow

Incl. vacancy, PM, maint, capex

-$2,156

What would make this work?

$2,156/mo short at 20% down; 71% down or +$2,800/mo rent closes it.

Break-even price

46% under asking

$328,272
Break-even rent

$2,800/mo above the estimate

$6,276/mo
Cashflow at 35% down
−$1,522/mo
Down payment to break even

$432,390 cash

71%
Rate to break even

Negative even at a 0% loan

Not reachable

Mortgage (P+I)
$3,383
Cap Rate
2.76%
Cash-on-Cash
-21.24%
DSCR

Need ≥ 1.25 for DSCR loan

0.80

NOI (Annual)
$16,810
Price-to-Rent

Lower = better for investors

14.6

* 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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ACashflow−$2,156/mo