2190 Cabo Bahia

2190 Cabo Bahia

Atop 10%

Chula Vista, CA 91914

$579,000
NEW — 0d
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: -$2,168/mo full cashflow at 20% down, 7.36% rate.

Works at $295,322 (49% under asking), or at 75% down.

Rent $3,314/mo from 12 leases of 1–3 bed condos & townhomes within 0.5 mi ($3,248–$3,368).

Beds

2

Baths

2

Sqft

1,086

Year Built

1995

Days on Market

0

Property Type

Townhouse

HOA/mo

$295

MLS ID

260026951SD

This property is in Chula Vista (91914). Browse neighborhood analytics →

About This Property

NO MELLO-ROOS & LOW HOA! A & FHA approved. Rare corner-unit townhome in gated Cabo Bahia with only 1 shared wall and the larger 1,086 sq. ft. floor plan + attached 2-car direct-access garage! Light-filled open layout features wood-laminate floors, clerestory windows & slider to a private patio. Updated kitchen boasts quartz counters, white cabinets, stainless appliances, gas range & filtered water tap. Upstairs: vaulted ceilings, stacked laundry, mirrored-closet 2nd bedroom & primary suite w/ walk-in closet & en-suite bath. Resort pool, spa & tot-lot--walk to Mackenzie Creek Park & top schools; minutes to Eastlake shopping, trails & SR-125!

Mortgage Calculator

Est. Monthly Payment

$4,237

Principal & Interest$3,194
Property Tax$579
Insurance$169
HOA$295
%($115,800)
%
Loan Term

Location

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Zoned Schools

  • Elementary

    Marshall (Thurgood) Elementary · grades K-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

54A
Est. Monthly Rent
$3,314

12 leases of 1–3 bed condos & townhomes within 0.5 mi · $3,248–$3,368

Monthly Cashflow

Rent − PITIA

-$923
Full Cashflow

Incl. vacancy, PM, maint, capex

-$2,168

What would make this work?

$2,168/mo short at 20% down; 75% down or +$2,816/mo rent closes it.

Break-even price

49% under asking

$295,322
Break-even rent

$2,816/mo above the estimate

$6,130/mo
Cashflow at 35% down
−$1,569/mo
Down payment to break even

$434,250 cash

75%
Rate to break even

Negative even at a 0% loan

Not reachable

Mortgage (P+I)
$3,194
Cap Rate
2.47%
Cash-on-Cash
-22.47%
DSCR

Need ≥ 1.25 for DSCR loan

0.78

NOI (Annual)
$14,304
Price-to-Rent

Lower = better for investors

14.6

* 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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ACashflow−$2,168/mo