2628 Table Rock Avenue

2628 Table Rock Avenue

Ctop 80%

Chula Vista, CA 91914

$1,190,000
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: -$5,293/mo full cashflow at 20% down, 7.49% rate.

Works at $503,773 (58% under asking), or at 84% down.

Rent $5,227/mo from 9 leases of 4-bed houses within 1 mi ($4,602–$5,047).

Beds

4

Baths

3

Sqft

2,533

Year Built

2005

Days on Market

0

Property Type

Single Family

HOA/mo

$139

MLS ID

PTP2608137

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

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About This Property

Welcome to 2628 Table Rock Avenue, a beautiful home located in the coveted Eastlake Trails III community. This residence built in 2005 offers 2,533 square feet of luxury living space, 4 bedrooms, 3 full bathrooms and an upstairs loft with an attached garage, separate garage & a long driveway for more vehicles and guests. You're welcomed in with a gorgeous front courtyard before reaching the front door, perfect for a morning coffee while enjoying the outdoors. As you walk in the first floor you're greeted by a formal dining room, a remodeled kitchen with a walk in pantry and included stainless steel appliances, large living room with a gas fireplace, laundry room with included washer & dryer, a full bathroom and bedroom all previously upgraded with luxury finishes & shutters throughout. The second floor features a spacious loft, a large primary bedroom with walk in closet & primary bathroom with dual vanity sinks, tub, standing shower and separate toilet room. Down the hall you have two more bedrooms and a remodeled full bathroom. The massive backyard with stamped concrete wraps around the home with plenty of space to entertain and is perfect for kids with an included play set, great for dogs with a grass area, a beautiful benched area with a stone fire place and no backyard neighbors. Residents enjoy access to two different community pools and clubhouses with fitness center at The Woods and The Saltcreek. located near walking trails, parks, soccer field, tennis courts and shopping centers.

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Est. Monthly Payment

$8,326

Principal & Interest$6,650
Property Tax$1,190
Insurance$347
HOA$139
%($238,000)
%
Loan Term

Location

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Zoned Schools

  • Elementary

    Salt Creek 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

16C
Est. Monthly Rent
$5,227

9 leases of 4-bed houses within 1 mi · $4,602–$5,047

Blended 50/50 with the zip's market median ($5,477)

Monthly Cashflow

Rent − PITIA

-$3,099
Full Cashflow

Incl. vacancy, PM, maint, capex

-$5,293

What would make this work?

$5,293/mo short at 20% down; 84% down or +$6,874/mo rent closes it.

Break-even price

58% under asking

$503,773
Break-even rent

$6,874/mo above the estimate

$12,101/mo
Cashflow at 35% down
−$4,046/mo
Down payment to break even

$999,600 cash

84%
Rate to break even

Negative even at a 0% loan

Not reachable

Mortgage (P+I)
$6,650
Cap Rate
1.63%
Cash-on-Cash
-26.69%
DSCR

Need ≥ 1.25 for DSCR loan

0.63

NOI (Annual)
$19,422
Price-to-Rent

Lower = better for investors

19.0

* Modelled at 20% down, 7.49% 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−$5,293/mo