3002 Bravo Loop #2
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3002 Bravo Loop #2

Btop 30%

Chula Vista, CA 91915

$650,000
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: -$2,631/mo full cashflow at 20% down, 7.43% rate.

Works at $307,427 (53% under asking), or at 79% down.

Rent $3,650/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

110

Property Type

Condo

HOA/mo

$449

MLS ID

PTP2605553

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

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About This Property

Incredible opportunity to own in the highly desirable Millenia community of Chula Vista! This beautiful 3 bedroom, 2 bathroom townhome offers 1,433 sq. ft. of modern living with an open concept floor plan, spacious kitchen, large center island, and inviting living areas. Enjoy the Millenia lifestyle with nearby parks, walking trails, restaurants, coffee shops, shopping, and Otay Ranch Town Center just minutes away. Take advantage of the seller's willingness to contribute toward lowering your mortgage payments or closing costs! Seller concessions subject to negotiated terms, lender approval, and loan program eligibility. Schedule your private showing today!

Mortgage Calculator

Est. Monthly Payment

$4,900

Principal & Interest$3,611
Property Tax$650
Insurance$190
HOA$449
%($130,000)
%
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

46B
Est. Monthly Rent
$3,650

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

-$1,250
Full Cashflow

Incl. vacancy, PM, maint, capex

-$2,631

What would make this work?

$2,631/mo short at 20% down; 79% down or +$3,417/mo rent closes it.

Break-even price

53% under asking

$307,427
Break-even rent

$3,417/mo above the estimate

$7,067/mo
Cashflow at 35% down
−$1,954/mo
Down payment to break even

$513,500 cash

79%
Rate to break even

Negative even at a 0% loan

Not reachable

Mortgage (P+I)
$3,611
Cap Rate
2.15%
Cash-on-Cash
-24.29%
DSCR

Need ≥ 1.25 for DSCR loan

0.74

NOI (Annual)
$13,948
Price-to-Rent

Lower = better for investors

14.8

* 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−$2,631/mo