3429 Randy Lane

3429 Randy Lane

Ctop 80%

Chula Vista, CA 91910

$1,199,900
NEW — 0d

Pass at asking: -$5,542/mo full cashflow at 20% down, 7.49% rate.

Works at $481,426 (60% under asking), or at 87% down.

Rent $4,822/mo from 9 leases of 3-bed houses within 2 mi ($5,121–$6,069).

Beds

3

Baths

3

Sqft

2,947

Year Built

1960

Days on Market

0

Property Type

Single Family

HOA/mo

N/A

MLS ID

PTP2608135

This property is in Chula Vista (91910). Browse neighborhood analytics →

About This Property

WOW GREAT HOME - LARGE CORNER LOT - 12,513 SQ FT - HUGE DOWNSTAIRS MASTER SUITE WITH A CHARMING FIREPLACE - LARGE DRESSING AREA - PERFECT RETREAT - GREAT FLOORPLAN - 2 BEDROOMS / 2 FULL BATHS - UPSTAIRS FEATURES ONE BEDROOM AND FULL BATH - ADDITIONAL SPACE FOR AN ADDITIONAL BEDROOM PLUS AN ADDITIONAL LOFT AREA - BEAUTIFUL DOUBLE DOOR ENTRY - CUSTOM FRONT DOOR WITH GLASS INSERTS - ENTER LARGE GREAT ROOM - COOL BEAMED VAULTED CEILING - FAU - OPEN KITCHEN AREA - WONDERFUL BACKYARD WITH SPARKLING POOL - FENCED - 3 CAR GARAGE (ONE CONVERTED TO SLEEPING AREA) - GREAT NEIGHBORHOOD - MANY LONG-TIME RESIDENTS - PRIVATE TUCKED AWAY - CLOSE TO SHOPPING - FREEWAYS - NO HOA - NO MELLO-ROOS

Mortgage Calculator

Est. Monthly Payment

$8,255

Principal & Interest$6,705
Property Tax$1,200
Insurance$350
%($239,980)
%
Loan Term

Location

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Zoned Schools

  • Elementary

    Allen (Ella B.) Elementary · grades K-6 · Chula Vista Elementary

  • Middle

    Bonita Vista Middle · grades 7-8 · Sweetwater Union High

  • High

    Bonita Vista Senior 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

14C
Est. Monthly Rent
$4,822

9 leases of 3-bed houses within 2 mi · $5,121–$6,069

Blended 50/50 with the zip's market median ($4,034)

Monthly Cashflow

Rent − PITIA

-$3,433
Full Cashflow

Incl. vacancy, PM, maint, capex

-$5,542

What would make this work?

$5,542/mo short at 20% down; 87% down or +$7,198/mo rent closes it.

Break-even price

60% under asking

$481,426
Break-even rent

$7,198/mo above the estimate

$12,020/mo
Cashflow at 35% down
−$4,285/mo
Down payment to break even

$1,043,913 cash

87%
Rate to break even

Negative even at a 0% loan

Not reachable

Mortgage (P+I)
$6,705
Cap Rate
1.40%
Cash-on-Cash
-27.71%
DSCR

Need ≥ 1.25 for DSCR loan

0.58

NOI (Annual)
$16,851
Price-to-Rent

Lower = better for investors

20.7

* 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−$5,542/mo