350 Tourmaline Court
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350 Tourmaline Court

Ctop 80%

Chula Vista, CA 91911

$789,000

Pass at asking: -$3,412/mo full cashflow at 20% down, 7.43% rate.

Works at $344,613 (56% under asking), or at 83% down.

Rent $3,438/mo from 22 leases of 2–4 bed houses within 2 mi ($3,173–$3,600).

Beds

3

Baths

2

Sqft

1,138

Year Built

1966

Days on Market

123

Property Type

Single Family

HOA/mo

N/A

MLS ID

SW26147310

This property is in Chula Vista (91911). Browse neighborhood analytics →

About This Property

Outstanding value for the Dollar-Beautiful 3 Bedroom, 2 Full Bath (Remodeled) - The Home is located in a cul-de-sac- The Home comes with a 2-car garage, EV outlet connection, a large Swimming Pool, and RV space, etc., easy access to 805 Freeway/shopping and dining.

Mortgage Calculator

Est. Monthly Payment

$5,402

Principal & Interest$4,383
Property Tax$789
Insurance$230
%($157,800)
%
Loan Term

Location

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Zoned Schools

  • Elementary

    Rohr (Fred H.) Elementary · grades PK-6 · Chula Vista Elementary

  • Middle

    Castle Park Middle · grades 7-8 · Sweetwater Union High

  • High

    Castle Park 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

33C
Est. Monthly Rent
$3,438

22 leases of 2–4 bed houses within 2 mi · $3,173–$3,600

Blended 50/50 with a property-level estimate

Monthly Cashflow

Rent − PITIA

-$1,964
Full Cashflow

Incl. vacancy, PM, maint, capex

-$3,412

What would make this work?

$3,412/mo short at 20% down; 83% down or +$4,432/mo rent closes it.

Break-even price

56% under asking

$344,613
Break-even rent

$4,432/mo above the estimate

$7,870/mo
Cashflow at 35% down
−$2,591/mo
Down payment to break even

$654,870 cash

83%
Rate to break even

Negative even at a 0% loan

Not reachable

Mortgage (P+I)
$4,383
Cap Rate
1.74%
Cash-on-Cash
-25.95%
DSCR

Need ≥ 1.25 for DSCR loan

0.64

NOI (Annual)
$13,712
Price-to-Rent

Lower = better for investors

19.1

* 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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CCashflow−$3,412/mo