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3680 Mesa Vista Way
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3680 Mesa Vista Way

Dbottom 20%

Bonita, CA 91902

$2,850,000
STR-eligible · unincorporated county · TOT 8%

Pass at asking: -$17,830/mo full cashflow at 20% down, 7.43% rate.

Works at $528,461 (81% under asking); even all cash loses money at asking.

Rent $5,271/mo from 11 leases of 3-bed houses within 2 mi ($5,670–$6,352).

Beds

3

Baths

2

Sqft

3,200

Year Built

1940

Days on Market

63

Property Type

Single Family

HOA/mo

N/A

MLS ID

260021993SD

This property is in Bonita (91902). Browse neighborhood analytics →

About This Property

COME SEE THIS BEAUTIFUL PROPERTY IN THE HEART OF BONITA. CLOSE TO FREEWAY AND PLAZA BONITA MALL. COUNTY SAYS THAT PROPERTY CAN BE SUBDIVIDED INTO 10,000 SQFT. LOTS. BRING YOUR VISION TO BUILD OR CREATE YOUR OWN PRIVATE PARADISE.

Mortgage Calculator

Est. Monthly Payment

$19,514

Principal & Interest$15,833
Property Tax$2,850
Insurance$831
%($570,000)
%
Loan Term

Location

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Zoned Schools

  • Elementary

    Valley Vista 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.

Comparable Properties

3 comps found

This Property

$5,271

vs

Comp Average

$8,144

5274 Margaret

5274 Margaret

5bd / 7.5ba · 5,910 sqft · Single Family

$2.29M

Est. $8,114/mo

344 Surrey Drive

344 Surrey Drive

6bd / 6.5ba · 5,568 sqft · Single Family

$3.00M

Est. $8,215/mo

1541 Country Vistas

1541 Country Vistas

5bd / 5.5ba · 5,518 sqft · Single Family

$3.95M

Est. $8,104/mo

Comps based on same zip code, similar beds (±1), price range (60-150%).

Investment Score

0D
Est. Monthly Rent
$5,271

11 leases of 3-bed houses within 2 mi · $5,670–$6,352

Blended 50/50 with the zip's market median ($4,541)

Monthly Cashflow

Rent − PITIA

-$14,243
Full Cashflow

Incl. vacancy, PM, maint, capex

-$17,830

What would make this work?

$17,830/mo short at 20% down; +$23,156/mo rent closes it.

Break-even price

81% under asking

$528,461
Break-even rent

$23,156/mo above the estimate

$28,427/mo
Cashflow at 35% down
−$14,862/mo
Down payment to break even

Negative even all-cash

Not reachable
Rate to break even

Negative even at a 0% loan

Not reachable
Mortgage (P+I)
$15,833
Cap Rate
-0.73%
Cash-on-Cash
-37.54%
DSCR

Need ≥ 1.25 for DSCR loan

0.27
NOI (Annual)
-$20,805
Price-to-Rent

Lower = better for investors

45.1

* 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.

Open Full Calculator
DCashflow−$17,830/mo