554 Port Harwick

554 Port Harwick

Ctop 80%

Chula Vista, CA 91913

$1,200,000
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: -$5,428/mo full cashflow at 20% down, 7.36% rate.

Works at $489,668 (59% under asking), or at 86% down.

Rent $5,029/mo from 8 leases of 3–5 bed houses within 1 mi ($4,876–$5,115).

Beds

4

Baths

2.5

Sqft

2,407

Year Built

1988

Days on Market

0

Property Type

Single Family

HOA/mo

$130

MLS ID

PTP2608371

This property is in Chula Vista (91913). Browse neighborhood analytics →

Virtual Tour

About This Property

This gorgeous four-bedroom, two-and-a-half-bathroom home is a must-see, featuring a spectacular backyard view, especially at sunset, with vistas toward Downtown and Coronado. The residence offers numerous amenities, including high ceilings, ample lighting, and a beautiful wooden spiral staircase leading to the upper level. Recent upgrades include a new roof, water softener, tankless water heater, copper piping throughout, and recent termite treatment. The home is adorned with custom vertical shutters, and both the upper and lower air conditioning units are new. While currently configured as a three-bedroom home due to an expanded master suite, it was originally designed as a four-bedroom layout. The interior boasts lovely tile flooring throughout, complemented by elegant custom granite countertops in the kitchen and both bathrooms. Furthermore, the front and back yards are designed for low maintenance. For the winter months, the family room features a cozy granite fireplace, high cathedral ceilings, and large highlight windows. Finally, the solar panels will be fully paid off by the sellers at the close of escrow. This property is truly gorgeous and has been beautifully maintained. Lastly solar panels sellers to pay off at close of escrow.

Mortgage Calculator

Est. Monthly Payment

$8,301

Principal & Interest$6,621
Property Tax$1,200
Insurance$350
HOA$130
%($240,000)
%
Loan Term

Location

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Zoned Schools

  • Elementary

    EastLake 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

14C
Est. Monthly Rent
$5,029

8 leases of 3–5 bed houses within 1 mi · $4,876–$5,115

Blended 50/50 with the zip's market median ($5,072)

Monthly Cashflow

Rent − PITIA

-$3,272
Full Cashflow

Incl. vacancy, PM, maint, capex

-$5,428

What would make this work?

$5,428/mo short at 20% down; 86% down or +$7,050/mo rent closes it.

Break-even price

59% under asking

$489,668
Break-even rent

$7,050/mo above the estimate

$12,079/mo
Cashflow at 35% down
−$4,187/mo
Down payment to break even

$1,032,000 cash

86%
Rate to break even

Negative even at a 0% loan

Not reachable

Mortgage (P+I)
$6,621
Cap Rate
1.44%
Cash-on-Cash
-27.14%
DSCR

Need ≥ 1.25 for DSCR loan

0.61

NOI (Annual)
$17,325
Price-to-Rent

Lower = better for investors

19.9

* Modelled at 20% down, 7.36% 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−$5,428/mo