766 Makani Street #5
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766 Makani Street #5

Btop 30%

Chula Vista, CA 91911

$655,000
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: -$2,717/mo full cashflow at 20% down, 7.43% rate.

Works at $301,250 (54% under asking), or at 80% down.

Rent $3,618/mo from 8 leases of 3-bed condos & townhomes within 2 mi ($3,244–$3,486).

Beds

3

Baths

2.5

Sqft

1,320

Year Built

2024

Days on Market

140

Property Type

Townhouse

HOA/mo

$472

MLS ID

PTP2604773

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

Virtual Tour

About This Property

Discover contemporary living in this beautifully maintained, newer-construction townhome built in 2024, located in the desirable Luna at Sunbow community of Western Chula Vista. This move-in-ready home combines modern design, everyday convenience, and an inviting setting. Enjoy a peaceful canyon outlook that offers a refreshing sense of privacy and tranquility. The home features newer appliances, including a refrigerator, stove, washer, and dryer, making your move that much easier. Additional highlights include paid-off solar, an electric vehicle charging station, and an attached garage upgraded with custom storage cabinets and professionally finished epoxy flooring. Step outside and enjoy an impressive collection of community amenities, including a sparkling pool, cabanas, BBQ areas, clubhouse, fitness center, playgrounds, pickleball and basketball courts, and dog parks. Convenient guest parking near the unit makes hosting friends and family easy. Whether you're purchasing your first home, looking for a low-maintenance lifestyle, or ready to enjoy the benefits of newer construction, this home offers an appealing blend of modern features, energy-conscious living, and resort-inspired amenities. Come experience all that Luna at Sunbow has to offer!

Mortgage Calculator

Est. Monthly Payment

$4,957

Principal & Interest$3,639
Property Tax$655
Insurance$191
HOA$472
%($131,000)
%
Loan Term

Location

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Investment Score

43B
Est. Monthly Rent
$3,618

8 leases of 3-bed condos & townhomes within 2 mi · $3,244–$3,486

Blended 50/50 with a property-level estimate

Monthly Cashflow

Rent − PITIA

-$1,339
Full Cashflow

Incl. vacancy, PM, maint, capex

-$2,717

What would make this work?

$2,717/mo short at 20% down; 80% down or +$3,528/mo rent closes it.

Break-even price

54% under asking

$301,250
Break-even rent

$3,528/mo above the estimate

$7,146/mo
Cashflow at 35% down
−$2,034/mo
Down payment to break even

$524,000 cash

80%
Rate to break even

Negative even at a 0% loan

Not reachable

Mortgage (P+I)
$3,639
Cap Rate
2.02%
Cash-on-Cash
-24.89%
DSCR

Need ≥ 1.25 for DSCR loan

0.73

NOI (Annual)
$13,235
Price-to-Rent

Lower = better for investors

15.1

* 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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BCashflow−$2,717/mo