787 Caminito Valiente
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787 Caminito Valiente

Btop 30%

Chula Vista, CA 91911

$620,000
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: -$2,660/mo full cashflow at 20% down, 7.43% rate.

Works at $273,613 (56% under asking), or at 82% down.

Rent $3,158/mo from 8 leases of 2-bed condos & townhomes within 2 mi ($3,126–$3,230).

Beds

2

Baths

2.5

Sqft

1,194

Year Built

2002

Days on Market

69

Property Type

Condo

HOA/mo

$330

MLS ID

PTP2606688

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

Virtual Tour

About This Property

ENJOY THIS HOME IN THE SOUGHT-AFTER GATED COMMUNITY OF "TIVOLI VILLAS", CHULA VISTA.THIS CONDO OFFERS 1194 SQ FT OF LIVING SPACE, 1 CAR GARAGE AND PRIVATE BACKYARD. COZY FIREPLACE IN LIVING ROOM AND COMFORTABLE CENTRAL AIR SYSTEM. EXCELLENT AMENITIES SUCH AS COMMUNITY POOL, PLAYGROUND AND PRIVATE GATE. NEAR SHOPPING, SCHOOLS, PARKS AND FWY 805.

Mortgage Calculator

Est. Monthly Payment

$4,575

Principal & Interest$3,444
Property Tax$620
Insurance$181
HOA$330
%($124,000)
%
Loan Term

Location

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Zoned Schools

  • Elementary

    Parkview Elementary · grades K-6 · Chula Vista Elementary

  • Middle

    Rancho del Rey Middle · grades 7-8 · Sweetwater Union High

  • High

    Otay Ranch 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

42B
Est. Monthly Rent
$3,158

8 leases of 2-bed condos & townhomes within 2 mi · $3,126–$3,230

Blended 50/50 with a property-level estimate

Monthly Cashflow

Rent − PITIA

-$1,417
Full Cashflow

Incl. vacancy, PM, maint, capex

-$2,660

What would make this work?

$2,660/mo short at 20% down; 82% down or +$3,455/mo rent closes it.

Break-even price

56% under asking

$273,613
Break-even rent

$3,455/mo above the estimate

$6,613/mo
Cashflow at 35% down
−$2,015/mo
Down payment to break even

$508,400 cash

82%
Rate to break even

Negative even at a 0% loan

Not reachable

Mortgage (P+I)
$3,444
Cap Rate
1.82%
Cash-on-Cash
-25.75%
DSCR

Need ≥ 1.25 for DSCR loan

0.69

NOI (Annual)
$11,303
Price-to-Rent

Lower = better for investors

16.4

* 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−$2,660/mo