804 Makani Street #2
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804 Makani Street #2

Ctop 80%

Chula Vista, CA 91911

$639,000
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: -$2,894/mo full cashflow at 20% down, 7.43% rate.

Works at $262,254 (59% under asking), or at 86% down.

Rent $3,249/mo from 8 leases of 2-bed condos & townhomes within 2 mi ($3,058–$3,160).

Beds

2

Baths

2.5

Sqft

1,143

Year Built

2024

Days on Market

45

Property Type

Townhouse

HOA/mo

$488

MLS ID

PTP2607283

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

Virtual Tour

About This Property

Experience contemporary living in this 2024-built 3-level residence. Designed for comfort and sustainability, this smart home features a completely paid-off solar system to keep utilities worry-free and a private 2-car garage featuring an EV charger. The light-filled main level serves as the social heart of the home with seamless flow between the gourmet kitchen, dining area, covered balcony, and living room with 86” TV. The top level hosts a peaceful primary retreat with dual vanity bath, walk-in closet plus a second bedroom suite. All Smart appliances & both TVs convey. Prism’s outstanding amenities feature an impressive pool, modern fitness center, gorgeous clubhouse, pickleball and half-basketball courts, multiple playgrounds, a dog run and stunning outdoor entertaining spaces. This is your opportunity in one of South Bay’s newest communities: Modern efficiency meets everyday luxury at Prism in Sunbow

Mortgage Calculator

Est. Monthly Payment

$4,863

Principal & Interest$3,550
Property Tax$639
Insurance$186
HOA$488
%($127,800)
%
Loan Term

Location

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Investment Score

36C
Est. Monthly Rent
$3,249

8 leases of 2-bed condos & townhomes within 2 mi · $3,058–$3,160

Blended 50/50 with a property-level estimate

Monthly Cashflow

Rent − PITIA

-$1,614
Full Cashflow

Incl. vacancy, PM, maint, capex

-$2,894

What would make this work?

$2,894/mo short at 20% down; 86% down or +$3,758/mo rent closes it.

Break-even price

59% under asking

$262,254
Break-even rent

$3,758/mo above the estimate

$7,007/mo
Cashflow at 35% down
−$2,228/mo
Down payment to break even

$549,540 cash

86%
Rate to break even

Negative even at a 0% loan

Not reachable

Mortgage (P+I)
$3,550
Cap Rate
1.54%
Cash-on-Cash
-27.17%
DSCR

Need ≥ 1.25 for DSCR loan

0.67

NOI (Annual)
$9,824
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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CCashflow−$2,894/mo