816 Makani Street #5
Btop 30%Chula Vista, CA 91911
An HOA may ban rentals of 30 days or less (Civ. Code §4741): check the CC&Rs.
Pass at asking: -$2,417/mo full cashflow at 20% down, 7.43% rate.
Works at $270,289 (54% under asking), or at 80% down.
Rent $3,330/mo from 8 leases of 2-bed condos & townhomes within 2 mi ($3,145–$3,250).
Beds
2
Baths
2.5
Sqft
1,209
Year Built
2024
Days on Market
154
Property Type
Condo
HOA/mo
$488
MLS ID
260013984SD
This property is in Chula Vista (91911). Browse neighborhood analytics →
About This Property
Dog on property
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Est. Monthly Payment
$4,494
Location
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Comparable Properties
5 comps foundThis Property
$3,330
Comp Average
$3,135
812 Makani St
2bd / 2.5ba · 1,143 sqft · Condo
$595K
Est. $3,013/mo
828 Makani
2bd / 2.5ba · 1,143 sqft · Townhouse
$590K
Est. $3,249/mo
787 Caminito Valiente
2bd / 2.5ba · 1,194 sqft · Condo
$620K
Est. $3,158/mo
2009 Zirk Ave
2bd / 2ba · 1,331 sqft · Condo
$587K
Est. $3,127/mo
2013 Zirk Ave
2bd / 2.5ba · 1,331 sqft · Condo
$600K
Est. $3,127/mo
Comps based on same zip code, similar beds (±1), price range (60-150%).
Investment Score
8 leases of 2-bed condos & townhomes within 2 mi · $3,145–$3,250
Blended 50/50 with a property-level estimate
Rent − PITIA
Incl. vacancy, PM, maint, capex
What would make this work?
$2,417/mo short at 20% down; 80% down or +$3,139/mo rent closes it.
- Break-even price
- $270,289
- Break-even rent
- $6,469/mo
- Cashflow at 35% down
- −$1,808/mo
- Down payment to break even
- 80%
- Rate to break even
- Not reachable
54% under asking
$3,139/mo above the estimate
$468,000 cash
Negative even at a 0% loan
Need ≥ 1.25 for DSCR loan
Lower = better for investors
* 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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