
824 Makani Street #1
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: -$2,520/mo full cashflow at 20% down, 7.43% rate.
Works at $291,894 (53% under asking), or at 79% 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
57
Property Type
Townhouse
HOA/mo
$260
MLS ID
PTP2606957
This property is in Chula Vista (91911). Browse neighborhood analytics →
About This Property
Considering a new build but don't want to wait for it to be built? 824 Makani St Unit 1 is your next best option. This 1143 sq ft townhome located in the Prism development of the Sunbow community was completed in mid 2024. With high ceilings and meticulously curated layout, this home lives and feels much larger. The entry level features a 2 car garage with ample storage and this is where you will notice the Solar battery and electric car charging station. Moving up to the main level of the home you will find an open concept joining the large kitchen, dining and living rooms with access to a private use balcony overlooking the common areas with a view. The top floor is composed of the bedrooms and separate bathrooms. The primary suite comes complete with a walk-in closet and ensuite bathroom also with a view. Although attached, your privacy as well as your peace and quiet are not sacrificed. If this newer turnkey home wasn't enough, the new growing community has a dog park, pool/spa area, recreation courts, and even its own gym. Commuters will enjoy the quick access to the freeway. Come see this unique opportunity today before it's too late!
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Est. Monthly Payment
$4,505
Location
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Comparable Properties
5 comps foundThis Property
$3,249
Comp Average
$3,200
816 Makani Street
2bd / 2.5ba · 1,209 sqft · Condo
$585K
Est. $3,330/mo
828 Makani
2bd / 2.5ba · 1,143 sqft · Townhouse
$590K
Est. $3,249/mo
812 Makani St
2bd / 2.5ba · 1,143 sqft · Condo
$595K
Est. $3,013/mo
787 Caminito Valiente
2bd / 2.5ba · 1,194 sqft · Condo
$620K
Est. $3,158/mo
804 Makani Street
2bd / 2.5ba · 1,143 sqft · Townhouse
$639K
Est. $3,249/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 · $3,058–$3,160
Blended 50/50 with a property-level estimate
Rent − PITIA
Incl. vacancy, PM, maint, capex
What would make this work?
$2,520/mo short at 20% down; 79% down or +$3,272/mo rent closes it.
- Break-even price
- $291,894
- Break-even rent
- $6,521/mo
- Cashflow at 35% down
- −$1,874/mo
- Down payment to break even
- 79%
- Rate to break even
- Not reachable
53% under asking
$3,272/mo above the estimate
$489,721 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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