833 Coriander Court

833 Coriander Court

Ctop 80%

Chula Vista, CA 91910

$749,900
NEW — 0d
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: -$3,629/mo full cashflow at 20% down, 7.43% rate.

Works at $277,488 (63% under asking), or at 90% down.

Rent $3,177/mo from 10 leases of 2-bed condos & townhomes within 2 mi ($3,699–$3,875).

Beds

2

Baths

2

Sqft

1,677

Year Built

1977

Days on Market

0

Property Type

Condo

HOA/mo

$315

MLS ID

PTP2608324

This property is in Chula Vista (91910). Browse neighborhood analytics →

About This Property

VERY POPULAR WINDSOR VIEW - NO MELLO-ROOS - THIS SPLIT LEVEL CONDO HAS IT ALL - FLOORING - BUILT-IN CABINETRY - KITCHEN - GARDEN - WINDOWS - RARELY AVAILABLE - SHOWS LIKE A MODEL - BEAUTIFUL UPGRADED FLOORING - WONDERFUL LOCATION - VERY PRIVATE CUL-DE-SAC WITH GUEST PARKING - LOVELY FORMAL LIVING ROOM WITH A FIREPLACE FOR RELAXING AND ENTERTAINING - BATHROOMS HAVE BEEN UPDATED - LARGE FAMILY ROOM - LEADING TO A BEAUTIFUL PRIVATE - DECK AREA - LOW MAINTENANCE - 2 CAR GARAGE - THIS DEVELOPMENT IS A WELL-KEPT SECRET WITH A SMALL CLUSTER OF CONDOS - GREAT LOCATION - CLOSE TO SHOPPING AND FREEWAYS

Mortgage Calculator

Est. Monthly Payment

$5,450

Principal & Interest$4,166
Property Tax$750
Insurance$219
HOA$315
%($149,980)
%
Loan Term

Location

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Zoned Schools

  • Elementary

    Casillas (Joseph) 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

25C
Est. Monthly Rent
$3,177

10 leases of 2-bed condos & townhomes within 2 mi · $3,699–$3,875

Blended 50/50 with the zip's market median ($2,621)

Monthly Cashflow

Rent − PITIA

-$2,273
Full Cashflow

Incl. vacancy, PM, maint, capex

-$3,629

What would make this work?

$3,629/mo short at 20% down; 90% down or +$4,712/mo rent closes it.

Break-even price

63% under asking

$277,488
Break-even rent

$4,712/mo above the estimate

$7,889/mo
Cashflow at 35% down
−$2,847/mo
Down payment to break even

$674,910 cash

90%
Rate to break even

Negative even at a 0% loan

Not reachable

Mortgage (P+I)
$4,166
Cap Rate
1.11%
Cash-on-Cash
-29.03%
DSCR

Need ≥ 1.25 for DSCR loan

0.58

NOI (Annual)
$8,356
Price-to-Rent

Lower = better for investors

19.7

* 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−$3,629/mo