1022 Grape
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1022 Grape

C

San Marcos, CA 92069

$534,999
NEW — 0d

Beds

2

Baths

2

Sqft

972

Year Built

1984

Days on Market

0

Property Type

Condo

HOA/mo

$485

MLS ID

SW26110218

This property is in San Marcos (92069). View neighborhood stats →

About This Property

Welcome to this beautifully updated 2-bedroom, 2-bath condo in the heart of San Marcos! Offering 972 sq. ft. of comfortable living space, this charming home features an updated kitchen, a cozy real wood-burning fireplace, and central A/C for year-round comfort. The functional floor plan includes spacious bedrooms, ample natural light, and a detached garage for added convenience. Community offers a pool, playground and dog park. For commuters or entertainment seekers, the Sprinter station is just a few minutes away! Close to shopping, restaurants and freeway access! Don’t miss this great opportunity to own in one of North County’s most convenient locations!

Mortgage Calculator

Est. Monthly Payment

$3,881

Principal & Interest$2,705
Property Tax$535
Insurance$156
HOA$485
%($107,000)
%

Location

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Investment Score

36C
Est. Monthly Rent
$2,609
Monthly Cashflow

Rent − PITIA

$-1,272
Full Cashflow

Incl. vacancy, PM, maint, capex

$-2,318

Mortgage (P+I)
$2,705
Cap Rate
0.87%
Cash-on-Cash
-26.00%
DSCR

Need ≥ 1.25 for DSCR loan

0.67
Break-even Rent
$5,620

NOI (Annual)
$4,645
Price-to-Rent

Lower = better for investors

17.1

* Defaults: 20% down, 6.5% rate, 30yr.

Estimates only. Not financial advice. Verify all figures independently with a licensed professional before making any investment decision.

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