1026 La Reina
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1026 La Reina

D

San Marcos, CA 92078

$1,199,000
NEW — 0d

Beds

2

Baths

2

Sqft

1,700

Year Built

1965

Days on Market

0

Property Type

Single Family

HOA/mo

$540

MLS ID

260009689SD

This property is in San Marcos (92078). View neighborhood stats →

About This Property

Set directly on the 12th fairway of The Links at Lakehouse Resort, this is one of the rare homes in Lake San Marcos where the golf course really is the backyard. It's a 2-bedroom, 2-bathroom, 1,700-square-foot single-level home, carefully updated to pair the warmth of its mid-century roots with the polish of a modern remodel. Inside, an open floor plan fills with natural light and fairway views framed by mature oaks. The remodeled kitchen sits at the center, with a generous island, quartz counters, wood cabinetry, and stainless steel appliances that work as well for a morning cup of coffee as they do for hosting a crowd. A gas fireplace warms the living area, and the living and dining spaces open toward the course, so the fairway ends up feeling like part of the floor plan.The primary suite looks out over the 12th hole, with morning light and end-of-day color that never gets old. The second bedroom works easily as a guest room, a home office, or a studio, and both bathrooms have been refreshed with clean, modern finishes. Beneath the finishes, the big-ticket items have already been handled: new roof, new HVAC, and a complete re-pipe. With a $540/year HOA and no Mello-Roos, the carrying cost stays refreshingly low for a home on The Links. Beyond the property line, the Lake San Marcos lifestyle does most of the talking. A 75-acre private lake, two 18-hole courses, a full marina, pickleball and tennis, resort pools, and Brickman's just off the 18th green. Carlsbad beaches are twenty minutes west; downtown San Diego is forty-five south.

Mortgage Calculator

Est. Monthly Payment

$8,152

Principal & Interest$6,063
Property Tax$1,199
Insurance$350
HOA$540
%($239,800)
%

Location

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Investment Score

0D
Est. Monthly Rent
$3,466
Monthly Cashflow

Rent − PITIA

$-4,686
Full Cashflow

Incl. vacancy, PM, maint, capex

$-6,482

Mortgage (P+I)
$6,063
Cap Rate
-0.42%
Cash-on-Cash
-32.44%
DSCR

Need ≥ 1.25 for DSCR loan

0.43
Break-even Rent
$11,884

NOI (Annual)
$-5,032
Price-to-Rent

Lower = better for investors

28.8

* 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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