1114 Red Hawk Way
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1114 Red Hawk Way

D

San Marcos, CA 92078

$995,000
NEW — 2d

Soft Appraisal Value: $981,400 · 1.4% above estimate

Beds

3

Baths

2

Sqft

1,519

Year Built

1976

Days on Market

2

Property Type

Single Family

HOA/mo

$130

MLS ID

NDP2604118

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

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About This Property

The home every buyer has been looking for! Single-story, 3 bed, 2 bath detached home, tucked at the end of a charming cul-de-sac adjacent to a park and expansive green belts -no immediate neighbor. Greeted by vaulted ceilings and an open-concept layout that create a spacious yet cozy feel, enhanced by warm laminate flooring and abundant natural light. Multiple dual-pane windows frame greenery in every room. Enjoy formal dining and a separate family room, each with sliding glass doors that open to a beautifully landscaped backyard and generous patio, perfect for indoor/outdoor living and entertaining. All bedrooms are roomy and carpeted with the primary bedroom separate from the secondary rooms. 2 car garage with washer and dryer included and New Furnace Nov 2024. Lovingly owned for 30 years! This is a RARE opportunity in this delightful community known as "The Bird Streets" between Lake San Marcos and Discovery Hills! Enjoy close proximity (Walk, Bike or Golf Cart) to all that the Lake offers without the higher costs or constant visitors. Walk to Discovery Elementary or SM High. Close to all shopping, local eateries, Discovery Lake, CSUSM -Public University,, LOW HOA and NO mello Roos.

Mortgage Calculator

Est. Monthly Payment

$6,446

Principal & Interest$5,031
Property Tax$995
Insurance$290
HOA$130
%($199,000)
%

Location

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Investment Score

13D
Est. Monthly Rent
$3,696
Monthly Cashflow

Rent − PITIA

$-2,750
Full Cashflow

Incl. vacancy, PM, maint, capex

$-4,430

Mortgage (P+I)
$5,031
Cap Rate
0.73%
Cash-on-Cash
-26.71%
DSCR

Need ≥ 1.25 for DSCR loan

0.57
Break-even Rent
$9,449

NOI (Annual)
$7,221
Price-to-Rent

Lower = better for investors

22.4

* 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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