1145 Barham Drive
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1145 Barham Drive #160

A

San Marcos, CA 92078

$299,500
NEW — 2d

Beds

2

Baths

2

Sqft

1,674

Year Built

2006

Days on Market

2

Property Type

Mfd/Mobile Home

HOA/mo

N/A

MLS ID

NDP2603937

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

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About This Property

Welcome to this newer, beautifully maintained home located in a desirable 55+ community with rent control and resort-style amenities. Low space rent of only $674.37/month.  A quaint and private front porch creates a warm welcome, leading into a formal entry and a light, bright interior filled with natural charm.  The remodeled kitchen is both functional and inviting, featuring an island, built-in desk/workspace, pantry, and a cozy breakfast nook—perfect for everyday living. Recent appliance updates include the refrigerator, dishwasher, disposal, and microwave.  The spacious Great Room offers an open, comfortable setting, complemented by a Den—ideal for a home office, hobby space, or additional sitting area. The Primary Suite includes a walk-in closet, dual sinks, and a separate tub and shower for added convenience.  Additional highlights include a generously sized laundry room with extra counter space and storage, new interior paint and carpet, three ceiling fans, and a tall exterior storage shed. Termite clearance was completed in April 2026.  Located in San Marcos Mobile Estates, residents enjoy access to a clubhouse, year-round heated pool, spa, billiards room, library, shuffleboard, and a dog park. Conveniently situated near shopping and dining including Costco, Walmart, and Kohl’s, as well as public transportation and major medical facilities such as Palomar Hospital and Kaiser Permanente.  Low space rent of $674.67/month. One resident must be 55+, with a second resident permitted at 40+. One indoor pet under 25 lbs allowed with park approval. Termite Clearance completed in April 2026.

Mortgage Calculator

Est. Monthly Payment

$1,901

Principal & Interest$1,514
Property Tax$300
Insurance$87
%($59,900)
%

Location

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Investment Score

80A
Est. Monthly Rent
$1,947
Monthly Cashflow

Rent − PITIA

+$46
Full Cashflow

Incl. vacancy, PM, maint, capex

$-651

Mortgage (P+I)
$1,514
Cap Rate
3.46%
Cash-on-Cash
-13.05%
DSCR

Need ≥ 1.25 for DSCR loan

1.02
Break-even Rent
$2,793

NOI (Annual)
$10,357
Price-to-Rent

Lower = better for investors

12.8

* 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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