1145 Barham Drive
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1145 Barham Drive #109

A

San Marcos, CA 92078

$180,000
NEW — 2d

Beds

2

Baths

1

Sqft

750

Year Built

1960

Days on Market

2

Property Type

Mfd/Mobile Home

HOA/mo

N/A

MLS ID

PTP2600845

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

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About This Property

Motivated Seller! Home offers a spacious living room, kitchen and bathroom have been remodeled, stainless steel Maytag appliances, upgraded flooring in kitchen, dining room and living room, enjoy the breeze from the enclosed porch. Home has a sunroom believed to be 18x7, and beautiful garden with a citrus tree. Nestle in the friendly 55+ Community SAN MARCOS MOBILE ESTATES with amenities that include the clubhouse, pool, jacuzzi, billiard room, library, etc. Located near Walmart, groceries stores, near hospitals and easy access to freeway. One resident must be 55+ while the second resident may be 40+. Small pet welcomed with prior management approval. Control rent lease park. Owner died of natural causes in the home. Property sold AS-IS with no implied warranties, no repairs will be made. All personal property currently at the property will convey with the sale.

Mortgage Calculator

Est. Monthly Payment

$1,143

Principal & Interest$910
Property Tax$180
Insurance$52
%($36,000)
%

Location

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Investment Score

83A
Est. Monthly Rent
$1,170
Monthly Cashflow

Rent − PITIA

+$28
Full Cashflow

Incl. vacancy, PM, maint, capex

$-391

Mortgage (P+I)
$910
Cap Rate
3.46%
Cash-on-Cash
-13.04%
DSCR

Need ≥ 1.25 for DSCR loan

1.02
Break-even Rent
$1,678

NOI (Annual)
$6,227
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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