1219 Barham Drive
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1219 Barham Drive #178

A

San Marcos, CA 92078

$389,000
NEW — 0d

Beds

2

Baths

2

Sqft

1,536

Year Built

1973

Days on Market

0

Property Type

Manufactured

HOA/mo

$205

MLS ID

NDP2605941

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

Virtual Tour

About This Property

You OWN the LAND! Beautifully renovated 1,536 sf home with high ceilings, newer roof, vinyl dual pane windows & slider door, solid surface counter tops, stainless refrigerator, oven, dishwasher, waterproof laminate flooring, upgraded bathrooms with glass shower enclosures, toilets & fixtures. Turnkey & move-in ready, all appliances convey. Big walk-in closets & 2 sheds for storage. Freshly refurbished landscaping with raised planter beds, fully fenced yard with turf, a peach tree & an orange tree. Large breezy porch with lovely mountain views. 2 pets allowed, you may walk them on leash in the community, and there is a spectacular fully fenced dog park with large trees for your pets to exercise & socialize. $205 per mo HOA includes trash & water! Casitas Del Sol is a 55+ community that is close to shopping, dining, Costco, Palomar Hospital, Kaiser Hospital, & Jacks Pond Park & Nature Center. They have an amazing clubhouse with dance floor, stage with sound system, commercial style kitchen, dining hall, shuffleboard courts, 3 billiard tables, workout equipment, ping pong, lending library, movie room with flat screen TV, computer access, card room, game tables, reading area with fireplace, friendly neighbors, frequent on-site dinners with fun entertainment, pot lucks, BBQ's, luncheons, year round heated pool, indoor spa, his & hers saunas, attractive landscaping, RV parking & a guest house that can be rented for family & friends at only $35 per night. Recently installed solar arrays will help keep HOA costs among the lowest in the County. This home is close to guest parking, a level walk to all the amenities & located in one of the quietest areas of this exceptional land owned community.

Mortgage Calculator

Est. Monthly Payment

$2,674

Principal & Interest$1,967
Property Tax$389
Insurance$113
HOA$205
%($77,800)
%

Location

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Investment Score

72A
Est. Monthly Rent
$2,515
Monthly Cashflow

Rent − PITIA

$-159
Full Cashflow

Incl. vacancy, PM, maint, capex

$-1,062

Mortgage (P+I)
$1,967
Cap Rate
2.79%
Cash-on-Cash
-16.37%
DSCR

Need ≥ 1.25 for DSCR loan

0.94
Break-even Rent
$3,894

NOI (Annual)
$10,865
Price-to-Rent

Lower = better for investors

12.9

* 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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