1222 Sunrise

1222 Sunrise #104

D

San Marcos, CA 92078

$799,000

Soft Appraisal Value: $796,300 · 0.3% above estimate

Beds

3

Baths

3.5

Sqft

1,858

Year Built

2022

Days on Market

124

Property Type

Townhouse

HOA/mo

$356

MLS ID

NDP2511220

Description

Why pay more for new construction when this home has it all — right now? Built by Lennar in Nov 2022, this 3-bed, 3.5-bath, 1,858 sq ft tri-level townhome with views, in a quiet, gated San Marcos community is loaded with upgrades the builders charge extra for — and priced below comparable new construction nearby. Move in today... Resort-style pool, playground, BBQ areas, and easy access to Elfin Forest trails, CSUSM, local freeways, and dining — all from one of San Marcos' most sought-after gated communities. No construction timeline risk. No model-home-vs-reality gap. No 18 months of surrounding construction noise while neighboring phases finish. The community is established, the amenities are fully operational — no developer-controlled board. What's already included — no upgrades to negotiate, no surprises: 9 fully owned and paid-off solar panels (zero cost to buyer, immediate savings), Luxury vinyl plank flooring, Whole-house reverse osmosis water purification system, Whole-house water softener, Upgraded bathroom fixtures — above builder standard, Custom cabinetry built into laundry room wall for additional storage, Newer washer and dryer that convey, EV charging outlet (220V NEMA 14-50) in 2-car attached garage, Smart home package: Ring security, smart lock, smart thermostat, smart lights and fans, Surround sound system, High-end ceiling fan in family room, Private courtyard with turf upgrade'. Views to south and no neighbor in front of you.

Mortgage Calculator

Est. Monthly Payment

$5,428

Principal & Interest$4,040
Property Tax$799
Insurance$233
HOA$356
%($159,800)
%

Investment Score

5D
Est. Monthly Rent
$4,221
Monthly Cashflow

Rent − PITIA

$-1,207
Full Cashflow

Incl. vacancy, PM, maint, capex

$-2,844

Mortgage (P+I)
$4,040
Cap Rate
1.80%
Cash-on-Cash
-21.36%
DSCR

⚠️ Need ≥ 1.25 for DSCR loan

0.78
Break-even Rent
$7,914

NOI (Annual)
$14,356
Price-to-Rent

Lower = better for investors

15.8

* 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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