1225 Via Rafael
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1225 Via Rafael

D

San Marcos, CA 92078

$1,299,000

Soft Appraisal Value: $1,280,300 · 1.5% above estimate

Beds

3

Baths

2

Sqft

2,034

Year Built

1990

Days on Market

63

Property Type

Single Family

HOA/mo

$241

MLS ID

260005709SD

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

Virtual Tour

About This Property

Welcome to your dream home in Lake San Marcos, featuring a lovely Brighton model in The Fairways with panoramic ocean, sunset views from the rear patio, living room and kitchen. The single story has 3 bedrooms, 2 full baths, 2- car attached garage and is situated on a private cul-de-sac. It was upgraded in 2022 with luxury vinyl flooring, quartz counter tops, recessed LED lighting, central air conditioning, newer plumbing in walls, the open atrium was enclosed adding 128 sq. ft to the former interior square footage, for a dedicated dining room, which could be converted to another bedroom, remodeled both bathroom showers, designer paint inside and out, and refreshed landscaping. The flowering perennials create a magical, relaxing space outside for entertaining. The interior vaulted ceilings and skylights allow natural light to pour inside all day long complimenting the open floor plan. Low hoa fees of $241 monthly including pool, spa, club house and common area maintenance. Schedule your private tour today to start living an exceptional life style at Lake San Marcos. Reduced $50k to sell! As a resident of The Fairways, you wil enjoy low HOA fees Of $241 that include a 24-hour security detail, access to a heated community pool and spa and club house. Also you can join the Lake and Lodge, with monthly $75 membership to have access to pickle, paddle ball and tennis courts, 2 additional pools, lawn area ant lake next to Amalfi Restaurant. Schedule your private tour today to start living an exceptional life style at Lake San Marcos.

Mortgage Calculator

Est. Monthly Payment

$8,487

Principal & Interest$6,568
Property Tax$1,299
Insurance$379
HOA$241
%($259,800)
%

Location

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Investment Score

4D
Est. Monthly Rent
$4,505
Monthly Cashflow

Rent − PITIA

$-3,982
Full Cashflow

Incl. vacancy, PM, maint, capex

$-6,101

Mortgage (P+I)
$6,568
Cap Rate
0.43%
Cash-on-Cash
-28.18%
DSCR

Need ≥ 1.25 for DSCR loan

0.53
Break-even Rent
$12,429

NOI (Annual)
$5,608
Price-to-Rent

Lower = better for investors

24.0

* 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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