1254 Rue Saint Martin

1254 Rue Saint Martin

D

San Marcos, CA 92078

$995,000
NEW — 6d on market

Beds

2

Baths

2

Sqft

1,383

Year Built

1988

Days on Market

6

Property Type

Condo

HOA/mo

$473

MLS ID

NDP2601673

Description

Price range is $945,000-$995,000. Stunning 180° panoramic views – from every room - of Lake San Marcos, Lake San Marcos Golf Course, sunrises and sunsets, the city of San Marcos, Twin Oaks Valley, Cal State San Marcos, and surrounding hills highlight this light, bright, airy condo in The Colony (HOA). • 2 bedrooms | 2 baths | 1,383 sq ft • Single-level, ground-floor, end unit in a triplex (only one shared wall), on a quiet, cul-de-sac street • Attached 2-car garage • Vaulted ceilings • New paint, hardware, and flooring; no carpet • Updated kitchen - new dishwasher; all stainless-steel kitchen appliances convey • Two primary suites, two en-suite baths; kitchen/living/dining centered between the suites • Walk-in closet • Updated bathrooms - new toilets, vanities, countertops, sinks, and mirrors • Expansive back patio - partially fenced - spans the length of the unit, accessible from every room —ideal for indoor/outdoor living and entertaining • Private, gated front courtyard • Laundry hookups in garage and available in-unit • Dedicated home office space • Quiet community with ample guest parking nearby • Community clubhouse a short walk away • Solvent HOA – amenities include 24-hr security, lake+lodge privileges, groundskeeping, pest control • Pet-friendly community • Enjoy daily ocean/coastal breezes • Convenient to shopping, schools, and Hwy 78 (close—without the noise)

Mortgage Calculator

Est. Monthly Payment

$6,789

Principal & Interest$5,031
Property Tax$995
Insurance$290
HOA$473
%($199,000)
%

Investment Score

1D
Est. Monthly Rent

Market Rent Estimate

$3,561
Monthly Cashflow

Rent − PITI − HOA

$-3,228
Full Cashflow

Incl. vacancy, PM, maint, capex

$-4,876

Mortgage (P+I)
$5,031
Cap Rate
0.19%
Cash-on-Cash
-19.47%
DSCR

⚠️ Need ≥ 1.25 for DSCR loan

0.71
Break-even Rent
$6,789

NOI (Annual)
$1,858
Price-to-Rent

Lower = better for investors

23.3

* Defaults: 20% down, 6.5% rate, 30yr.

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