1286 Discovery Street
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1286 Discovery Street #130

A

San Marcos, CA 92078

$349,500
NEW — 2d

Soft Appraisal Value: $349,800 · 0.1% below estimate

Beds

3

Baths

2

Sqft

1,392

Year Built

2023

Days on Market

2

Property Type

Mfd/Mobile Home

HOA/mo

N/A

MLS ID

NDP2601745

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

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About This Property

Fantastic Near New Perfect 2024 Top O' the Line home located in this 5* Highly Desirable Luxurious RENT CONTROLLED 55+ community. This home is Better than New condition with Every option Imaginable. Super Large 3 bedrooms and 2 Custom bathrooms, Best most Popular floor plan. No Expense Overlooked including High End Water Resistant Laminate Flooring Throughout and a Giant living area filled with natural light. Chefs kitchen equipped with brand-new designer appliances and Hard Wood cabinetry, perfect for everyday living and/or entertaining. The robust primary suite offers privacy and comfort, while the additional bedrooms provide flexibility for guests, hobbies, or a home office. Includes Central air conditioning, washer and dryer, and a custom convenient work shop. Resort-style amenities including a sparkling pool and spa, clubhouse, game room, workout area, car wash area, and remote computer center. Walk to shopping, dining, banks, medical, several golf courses in your backyard and many other attractions. This home is priced below replacement cost for quick sale. Don't miss this opportunity to enjoy comfortable living in North County San Marcos' most welcoming Luxurious Rent Controlled 55+ communities! HURRY!! WON'T LAST!! 600PHA1090A/B

Mortgage Calculator

Est. Monthly Payment

$2,219

Principal & Interest$1,767
Property Tax$350
Insurance$102
%($69,900)
%

Location

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Investment Score

79A
Est. Monthly Rent
$2,272
Monthly Cashflow

Rent − PITIA

+$53
Full Cashflow

Incl. vacancy, PM, maint, capex

$-761

Mortgage (P+I)
$1,767
Cap Rate
3.46%
Cash-on-Cash
-13.06%
DSCR

Need ≥ 1.25 for DSCR loan

1.02
Break-even Rent
$3,260

NOI (Annual)
$12,080
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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