1349 Via Firenze

1349 Via Firenze

D

San Marcos, CA 92078

$970,000

Beds

3

Baths

2

Sqft

1,542

Year Built

1989

Days on Market

16

Property Type

Condo

HOA/mo

$475

MLS ID

NDP2601384

Description

Welcome to 1349 Via Firenze - a single story home with a wrap around patio that gives you privacy and serene views. This 3 bedroom condo comes with vaulted ceilings, large kitchen area, primary suite secluded from the rest of the home and multiple sliding doors that lead you out to your private patio. This home is move-in ready complete with brand new luxury vinyl plank flooring throughout, a fresh paint job, fully finished garage with epoxied floor and storage and is one of the best values in Lake San Marcos! No stairs or steps throughout! Your HOA dues gives access to community pools, pickleball/tennis courts, access to Lake San Marcos itself and is walking distance to one of the two amazing golf courses that Lake San Marcos has to offer. Situated on a private cul-de-sac with only 9 homes. Right around the corner from award winning restaurants and The Lakehouse Hotel. 24 hour security patrol included as well, giving you peace of mind year round.

Mortgage Calculator

Est. Monthly Payment

$6,633

Principal & Interest$4,905
Property Tax$970
Insurance$283
HOA$475
%($194,000)
%

Investment Score

2D
Est. Monthly Rent

Market Rent Estimate

$3,720
Monthly Cashflow

Rent − PITI − HOA

$-2,913
Full Cashflow

Incl. vacancy, PM, maint, capex

$-4,577

Mortgage (P+I)
$4,905
Cap Rate
0.41%
Cash-on-Cash
-18.02%
DSCR

⚠️ Need ≥ 1.25 for DSCR loan

0.76
Break-even Rent
$6,633

NOI (Annual)
$3,937
Price-to-Rent

Lower = better for investors

21.7

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

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