1448 La Linda Dr

1448 La Linda Dr

D

San Marcos, CA 92078

$1,015,000
NEW — 1d on market

Beds

2

Baths

2

Sqft

1,458

Year Built

1965

Days on Market

1

Property Type

Condo

HOA/mo

$615

MLS ID

260002852SD

Description

Every day feels like a vacation at the Lake! This single level home is ideally located within walking distance of The Links a beautiful 18 hole golf course and country club. Enjoy several restaurants within the Lake San Marcos community such as Amalfi, Brickman's and Dockside. A short walk or golf cart ride gets you to all the amenities and restaurants. Enjoy boating, tennis, pickleball, music on the weekends and so much more! A lovely 2 bed 2 full bath home with a single car attached garage, new covered patio, roof and solar are 6 years old and double sliding doors that open to a gorgeous lake view, manicured gardens, a lovely pool for Mall II residents only and a community dock where you can keep your own boat. This property also enjoys all Lake San Marcos resident perks such as private 24 hour security, 2 pools (1 adult and 1 family) tennis and pickleball courts.

Mortgage Calculator

Est. Monthly Payment

$7,058

Principal & Interest$5,132
Property Tax$1,015
Insurance$296
HOA$615
%($203,000)
%

Investment Score

0D
Est. Monthly Rent

HUD Fair Market Rent

$3,240
Monthly Cashflow
$-5,409

Mortgage (P+I)
$5,132
Cap Rate
-0.33%
Cash-on-Cash
-31.98%
DSCR

⚠️ Need ≥ 1.25 for DSCR loan

0.63
Break-even Rent
$8,390

NOI (Annual)
$-3,324
Price-to-Rent

Lower = better for investors

26.1

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

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