155 Las Flores Dr #104
Atop 10%San Marcos, CA 92069Neighborhood: Business/Industrial District
Pass at asking: -$1,145/mo full cashflow at 20% down, 7.49% rate.
Works at $301,473 (33% under asking), or at 57% down.
Rent $3,020/mo: zip market median for this bed count.
Beds
3
Baths
2
Sqft
1,540
Year Built
2024
Days on Market
0
Property Type
Mfd/Mobile Home
HOA/mo
N/A
MLS ID
NDP2610005
This property is in San Marcos (92069). View neighborhood stats →
About This Property
Brand New Home!!! Never lived in! Spacious 3 bedroom 2 bath home and centrally located. 9 foot ceilings, lots of kitchen cabinets with island. Central A/C. Brand new stainless steel appliances, luxury vinyl flooring and fireplace. Great community with club house, swimming pool, billiard room and much more. Easy freeway access and close to all your essential needs. 15 minutes to the beach. Super low space rent of $750 per month!! Don't forget to click on the 3D Virtual Tour. SN:CAV110AZ24-21836A/B
Mortgage Calculator
Est. Monthly Payment
$3,096
Location
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Zoned Schools
Elementary
Joli Ann Leichtag Elementary · grades K-5 · San Marcos Unified
Middle
San Marcos Middle · grades 6-8 · San Marcos Unified
High
San Marcos High · grades 9-12 · San Marcos Unified
The district's assigned schools for this parcel, from its attendance boundaries and rules. Boundaries change: confirm with the district before you buy.
Comparable Properties
5 comps foundThis Property
$3,020
Comp Average
$2,852
155 Las Flores Drive
3bd / 2ba · 1,512 sqft · Mfd/Mobile Home
$350K
Est. $3,020/mo
971 Borden Road
3bd / 2ba · 1,242 sqft · Mfd/Mobile Home
$379K
Est. $3,020/mo
1401 El Norte Parkway
3bd / 2ba · 1,521 sqft · Manufactured
$475K
Est. $3,020/mo
1401 El Norte Parkway
3bd / 2ba · 1,493 sqft · Manufactured
$489K
Est. $3,020/mo
1401 El Norte Parkway
2bd / 2ba · 1,550 sqft · Manufactured
$539K
Est. $2,181/mo
Comps based on same zip code, similar beds (±1), price range (60-150%).
Short-term not available here. San Marcos does not allow short-term rentals in residential zones. See the rules
Investment Score
Zip market median for this bed count
Thin data: no closed leases like this one nearby.
Rent − PITIA
Incl. vacancy, PM, maint, capex
What would make this work?
$1,145/mo short at 20% down; 57% down or +$1,487/mo rent closes it.
- Break-even price
- $301,473
- Break-even rent
- $4,507/mo
- Cashflow at 35% down
- −$674/mo
- Down payment to break even
- 57%
- Rate to break even
- 2.21%
33% under asking
$1,487/mo above the estimate
$256,500 cash
at 20% down
Need ≥ 1.25 for DSCR loan
Lower = better for investors
* Modelled at 20% down, 7.49% rate, 30yr · vacancy 8% · PM 10% · capex 5% · maintenance 1%/yr.
Estimates only. Not financial advice. Verify all figures independently with a licensed professional before making any investment decision.
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