1560 Circa Del Lago

1560 Circa Del Lago

D

San Marcos, CA 92078

$270,000

Beds

1

Baths

1

Sqft

660

Year Built

1989

Days on Market

26

Property Type

Condo

HOA/mo

$2,554

MLS ID

NDP2602028

Description

OPEN HOUSE SUNDAY 3/29 1 PM - 4 PM. All interior being newly re-painted now! All new flooring done! All new bathroom done! NEW $8,000 HVAC done! This is / will be just like a brand new home! Lake San Marcos All Inclusive Luxury 55+ Living! Short stroll to restaurants, the hotel and the lake! Amenities include full service fine dining, onsite hair and nail salon, membership to The Lodge At Lake San Marcos includes 2 heated pools, tennis, pickleball, paddle ball, billiards and more, private dog park and gardens. Also enjoy the Versailles Library which includes a business center with computers, printers and free internet Wi-Fi. The Bistro Lounge has complimentary coffee, tea and other beverages available all day. Buildings include lounges for meetings, card games and parties. Golf cart parking also available. This is a second floor home end unit with remodeled roll in Carrera marble-look shower, granite counters, all upgraded laminate flooring throughout, a new $8,000 HVAC system, fireplace and window blinds. Large private deck with storage also included. Come enjoy a premier resident owned 55+ Full Service Full Amenities Complex in North County San Diego!

Mortgage Calculator

Est. Monthly Payment

$4,268

Principal & Interest$1,365
Property Tax$270
Insurance$79
HOA$2,554
%($54,000)
%

Investment Score

0D
Est. Monthly Rent
$2,160
Monthly Cashflow

Rent − PITI − HOA

$-2,108
Full Cashflow

Incl. vacancy, PM, maint, capex

$-2,830

Mortgage (P+I)
$1,365
Cap Rate
-6.51%
Cash-on-Cash
-62.89%
DSCR

⚠️ Need ≥ 1.25 for DSCR loan

0.51
Break-even Rent
$5,835

NOI (Annual)
$-17,578
Price-to-Rent

Lower = better for investors

10.4

* 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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