1562 Hermosita Drive
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1562 Hermosita Drive

C

San Marcos, CA 92078

$1,195,000

Soft Appraisal Value: $1,166,600 · 2.4% above estimate

Beds

2

Baths

2

Sqft

1,906

Year Built

1990

Days on Market

8

Property Type

Single Family

HOA/mo

$242

MLS ID

NDP2605960

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

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About This Property

Beautiful single-level view home located on a premium lot overlooking the scenic Executive at Lakehouse Golf Course in the desirable Fairways at Lake San Marcos. Enjoy the light filled spacious open floorplan of this popular Brighton model with 2 bedrooms, plus a bonus room perfect for a guest, office, craft or work out room. This thoughtfully-designed home includes high ceilings, a gas fireplace, an airy atrium, a 2-car garage and an inviting patio area with panoramic views of the 11th fairway to appreciate morning coffee, relaxing or entertaining with friends and family. The large primary suite has been wonderfully remodeled with a bath that includes a soaking tub, zero edge walk-in shower, radiant heat flooring and dual vanities. Tucked away from busy roads, the beloved Fairways community amenities include a heated pool, spa, meeting room, 24-hour security patrol and beautifully maintained landscaping. For a small additional fee, residents may also join the Lake San Marcos community to enjoy even more amenities, including another pool and spa, tennis and pickleball courts, a clubhouse, various social gatherings and a variety of fun lake activities, boating, kayaking, fishing and paddle boarding. Plus, fan favorite restaurants in the community like the Amalfi where you can book a fun gondola ride, or join the Links at Lakehouse Golf Club with its championship course and wonderful Brickman's restaurant. Lake San Marcos is conveniently located near shopping, dining, hiking trails and great schools and this home offers an ideal combination of tranquil living, comfort, beauty and easily accessible community amenities. Don’t miss this opportunity to live in a lovely view home with a wonderful lifestyle to match.

Mortgage Calculator

Est. Monthly Payment

$7,828

Principal & Interest$6,043
Property Tax$1,195
Insurance$349
HOA$242
%($239,000)
%

Location

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Investment Score

23D
Est. Monthly Rent
$5,669
Monthly Cashflow

Rent − PITIA

$-2,160
Full Cashflow

Incl. vacancy, PM, maint, capex

$-4,459

Mortgage (P+I)
$6,043
Cap Rate
1.59%
Cash-on-Cash
-22.39%
DSCR

Need ≥ 1.25 for DSCR loan

0.72
Break-even Rent
$11,460

NOI (Annual)
$19,000
Price-to-Rent

Lower = better for investors

17.6

* 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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