1605 Waterlily
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1605 Waterlily

C

San Marcos, CA 92078

$680,000
NEW — 1d

Beds

2

Baths

2.5

Sqft

1,091

Year Built

2014

Days on Market

1

Property Type

Townhouse

HOA/mo

$317

MLS ID

260010407SD

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

About This Property

End unit + privacy + location—this one checks all the boxes. This beautifully updated 2-bedroom, 2.5-bath home features brand new interior paint, new carpet and stylish new vinyl flooring making it completely move-in ready. Enjoy the added benefit of a 2-car tandem garage for extra storage and convenience plus washer, dryer and fridge convey. Ideally situated within walking distance to Lake San Marcos and the golf course, you’ll enjoy a lifestyle of convenience, recreation, and scenic surroundings. With easy access to major freeways, commuting to San Diego is simple and efficient. Whether you’re looking for a primary residence or a low-maintenance retreat this home offers comfort, location, and value all in one.

Mortgage Calculator

Est. Monthly Payment

$4,634

Principal & Interest$3,438
Property Tax$680
Insurance$198
HOA$317
%($136,000)
%

Location

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Investment Score

33C
Est. Monthly Rent
$3,113
Monthly Cashflow

Rent − PITIA

$-1,520
Full Cashflow

Incl. vacancy, PM, maint, capex

$-2,803

Mortgage (P+I)
$3,438
Cap Rate
1.12%
Cash-on-Cash
-24.73%
DSCR

Need ≥ 1.25 for DSCR loan

0.67
Break-even Rent
$6,753

NOI (Annual)
$7,624
Price-to-Rent

Lower = better for investors

18.2

* 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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