1616 Circa Del Lago

1616 Circa Del Lago #C108

D

San Marcos, CA 92078

$378,000

Soft Appraisal Value: $270,100 · 39.9% above estimate

Beds

2

Baths

1.5

Sqft

962

Year Built

1986

Days on Market

10

Property Type

Condo

HOA/mo

$3,212

MLS ID

NDP2602645

Description

Wake up each morning to peaceful views towards the beautiful courtyard in this first-floor home at Chateau Lake San Marcos. Soft natural lights, updated paint, new safer low-pile carpeting for safer footing, large closets, and in-unit laundry make simple and effortless. The Chateau offers a warm, welcoming environment where it's easy to make friends, join activities, and feel truly connected. The monthly HOA delivers exceptional value by replacing many everyday expenses. Daily chef-prepared meals, bi-weekly housekeeping and linen service, transportation, fitness classes, pool and spa access, concierge support, exterior maintenance, social activities, and beautifully cared-for grounds are all included - such services would often total much more elsewhere. Residents enjoy full access to all Lake San Marcos Community Association clubs, events, and activities. Community amenities include a dog park, a heated year-round lap pool and spa, a large covered patio for gatherings, a library, computer lounge, a fireplace lounge inside the recently remodeled community center, and the option for future support in the all-inclusive Catered Living residential building. With gated security, an active social atmosphere, beautifully kept surroundings, nearby convenience built-in, this home offers a rare opportunity to enjoy comfort today-and confidence for the future. Discover why so many residents love calling The Chateau their home.

Mortgage Calculator

Est. Monthly Payment

$5,612

Principal & Interest$1,911
Property Tax$378
Insurance$110
HOA$3,212
%($75,600)
%

Investment Score

0D
Est. Monthly Rent
$3,024
Monthly Cashflow

Rent − PITI − HOA

$-2,587
Full Cashflow

Incl. vacancy, PM, maint, capex

$-3,598

Mortgage (P+I)
$1,911
Cap Rate
-5.35%
Cash-on-Cash
-57.11%
DSCR

⚠️ Need ≥ 1.25 for DSCR loan

0.54
Break-even Rent
$7,697

NOI (Annual)
$-20,238
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.

Get Expert AnalysisOpen Full Calculator