1866 Matin Cir

1866 Matin Cir #111

D

San Marcos, CA 92069

$888,000
NEW — 4d on market

Soft Appraisal Value: $876,300 · 1.3% above estimate

Beds

3

Baths

2.5

Sqft

1,750

Year Built

1991

Days on Market

4

Property Type

Townhouse

HOA/mo

$479.73

MLS ID

260007041SD

Description

A RARE FIND BACK ON THE MARKET! Previously Designer-Owned: TURNKEY 3BD/2.5BA + Loft showcasing over $125,000 in custom upgrades. Features a stunning 2-story stone fireplace, a matching outdoor zen fountain, and rich hardwood floors throughout. CHEF’S KITCHEN: Beautiful granite countertops, a stainless steel appliance suite, reverse osmosis filtration, and an expansive pantry. GARAGE UPGRADES: Epoxy flooring, a custom overhead storage loft & laundry room storage system, and a convenient screen door to allow for airflow. SYSTEMS: Newer HVAC system (2020, a $15k value), closet organization systems in all bedrooms + attic storage. HOA VALUE: Roof, exterior paint, professional landscaping, pool & spa + your water, sewer, and trash bills. LOCATION: Prime San Marcos spot, just minutes from top-rated Knob Hill Elementary, Cal State San Marcos, restaurants + shopping.

Mortgage Calculator

Est. Monthly Payment

$6,117

Principal & Interest$4,490
Property Tax$888
Insurance$259
HOA$480
%($177,600)
%

Investment Score

3D
Est. Monthly Rent
$3,882
Monthly Cashflow

Rent − PITI − HOA

$-2,235
Full Cashflow

Incl. vacancy, PM, maint, capex

$-3,868

Mortgage (P+I)
$4,490
Cap Rate
0.84%
Cash-on-Cash
-26.13%
DSCR

⚠️ Need ≥ 1.25 for DSCR loan

0.63
Break-even Rent
$8,905

NOI (Annual)
$7,469
Price-to-Rent

Lower = better for investors

19.1

* 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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