1872 Matin Circle
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1872 Matin Circle #204

B

San Marcos, CA 92069

$515,000
NEW — 6d

Soft Appraisal Value: $511,000 · 0.8% above estimate

Beds

2

Baths

2

Sqft

1,001

Year Built

1991

Days on Market

6

Property Type

Condo

HOA/mo

$480

MLS ID

NDP2604728

This property is in San Marcos (92069). View neighborhood stats →

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About This Property

Bright and inviting upstairs 2-bedroom condo featuring a spacious kitchen, open living areas, and a comfortable primary suite. The home offers central A/C, a cozy gas fireplace, and a newer water heater. Included are a one-car garage and an additional assigned parking space for added convenience. Nestled in a quiet, well-kept community, residents enjoy access to a pool and spa area and playground. Ideally located close to freeways, shopping, dining, top-rated schools, and an excellent elementary school, this home combines comfort, convenience in a desirable setting.

Mortgage Calculator

Est. Monthly Payment

$3,749

Principal & Interest$2,604
Property Tax$515
Insurance$150
HOA$480
%($103,000)
%

Location

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Investment Score

45B
Est. Monthly Rent
$2,813
Monthly Cashflow

Rent − PITIA

$-936
Full Cashflow

Incl. vacancy, PM, maint, capex

$-2,012

Mortgage (P+I)
$2,604
Cap Rate
1.38%
Cash-on-Cash
-23.44%
DSCR

Need ≥ 1.25 for DSCR loan

0.75
Break-even Rent
$5,426

NOI (Annual)
$7,102
Price-to-Rent

Lower = better for investors

15.3

* 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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