1940 Fairway Circle Dr

1940 Fairway Circle Dr

D

San Marcos, CA 92078

$688,000

Beds

3

Baths

2

Sqft

1,325

Year Built

1975

Days on Market

234

Property Type

Condo

HOA/mo

$525

MLS ID

250028668SD

Description

Beautiful 3-Bedroom Home with Golf Course and Sunset Views This popular one-story home has amazing views of the St. Mark Championship Golf Course and beautiful sunsets. The smart floor plan gives lots of privacy, with the master bedroom on one side and the other two bedrooms on the other side. The large living room has high ceilings, a fireplace, and sliding doors that open to a peaceful balcony—great for relaxing or spending time with friends. There's also a second balcony next to the dining area. The third bedroom can also be used as an office or den, and it has great views too. This home is in the Fairway Knolls community, The outstanding HOA covers premium amenities, including 2,400 cable channels, high-speed Wi-Fi, water, trash service, access to the pool and tennis courts, and termite treatments. Close to restaurants, shopping, highways, and just a short drive to the beach. Don’t miss this great chance!

Mortgage Calculator

Est. Monthly Payment

$4,893

Principal & Interest$3,479
Property Tax$688
Insurance$201
HOA$525
%($137,600)
%

Investment Score

3D
Est. Monthly Rent

Zillow Rent Zestimate

$3,332
Monthly Cashflow
$-2,901

Mortgage (P+I)
$3,479
Cap Rate
1.01%
Cash-on-Cash
-25.30%
DSCR

⚠️ Need ≥ 1.25 for DSCR loan

0.96
Break-even Rent
$5,966

NOI (Annual)
$6,940
Price-to-Rent

Lower = better for investors

17.2

* Defaults: 20% down, 6.5% rate, 30yr.

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