201 Sarina Ln
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201 Sarina Ln

B

San Marcos, CA 92069

$649,900
NEW — 7d

Beds

2

Baths

2.5

Sqft

1,163

Year Built

2026

Days on Market

7

Property Type

Townhouse

HOA/mo

$350

MLS ID

260015999SD

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

About This Property

MAJOR BUILDER INCENTIVES AVAILABLE FOR JULY...Make this the perfect time to own a brand-new home at Pico Place Homes. Discover one of just 16 thoughtfully designed townhomes in an exclusive community that delivers modern living without the burden of high HOAs or Mello-Roos. This beautifully appointed 2-bedroom, 2.5-bath end-unit residence offers enhanced privacy, an open-concept floor plan, soaring 9-foot ceilings, designer quartz countertops, luxury vinyl plank flooring, and an abundance of natural light throughout. Included solar panels and a comprehensive builder warranty provide energy efficiency and added peace of mind for years to come. Step outside to your private patio and oversized covered balcony, creating the perfect spaces to unwind or entertain, while the spacious 2-car garage offers everyday convenience. Residents enjoy community amenities including a BBQ area, playground, and dog run, all just minutes from the exciting North City district and California State University San Marcos. Combining contemporary finishes, a prime end-unit location, and exceptional value, this home is an outstanding opportunity to own brand-new construction in one of North County's most exciting new communities.

Mortgage Calculator

Est. Monthly Payment

$4,476

Principal & Interest$3,286
Property Tax$650
Insurance$190
HOA$350
%($129,980)
%

Location

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Investment Score

36C
Est. Monthly Rent
$3,104
Monthly Cashflow

Rent − PITIA

$-1,372
Full Cashflow

Incl. vacancy, PM, maint, capex

$-2,628

Mortgage (P+I)
$3,286
Cap Rate
1.22%
Cash-on-Cash
-24.26%
DSCR

Need ≥ 1.25 for DSCR loan

0.69
Break-even Rent
$6,517

NOI (Annual)
$7,903
Price-to-Rent

Lower = better for investors

17.4

* 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.

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