204 Pkwy
1 / 8

204 Pkwy #117

A

San Marcos, CA 92069

$479,500

Beds

2

Baths

2

Sqft

940

Year Built

1990

Days on Market

10

Property Type

Condo

HOA/mo

$430

MLS ID

260014771SD

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

About This Property

Absolutely beautiful 2 Bedroom 2 Bath first-floor condo is located at the heart of San Marcos. The property has been recently updated and features granite counter tops, luxurious bathrooms, laminated wood floor, new premium vinyl floor in the bedrooms, new lighting fixtures, and new custom paint throughout... Resort-style living with clubhouses, swimming pools, gym, and tennis court. Close to shopping , restaurants, schools, and public transportation/Sprinter. Perfect for first time buyers, young professionals, and investors. Seller Financing maybe available for qualified buyers (terms are negotiable). Buyers and/or buyers' agent to verify all info before COE.

Mortgage Calculator

Est. Monthly Payment

$3,474

Principal & Interest$2,425
Property Tax$480
Insurance$140
HOA$430
%($95,900)
%

Location

Loading map...

Investment Score

54B
Est. Monthly Rent
$2,842
Monthly Cashflow

Rent − PITIA

$-632
Full Cashflow

Incl. vacancy, PM, maint, capex

$-1,685

Mortgage (P+I)
$2,425
Cap Rate
1.85%
Cash-on-Cash
-21.09%
DSCR

Need ≥ 1.25 for DSCR loan

0.82
Break-even Rent
$5,031

NOI (Annual)
$8,871
Price-to-Rent

Lower = better for investors

14.1

* 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.

Get Expert AnalysisOpen Full Calculator