204 Woodland Pkwy

204 Woodland Pkwy

D

San Marcos, CA 92069

$499,000

Beds

2

Baths

2

Sqft

940

Year Built

1990

Days on Market

125

Property Type

Condo

HOA/mo

$430

MLS ID

NDP2510843

Description

THIS IS A HIDDEN GEM!!! BEAUTIFUL, UPPER LEVEL AND CORNER END UNIT, 2 bed/2 bath home San Marcos. A quick walk across the street to grocery and restaurants. A few minutes drive and you have Costco, Walmart, major shops, movie theaters, tons of restaurants. Palomar College and CSU San Marcos are super close by too. This home has newer dual pane windows, window blinds, ceiling fans, granite counters, crown molding and a full-size washer and dryer (in-unit). Master suite with a private bath and a spacious walk-in closet. Enjoy resort style living in this complex which includes a clubhouse, pools, hot tub, gym room and tennis courts.

Mortgage Calculator

Est. Monthly Payment

$3,598

Principal & Interest$2,523
Property Tax$499
Insurance$146
HOA$430
%($99,800)
%

Investment Score

4D
Est. Monthly Rent
$2,306
Monthly Cashflow

Rent − PITI − HOA

$-1,292
Full Cashflow

Incl. vacancy, PM, maint, capex

$-2,238

Mortgage (P+I)
$2,523
Cap Rate
0.68%
Cash-on-Cash
-15.54%
DSCR

⚠️ Need ≥ 1.25 for DSCR loan

0.64
Break-even Rent
$3,598

NOI (Annual)
$3,417
Price-to-Rent

Lower = better for investors

18.0

* 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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