2188 Cosmo Way

2188 Cosmo Way

D

San Marcos, CA 92078

$689,900
NEW — 1d on market

Beds

2

Baths

2.5

Sqft

1,158

Year Built

2012

Days on Market

1

Property Type

Townhouse

HOA/mo

$303

MLS ID

260004051SD

Description

Located in one of the most desirable communities of San Marcos near San Elijo Hills, this elevated 2-bedroom with optional office, 2-bath luxury townhome offers 1,158 square feet of modern design and functionality. Built in 2012, this move-in-ready residence showcases wide-plank luxury vinyl flooring, recessed lighting throughout, and a seamless open-concept layout ideal for entertaining. The large kitchen features rich shaker cabinetry, a designer tile backsplash, stainless steel appliances, and an oversized white quartz island that anchors the space with clean architectural lines. Freshly painted and featuring dual-pane windows, this bright unit invites in natural light while maintaining energy efficiency. A versatile flex room functions beautifully as a home office, creative studio, children’s play area, or optional third bedroom space, meeting today’s remote work and hybrid lifestyle needs. The private balcony extends your living space outdoors and offers an open view, perfect for morning coffee or evening attach two-car garage includes a built-in electric vehicle charger and plenty of room for storage. With HOA dues of $303 per month, residents enjoy access to resort-style amenities including a sparkling community pool, firepit lounge, and BBQ gathering areas that elevate everyday living and provide inviting spaces to gather with friends and neighbors. Situated near award-winning SMUSD schools, scenic parks, hiking trails, and convenient access to the shops and dining of San Elijo Hills Town Center, this location offers the ideal balance of tranquility

Mortgage Calculator

Est. Monthly Payment

$4,683

Principal & Interest$3,489
Property Tax$690
Insurance$201
HOA$303
%($137,980)
%

Investment Score

4D
Est. Monthly Rent

HUD Fair Market Rent

$3,240
Monthly Cashflow
$-2,763

Mortgage (P+I)
$3,489
Cap Rate
1.26%
Cash-on-Cash
-24.03%
DSCR

⚠️ Need ≥ 1.25 for DSCR loan

0.93
Break-even Rent
$5,743

NOI (Annual)
$8,712
Price-to-Rent

Lower = better for investors

17.7

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

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