
2203 Indus Way
Ctop 80%San Marcos, CA 92078Neighborhood: Questhaven/La Costa Meadows
Pass at asking: -$3,081/mo full cashflow at 20% down, 7.43% rate.
Works at $297,788 (57% under asking), or at 84% down.
Rent $3,364/mo from 17 leases of 2-bed condos & townhomes within 2 mi ($3,203–$3,391).
Beds
2
Baths
2.5
Sqft
1,158
Year Built
2013
Days on Market
94
Property Type
Townhouse
HOA/mo
$303
MLS ID
PTP2606030
This property is in San Marcos (92078). View neighborhood stats →
About This Property
Offering the best location in Solaire, this beautifully updated townhome features a rare ground-level patio perfectly placed to enjoy the community's only serene courtyard. Its placement in a unique 5-unit building not only means fewer shared walls, but it also retains the benefit of a second story balcony while gaining valuable natural light for both sides of your main living area as well as in the garage. You'll quickly notice the roughly $70K recent remodel, featuring modern flooring throughout with contrasting stair risers, updated light fixtures, and a kitchen with stunning white cabinetry and backsplash, stainless appliances, quartz counters, and a gorgeously accented island with bar seating. The main floor's open floor plan includes a sizeable living room, a separate office area, a half bath, and a stacked washer & dryer. Upstairs features the primary suite with a contemporary dual vanity, a walk-in closet, and a private toilet room, along with your second bedroom and bathroom. The spacious two-car garage includes overhead storage and windows to allow natural light inside. To complete this package deal, Solaire's pool, spa, and bbq areas are calling your name!
Mortgage Calculator
Est. Monthly Payment
$5,088
Location
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Zoned Schools
Elementary
Carrillo Elementary · grades K-5 · San Marcos Unified
Middle
San Elijo Middle · grades 6-8 · San Marcos Unified
High
San Marcos High · grades 9-12 · San Marcos Unified
The district's assigned schools for this parcel, from its attendance boundaries and rules. Boundaries change: confirm with the district before you buy.
Comparable Properties
5 comps foundThis Property
$3,364
Comp Average
$3,364
170 Diamante Rd
2bd / 2.5ba · 1,229 sqft · Townhouse
$659K
Est. $3,333/mo
895 Slate Street
2bd / 2.5ba · 1,305 sqft · Townhouse
$669K
Est. $3,410/mo
2118 Cosmo Way
2bd / 2.5ba · 1,158 sqft · Townhouse
$692K
Est. $3,364/mo
2230 Indus Way
2bd / 2.5ba · 1,158 sqft · Condo
$695K
Est. $3,325/mo
287 Trilogy Street
2bd / 2.5ba · 1,279 sqft · Townhouse
$729K
Est. $3,387/mo
Comps based on same zip code, similar beds (±1), price range (60-150%).
Short-term not available here. San Marcos does not allow short-term rentals in residential zones. See the rules
Investment Score
17 leases of 2-bed condos & townhomes within 2 mi · $3,203–$3,391
Blended 50/50 with a property-level estimate
Rent − PITIA
Incl. vacancy, PM, maint, capex
What would make this work?
$3,081/mo short at 20% down; 84% down or +$4,001/mo rent closes it.
- Break-even price
- $297,788
- Break-even rent
- $7,365/mo
- Cashflow at 35% down
- −$2,353/mo
- Down payment to break even
- 84%
- Rate to break even
- Not reachable
57% under asking
$4,001/mo above the estimate
$587,066 cash
Negative even at a 0% loan
Need ≥ 1.25 for DSCR loan
Lower = better for investors
* Modelled at 20% down, 7.43% rate, 30yr · vacancy 8% · PM 10% · capex 5% · maintenance 1%/yr.
Estimates only. Not financial advice. Verify all figures independently with a licensed professional before making any investment decision.
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