2212 Laramie Way
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2212 Laramie Way

C

San Marcos, CA 92078

$899,000

Soft Appraisal Value: $888,400 · 1.2% above estimate

Beds

3

Baths

2.5

Sqft

1,650

Year Built

2013

Days on Market

9

Property Type

Townhouse

HOA/mo

$411

MLS ID

NDP2605807

This property is in San Marcos (92078). View neighborhood stats →

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About This Property

Rare opportunity to own a beautiful 2-story townhome in the highly sought-after community of Laurel in Old Creek Ranch. With an abundance of natural light, this open-concept home is great for entertaining. The natural flow from the large island with bar seating to the dining room and private fully-fenced patio area makes this live much larger than it appears. Enjoy the freezing winter temperatures in the high 50’s with your cozy fireplace! Kitchen does come with a new refrigerator and dishwasher. The attached 2 car garage features an epoxy floor with ample storage above. The HOA offers a beautiful pool/spa, BBQ area, cozy fire pit, and a playground. Located in the award winning San Marcos Unified School District. An abundance of scenic hiking and biking trails nearby. And best of all, this home is centrally located, making it have easy access to all directions life may pull a growing family.

Mortgage Calculator

Est. Monthly Payment

$6,118

Principal & Interest$4,546
Property Tax$899
Insurance$262
HOA$411
%($179,800)
%

Location

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Investment Score

24D
Est. Monthly Rent
$4,114
Monthly Cashflow

Rent − PITIA

$-2,004
Full Cashflow

Incl. vacancy, PM, maint, capex

$-3,699

Mortgage (P+I)
$4,546
Cap Rate
1.13%
Cash-on-Cash
-24.69%
DSCR

Need ≥ 1.25 for DSCR loan

0.67
Break-even Rent
$8,918

NOI (Annual)
$10,159
Price-to-Rent

Lower = better for investors

18.2

* 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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