2241 Indus Way

2241 Indus Way

D

San Marcos, CA 92078

$558,388

Beds

2

Baths

2.5

Sqft

1,158

Year Built

2018

Days on Market

47

Property Type

Townhouse

HOA/mo

$277

MLS ID

PTP2600095

Description

Affordable Housing Unit, Qualifications attached in the link below. Welcome to 2241 Indus Way a stunning tri-level townhome in the highly sought-after Solaire community of San Marcos. This modern 3-bedroom, 2.5-bath residence boasts an open-concept living area, premium laminate flooring, and a chef’s kitchen complete with granite countertops, a spacious island, and stainless steel appliances. Natural light floods the home through large windows and a private balcony, perfect for relaxing or entertaining. All bedrooms are conveniently located on the top floor, with a large primary suite featuring a walk-in closet and dual vanities. Enjoy resort-style amenities including a community pool, spa, BBQ area, and playground. Located within the award-winning San Marcos Unified School District and close to trails, parks, shopping, Cal State San Marcos, and freeways. This property sits on a 55-year land lease with little to no fees. The City of San Marcos a rare opportunity combining affordability and lifestyle. Don't miss this turn-key home! https://drive.google.com/drive/folders/1BlNUQxrsPIeG4D4glrnQFiqTz3B8dyIR

Mortgage Calculator

Est. Monthly Payment

$3,822

Principal & Interest$2,824
Property Tax$558
Insurance$163
HOA$277
%($111,678)
%

Investment Score

8D
Est. Monthly Rent

Zillow Rent Zestimate

$3,305
Monthly Cashflow
$-1,742

Mortgage (P+I)
$2,824
Cap Rate
2.32%
Cash-on-Cash
-18.72%
DSCR

⚠️ Need ≥ 1.25 for DSCR loan

1.17
Break-even Rent
$4,783

NOI (Annual)
$12,974
Price-to-Rent

Lower = better for investors

14.1

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

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