2284 Durango Way
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2284 Durango Way #200

D

San Marcos, CA 92078

$895,000

Soft Appraisal Value: $881,000 · 1.6% above estimate

Beds

3

Baths

2.5

Sqft

1,650

Year Built

2011

Days on Market

108

Property Type

Condo

HOA/mo

$411

MLS ID

NDP2600917

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

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About This Property

REDUCED to Sell ASAP!!!Welcome to this Gorgeous home ideally located on the edge of San Marcos and Carlsbad in the Old Creek Ranch Community. Light and bright floor plan with three bedrooms and two and a half bath TWO STORY home. Excellent natural light throughout! Newer kitchen counter tops along with custom touches, including custom pantry. Private laundry room with sink and window for even more natural light. Generous size half bath on the ground floor. Private/fenced yard that is easy to maintain. Attached two car garage with direct access to the home. Community pool /spa/ BBQ area are a quick stroll away for the ultimate convenience. Close to local parks, award winning schools, hospitals, shopping, colleges, library, trails, restaurants and our local BEACHES! Move in Ready! Come see this home in person!!!

Mortgage Calculator

Est. Monthly Payment

$6,093

Principal & Interest$4,526
Property Tax$895
Insurance$261
HOA$411
%($179,000)
%

Location

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Investment Score

21D
Est. Monthly Rent
$3,931
Monthly Cashflow

Rent − PITIA

$-2,162
Full Cashflow

Incl. vacancy, PM, maint, capex

$-3,812

Mortgage (P+I)
$4,526
Cap Rate
0.96%
Cash-on-Cash
-25.55%
DSCR

Need ≥ 1.25 for DSCR loan

0.65
Break-even Rent
$8,881

NOI (Annual)
$8,568
Price-to-Rent

Lower = better for investors

19.0

* 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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