273 Richland
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273 Richland

C

San Marcos, CA 92069

$675,000
NEW — 2d

Beds

3

Baths

2.5

Sqft

1,419

Year Built

2007

Days on Market

2

Property Type

Condo

HOA/mo

$455

MLS ID

SW26090319

This property is in San Marcos (92069). View neighborhood stats →

About This Property

Move-in ready, this bright and upgraded two-story townhome offers a functional layout filled with natural light and seamless living spaces. The main level features an open-concept living and dining area with large windows. The first floor has luxury vinyl planking throughout, a laundry room and upgraded half bathroom. The kitchen includes upgraded granite countertops, Beechwood cabinetry and stainless steel appliances. Enjoy direct access to the private patio with a Gazebo included - perfect for hosting. The garage is attached with additional guest and street parking.Upstairs includes three spacious bedrooms including a primary suite with dual sinks, large closet space and a balcony. Enjoy two upgraded full bathrooms upstairs. Recessed lighting and windows throughout enhance the airy feel of the home.Located in a well-maintained community of 10 residences, this property offers convenience. Ideally situated near shopping, dining, and everyday essentials, with multiple schools within close proximity including Richland Elementary and Mission Hills High School just minutes away. Easy access to Highway 15 & 78, Costco, Palomar College, Kaiser, Palomar Medical Center and CSUSM.

Mortgage Calculator

Est. Monthly Payment

$4,740

Principal & Interest$3,413
Property Tax$675
Insurance$197
HOA$455
%($135,000)
%

Location

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Investment Score

33C
Est. Monthly Rent
$3,256
Monthly Cashflow

Rent − PITIA

$-1,484
Full Cashflow

Incl. vacancy, PM, maint, capex

$-2,796

Mortgage (P+I)
$3,413
Cap Rate
1.10%
Cash-on-Cash
-24.85%
DSCR

Need ≥ 1.25 for DSCR loan

0.69
Break-even Rent
$6,887

NOI (Annual)
$7,411
Price-to-Rent

Lower = better for investors

17.3

* 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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