295 Mission Villas

295 Mission Villas

D

San Marcos, CA 92069

$659,000

Soft Appraisal Value: $655,700 · 0.5% above estimate

Beds

2

Baths

2.5

Sqft

1,105

Year Built

2023

Days on Market

13

Property Type

Condo

HOA/mo

$350

MLS ID

NDP2602126

Description

Gorgeous 3 story 2 bedroom 2 1/2 Bath townhome. Built in 2023 which gives you the opportunity to move into an almost brand new home without the wait. Seller paid over $19,000 in upgrades and an additional $11,000 for the premium location that provides open views from the windows and balcony allowing the home plenty of light and privacy. Enjoy cooking in this open kitchen with island, stainless steel appliances, designer cabinetry and soft closing drawers. The washer & dryer are conveniently located upstairs on the same level as the bedrooms. When your car is not parked in the Direct Access 2 Car Garage you will find that you are only minutes away from the 78 & 15 freeways, Cal State San Marcos, Coffee Houses, The Farmers Market, Kaiser Medical Center, Restaurants, Shopping & everything that makes it great to live in San Marcos!

Mortgage Calculator

Est. Monthly Payment

$4,533

Principal & Interest$3,332
Property Tax$659
Insurance$192
HOA$350
%($131,800)
%

Investment Score

6D
Est. Monthly Rent
$2,973
Monthly Cashflow

Rent − PITI − HOA

$-1,560
Full Cashflow

Incl. vacancy, PM, maint, capex

$-2,793

Mortgage (P+I)
$3,332
Cap Rate
0.98%
Cash-on-Cash
-14.21%
DSCR

⚠️ Need ≥ 1.25 for DSCR loan

0.66
Break-even Rent
$4,533

NOI (Annual)
$6,469
Price-to-Rent

Lower = better for investors

18.5

* 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.

Get Expert AnalysisOpen Full Calculator