368 Avenida La Cuesta

368 Avenida La Cuesta

Ctop 80%

San Marcos, CA 92078

$1,199,000
NEW — 0d

Pass at asking: -$5,503/mo full cashflow at 20% down, 7.49% rate.

Works at $485,535 (60% under asking), or at 86% down.

Rent $5,059/mo from 11 leases of 4-bed houses within 2 mi ($4,715–$5,162).

Beds

4

Baths

3

Sqft

2,397

Year Built

2002

Days on Market

0

Property Type

Single Family

HOA/mo

$150

MLS ID

SW26236352

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

About This Property

your DREAM home awaits.. upgraded and MOVE-IN ready.. paid SOLAR.. 4 bedroom / 3 bath / 2397 sf.. located in the gated community of Buenavida.. nestled in north county's most desirable and sought after neighborhood.. this south / west facing home will delight u with sunlight, open floorplan & high ceilings.. gracious entry leads into a large formal dinning room w/ courtyard, chef's kitchen w/large island, ample cabinet space, gas range, stainless steel appliances, coffee area.. spacious family room w/fireplace/wood burning stove & media niche.. upgraded flooring throughout.. new paint, flooring and blinds.. ONE BEDROOM w/full bathroom DOWNSTAIRS.. upstairs primary suite boasts a sleeping and relaxation area.. SPA like bathroom w/dual vanity, walk in shower, free standing TUB and generous walk-in closet.. on this level u will also find an office/sitting area and 2 additional bedrooms.. step outside to a private outdoor space, perfect for entertaining or relaxing.. new landscaping features a producing avocado & tangerine tree.. 2 car garage w/Tesla charger.. conveniently located near top-rated schools, Cal State San Marcos, Coaster station.. minutes to shopping, dinning, hwy 78 & 15. this is a MUST SEE..

Mortgage Calculator

Est. Monthly Payment

$8,399

Principal & Interest$6,700
Property Tax$1,199
Insurance$350
HOA$150
%($239,800)
%
Loan Term

Location

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Investment Score

15C
Est. Monthly Rent
$5,059

11 leases of 4-bed houses within 2 mi · $4,715–$5,162

Blended 50/50 with the zip's market median ($5,136)

Monthly Cashflow

Rent − PITIA

-$3,340
Full Cashflow

Incl. vacancy, PM, maint, capex

-$5,503

What would make this work?

$5,503/mo short at 20% down; 86% down or +$7,147/mo rent closes it.

Break-even price

60% under asking

$485,535
Break-even rent

$7,147/mo above the estimate

$12,206/mo
Cashflow at 35% down
−$4,247/mo
Down payment to break even

$1,031,140 cash

86%
Rate to break even

Negative even at a 0% loan

Not reachable

Mortgage (P+I)
$6,700
Cap Rate
1.45%
Cash-on-Cash
-27.54%
DSCR

Need ≥ 1.25 for DSCR loan

0.60

NOI (Annual)
$17,403
Price-to-Rent

Lower = better for investors

19.8

* Modelled at 20% down, 7.49% rate, 30yr · vacancy 8% · PM 10% · capex 5% · maintenance 1%/yr.

Estimates only. Not financial advice. Verify all figures independently with a licensed professional before making any investment decision.

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CCashflow−$5,503/mo