401 Beaker
Ctop 80%San Marcos, CA 92078Neighborhood: Barham/Discovery
An HOA may ban rentals of 30 days or less (Civ. Code §4741): check the CC&Rs.
Pass at asking: -$3,493/mo full cashflow at 20% down, 7.36% rate.
Works at $322,736 (59% under asking), or at 85% down.
Rent $3,777/mo from 14 leases of 2–4 bed condos & townhomes within 1 mi ($3,650–$3,781).
Beds
3
Baths
2.5
Sqft
1,529
Year Built
2026
Days on Market
37
Property Type
Condo
HOA/mo
$442
MLS ID
260021643SD
This property is in San Marcos (92078). View neighborhood stats →
About This Property
This new three-story home features a spacious floorplan with a modern open-concept layout on the second floor, complete with convenient access to a covered deck. On the third floor are three bedrooms, including the lavish owner’s suite. A two-bay garage completes the home. Element is a new collection of attached homes now selling at the master-planned community of The Hill District in San Marcos, CA. Homeowners will enjoy access to great future amenities, such as a recreation center, sparkling swimming pool, parks and trails. It also enjoys a great north county location close to freeways for easy commutes, local shops, eateries and entertainment.
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Est. Monthly Payment
$5,752
Location
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Zoned Schools
Elementary
San Marcos Elementary · grades K-5 · San Marcos Unified
Middle
San Marcos Middle · grades 6-8 · San Marcos Unified
High
Mission Hills High · grades 9-12 · San Marcos Unified
The district's assigned schools for this parcel, from its attendance boundaries and rules. Boundaries change: confirm with the district before you buy.
Comparable Properties
5 comps foundThis Property
$3,777
Comp Average
$3,841
1221 View
3bd / 3ba · 1,501 sqft · Condo
$715K
Est. $3,788/mo
417 Beaker Rd
3bd / 2.5ba · 1,544 sqft · Condo
$780K
Est. $3,893/mo
188 Watt Road
3bd / 3.5ba · 1,504 sqft · Townhouse
$797K
Est. $3,782/mo
2233 Granby Way
3bd / 2.5ba · 1,650 sqft · Condo
$890K
Est. $3,935/mo
1298 Rue Saint Martin
3bd / 2ba · 1,542 sqft · Condo
$920K
Est. $3,806/mo
Comps based on same zip code, similar beds (±1), price range (60-150%).
Investment Score
14 leases of 2–4 bed condos & townhomes within 1 mi · $3,650–$3,781
Blended 50/50 with the zip's market median ($3,822)
Rent − PITIA
Incl. vacancy, PM, maint, capex
What would make this work?
$3,493/mo short at 20% down; 85% down or +$4,537/mo rent closes it.
- Break-even price
- $322,736
- Break-even rent
- $8,314/mo
- Cashflow at 35% down
- −$2,687/mo
- Down payment to break even
- 85%
- Rate to break even
- Not reachable
59% under asking
$4,537/mo above the estimate
$662,915 cash
Negative even at a 0% loan
Need ≥ 1.25 for DSCR loan
Lower = better for investors
* Modelled at 20% down, 7.36% 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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