410 San Marcos Boulevard
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410 San Marcos Boulevard #120

C

San Marcos, CA 92069

$725,000
NEW — 4d

Soft Appraisal Value: $800,400 · 9.4% below estimate

Beds

3

Baths

2.5

Sqft

1,482

Year Built

1993

Days on Market

4

Property Type

Condo

HOA/mo

$473

MLS ID

NDP2605353

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

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About This Property

Welcome to Paradise!! Villa Aspara is a beautifully landscaped, gated community in the heart of San Marcos that offers the best of both worlds: Convenient location just minutes from shopping, schools, and the freeway while maintaining a tranquil and quiet atmosphere inside the community walls. The home itself offers 3 bedrooms and 2 full bathrooms with over 1,480 square feet of total living area. The kitchen opens to a dining room and family room with wood flooring and access to the patio. The two car garage is attached and offers plenty of storage not available in many similar condos. Upstairs is the primary suite along with the two additional bedrooms and the guest bathroom. The primary has an over-sized closet and a balcony over the garage. The kitchen and bathrooms wer remodeled within the past five years with granite countertops, white cabinetry, and stainless steel appliances. The community offers a well maintain pool & spa, small green belt and park area for pets, as well as the security of a gated entry. *Photos taken prior to current tenants approx 2019*

Mortgage Calculator

Est. Monthly Payment

$5,075

Principal & Interest$3,666
Property Tax$725
Insurance$211
HOA$473
%($145,000)
%

Location

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Investment Score

44C
Est. Monthly Rent
$4,021
Monthly Cashflow

Rent − PITIA

$-1,054
Full Cashflow

Incl. vacancy, PM, maint, capex

$-2,583

Mortgage (P+I)
$3,666
Cap Rate
1.79%
Cash-on-Cash
-21.38%
DSCR

Need ≥ 1.25 for DSCR loan

0.79
Break-even Rent
$7,376

NOI (Annual)
$12,996
Price-to-Rent

Lower = better for investors

15.0

* 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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