513 Smilax

513 Smilax

D

Vista, CA 92081

$847,900
NEW — 0d on market

Beds

3

Baths

2

Sqft

1,272

Year Built

1955

Days on Market

0

Property Type

Single Family

HOA/mo

N/A

MLS ID

NDP2603265

Description

On a rare occasion ~ a 3 BR, 2 bath single-story home ON acreage becomes available in Vista ~ South of the 78. This 1,250 SqFt home was renovated in 2019 and is now ready to become “Home Sweet Home” to its next owners. 2019 renovations include: completely upgraded kitchen, LVP flooring in main living areas, renovated bathroom, new AC, new dual paned windows and the addition of a bedroom and bath! Tucked onto the front portion of a half-acre lot, this mid-century home has a charming front yard and offers the perfect place to rejuvenate at the end of a long day! The possibilities for multi-generational living with this property are endless. An ADU? A tiny house? A pool? Bring your RV, your speed boat, your oversized work truck – it will all find a space on this well apportioned lot! As we speak ~ this lovely home is one of very few in the 92081 area of Vista, priced under 875k and couple with acreage! BONUS: San Marcos schools (Joli Ann Liechtag Elementary is less than a .25 mile away!)

Mortgage Calculator

Est. Monthly Payment

$5,383

Principal & Interest$4,287
Property Tax$848
Insurance$247
%($169,580)
%

Investment Score

6D
Est. Monthly Rent
$4,221
Monthly Cashflow

Rent − PITIA

$-1,161
Full Cashflow

Incl. vacancy, PM, maint, capex

$-2,839

Mortgage (P+I)
$4,287
Cap Rate
2.05%
Cash-on-Cash
-20.09%
DSCR

⚠️ Need ≥ 1.25 for DSCR loan

0.78
Break-even Rent
$7,908

NOI (Annual)
$17,384
Price-to-Rent

Lower = better for investors

16.7

* 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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