650 Rancho Santa Fe Road #105
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650 Rancho Santa Fe Road #105

Atop 10%

San Marcos, CA 92078Neighborhood: Business/Industrial District

$260,000

Works at asking: +$30/mo full cashflow at 20% down, 7.49% rate.

Still breaks even up to $263,840 (1% above asking).

Rent $2,643/mo: zip market median for this bed count.

Beds

2

Baths

2

Sqft

1,440

Year Built

1976

Days on Market

94

Property Type

Mfd/Mobile Home

HOA/mo

N/A

MLS ID

NDP2607197

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

Virtual Tour

About This Property

Discover effortless living in the exceptional Palomar East residence. Perfectly situated on a cul-de-sac, unit 105 (on Fig street), this 2-bedroom 2-bathroom home offers a seamless transition for anyone looking to downsize. Thoughtfully updated, the interior boasts newer Milguard windows, Plantation shutters, fresh new carpeting, contemporary lighting paired with dimmer switches, scraped vaulted beam ceiling & fresh paint. Climate control is optimized by a newer HVAC system. Premium inclusions boast a washer, dryer and Bose TV surround sound system. Positioned with no rear neighbors, the property ensures a relaxing retreat complimented by a newer detached shed for all your storage needs! The sought after park amenities include Pool, spa, newly remodeled Club house, tennis, pickle ball, exercise room, billiard tables, dog park, laundry, car wash, community garden, social club and activities!

Mortgage Calculator

Est. Monthly Payment

$1,789

Principal & Interest$1,453
Property Tax$260
Insurance$76
%($52,000)
%
Loan Term

Location

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Zoned Schools

  • Elementary

    La Mirada Academy · grades K-8 · San Marcos Unified

  • Middle

    La Mirada Academy · grades K-8 · San Marcos Unified

  • High

    San Marcos 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.

Short-term not available here. San Marcos does not allow short-term rentals in residential zones. See the rules

Investment Score

95A
Est. Monthly Rent
$2,643

Zip market median for this bed count

Thin data: no closed leases like this one nearby.

Monthly Cashflow

Rent − PITIA

+$854
Full Cashflow

Incl. vacancy, PM, maint, capex

+$30

What would make this work?

Cashflows +$30/mo at 20% down with every reserve funded.

Break-even price

1% above asking

$263,840
Break-even rent

Estimated rent already clears it

$2,605/mo
Cashflow at 35% down
+$302/mo
Down payment to break even

$52,000 cash

20%
Rate to break even

at 20% down

7.70%

Mortgage (P+I)
$1,453
Cap Rate
7.45%
Cash-on-Cash
0.68%
DSCR
1.48

NOI (Annual)
$19,375
Price-to-Rent

Lower = better for investors

8.2

* 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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ACashflow+$30/mo