650 Rancho Santa Fe
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650 Rancho Santa Fe #323

A

San Marcos, CA 92078

$229,000
NEW — 1d

Soft Appraisal Value: $259,400 · 11.7% below estimate

Beds

2

Baths

2

Sqft

1,176

Year Built

1975

Days on Market

1

Property Type

Mfd/Mobile Home

HOA/mo

N/A

MLS ID

ND26113942

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

About This Property

**VIEW**VIEW**VIEW**ENJOY Mountain Views from this Incredible Lot**Pre HUD Home with NO Property Taxes located in a 55+ Rent Controlled Park**Located at the TOP ROW of the Park**2 Bedroom/2 Bathroom**This spacious home offers a Separate Living and Dining Room**NICE Kitchen with easy access to the Laundry Area**Storage Cabinets in Hall**Large Walk-In Closet in the Primary**ENJOY the View from Your Primary Bedroom**Newer Laminate Floors have been installed throughout (carpet in bedroom 1)**There is Central A/C**The Exterior offers an Open Raised Porch to take in the AMAZING VIEWS**This Home is on HCD Registration**Palomar Estates East is a very Active and Social 5* Community**Convenient to shopping, restaurants, Lake San Marcos, two golf courses at Lake San Marcos, another golf course nearby off Twin Oaks, entertainment, lots of parks and trails, the San Marcos Senior Center, and just a short 8 mile drive to Carlsbad Beaches! Monthly space rent is only $619.98 and is Under Rent Control! Hurry, this Home will not LAST!!!!!

Mortgage Calculator

Est. Monthly Payment

$1,454

Principal & Interest$1,158
Property Tax$229
Insurance$67
%($45,800)
%

Location

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Investment Score

82A
Est. Monthly Rent
$1,489
Monthly Cashflow

Rent − PITIA

+$35
Full Cashflow

Incl. vacancy, PM, maint, capex

$-498

Mortgage (P+I)
$1,158
Cap Rate
3.46%
Cash-on-Cash
-13.05%
DSCR

Need ≥ 1.25 for DSCR loan

1.02
Break-even Rent
$2,136

NOI (Annual)
$7,916
Price-to-Rent

Lower = better for investors

12.8

* 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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