650 Rancho Santa Fe
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650 Rancho Santa Fe #251

A

San Marcos, CA 92078

$412,000
NEW — 2d

Soft Appraisal Value: $400,500 · 2.9% above estimate

Beds

2

Baths

2

Sqft

1,440

Year Built

1976

Days on Market

2

Property Type

Mfd/Mobile Home

HOA/mo

N/A

MLS ID

NDP2603509

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

Virtual Tour

About This Property

A pampered home is waiting for you! This adorable upgraded home in Palomar East is Move-in Ready! NEWER is the key word here, including but not limited to exterior paint, house and shed, new roof, flooring. Front, back stairs, railings and decking have been redone. Drywall and paint interior, upgraded kitchen with new cabinets and granite counters. upgraded bathrooms, replaced plug covers and switches, ceiling fans, dual pane windows. Patio areas landscaped, rubber pavers, and some turf. Great for taking in the great coastal weather and breezes. Huge shed with new roof for storage. Volume beamed ceilings in living room, airy and bright with views to clubhouse and local mountains. Steps away from the clubhouse, with ample guest parking. If you are looking for a home to just move in and enjoy, this is it. The clubhouse event calendar is always full, something for everyone. Enjoy the salt water pool, complete with jacuzzi. Tennis Courts, gym, Pickle Ball, and so close to Lake San Marcos, restaurants and shopping. This charming 2 bedroom 2 bath home has it all, and so neatly put together, a must see!

Mortgage Calculator

Est. Monthly Payment

$2,615

Principal & Interest$2,083
Property Tax$412
Insurance$120
%($82,400)
%

Location

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Investment Score

76A
Est. Monthly Rent
$2,547
Monthly Cashflow

Rent − PITIA

$-68
Full Cashflow

Incl. vacancy, PM, maint, capex

$-997

Mortgage (P+I)
$2,083
Cap Rate
3.16%
Cash-on-Cash
-14.53%
DSCR

Need ≥ 1.25 for DSCR loan

0.97
Break-even Rent
$3,842

NOI (Annual)
$13,030
Price-to-Rent

Lower = better for investors

13.5

* 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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