650 S Rancho Santa Fe Rd
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650 S Rancho Santa Fe Rd #298

A

San Marcos, CA 92078

$350,000
NEW — 2d

Soft Appraisal Value: $344,400 · 1.6% 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

NDP2602466

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

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About This Property

Wonderful turnkey double wide manufactured home waiting for its new owner. Located in the highly sought after Palomar Estates East Park, this active55+ resort is located just minutes from San Diego beaches and features a clubhouse, pool and spa, dog park and offers an excellent communityfeeling. This 1440 sq ft home features stunning new luxury vinyl plank flooring throughout, fresh white paint throughout, and stylish new fixtures thatelevate every room. The kitchen cabinets have been painted with new hardware. The bathrooms have been refreshed with refurbished showers andtub, offering a clean contemporary feel. Move in ready and full of charm. All measurements are approximate. Motivated seller!

Mortgage Calculator

Est. Monthly Payment

$2,222

Principal & Interest$1,770
Property Tax$350
Insurance$102
%($70,000)
%

Location

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Investment Score

79A
Est. Monthly Rent
$2,275
Monthly Cashflow

Rent − PITIA

+$53
Full Cashflow

Incl. vacancy, PM, maint, capex

$-762

Mortgage (P+I)
$1,770
Cap Rate
3.46%
Cash-on-Cash
-13.06%
DSCR

Need ≥ 1.25 for DSCR loan

1.02
Break-even Rent
$3,264

NOI (Annual)
$12,097
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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