712 Lupine Drive

712 Lupine Drive

D

San Marcos, CA 92078

$1,190,000
NEW — 2d on market

Beds

4

Baths

2.5

Sqft

1,746

Year Built

1996

Days on Market

2

Property Type

Single Family

HOA/mo

N/A

MLS ID

TR26065409

View on MLS

Description

The perfect location! Close to grocery stores, restaurants, schools, hospitals, hiking trails, lakes and so many parks. The house sits on a quiet corner with lots of available parking. The backyard has a relaxing gazebo under a huge shade tree surrounded by multiple fruit trees. A second story balcony off the primary bedroom features city views with the local hills as a backdrop. A first floor bedroom/ office/ media room is currently outfitted with a built-in loft bed. The second floor features two secondary bedrooms and a primary suite with a retreat, walk-in closet, curbless shower and soaking tub. The roof was redone in 2023 and features 9.25 Kilowatts of OWNED SOLAR that is grandfathered into NEM 2.0 for future owners. This huge solar setup makes more electricity than the house uses. New Tankless water heater in 2023 and new AC unit in 2022. No HOA or Mello/Roos.

Mortgage Calculator

Est. Monthly Payment

$7,554

Principal & Interest$6,017
Property Tax$1,190
Insurance$347
%($238,000)
%

Investment Score

3D
Est. Monthly Rent
$4,780
Monthly Cashflow

Rent − PITI − HOA

$-2,774
Full Cashflow

Incl. vacancy, PM, maint, capex

$-4,865

Mortgage (P+I)
$6,017
Cap Rate
1.16%
Cash-on-Cash
-24.53%
DSCR

⚠️ Need ≥ 1.25 for DSCR loan

0.63
Break-even Rent
$11,099

NOI (Annual)
$13,823
Price-to-Rent

Lower = better for investors

20.7

* 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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