718 Sycamore #149
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718 Sycamore #149

Atop 10%

Vista, CA 92083

$85,000

Works at asking: +$963/mo full cashflow at 20% down, 7.36% rate.

Still breaks even up to $210,920 (148% above asking).

Rent $2,094/mo: zip market median for this bed count.

Beds

2

Baths

2

Sqft

1,200

Year Built

1969

Days on Market

121

Property Type

Mfd/Mobile Home

HOA/mo

N/A

MLS ID

ND26153665

This property is in Vista (92083). Browse neighborhood analytics →

About This Property

Filled with natural light and thoughtfully updated, this spacious 1,200 sq. ft. home offers comfortable living in a desirable 55+/35+ senior community, conveniently located near shopping, restaurants, medical facilities, and easy access to Hwy. 78.The open living area provides plenty of space to relax or entertain, while the generously sized primary suite features a private bath, separate vanity area, and a large walk-in closet. Two bedrooms and two full baths create a functional layout that's easy to enjoy.Step outside to a backyard that's ready to be enjoyed, complete with five mature fruit trees—three orange, one tangerine, and one lemon—and room for gardening, outdoor dining, or simply soaking up the California sunshine. A tandem carport and storage shed add everyday convenience.This home has been well cared for over the years, with major improvements including leveling in 2017, roof sealing in 2018, exterior paint in 2020, new flooring throughout, and updated showers in 2023. Additional upgrades include newer kitchen appliances, several dual-pane windows, and updated electrical outlets, switches, GFCI outlets, breakers, and breaker panel.Residents enjoy a variety of community amenities, including a pool, spa, clubhouse with a full kitchen, shuffleboard, and billiards. Pets are welcome with park restrictions. Park approval is required.If you've been looking for a move-in ready home with meaningful updates, outdoor space, and a convenient location, this one is well worth a look.

Mortgage Calculator

Est. Monthly Payment

$579

Principal & Interest$469
Property Tax$85
Insurance$25
%($17,000)
%
Loan Term

Location

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Zoned Schools

  • Elementary

    Joli Ann Leichtag Elementary · grades K-5 · San Marcos Unified

  • Middle

    San Marcos Middle · grades 6-8 · 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.

Investment Score

100A
Est. Monthly Rent
$2,094

Zip market median for this bed count

Thin data: no closed leases like this one nearby.

Monthly Cashflow

Rent − PITIA

+$1,515
Full Cashflow

Incl. vacancy, PM, maint, capex

+$963

What would make this work?

Cashflows +$963/mo at 20% down with every reserve funded.

Break-even price

148% above asking

$210,920
Break-even rent

Estimated rent already clears it

$844/mo
Cashflow at 35% down
+$1,051/mo
Down payment to break even

$0 cash

0%
Rate to break even

at 20% down

25.25%

Mortgage (P+I)
$469
Cap Rate
21.69%
Cash-on-Cash
67.95%
DSCR
3.62

NOI (Annual)
$18,435
Price-to-Rent

Lower = better for investors

3.4

* Modelled at 20% down, 7.36% 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+$963/mo