803 Kelley Way
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803 Kelley Way

D

San Marcos, CA 92069

$1,199,000
NEW — 0d

Beds

4

Baths

2.5

Sqft

2,067

Year Built

2019

Days on Market

0

Property Type

Single Family

HOA/mo

$150

MLS ID

260009656SD

This property is in San Marcos (92069). View neighborhood stats →

About This Property

Beautiful and rare newer build 4-bedroom home with fully owned solar on a cul-de-sac in one of the most desirable locations in San Marcos! Walking distance to Richland Elementary, Woodland Park Middle School, Mission Hills High School, parks, restaurants, and shops! This home offers amazing privacy, with no neighbors on one side due to the corner lot location adjacent to community open space/bioswale and a high fence enclosing the newly designed private yard, which features manicured grass, an expansive stone paver patio, and mature, producing trees. Step inside to gleaming floors throughout the bright and open living areas. The generous kitchen features handsome wood cabinetry, granite counters, stainless steel appliances, and plenty of storage with a dedicated pantry area, too. Upstairs, you'll find the primary bedroom and the large secondary bedrooms, which all have ceiling fans. Spacious upstairs laundry room and whole house fans too! The primary bedroom features an oversized walk-in closet and an ensuite bath with a glass-enclosed shower and separate vanities with dual sinks, making getting ready in the morning a breeze! Just minutes from fantastic San Marcos Unified schools and the Cal State San Marcos and Palomar College campuses. Easy access to two freeways (15 & 78) lets you get everywhere you need to be, including the beach, shopping, dining, hiking trails, and more. Low HOA dues!

Mortgage Calculator

Est. Monthly Payment

$7,762

Principal & Interest$6,063
Property Tax$1,199
Insurance$350
HOA$150
%($239,800)
%

Location

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Investment Score

5D
Est. Monthly Rent
$4,197
Monthly Cashflow

Rent − PITIA

$-3,565
Full Cashflow

Incl. vacancy, PM, maint, capex

$-5,529

Mortgage (P+I)
$6,063
Cap Rate
0.53%
Cash-on-Cash
-27.67%
DSCR

Need ≥ 1.25 for DSCR loan

0.54
Break-even Rent
$11,378

NOI (Annual)
$6,402
Price-to-Rent

Lower = better for investors

23.8

* 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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