838 Loganberry Court

838 Loganberry Court

Btop 30%

San Marcos, CA 92069

$739,000
NEW — 1d

Pass at asking: -$3,057/mo full cashflow at 20% down, 7.43% rate.

Works at $341,140 (54% under asking), or at 80% down.

Rent $3,480/mo from 11 leases of 3-bed houses in 92069 ($2,827–$3,160).

Beds

3

Baths

2

Sqft

1,029

Year Built

1982

Days on Market

1

Property Type

Single Family

HOA/mo

$60

MLS ID

SW26240163

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

About This Property

CHARM, STYLE & A FRESH START! Beautifully remodeled 3 bed, 2 bath SINGLE-STORY home tucked away on a quiet San Marcos cul-de-sac. Light & bright with an inviting layout and gorgeous new kitchen featuring stylish cabinetry, Quartz counters and fresh, modern finishes. Both bathrooms beautifully redesigned for a clean, updated feel. New roof, windows, sliders, flooring, lighting, doors, cabinetry, plumbing updates and more. All the hard work has been done! Enjoy the comfort and privacy of a detached home with your own backyard--room to entertain, garden, relax or create your own peaceful retreat. Attached garage & central air conditioning. Convenient to schools, shopping and everyday essentials. So much to love, inside & out. TOTALLY MOVE-IN READY!

Mortgage Calculator

Est. Monthly Payment

$5,120

Principal & Interest$4,105
Property Tax$739
Insurance$216
HOA$60
%($147,800)
%
Loan Term

Investment Score

39B
Est. Monthly Rent
$3,480

11 leases of 3-bed houses in 92069 · $2,827–$3,160

Blended 50/50 with the zip's market median ($4,058)

Monthly Cashflow

Rent − PITIA

-$1,640
Full Cashflow

Incl. vacancy, PM, maint, capex

-$3,057

What would make this work?

$3,057/mo short at 20% down; 80% down or +$3,970/mo rent closes it.

Break-even price

54% under asking

$341,140
Break-even rent

$3,970/mo above the estimate

$7,450/mo
Cashflow at 35% down
−$2,287/mo
Down payment to break even

$591,200 cash

80%
Rate to break even

Negative even at a 0% loan

Not reachable

Mortgage (P+I)
$4,105
Cap Rate
1.99%
Cash-on-Cash
-24.82%
DSCR

Need ≥ 1.25 for DSCR loan

0.68

NOI (Annual)
$14,673
Price-to-Rent

Lower = better for investors

17.7

* Modelled at 20% down, 7.43% 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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BCashflow−$3,057/mo