912 Slate St

912 Slate St

D

San Marcos, CA 92078

$865,000

Beds

3

Baths

2.5

Sqft

1,549

Year Built

2020

Days on Market

9

Property Type

Townhouse

HOA/mo

$287

MLS ID

260003301SD

Description

Beautifully appointed Latitude townhome in the prestigious gated community of Rancho Tesoro! Showcasing sleek finishes and a thoughtfully designed open floor plan, this beautiful 3-bedroom, 2 1/2-bath residence embodies the best of Southern California living. A charming patio entry welcomes you into the home, leading upstairs to a bright and airy main living level where the open-concept design seamlessly connects the kitchen and living areas. The contemporary kitchen serves as the heart of the home, featuring quartz countertops, subway tile backsplash, and newer stainless steel appliances. The light-filled living room offers the perfect setting for both relaxed everyday living and stylish entertaining, complete with a spacious private balcony. All bedrooms feature custom roller shades and designer light fixtures, adding a refined touch throughout. The primary suite boasts a spa-inspired ensuite bath with quartz countertops, dual vanities, an oversized walk-in closet, and a walk-in shower. Additional highlights include an attached two-car garage and a tankless water heater for added efficiency. Residents of this highly sought-after master-planned community enjoy resort-style amenities including a pool and spa, playgrounds, BBQ areas, and expansive green spaces. Ideally located near San Elijo Hills, Double Peak Park, and Lake San Marcos, with close proximity to top-rated San Marcos schools, Cal State San Marcos (CSUSM), premier shopping and dining, and convenient freeway access. This is more than a home — it’s a lifestyle.

Mortgage Calculator

Est. Monthly Payment

$5,778

Principal & Interest$4,374
Property Tax$865
Insurance$252
HOA$287
%($173,000)
%

Investment Score

3D
Est. Monthly Rent

Zillow Rent Zestimate

$3,679
Monthly Cashflow
$-3,666

Mortgage (P+I)
$4,374
Cap Rate
0.98%
Cash-on-Cash
-25.43%
DSCR

⚠️ Need ≥ 1.25 for DSCR loan

0.84
Break-even Rent
$7,051

NOI (Annual)
$8,496
Price-to-Rent

Lower = better for investors

19.6

* Defaults: 20% down, 6.5% rate, 30yr.

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