959 Slate
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959 Slate

D

San Marcos, CA 92078

$699,000

Beds

2

Baths

2.5

Sqft

1,243

Year Built

2020

Days on Market

45

Property Type

Condo

HOA/mo

$271.17

MLS ID

260004896SD

This property is in San Marcos (92078). View neighborhood stats →

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About This Property

This beautifully upgraded residence offers the perfect blend of comfort, style, and convenience. Step inside to an open and bright floor plan featuring recessed lighting, upgraded flooring, and plush newer carpet throughout. The modern kitchen is designed for both everyday living and entertaining, complete with upgraded appliances, ample cabinetry, and countertop seating that flows seamlessly into the main living area. A convenient downstairs half bathroom adds extra functionality for guests. Upstairs, each spacious bedroom offers its own private full bathroom — ideal for guests, roommates, or family members seeking extra privacy. Ceiling fans in the bedrooms provide added comfort year-round, and the upstairs laundry room adds everyday convenience right where you need it. Enjoy indoor-outdoor living on your covered balcony — perfect for morning coffee or relaxing evenings. The attached two-car garage features durable epoxy flooring, offering both functionality and a clean, polished look. This home also includes paid solar, providing potential energy efficiency and long-term savings. Residents enjoy access to beautifully maintained community amenities, including a sparkling pool and inviting playground area. Don’t miss the opportunity to make 959 Slate your next home!

Mortgage Calculator

Est. Monthly Payment

$4,709

Principal & Interest$3,535
Property Tax$699
Insurance$204
HOA$271
%($139,800)
%

Location

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Investment Score

3D
Est. Monthly Rent
$2,964
Monthly Cashflow

Rent − PITIA

$-1,745
Full Cashflow

Incl. vacancy, PM, maint, capex

$-3,009

Mortgage (P+I)
$3,535
Cap Rate
0.90%
Cash-on-Cash
-25.83%
DSCR

⚠️ Need ≥ 1.25 for DSCR loan

0.63
Break-even Rent
$6,872

NOI (Annual)
$6,307
Price-to-Rent

Lower = better for investors

19.7

* 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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