1031 Inverlochy Drive
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1031 Inverlochy Drive

Ctop 80%

Fallbrook, CA 92028

$919,000
STR: check · HOA rules unknown · TOT 8%

HOA rules unknown: an HOA can ban stays under 30 days (Civ. Code §4741), and no permit on file shows this one allows them. Get the CC&Rs.

Pass at asking: -$3,887/mo full cashflow at 20% down, 7.43% rate.

Works at $413,025 (55% under asking), or at 81% down.

Rent $4,462/mo from 10 leases of houses within 2 mi, size-adjusted ($4,418–$4,710).

Beds

3

Baths

2.5

Sqft

2,612

Year Built

2001

Days on Market

46

Property Type

Single Family

HOA/mo

$264

MLS ID

SW26209458

This property is in Fallbrook (92028). Browse neighborhood analytics →

About This Property

PRICE REDUCTION from a MOTIVATED SELLER for this Single-level living in gated Peppertree Park, backing to a nature preserve with no rear neighbors! This approx. 2,612 sq ft home offers 3 bedrooms, 2.5 baths, and a rare combination of a 2-car garage plus a separate 1-car garage, ideal for a workshop, gym, or extra storage. Move-in-ready updates include luxury vinyl plank flooring in the main living areas, carpet in all bedrooms, plantation shutters throughout, and a fresh neutral palette. The kitchen features a center island and abundant freshly painted cabinetry, with room to add your own countertop and appliance upgrades. It opens to a spacious family room with ceiling fan and direct backyard access, while the formal living and dining rooms offer a separate space to entertain. The oversized primary suite includes a ceiling fan, en-suite bath, and large walk-in closet. Two secondary bedrooms share a full bath, plus a powder room for guests. Outside, enjoy a private, expansive yard with a concrete patio, generous lawn, and peaceful preserve views. HOA includes Peppertree Park's 6-acre amenity area with playground, sport court, nature trails, and BBQ picnic areas. Just 2 miles to Fallbrook's charming downtown village with easy access to the 76 Hwy.

Mortgage Calculator

Est. Monthly Payment

$6,556

Principal & Interest$5,105
Property Tax$919
Insurance$268
HOA$264
%($183,800)
%
Loan Term

Location

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Zoned Schools

  • Elementary

    Live Oak Elementary · grades K-6 · Fallbrook Union Elementary

  • Middle

    James E. Potter Intermediate · grades 7-8 · Fallbrook Union Elementary

  • High

    Fallbrook High · grades 9-12 · Fallbrook Union High

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

30C
Est. Monthly Rent
$4,462

10 leases of houses within 2 mi, size-adjusted · $4,418–$4,710

Blended 50/50 with a property-level estimate

Monthly Cashflow

Rent − PITIA

-$2,094
Full Cashflow

Incl. vacancy, PM, maint, capex

-$3,887

What would make this work?

$3,887/mo short at 20% down; 81% down or +$5,047/mo rent closes it.

Break-even price

55% under asking

$413,025
Break-even rent

$5,047/mo above the estimate

$9,509/mo
Cashflow at 35% down
−$2,929/mo
Down payment to break even

$744,390 cash

81%
Rate to break even

Negative even at a 0% loan

Not reachable

Mortgage (P+I)
$5,105
Cap Rate
1.88%
Cash-on-Cash
-25.37%
DSCR

Need ≥ 1.25 for DSCR loan

0.68

NOI (Annual)
$17,304
Price-to-Rent

Lower = better for investors

17.2

* 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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CCashflow−$3,887/mo