1061 Old Stage Road
Btop 30%Fallbrook, CA 92028
Pass at asking: -$2,731/mo full cashflow at 20% down, 7.43% rate.
Works at $314,359 (53% under asking), or at 79% down.
Rent $3,136/mo from 9 leases of 3-bed houses within 2 mi ($2,876–$3,085).
Beds
3
Baths
2
Sqft
1,080
Year Built
1971
Days on Market
73
Property Type
Single Family
HOA/mo
N/A
MLS ID
NDP2608161
This property is in Fallbrook (92028). Browse neighborhood analytics →
About This Property
Incredible Opportunity – VA Assumable Loan at Just 2.75%! Discover this beautifully updated 3-bedroom, 2-bath home offering the perfect blend of modern upgrades and everyday comfort. Step inside to an inviting interior featuring luxury vinyl plank flooring, gorgeous quartzite countertops, stainless steel appliances, and a natural gas stove. The spacious, fully fenced backyard is ideal for entertaining, relaxing, or enjoying the variety of mature fruit trees. With ample parking, thoughtful updates, and move-in-ready appeal, this home has so much to offer! Best of all, buyers may have the opportunity to assume the existing VA loan at an incredible 2.75% interest rate, subject to lender approval and qualification. Don't miss this opportunity to own a beautifully updated home with exceptional financing potential!
Mortgage Calculator
Est. Monthly Payment
$4,588
Location
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Zoned Schools
Elementary
La Paloma 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.
Comparable Properties
5 comps foundThis Property
$3,136
Comp Average
$3,238
38942 Jubilee Way
3bd / 2ba · 1,175 sqft · Manufactured
$499K
Est. $3,060/mo
1734 Adalane Place
3bd / 2ba · 1,346 sqft · Single Family
$695K
Est. $3,390/mo
604 Porter Street
3bd / 2ba · 1,196 sqft · Single Family
$699K
Est. $3,357/mo
860 Magarian Rd
3bd / 2ba · 1,112 sqft · Single Family
$695K
Est. $3,073/mo
1340 Via Feliz
3bd / 2ba · 1,200 sqft · Single Family
$799K
Est. $3,308/mo
Comps based on same zip code, similar beds (±1), price range (60-150%).
Investment Score
9 leases of 3-bed houses within 2 mi · $2,876–$3,085
Blended 50/50 with a property-level estimate
Rent − PITIA
Incl. vacancy, PM, maint, capex
What would make this work?
$2,731/mo short at 20% down; 79% down or +$3,546/mo rent closes it.
- Break-even price
- $314,359
- Break-even rent
- $6,682/mo
- Cashflow at 35% down
- −$2,033/mo
- Down payment to break even
- 79%
- Rate to break even
- Not reachable
53% under asking
$3,546/mo above the estimate
$529,299 cash
Negative even at a 0% loan
Need ≥ 1.25 for DSCR loan
Lower = better for investors
* 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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