1094 Hillcrest View Lane
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1094 Hillcrest View Lane

Ctop 80%

Fallbrook, CA 92028

$1,299,000
NEW — 0d

Pass at asking: -$5,649/mo full cashflow at 20% down, 7.43% rate.

Works at $563,582 (57% under asking), or at 83% down.

Rent $5,621/mo from 9 leases of 3–5 bed houses within 2 mi ($5,293–$5,844).

Beds

4

Baths

4

Sqft

3,657

Year Built

2003

Days on Market

0

Property Type

Single Family

HOA/mo

N/A

MLS ID

PTP2608314

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

Virtual Tour

About This Property

Pool and pickleball court is AI generated. Discover breathtaking panoramic views and exceptional privacy at 1094 Hillcrest View Lane. Nestled at the end of a quiet paved road, this contemporary European-inspired estate offers 4 bedrooms, 4 bathrooms, and approximately 3,657 square feet on 1.5 acres of usable land, with room to explore adding a pool or pickleball court. A striking driveway with concrete pavers and turf accents creates a memorable arrival. Double entry doors open to soaring ceilings, expansive windows, and an inviting open-concept layout with modern finishes and luxury vinyl plank flooring throughout the main level. The great room features a modern fireplace and built-in cabinetry, flowing into a remodeled chef’s kitchen with two-tone cabinets, an oversized island, a breakfast nook, and a separate formal dining area. Two spacious primary suites—one upstairs and one downstairs—offer comfort and flexibility. The downstairs suite includes a private entrance and a spa-inspired bathroom with a soaking tub, oversized walk-in shower, and dual vanity. An upstairs bar with a mini-fridge and sink, plus a junior suite’s view balcony with exterior stairs, adds to the home’s entertaining appeal. An oversized two-car garage, detached workshop, and dedicated dog kennel with a spacious run complete this move-in-ready retreat

Mortgage Calculator

Est. Monthly Payment

$8,894

Principal & Interest$7,216
Property Tax$1,299
Insurance$379
%($259,800)
%
Loan Term

Location

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Zoned Schools

  • Elementary

    Fallbrook STEM Academy · 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

17C
Est. Monthly Rent
$5,621

9 leases of 3–5 bed houses within 2 mi · $5,293–$5,844

Monthly Cashflow

Rent − PITIA

-$3,273
Full Cashflow

Incl. vacancy, PM, maint, capex

-$5,649

What would make this work?

$5,649/mo short at 20% down; 83% down or +$7,336/mo rent closes it.

Break-even price

57% under asking

$563,582
Break-even rent

$7,336/mo above the estimate

$12,957/mo
Cashflow at 35% down
−$4,296/mo
Down payment to break even

$1,078,170 cash

83%
Rate to break even

Negative even at a 0% loan

Not reachable

Mortgage (P+I)
$7,216
Cap Rate
1.71%
Cash-on-Cash
-26.09%
DSCR

Need ≥ 1.25 for DSCR loan

0.63

NOI (Annual)
$22,185
Price-to-Rent

Lower = better for investors

19.3

* 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−$5,649/mo