
1120 Mission Rd #65
Atop 10%Fallbrook, CA 92028
Pass at asking: -$120/mo full cashflow at 20% down, 7.43% rate.
Works at $238,286 (6% under asking), or at 27% down.
Rent $2,377/mo: zip market median for this bed count.
Beds
2
Baths
2
Sqft
1,536
Year Built
1969
Days on Market
89
Property Type
Mfd/Mobile Home
HOA/mo
N/A
MLS ID
NDP2607651
This property is in Fallbrook (92028). Browse neighborhood analytics →
About This Property
Move-In Ready! This beautifully updated, spacious 2-bedroom, 2-bath manufactured home offers approximately 1,536 sq. ft. of comfortable living. Upgrades include new drywall, windows, blinds, interior and closet doors, cabinetry, baseboards, light fixtures, appliances, washer and dryer, updated bathrooms, fresh interior and exterior paint, vinyl fencing, and landscaping. Enjoy a generous floor plan, covered carport, and exterior storage shed. Community amenities include a pool, spa, clubhouse, dog park, and BBQ area—all conveniently located near town, shopping, and everyday essentials. With the work already completed, all that’s left to do is move in and enjoy!
Mortgage Calculator
Est. Monthly Payment
$1,739
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.
Comparable Properties
5 comps foundThis Property
$2,377
Comp Average
$2,514
3909 Reche Rd
2bd / 2ba · 1,810 sqft · Mfd/Mobile Home
$200K
Est. $2,377/mo
1120 Mission Road
2bd / 2ba · 1,139 sqft · Mfd/Mobile Home
$265K
Est. $2,377/mo
1120 E Mission Rd
3bd / 2.5ba · 1,400 sqft · Manufactured
$200K
Est. $3,060/mo
4747 Oak Crest Street
2bd / 2ba · 1,440 sqft · Manufactured
$299K
Est. $2,377/mo
4650 Dulin Road
2bd / 2ba · 1,440 sqft · Manufactured
$375K
Est. $2,377/mo
Comps based on same zip code, similar beds (±1), price range (60-150%).
Investment Score
Zip market median for this bed count
Thin data: no closed leases like this one nearby.
Rent − PITIA
Incl. vacancy, PM, maint, capex
What would make this work?
$120/mo short at 20% down; 27% down or +$156/mo rent closes it.
- Break-even price
- $238,286
- Break-even rent
- $2,533/mo
- Cashflow at 35% down
- +$144/mo
- Down payment to break even
- 27%
- Rate to break even
- 6.55%
6% under asking
$156/mo above the estimate
$68,580 cash
at 20% down
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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