122 Orvil Way

122 Orvil Way

Ctop 80%

Fallbrook, CA 92028

$959,000
NEW — 0d

Pass at asking: -$4,208/mo full cashflow at 20% down, 7.36% rate.

Works at $408,378 (57% under asking), or at 84% down.

Rent $4,053/mo from 9 leases of 3-bed houses within 2 mi ($3,737–$4,114).

Beds

3

Baths

2.5

Sqft

1,812

Year Built

1999

Days on Market

0

Property Type

Single Family

HOA/mo

N/A

MLS ID

NDP2610238

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

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About This Property

This beautifully remodeled home offers a delightful blend of modern comforts and rural charm. Situated on a spacious 1.35-acre lot, this property is perfect for those seeking a peaceful and private lifestyle. Featuring 3 bedrooms & 2.5 bathrooms, this home provides ample space for both relaxation and entertainment. The heart of the home is the bright and open kitchen, which offers a great space for culinary enthusiasts to whip up delicious meals, and flows seamlessly to the patio, with a built in BBQ and firepit. One bedroom/bathroom is accessible through a separate entrance, perfect for a home office or potential vacation rental. A custom goat pen and chicken coop have been meticulously designed and fortified, allowing you to raise and enjoy fresh eggs and goats in your backyard. The spacious lot provides plenty of room for outdoor activities and gardening, and is already home to a variety of fruit trees and grapevines. In addition to the main residence, a detached garage/workshop offers ample storage space for your vehicles, tools, and hobbies. This versatile area can be used as a creative space, a workshop, or even a home gym - the possibilities are endless. Fallbrook offers a serene and picturesque setting. Enjoy the scenic beauty of the surrounding countryside, while still being conveniently located near local amenities, schools, and shopping centers.

Mortgage Calculator

Est. Monthly Payment

$6,530

Principal & Interest$5,291
Property Tax$959
Insurance$280
%($191,800)
%
Loan Term

Location

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Zoned Schools

  • Elementary

    William H. Frazier 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

24C
Est. Monthly Rent
$4,053

9 leases of 3-bed houses within 2 mi · $3,737–$4,114

Blended 50/50 with the zip's market median ($4,127)

Monthly Cashflow

Rent − PITIA

-$2,477
Full Cashflow

Incl. vacancy, PM, maint, capex

-$4,208

What would make this work?

$4,208/mo short at 20% down; 84% down or +$5,465/mo rent closes it.

Break-even price

57% under asking

$408,378
Break-even rent

$5,465/mo above the estimate

$9,518/mo
Cashflow at 35% down
−$3,216/mo
Down payment to break even

$805,560 cash

84%
Rate to break even

Negative even at a 0% loan

Not reachable

Mortgage (P+I)
$5,291
Cap Rate
1.61%
Cash-on-Cash
-26.33%
DSCR

Need ≥ 1.25 for DSCR loan

0.62

NOI (Annual)
$15,424
Price-to-Rent

Lower = better for investors

19.7

* Modelled at 20% down, 7.36% 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−$4,208/mo