1387 Las Vistas
1 / 20

1387 Las Vistas

Dbottom 20%

Fallbrook, CA 92028

$2,100,000

Pass at asking: -$11,813/mo full cashflow at 20% down, 7.43% rate.

Works at $561,915 (73% under asking); even all cash loses money at asking.

Rent $5,605/mo from 6 leases of 4–6 bed houses in 92028 ($5,166–$5,782).

Beds

5

Baths

4

Sqft

4,000

Year Built

2027

Days on Market

68

Property Type

Single Family

HOA/mo

N/A

MLS ID

SW26193750

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

About This Property

En EXCEPTIONAL OFFER for the construction of your executive home or mansion at the QUALITY you want and the LOWEST PRICE you can get !!!An experienced Italian architect, engineer and builder will design, permit and manage your project to completion with attention to construction quality and every detail. The team includes a quality licensed, insured and bonded contractor with all the experienced construction trades for top quality work.You decide the size of the home or mansion, the floor plan and exterior style, the quality of materials, the level of finish and those unique accents you want.The LOWEST construction cost will be achieved through a contract that lets you pay the materials and sub-contractors AT COST, construction equipment at the actual rental rates and labor at the actual trade rates.Construction financing is available, if needed.We propose to show to you this exceptional site for your future home and meet the architect for an open discussion of the home features you wish and a budget to work with.The attached floor plans and renderings were developed specifically for this site to show just a few possible mansion configurations with different exterior styles.Your home will be rapidly designed, permitted and built to the size, style, quality and configuration you want so that it will truly be your DREAM HOME ………………. at the LOWEST COST you can achieve !!!The cost of construction of a custom home with normal finishes can be budgeted at $290.00 per square foot. The construction cost for a more conventional home can be budgeted at $240.00 per square foot.

Mortgage Calculator

Est. Monthly Payment

$14,379

Principal & Interest$11,666
Property Tax$2,100
Insurance$612
%($420,000)
%
Loan Term

Location

Loading map...

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

1D
Est. Monthly Rent
$5,605

6 leases of 4–6 bed houses in 92028 · $5,166–$5,782

Monthly Cashflow

Rent − PITIA

-$8,773
Full Cashflow

Incl. vacancy, PM, maint, capex

-$11,813

What would make this work?

$11,813/mo short at 20% down; +$15,341/mo rent closes it.

Break-even price

73% under asking

$561,915
Break-even rent

$15,341/mo above the estimate

$20,946/mo
Cashflow at 35% down
−$9,625/mo
Down payment to break even

Negative even all-cash

Not reachable
Rate to break even

Negative even at a 0% loan

Not reachable

Mortgage (P+I)
$11,666
Cap Rate
0.08%
Cash-on-Cash
-33.75%
DSCR

Need ≥ 1.25 for DSCR loan

0.39

NOI (Annual)
$1,609
Price-to-Rent

Lower = better for investors

31.2

* 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.

Open Full Calculator
DCashflow−$11,813/mo