1409 Tecalote Drive

1409 Tecalote Drive

Dbottom 20%

Fallbrook, CA 92028

$2,999,999

Pass at asking: -$18,812/mo full cashflow at 20% down, 7.36% rate.

Works at $538,446 (82% under asking); even all cash loses money at asking.

Rent $5,344/mo from 6 leases of 4–6 bed houses in 92028 ($4,925–$5,512).

Beds

5

Baths

5

Sqft

3,635

Year Built

2026

Days on Market

287

Property Type

Single Family

HOA/mo

N/A

MLS ID

NDP2600967

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

About This Property

Luxury Custom Home — Coming Soon in Fallbrook A rare opportunity to own a brand-new custom-built luxury residence in Fallbrook, perched on a hillside with panoramic views of the surrounding hills, near the Pala Mesa golf course and resort. This future home is thoughtfully designed to offer elegance, modern architecture, and exceptional craftsmanship—reflecting the best of high-end living. This new construction project is currently in the pre-build phase. Renderings represent the anticipated elevation and design concept only. The listed price is an anticipated price, subject to final specifications and selected finishes. Don’t miss your chance to secure this remarkable property and personalize specific details as construction progresses. Experience the privilege of customizing a one-of-a-kind home in Fallbrook. Contact the listing agent for more details or to discuss upcoming construction milestones and finish options once they become available.

Mortgage Calculator

Est. Monthly Payment

$20,427

Principal & Interest$16,552
Property Tax$3,000
Insurance$875
%($600,000)
%
Loan Term

Location

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Zoned Schools

  • Elementary

    Live Oak 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

0D
Est. Monthly Rent
$5,344

6 leases of 4–6 bed houses in 92028 · $4,925–$5,512

Monthly Cashflow

Rent − PITIA

-$15,083
Full Cashflow

Incl. vacancy, PM, maint, capex

-$18,812

What would make this work?

$18,812/mo short at 20% down; +$24,431/mo rent closes it.

Break-even price

82% under asking

$538,446
Break-even rent

$24,431/mo above the estimate

$29,775/mo
Cashflow at 35% down
−$15,708/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)
$16,552
Cap Rate
-0.80%
Cash-on-Cash
-37.62%
DSCR

Need ≥ 1.25 for DSCR loan

0.26

NOI (Annual)
-$23,915
Price-to-Rent

Lower = better for investors

46.8

* 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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DCashflow−$18,812/mo