1455 Alturas Rd #89
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1455 Alturas Rd #89

Atop 10%

Fallbrook, CA 92028

$195,000

Works at asking: +$332/mo full cashflow at 20% down, 7.43% rate.

Still breaks even up to $238,286 (22% above asking).

Rent $2,377/mo: zip market median for this bed count.

Beds

2

Baths

1

Sqft

672

Year Built

1985

Days on Market

60

Property Type

Mfd/Mobile Home

HOA/mo

N/A

MLS ID

NDP2608558

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

Virtual Tour

About This Property

3 bedroom 2 bathroom manufactured home in Valley View mobile home park, Living room, dining area in kitchen area, washer and dryer in hall way, easy access to the exterior, House sits on spacious lot, with side yard, exterior shed, 3 car covered carport, home is fully fenced. Located near center of town amenities, Priced to sell, Hurry this one wont last.

Mortgage Calculator

Est. Monthly Payment

$1,335

Principal & Interest$1,083
Property Tax$195
Insurance$57
%($39,000)
%
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

100A
Est. Monthly Rent
$2,377

Zip market median for this bed count

Thin data: no closed leases like this one nearby.

Monthly Cashflow

Rent − PITIA

+$1,042
Full Cashflow

Incl. vacancy, PM, maint, capex

+$332

What would make this work?

Cashflows +$332/mo at 20% down with every reserve funded.

Break-even price

22% above asking

$238,286
Break-even rent

Estimated rent already clears it

$1,945/mo
Cashflow at 35% down
+$536/mo
Down payment to break even

$3,900 cash

2%
Rate to break even

at 20% down

10.40%

Mortgage (P+I)
$1,083
Cap Rate
9.44%
Cash-on-Cash
10.23%
DSCR
1.78

NOI (Annual)
$18,416
Price-to-Rent

Lower = better for investors

6.8

* 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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ACashflow+$332/mo