1826 Via Monserate
Ctop 80%Fallbrook, CA 92028
Pass at asking: -$4,489/mo full cashflow at 20% down, 7.36% rate.
Works at $412,747 (59% under asking), or at 86% down.
Rent $4,096/mo from 16 leases of 3-bed houses in 92028 ($3,887–$4,230).
Beds
3
Baths
3
Sqft
2,000
Year Built
1987
Days on Market
177
Property Type
Single Family
HOA/mo
N/A
MLS ID
NDP2604867
This property is in Fallbrook (92028). Browse neighborhood analytics →
About This Property
Nearly an acre of highly usable land gives you something increasingly hard to find: room to make a property your own. Garden, plant fruit trees, create outdoor entertaining spaces, make room for pets - or simply enjoy having space around you and panoramic mountain and hillside views beyond. Behind the gate, this 3BR/2.5BA Fallbrook home pairs that freedom with everyday comfort and convenience. Fresh interior paint and beautifully refinished real hardwood floors are already done, along with a newer roof and owned solar. Central heat & A/C, natural gas and a sewer connection add practical advantages, while large windows bring in abundant natural light and frame the surrounding views. A cozy fireplace, attached 2-car garage and additional gated parking complete the property. All of this on 0.91 acre with no HOA and no Mello Roos, yet still conveniently close to downtown Fallbrook shops, restaurants, community events and commuter access.
Mortgage Calculator
Est. Monthly Payment
$6,809
Location
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Zoned Schools
Elementary
La Paloma 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.
Comparable Properties
5 comps foundThis Property
$4,096
Comp Average
$4,040
749 De Luz
3bd / 2ba · 1,932 sqft · Single Family
$720K
Est. $4,023/mo
1366 Via Feliz
3bd / 2ba · 1,930 sqft · Single Family
$975K
Est. $4,336/mo
1019 Riverview Drive
3bd / 3ba · 2,081 sqft · Single Family
$949K
Est. $4,116/mo
3911 Alta Vista Drive
3bd / 3ba · 1,946 sqft · Single Family
$949K
Est. $3,970/mo
1221 Palomares Ct.
3bd / 2ba · 1,863 sqft · Single Family
$1.00M
Est. $3,754/mo
Comps based on same zip code, similar beds (±1), price range (60-150%).
Investment Score
16 leases of 3-bed houses in 92028 · $3,887–$4,230
Blended 50/50 with the zip's market median ($4,127)
Rent − PITIA
Incl. vacancy, PM, maint, capex
What would make this work?
$4,489/mo short at 20% down; 86% down or +$5,829/mo rent closes it.
- Break-even price
- $412,747
- Break-even rent
- $9,925/mo
- Cashflow at 35% down
- −$3,454/mo
- Down payment to break even
- 86%
- Rate to break even
- Not reachable
59% under asking
$5,829/mo above the estimate
$860,000 cash
Negative even at a 0% loan
Need ≥ 1.25 for DSCR loan
Lower = better for investors
* 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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