1905 Green Vista Lane
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1905 Green Vista Lane

Ctop 80%

Fallbrook, CA 92028

$1,099,900

Pass at asking: -$4,834/mo full cashflow at 20% down, 7.43% rate.

Works at $470,631 (57% under asking), or at 84% down.

Rent $4,694/mo from 4 leases of 4-bed houses in 92028 ($4,075–$5,002).

Beds

4

Baths

3

Sqft

2,667

Year Built

1982

Days on Market

53

Property Type

Single Family

HOA/mo

N/A

MLS ID

NDP2608754

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

About This Property

INCREDIBLE OPPORTUNITY BEFORE THE HOLIDAYS! Single story living, usable acreage, exceptional privacy, and endless possibilities! Tucked away at the end of a quiet cul-de-sac behind a private gated entrance, this versatile Fallbrook property offers approximately 1.1 acres of highly usable land, a sparkling lap pool and spa, a separate detached ADU, and plenty of room to make it your own. The 2,067 square foot main residence features three bedrooms, two bathrooms, and an additional flexible room that could serve as a fourth bedroom and additional potential third bathroom inside main home, home office, gym, or creative space. The approximately 600 squarefoot detached ADU, built in 2021, offers private one bedrooms and one bathroom, living room, and dining room creating additional space for extended family, guests, a private workspace, or potential rental income. Step outside and enjoy the Southern California lifestyle with a lap pool and spa, mature avocado and assorted fruit trees, room for gardening and outdoor entertaining, an oversized three-car garage, and RV parking. The property also features an existing horse corral and barn for those interested in equestrian use, but you don’t need horses to appreciate this incredible property! The horse facilities could potentially be removed or repurposed to create additional usable outdoor space for gardens, recreation, entertaining, or whatever fits your lifestyle. A standout feature is the fully paid and owned solar serving both residences, offering the benefit of solar without the added expense of a solar lease. With two separate living spaces, multiple flexible use rooms, usable acreage, and a fully gated setting, this property offers a unique combination of privacy, functionality, and versatility. SELLER WILL CONSIDER ASSISTANCE TOWARD AN INTEREST RATE BUYDOWN OR BUYER CLOSING COSTS! Whether you’re looking for multigenerational living, additional guest accommodations, a home with room to grow, or simply a private retreat with space to enjoy, this property offers so many possibilities. A special opportunity to secure a versatile Fallbrook property before the holiday season!

Mortgage Calculator

Est. Monthly Payment

$7,531

Principal & Interest$6,110
Property Tax$1,100
Insurance$321
%($219,980)
%
Loan Term

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.

Investment Score

18C
Est. Monthly Rent
$4,694

4 leases of 4-bed houses in 92028 · $4,075–$5,002

Blended 50/50 with a property-level estimate

Monthly Cashflow

Rent − PITIA

-$2,837
Full Cashflow

Incl. vacancy, PM, maint, capex

-$4,834

What would make this work?

$4,834/mo short at 20% down; 84% down or +$6,277/mo rent closes it.

Break-even price

57% under asking

$470,631
Break-even rent

$6,277/mo above the estimate

$10,971/mo
Cashflow at 35% down
−$3,688/mo
Down payment to break even

$923,916 cash

84%
Rate to break even

Negative even at a 0% loan

Not reachable

Mortgage (P+I)
$6,110
Cap Rate
1.65%
Cash-on-Cash
-26.37%
DSCR

Need ≥ 1.25 for DSCR loan

0.62

NOI (Annual)
$18,139
Price-to-Rent

Lower = better for investors

19.5

* 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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CCashflow−$4,834/mo