2399 Paige Circle
Ctop 80%Fallbrook, CA 92028
Pass at asking: -$4,854/mo full cashflow at 20% down, 7.36% rate.
Works at $489,755 (56% under asking), or at 83% down.
Rent $4,861/mo from 8 leases of houses within 2 mi, size-adjusted ($4,490–$4,735).
Beds
4
Baths
4
Sqft
2,400
Year Built
2004
Days on Market
229
Property Type
Single Family
HOA/mo
N/A
MLS ID
NDP2602945
This property is in Fallbrook (92028). Browse neighborhood analytics →
About This Property
Great opportunity to live in Beautiful Fallbrook! This single story, 4br, 3.5 bath located at the end of a private cul-de-sac has a long driveway (that can be easily privately gated), that leads you thru its 1.34 acres and takes you right to your new home. The interior offers a beautiful Kitchen with granite counter tops and stainless steel appliances. Hardwood and marble tile floors throughout. The heated pool and spa are the perfect treat after a long day. On the 1.34 acres there's the opportunity for horses, large animals and poultry. And wait until you see the garage!!! It's 960 sqft has been turned into a Jr ADU/unpermitted. It has beautiful cabinetry built-ins with it's own bathroom/shower and kitchenette.
Mortgage Calculator
Est. Monthly Payment
$7,660
Location
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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.
Comparable Properties
5 comps foundThis Property
$4,861
Comp Average
$4,456
613 Carnation Lane
4bd / 3ba · 2,515 sqft · Single Family
$840K
Est. $4,749/mo
5014 Lake Circle Road
4bd / 2.5ba · 2,462 sqft · Single Family
$785K
Est. $4,165/mo
445 Poets Square
4bd / 3ba · 2,414 sqft · Single Family
$859K
Est. $4,696/mo
35617 Blue Bretton Dr
4bd / 2.5ba · 2,418 sqft · Single Family
$915K
Est. $4,533/mo
672 Inverlochy Dr
4bd / 2.5ba · 2,277 sqft · Single Family
$959K
Est. $4,136/mo
Comps based on same zip code, similar beds (±1), price range (60-150%).
Investment Score
8 leases of houses within 2 mi, size-adjusted · $4,490–$4,735
Blended 50/50 with the zip's market median ($5,102)
Rent − PITIA
Incl. vacancy, PM, maint, capex
What would make this work?
$4,854/mo short at 20% down; 83% down or +$6,304/mo rent closes it.
- Break-even price
- $489,755
- Break-even rent
- $11,165/mo
- Cashflow at 35% down
- −$3,691/mo
- Down payment to break even
- 83%
- Rate to break even
- Not reachable
56% under asking
$6,304/mo above the estimate
$933,750 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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