311 Satsuma Trail

Atop 10%

Fallbrook, CA 92028

$499,000

NEW — 0d

Pass at asking: -$1,859/mo full cashflow at 20% down, 7.43% rate.

Works at $256,984 (49% under asking), or at 74% down.

Rent $2,927/mo from 4 leases of condos & townhomes in 92028, size-adjusted ($2,824–$3,094).

Beds

Baths

2.5

Sqft

1,185

Year Built

2023

Days on Market

Property Type

Townhouse

HOA/mo

$280

MLS ID

260026594SD

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

About This Property

This might be the best value in San Diego County! Modern, newer townhome in already established and beautiful community with easy access to 76 and 15 freeways, making it the perfect place to call it your first home. You will love the cool upgrades, the additional very usable loft/den area and your very own two car garage. With paid off Solar System in place and nice Smart Home features, this truly is an amazing value.

Mortgage Calculator

Est. Monthly Payment

$3,697

Principal & Interest$2,772

Property Tax$499

Insurance$146

HOA$280

Down Payment

%($99,800)

Interest Rate

Loan Term

Location

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Comparable Properties

5 comps found

This Property

$2,927

Comp Average

$3,070

312 Zest Lane

2bd / 2.5ba · 1,185 sqft · Condo

$489K

Est. $2,972/mo

308 Seedling Way

3bd / 2.5ba · 1,283 sqft · Townhouse

$540K

Est. $3,410/mo

347 Sweet Pl

2bd / 3ba · 1,083 sqft · Condo

$470K

Est. $3,032/mo

35111 Rangpur Lane

2bd / 2.5ba · 1,185 sqft · Townhouse

$510K

Est. $2,927/mo

4308 Los Padres Dr

2bd / 2ba · 1,196 sqft · Condo

$575K

Est. $3,010/mo

Comps based on same zip code, similar beds (±1), price range (60-150%).

Investment Score

58A

Est. Monthly Rent

$2,927

4 leases of condos & townhomes in 92028, size-adjusted · $2,824–$3,094

Blended 50/50 with the zip's market median ($2,896)

Monthly Cashflow

Rent − PITIA

-$770

Full Cashflow

Incl. vacancy, PM, maint, capex

-$1,859

What would make this work?

$1,859/mo short at 20% down; 74% down or +$2,415/mo rent closes it.

Break-even price: $256,984
Break-even rent: $5,342/mo
Cashflow at 35% down: −$1,339/mo
Down payment to break even: 74%
Rate to break even: Not reachable

Mortgage (P+I)

$2,772

Cap Rate

2.55%

Cash-on-Cash

-22.36%

DSCR

Need ≥ 1.25 for DSCR loan

0.79

NOI (Annual)

$12,712

Price-to-Rent

Lower = better for investors

14.2

* 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−$1,859/mo