31396 Lake Vista Circle
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31396 Lake Vista Circle

Dbottom 20%

Bonsall, CA 92003

$2,150,000
STR: check · HOA rules unknown · TOT 8%

HOA rules unknown: an HOA can ban stays under 30 days (Civ. Code §4741), and no permit on file shows this one allows them. Get the CC&Rs.

Pass at asking: -$12,271/mo full cashflow at 20% down, 7.43% rate.

Works at $552,237 (74% under asking); even all cash loses money at asking.

Rent $5,742/mo from 5 leases of houses in 92003, size-adjusted ($5,340–$5,860).

Beds

4

Baths

3.5

Sqft

4,018

Year Built

1990

Days on Market

49

Property Type

Single Family

HOA/mo

$180

MLS ID

260023177SD

This property is in Bonsall (92003). Browse neighborhood analytics →

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About This Property

Set within the exclusive gated community of Lake Vista Estates, this single level Bonsall home enjoys approximately 2 acres, beautiful views, and a peaceful setting surrounded by mature landscaping. The community is known for its custom homes, lush grounds, gated access, and spacious properties, creating a quiet residential setting in the hills of North San Diego County. At 4,018 square feet, the home is bright and open with wide hallways, beamed ceilings, French windows, and generous living areas. Two fireplaces add warmth and character, while the kitchen with granite countertops connects easily to the dining and family rooms. Large windows bring in natural light and take advantage of the greenery and scenery outside. The primary suite is generously sized, with additional rooms providing flexibility for guests, an office, hobbies, or multigenerational living. A gazebo provides a comfortable place to enjoy the grounds, complemented by established landscaping and an upgraded irrigation system. Recent improvements include fresh interior paint, enhanced landscaping and irrigation, and water leak control. Lake Vista Estates also offers street lighting, a community park, hiking opportunities, and convenient access to Highway 76 and I-15, with Oceanside and the North County coast within easy reach.

Mortgage Calculator

Est. Monthly Payment

$14,901

Principal & Interest$11,944
Property Tax$2,150
Insurance$627
HOA$180
%($430,000)
%
Loan Term

Location

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Zoned Schools

  • Elementary

    Bonsall Elementary · grades K-5 · Bonsall Unified

  • Middle

    Norman L. Sullivan Middle · grades 6-8 · Bonsall Unified

  • High

    Bonsall High · grades 9-12 · Bonsall Unified

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

0D
Est. Monthly Rent
$5,742

5 leases of houses in 92003, size-adjusted · $5,340–$5,860

Monthly Cashflow

Rent − PITIA

-$9,159
Full Cashflow

Incl. vacancy, PM, maint, capex

-$12,271

What would make this work?

$12,271/mo short at 20% down; +$15,937/mo rent closes it.

Break-even price

74% under asking

$552,237
Break-even rent

$15,937/mo above the estimate

$21,679/mo
Cashflow at 35% down
−$10,032/mo
Down payment to break even

Negative even all-cash

Not reachable
Rate to break even

Negative even at a 0% loan

Not reachable

Mortgage (P+I)
$11,944
Cap Rate
-0.02%
Cash-on-Cash
-34.25%
DSCR

Need ≥ 1.25 for DSCR loan

0.39

NOI (Annual)
-$483
Price-to-Rent

Lower = better for investors

31.2

* 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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DCashflow−$12,271/mo