347 Sweet Pl

347 Sweet Pl

Atop 10%

Fallbrook, CA 92028

$470,000
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: -$1,707/mo full cashflow at 20% down, 7.36% rate.

Works at $246,599 (48% under asking), or at 73% down.

Rent $3,032/mo from 4 leases of condos & townhomes in 92028, size-adjusted ($2,699–$2,958).

Beds

2

Baths

3

Sqft

1,083

Year Built

2022

Days on Market

123

Property Type

Condo

HOA/mo

$450

MLS ID

250046086SD

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

About This Property

VA-Approved! Lender Approved! Priced To Sell Fast! Modern 2-Bedroom, 2.5 Bath New Construction Condo in Fallbrook, CA. Welcome to contemporary living in the peaceful and desirable Citro community, this beautifully designed 2-bedroom, 2.5 bath condo offers the perfect blend of modern style, comfort, and convenience. This newer construction home features an open-concept layout filled with natural light, stylish finishes, and thoughtfully designed living spaces. Even better, the home comes furnished, making it truly move-in ready. Key Features Include: *Paid-Off Solar for energy efficiency and long-term savings *Furnished - furniture included with the sale *Free TV included Spacious bedrooms and modern bathrooms.Low-maintenance living in a serene, nature-filled community. Whether you're a first-time buyer, downsizing, or seeking a turnkey investment, this home offers exceptional value in one of North County San Diego's fastest-growing areas. Don't miss your second chance to own this incredible home!

Mortgage Calculator

Est. Monthly Payment

$3,650

Principal & Interest$2,593
Property Tax$470
Insurance$137
HOA$450
%($94,000)
%
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

61A
Est. Monthly Rent
$3,032

4 leases of condos & townhomes in 92028, size-adjusted · $2,699–$2,958

Blended 50/50 with a property-level estimate

Monthly Cashflow

Rent − PITIA

-$618
Full Cashflow

Incl. vacancy, PM, maint, capex

-$1,707

What would make this work?

$1,707/mo short at 20% down; 73% down or +$2,217/mo rent closes it.

Break-even price

48% under asking

$246,599
Break-even rent

$2,217/mo above the estimate

$5,249/mo
Cashflow at 35% down
−$1,221/mo
Down payment to break even

$343,100 cash

73%
Rate to break even

Negative even at a 0% loan

Not reachable

Mortgage (P+I)
$2,593
Cap Rate
2.65%
Cash-on-Cash
-21.79%
DSCR

Need ≥ 1.25 for DSCR loan

0.83

NOI (Annual)
$12,451
Price-to-Rent

Lower = better for investors

12.9

* 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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ACashflow−$1,707/mo