35111 Rangpur Lane
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35111 Rangpur Lane

Atop 10%

Fallbrook, CA 92028

$510,000
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: -$1,950/mo full cashflow at 20% down, 7.43% rate.

Works at $256,036 (50% under asking), or at 76% down.

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

Beds

2

Baths

2.5

Sqft

1,185

Year Built

2022

Days on Market

50

Property Type

Townhouse

HOA/mo

$287

MLS ID

SW26195778

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

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About This Property

Back on the market, due to no fault of sellers! Close Before Year-End: Now Offered at $510,000! The seller’s ready to move, and if you are too, you could be unpacking before the holidays. You get two bedrooms, a flexible loft, and 2.5 baths, all in Fallbrook’s sought-after Citro community. With the space, the location, and the price, now’s the time to make your move. Nestled in the foothills east of Bonsall and Fallbrook, this modern 2 bedroom + loft, 2.5 bathroom townhome features contemporary design coupled with the latest energy-saving technology. Due to its situation within the community, the home has no neighbors obscuring the view of the hills and landscape from its generous living room window. The downstairs open-concept living area includes luxury vinyl plank flooring throughout. The kitchen includes solid-surface countertops and a custom backsplash, a generous island, and abundant storage. A half-bath off the entrance to the two-car garage adds convenience for residents and guests.Upstairs are two bedrooms, two full bathrooms, laundry, and a loft area. The primary ensuite has double sink vanity and a generous shower. The secondary bath contains a combination tub/shower. In the garage, owners added custom ceiling storage racks to provide additional storage. The home has owned solar and a tankless water heater that includes recirculating hot water so warm baths and showers are instantly available on even the coolest days. A large ceiling fan helps to circulate air to keep you comfortable while limiting HVAC use. LED lighting throughout the home helps reduce energy use and lowers expenses. Amenities include access to the nearby “The Spot”, a resort-style pool and entertaining clubhouse area that serves the Citro community.

Mortgage Calculator

Est. Monthly Payment

$3,779

Principal & Interest$2,833
Property Tax$510
Insurance$149
HOA$287
%($102,000)
%
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

56A
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

-$852
Full Cashflow

Incl. vacancy, PM, maint, capex

-$1,950

What would make this work?

$1,950/mo short at 20% down; 76% down or +$2,533/mo rent closes it.

Break-even price

50% under asking

$256,036
Break-even rent

$2,533/mo above the estimate

$5,460/mo
Cashflow at 35% down
−$1,419/mo
Down payment to break even

$387,600 cash

76%
Rate to break even

Negative even at a 0% loan

Not reachable

Mortgage (P+I)
$2,833
Cap Rate
2.42%
Cash-on-Cash
-22.95%
DSCR

Need ≥ 1.25 for DSCR loan

0.77

NOI (Annual)
$12,350
Price-to-Rent

Lower = better for investors

14.5

* 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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ACashflow−$1,950/mo