3562 Mission Road
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3562 Mission Road

Btop 30%

Fallbrook, CA 92028

$1,100,000

Pass at asking: -$3,905/mo full cashflow at 20% down, 7.43% rate.

Works at $591,544 (46% under asking), or at 72% down.

Rent $5,901/mo from 6 leases of 4–6 bed houses in 92028 ($4,564–$5,108).

Beds

5

Baths

4.5

Sqft

3,122

Year Built

1979

Days on Market

85

Property Type

Single Family

HOA/mo

N/A

MLS ID

260020238SD

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

About This Property

SINGLE-STORY ESTATE WITH PRIVATE GUEST QUARTERS, VIEWS & SOLAR! Nestled in the rolling hills of Fallbrook, this unique single-story property offers approximately 3,122 sqft of living space with two separate living areas, each featuring its own private entrance. Enjoy peaceful country living, majestic hillside views, and cool ocean breezes while remaining conveniently close to shopping, dining, and everyday amenities. A welcoming front porch sets the tone for the main residence, which features 3 bedrooms, 3 bathrooms, vaulted ceilings, skylight, engineered hardwood flooring, and a spacious family room anchored by a charming brick fireplace. The remodeled kitchen is designed for both everyday living and entertaining, offering white cabinetry, quartz countertops, a center island, walk-in pantry, and a sunny breakfast nook with views of the surrounding landscape. The primary suite includes a bathroom and walk-in closet, while the secondary bedrooms are thoughtfully positioned for privacy. The private guest quarters provide exceptional flexibility with a full kitchen, living room with fireplace, 2 bedrooms, and 1.5 bathrooms. One of the bedrooms is accessed through the other and has previously been used as an office. Ideal for multi-generational living, extended guests, home office space, or income-producing possibilities. The property also features mature landscaping, rear patio areas, two storage sheds, leased solar, and an all-electric design with no gas or propane required. A rare opportunity to enjoy space, versatility, privacy, and the tranquil Fallbrook lifestyle.

Mortgage Calculator

Est. Monthly Payment

$7,532

Principal & Interest$6,111
Property Tax$1,100
Insurance$321
%($220,000)
%
Loan Term

Location

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Zoned Schools

  • Elementary

    La Paloma 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.

Investment Score

40B
Est. Monthly Rent
$5,901

6 leases of 4–6 bed houses in 92028 · $4,564–$5,108

Blended 50/50 with the zip's market median ($6,850)

Monthly Cashflow

Rent − PITIA

-$1,631
Full Cashflow

Incl. vacancy, PM, maint, capex

-$3,905

What would make this work?

$3,905/mo short at 20% down; 72% down or +$5,071/mo rent closes it.

Break-even price

46% under asking

$591,544
Break-even rent

$5,071/mo above the estimate

$10,972/mo
Cashflow at 35% down
−$2,759/mo
Down payment to break even

$792,000 cash

72%
Rate to break even

Negative even at a 0% loan

Not reachable

Mortgage (P+I)
$6,111
Cap Rate
2.73%
Cash-on-Cash
-21.30%
DSCR

Need ≥ 1.25 for DSCR loan

0.78

NOI (Annual)
$30,014
Price-to-Rent

Lower = better for investors

15.5

* 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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BCashflow−$3,905/mo