35769 Asturian Way
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35769 Asturian Way

Btop 30%

Fallbrook, CA 92028

$769,000
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: -$3,021/mo full cashflow at 20% down, 7.43% rate.

Works at $375,572 (51% under asking), or at 77% down.

Rent $4,013/mo from 16 leases of 3-bed houses in 92028 ($3,908–$4,253).

Beds

3

Baths

2.5

Sqft

2,022

Year Built

2018

Days on Market

60

Property Type

Single Family

HOA/mo

$205

MLS ID

260022349SD

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

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About This Property

Paid Solar, beautiful single family home ideally situated at the end of a cul-de-sac in the highly sought-after Horse Creek Ridge community of Fallbrook. This thoughtfully maintained two-story home features 3 bedrooms and 2.5 bathrooms, an open concept floor plan, has abundant natural light throughout. The spacious kitchen offers granite countertops and has been refreshed with a new stove and microwave. Fresh interior paint and new carpet upstairs create a clean, move-in-ready feel. The spacious primary suite features a large walk-in closet, dual sinks, a generous soaking tub, and a separate shower. Two additional upstairs bedrooms share a convenient Jack-and-Jill bathroom. Additional highlights include paid-off solar and an EV charger. Enjoy exceptional community amenities including a clubhouse, two swimming pools, basketball courts, BBQ areas, walking trails, two large parks, multiple neighborhood parks, and nighttime security patrol. Surrounded by beautiful rolling hillsides, Horse Creek Ridge offers a peaceful setting while remaining just minutes from Hwy 15 and Hwy 76. Low HOA fees add to the appeal of this wonderful Fallbrook home.

Mortgage Calculator

Est. Monthly Payment

$5,470

Principal & Interest$4,272
Property Tax$769
Insurance$224
HOA$205
%($153,800)
%
Loan Term

Location

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Zoned Schools

  • Elementary

    Live Oak 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

43B
Est. Monthly Rent
$4,013

16 leases of 3-bed houses in 92028 · $3,908–$4,253

Blended 50/50 with a property-level estimate

Monthly Cashflow

Rent − PITIA

-$1,457
Full Cashflow

Incl. vacancy, PM, maint, capex

-$3,021

What would make this work?

$3,021/mo short at 20% down; 77% down or +$3,923/mo rent closes it.

Break-even price

51% under asking

$375,572
Break-even rent

$3,923/mo above the estimate

$7,936/mo
Cashflow at 35% down
−$2,220/mo
Down payment to break even

$592,130 cash

77%
Rate to break even

Negative even at a 0% loan

Not reachable

Mortgage (P+I)
$4,272
Cap Rate
2.27%
Cash-on-Cash
-23.57%
DSCR

Need ≥ 1.25 for DSCR loan

0.73

NOI (Annual)
$17,422
Price-to-Rent

Lower = better for investors

16.0

* 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−$3,021/mo