365 Charles Swisher Court
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365 Charles Swisher Court

Ctop 80%

Fallbrook, CA 92028

$1,275,000
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: -$5,379/mo full cashflow at 20% down, 7.36% rate.

Works at $571,075 (55% under asking), or at 82% down.

Rent $6,136/mo from 13 leases of houses within 2 mi, size-adjusted ($5,104–$5,523).

Beds

5

Baths

4

Sqft

3,401

Year Built

2008

Days on Market

46

Property Type

Single Family

HOA/mo

$360

MLS ID

ND26210697

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

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About This Property

Resort-style living awaits in Shady Grove! This model-perfect, meticulously maintained 3400+ sq.ft. home sits on a generous lot at the end of a cul-de-sac in this desirable gated community.The private backyard is an entertainer's dream, featuring a pool with a Baja shelf, spa, and waterslide; an outdoor kitchen with a built-in grill and TV; and a seating area with a fireplace. Inside, the beautifully appointed floor plan offers a formal living room and dining room, family room/home theater, and a main-level bedroom/office with French doors opening to the backyard. The recently remodeled chef's kitchen showcases custom cabinetry, a farmhouse sink, and top-of-the-line Wolf and Sub-Zero appliances. A spacious butler's pantry includes a wine refrigerator, bar area, and walk-in pantry. Enjoy meals in the casual dining area that opens to the backyard, creating an easy flow between indoor and outdoor living.Upstairs, the luxurious primary suite features a walk-in closet with custom built-ins and an elegant travertine tile and granite vanity with a dedicated dressing table. Additional bedrooms provide generous space for family and friends, including one with an en-suite bath.A three-car garage with epoxy flooring provides plenty of room for cars and toys. Owned solar and a HALO whole-house water filtration system add valuable upgrades.Shady Grove is a gated community with tree-lined parks, a tot lot, pickleball and a sports court, and a secure gated RV Parking area. A truly special home where luxury comfort meets resort-style outdoor living.

Mortgage Calculator

Est. Monthly Payment

$9,041

Principal & Interest$7,034
Property Tax$1,275
Insurance$372
HOA$360
%($255,000)
%
Loan Term

Location

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Zoned Schools

  • Elementary

    William H. Frazier 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

18C
Est. Monthly Rent
$6,136

13 leases of houses within 2 mi, size-adjusted · $5,104–$5,523

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

Monthly Cashflow

Rent − PITIA

-$2,905
Full Cashflow

Incl. vacancy, PM, maint, capex

-$5,379

What would make this work?

$5,379/mo short at 20% down; 82% down or +$6,986/mo rent closes it.

Break-even price

55% under asking

$571,075
Break-even rent

$6,986/mo above the estimate

$13,122/mo
Cashflow at 35% down
−$4,060/mo
Down payment to break even

$1,045,500 cash

82%
Rate to break even

Negative even at a 0% loan

Not reachable

Mortgage (P+I)
$7,034
Cap Rate
1.85%
Cash-on-Cash
-25.31%
DSCR

Need ≥ 1.25 for DSCR loan

0.68

NOI (Annual)
$23,544
Price-to-Rent

Lower = better for investors

17.3

* 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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CCashflow−$5,379/mo