3712 Evergreen Ct.
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3712 Evergreen Ct.

Ctop 80%

Fallbrook, CA 92028

$1,125,000
NEW — 0d

Pass at asking: -$5,299/mo full cashflow at 20% down, 7.36% rate.

Works at $431,624 (62% under asking), or at 89% down.

Rent $4,284/mo from 16 leases of 3-bed houses in 92028 ($4,247–$4,622).

Beds

3

Baths

2

Sqft

2,388

Year Built

1980

Days on Market

0

Property Type

Single Family

HOA/mo

N/A

MLS ID

NDP2609960

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

Virtual Tour

About This Property

Enjoy easy living in this fabulous 3 bed, 2 bath home next to the Monserate Vineyard. It features a spacious living room with a modern fireplace and new LVP flooring, plus a brand-new kitchen with a huge island that opens to the family room. Perfect for entertaining, it offers a covered brick patio and a sparkling pool. Situated on a quiet cul-de-sac, you can stroll through the serene neighborhood and take in the stunning beauty of the surrounding grape vines.

Mortgage Calculator

Est. Monthly Payment

$7,660

Principal & Interest$6,207
Property Tax$1,125
Insurance$328
%($225,000)
%
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

12C
Est. Monthly Rent
$4,284

16 leases of 3-bed houses in 92028 · $4,247–$4,622

Blended 50/50 with the zip's market median ($4,127)

Monthly Cashflow

Rent − PITIA

-$3,376
Full Cashflow

Incl. vacancy, PM, maint, capex

-$5,299

What would make this work?

$5,299/mo short at 20% down; 89% down or +$6,881/mo rent closes it.

Break-even price

62% under asking

$431,624
Break-even rent

$6,881/mo above the estimate

$11,165/mo
Cashflow at 35% down
−$4,135/mo
Down payment to break even

$1,001,250 cash

89%
Rate to break even

Negative even at a 0% loan

Not reachable

Mortgage (P+I)
$6,207
Cap Rate
1.20%
Cash-on-Cash
-28.26%
DSCR

Need ≥ 1.25 for DSCR loan

0.56

NOI (Annual)
$13,469
Price-to-Rent

Lower = better for investors

21.9

* 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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CCashflow−$5,299/mo