445 Poets Square
Btop 30%Fallbrook, CA 92028
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: -$3,143/mo full cashflow at 20% down, 7.43% rate.
Works at $449,840 (48% under asking), or at 73% down.
Rent $4,688/mo from 10 leases of 3–5 bed houses within 2 mi ($4,044–$4,504).
Beds
4
Baths
3
Sqft
2,414
Year Built
2003
Days on Market
148
Property Type
Single Family
HOA/mo
$155
MLS ID
NDP2605558
This property is in Fallbrook (92028). Browse neighborhood analytics →
About This Property
Homes in this private, gated community don't come on the market often! This home lives like a single story and offers the best flex solutions, with 2 bedrms/2 baths down and 2 bedrms/1 bath and bonus space upstairs. Whether seeking multi-generational living, private work from home options or separated living, such as room mates with varying work schedules, this home has a floor plan you're sure to appreciate! The primary bedroom suite, with separate soaking tub from shower and spacious walk in closet, is located on the main level. A second, generously sized bedroom and 3/4 bath is also on the main level, perfect for guests, a private office, anyone not wishing to navigate the stairs. On the second level, you'll find 2 addl bedrooms and Jack-n-Jill bath, plus loads of bonus space and a great office option. The spacious kitchen boasts granite counters, stainless appliances, gas oven, cozy eat-in breakfast nook and plenty of storage! Soaring ceiling in great room with fireplace and a full wall of windows to view the backyard, adjacent horse pasture and rolling hills. Backyard oasis packs a lot of punch with a private heated spa, deck, outdoor dining, cozy firepit lounge area, garden features and play zones. Solar fully owned. Escape to quiet country living while remaining community close. W/in 1 mile of Fallbrook Towne Centre and Ammunition Rd access to Camp Pendleton. Easy commute to SR 76, I-5, I-15 and all your favorites. Welcome home!
Mortgage Calculator
Est. Monthly Payment
$6,037
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.
Comparable Properties
5 comps foundThis Property
$4,688
Comp Average
$4,590
613 Carnation Lane
4bd / 3ba · 2,515 sqft · Single Family
$840K
Est. $4,741/mo
5014 Lake Circle Road
4bd / 2.5ba · 2,462 sqft · Single Family
$785K
Est. $4,331/mo
35540 Asturian Way
4bd / 3ba · 2,445 sqft · Single Family
$859K
Est. $4,666/mo
364 Misaki
4bd / 3ba · 2,445 sqft · Single Family
$890K
Est. $4,359/mo
2399 Paige Circle
4bd / 4ba · 2,400 sqft · Single Family
$1.13M
Est. $4,853/mo
Comps based on same zip code, similar beds (±1), price range (60-150%).
Investment Score
10 leases of 3–5 bed houses within 2 mi · $4,044–$4,504
Blended 50/50 with the zip's market median ($5,086)
Rent − PITIA
Incl. vacancy, PM, maint, capex
What would make this work?
$3,143/mo short at 20% down; 73% down or +$4,082/mo rent closes it.
- Break-even price
- $449,840
- Break-even rent
- $8,770/mo
- Cashflow at 35% down
- −$2,248/mo
- Down payment to break even
- 73%
- Rate to break even
- Not reachable
48% under asking
$4,082/mo above the estimate
$627,070 cash
Negative even at a 0% loan
Need ≥ 1.25 for DSCR loan
Lower = better for investors
* 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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