4462 Fallsbrae Rd

4462 Fallsbrae Rd

Ctop 80%

Fallbrook, CA 92028

$1,598,000
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: -$8,150/mo full cashflow at 20% down, 7.36% rate.

Works at $531,543 (67% under asking), or at 94% down.

Rent $5,382/mo from 4 leases of 4-bed houses in 92028 ($4,946–$6,072).

Beds

4

Baths

4

Sqft

3,930

Year Built

1995

Days on Market

283

Property Type

Single Family

HOA/mo

$82

MLS ID

260002637SD

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

About This Property

Perched in one of Fallbrook's most serene and scenic settings, this custom-built estate showcases breathtaking panoramic views, unmatched privacy, and a true sense of peaceful luxury living. Thoughtfully designed to embrace its natural surroundings, the home offers expansive windows and outdoor spaces that capture stunning sunsets and rolling hillside vistas from nearly every angle. The highly functional floor plan lives like a single story, featuring the primary bedroom and main living spaces on the entry level for effortless day-to-day living. Generous gathering areas flow seamlessly to the outdoors, creating an ideal setting for both quiet relaxation and elevated entertaining. With additional living areas and flexible spaces, the property presents a rare opportunity for multi-generational living, extended guest stays, or private work-from-home setups. Whether accommodating family or creating separate retreats within the home, the layout offers versatility without compromising comfort or privacy. A truly special offering that blends custom craftsmanship, natural beauty, and lifestyle flexibility -- all set within a peaceful, private Fallbrook location.

Mortgage Calculator

Est. Monthly Payment

$10,963

Principal & Interest$8,817
Property Tax$1,598
Insurance$466
HOA$82
%($319,600)
%
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

7C
Est. Monthly Rent
$5,382

4 leases of 4-bed houses in 92028 · $4,946–$6,072

Monthly Cashflow

Rent − PITIA

-$5,581
Full Cashflow

Incl. vacancy, PM, maint, capex

-$8,150

What would make this work?

$8,150/mo short at 20% down; 94% down or +$10,584/mo rent closes it.

Break-even price

67% under asking

$531,543
Break-even rent

$10,584/mo above the estimate

$15,966/mo
Cashflow at 35% down
−$6,497/mo
Down payment to break even

$1,502,120 cash

94%
Rate to break even

Negative even at a 0% loan

Not reachable

Mortgage (P+I)
$8,817
Cap Rate
0.70%
Cash-on-Cash
-30.60%
DSCR

Need ≥ 1.25 for DSCR loan

0.49

NOI (Annual)
$11,227
Price-to-Rent

Lower = better for investors

24.7

* 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−$8,150/mo