4650 Dulin Rd #232
1 / 20

4650 Dulin Rd #232

Ctop 80%

Fallbrook, CA 92028

$589,000

Pass at asking: -$3,076/mo full cashflow at 20% down, 7.43% rate.

Works at $188,569 (68% under asking), or at 96% down.

Rent $2,377/mo: zip market median for this bed count.

Beds

2

Baths

2

Sqft

1,720

Year Built

1987

Days on Market

65

Property Type

Manufactured

HOA/mo

$382

MLS ID

NDP2608388

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

Virtual Tour

About This Property

On the golf course!! Rancho Monserate Country Club is a 55 plus resort like community and you own the land. Only 19 homes are located on the golf course. This home provides an abundance of light with high ceilings... floor to ceiling windows that take advantage of the incredible views. A huge deck provides plenty of room for entertaining, and a place to enjoy the afternoon breeze and amazing sunsets. The oversized carport is enclosed with plenty of room for storage and parking. Must see!

Mortgage Calculator

Est. Monthly Payment

$4,415

Principal & Interest$3,272
Property Tax$589
Insurance$172
HOA$382
%($117,800)
%
Loan Term

Location

Loading map...

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

26C
Est. Monthly Rent
$2,377

Zip market median for this bed count

Thin data: no closed leases like this one nearby.

Monthly Cashflow

Rent − PITIA

-$2,038
Full Cashflow

Incl. vacancy, PM, maint, capex

-$3,076

What would make this work?

$3,076/mo short at 20% down; 96% down or +$3,994/mo rent closes it.

Break-even price

68% under asking

$188,569
Break-even rent

$3,994/mo above the estimate

$6,371/mo
Cashflow at 35% down
−$2,462/mo
Down payment to break even

$565,440 cash

96%
Rate to break even

Negative even at a 0% loan

Not reachable

Mortgage (P+I)
$3,272
Cap Rate
0.64%
Cash-on-Cash
-31.33%
DSCR

Need ≥ 1.25 for DSCR loan

0.54

NOI (Annual)
$3,784
Price-to-Rent

Lower = better for investors

20.6

* 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.

Open Full Calculator
CCashflow−$3,076/mo