4650 Dulin Road #SPC 100
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4650 Dulin Road #SPC 100

Btop 30%

Fallbrook, CA 92028

$445,000

Pass at asking: -$1,954/mo full cashflow at 20% down, 7.43% rate.

Works at $190,599 (57% under asking), or at 84% down.

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

Beds

2

Baths

2

Sqft

1,536

Year Built

1976

Days on Market

152

Property Type

Manufactured

HOA/mo

$366

MLS ID

NDP2605624

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

Virtual Tour

About This Property

Welcome to effortless California living — where resort-style amenities, lush surroundings, and turn-key comfort come together in one of Fallbrook's most sought-after communities. Nestled within a beautifully manicured, park-like community in the heart of Fallbrook, this charming and thoughtfully updated home offers the perfect blend of peaceful retreat and everyday convenience. With easy access right off the Interstate 15, commuting north to Temecula or south to Escondido and San Diego is an absolute breeze — making this an ideal home base whether you're working or playing. Step inside and be greeted by a bright, airy open floor plan that effortlessly connects living, dining, and kitchen spaces — perfect for entertaining guests or simply enjoying the flow of daily life. The refinished kitchen shines with updated finishes and is ready for your culinary creations, while the remodeled bathroom brings a fresh, modern feel that transforms your daily routine into a spa-like experience. Two generously sized bedrooms offer restful sanctuaries with ample natural light, and the thoughtfully designed layout ensures privacy and comfort for residents and guests alike. With upgraded windows and solar panels, this home has been made far more efficient. A dedicated storage shed rounds out the practical features, giving you a place for every tool, hobby, and seasonal essential — keeping your home as organized as it is beautiful. Outside, the community truly sets this property apart. Stroll along manicured paths, take a dip in the sparkling community pool, or enjoy the serene backdrop of the golf course — a view that never gets old. The meticulously maintained grounds offer a sense of pride and tranquility that you'll feel the moment you arrive. Move-in ready and lifestyle-rich, this is the Fallbrook gem you've been waiting for. Whether you're downsizing with elegance or seeking a low-maintenance California retreat, Space 100 at 4650 Dulin Road checks every box. Schedule your private showing today and discover the community your next chapter deserves. Buyer to verify all.

Mortgage Calculator

Est. Monthly Payment

$3,413

Principal & Interest$2,472
Property Tax$445
Insurance$130
HOA$366
%($89,000)
%
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

48B
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

-$1,036
Full Cashflow

Incl. vacancy, PM, maint, capex

-$1,954

What would make this work?

$1,954/mo short at 20% down; 84% down or +$2,537/mo rent closes it.

Break-even price

57% under asking

$190,599
Break-even rent

$2,537/mo above the estimate

$4,914/mo
Cashflow at 35% down
−$1,490/mo
Down payment to break even

$373,800 cash

84%
Rate to break even

Negative even at a 0% loan

Not reachable

Mortgage (P+I)
$2,472
Cap Rate
1.72%
Cash-on-Cash
-26.34%
DSCR

Need ≥ 1.25 for DSCR loan

0.70

NOI (Annual)
$7,648
Price-to-Rent

Lower = better for investors

15.6

* 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.

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BCashflow−$1,954/mo