
4650 Dulin Road #SPC 45
Btop 30%Fallbrook, CA 92028
An HOA may ban rentals of 30 days or less (Civ. Code §4741): check the CC&Rs.
Pass at asking: -$2,289/mo full cashflow at 20% down, 7.43% rate.
Works at $257,039 (54% under asking), or at 80% down.
Rent $3,060/mo: zip market median for this bed count.
Beds
3
Baths
2
Sqft
1,600
Year Built
2024
Days on Market
89
Property Type
Mfd/Mobile Home
HOA/mo
$382
MLS ID
NDP2607632
This property is in Fallbrook (92028). Browse neighborhood analytics →
About This Property
Amazing value on this newer & beautiful 3-bedroom, 2-bath home at Rancho Monserate Country Club! Modern, bright, and thoughtfully upgraded, this home offers the best of resort-style living—with you owning the land and no monthly space rent. Step inside to 9-foot flat ceilings, dual-pane windows, luxury vinyl plank flooring, recessed lighting, and an open-concept floor plan designed for comfortable everyday living and effortless entertaining. The stylish kitchen features stainless steel appliances, solid-surface countertops, tile backsplash, built-in microwave, glass vent hood, farmhouse sink, deep pots-and-pans drawers, a large island with pendant lighting, coffered ceiling, and a spacious walk-in pantry. All three bedrooms are generously sized and pre-wired for ceiling fans. The spacious primary suite adds even more character with its coffered ceiling and recessed lighting. Step outside to your custom covered wraparound composite deck, the perfect place to relax, entertain, and enjoy the refreshing ocean breezes that flow through the valley. Situated on a desirable corner lot with attractive curb appeal, the home is conveniently close to guest parking and just a short stroll from the beautiful clubhouse. Resort-Style Amenities Your $354/month HOA fee includes access to an incredible 96 acres of amenities, including: Free golf on the lush, beautifully maintained golf course Tennis and pickleball Bocce ball Heated year-round pool and spa Putting green Billiards and table tennis Banquet facilities and card room Library Dog park Community garden Free RV parking Walking and biking trails Historic Mission Chapel Community pond And so much more! Conventional, FHA, and VA financing available. Two pets are allowed with approval. If you've been looking for a new, upgraded home where you own the land, with exceptional amenities and a welcoming resort-style community, this one deserves a look. Come see your new dream home at Rancho Monserate Country Club today!
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Est. Monthly Payment
$4,182
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.
Comparable Properties
5 comps foundThis Property
$3,060
Comp Average
$3,645
4747 Oak Crest Road
3bd / 2ba · 1,368 sqft · Mfd/Mobile Home
$439K
Est. $3,060/mo
35120 Persano
3bd / 2.5ba · 1,753 sqft · Single Family
$690K
Est. $3,962/mo
35281 Persano Place
3bd / 2.5ba · 1,753 sqft · Single Family
$690K
Est. $3,962/mo
4933 Lake Shore Court
3bd / 2ba · 1,535 sqft · Single Family
$685K
Est. $3,506/mo
130 Alva
3bd / 2ba · 1,620 sqft · Single Family
$749K
Est. $3,737/mo
Comps based on same zip code, similar beds (±1), price range (60-150%).
Investment Score
Zip market median for this bed count
Thin data: no closed leases like this one nearby.
Rent − PITIA
Incl. vacancy, PM, maint, capex
What would make this work?
$2,289/mo short at 20% down; 80% down or +$2,972/mo rent closes it.
- Break-even price
- $257,039
- Break-even rent
- $6,032/mo
- Cashflow at 35% down
- −$1,710/mo
- Down payment to break even
- 80%
- Rate to break even
- Not reachable
54% under asking
$2,972/mo above the estimate
$444,000 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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