4747 Oak Crest Road #78
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4747 Oak Crest Road #78

Atop 10%

Fallbrook, CA 92028

$258,000

Pass at asking: -$645/mo full cashflow at 20% down, 7.43% rate.

Works at $173,952 (33% under asking), or at 57% down.

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

Beds

2

Baths

2

Sqft

1,248

Year Built

1977

Days on Market

81

Property Type

Manufactured

HOA/mo

$494

MLS ID

SW26183266

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

About This Property

Nestled in the quiet 55+ Senior Community of OAK CREST ESTATES is this charming 2 bedroom and 2 bath manufactured home. OAK CREST ESTATES is a CO-OP land ownership with 8.5 acres lush, oak-lined and forest views. The spacious living room open's into the dinning area. Directly across is the kitchen. The kitchen has a view window, stainless steel sink, breakfast counter and an abundance of cabinetry. The primary room has a ceiling fan, walk-in closet and it's own primary bathroom with huge bathtub. A Jack & Jill bathroom connects the guest bedroom and laundry room. The laundry room has plenty of countertops and storage cabinets. HOA fees cover WATER, SEWER AND TRASH. Oak Crest offers social activities, recreation room, library, heated pool & Spa. Close to town and 15 freeway.

Mortgage Calculator

Est. Monthly Payment

$2,261

Principal & Interest$1,433
Property Tax$258
Insurance$75
HOA$494
%($51,600)
%
Loan Term

Location

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Investment Score

79A
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

+$117
Full Cashflow

Incl. vacancy, PM, maint, capex

-$645

What would make this work?

$645/mo short at 20% down; 57% down or +$838/mo rent closes it.

Break-even price

33% under asking

$173,952
Break-even rent

$838/mo above the estimate

$3,215/mo
Cashflow at 35% down
−$376/mo
Down payment to break even

$147,060 cash

57%
Rate to break even

at 20% down

2.24%

Mortgage (P+I)
$1,433
Cap Rate
4.22%
Cash-on-Cash
-15.00%
DSCR

Need ≥ 1.25 for DSCR loan

1.05

NOI (Annual)
$10,886
Price-to-Rent

Lower = better for investors

9.0

* 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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ACashflow−$645/mo