4747 Oak Crest Street #103
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4747 Oak Crest Street #103

Atop 10%

Fallbrook, CA 92028

$299,000

Pass at asking: -$960/mo full cashflow at 20% down, 7.43% rate.

Works at $173,952 (42% under asking), or at 67% down.

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

Beds

2

Baths

2

Sqft

1,440

Year Built

1971

Days on Market

61

Property Type

Manufactured

HOA/mo

$494

MLS ID

SW26197897

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

About This Property

Welcome to Oak Crest, a wonderful 55+ community nestled in the scenic hills of Fallbrook, surrounded by majestic oak trees, peaceful streams, and the natural beauty of Southern California.Come enjoy this charming 2-bedroom, 2-bath home, ideally situated on a quiet street with no neighbors directly across from you. The property features an abundance of beautiful succulents and a variety of other plants, making it a wonderful setting for any gardening or plant enthusiast.With a little personal touch, this home offers a wonderful opportunity to make the space your own and create a home that truly reflects your style.Oak Crest offers a welcoming clubhouse with a billiards room and library, along with plenty of activities and opportunities to meet new friends. Residents can also enjoy the inviting heated pool and jacuzzi, all within a peaceful, wooded setting. The HOA includes water, sewer, and trash service and maintains the community’s common areas, helping keep Oak Crest beautiful and inviting for all its residents.

Mortgage Calculator

Est. Monthly Payment

$2,541

Principal & Interest$1,661
Property Tax$299
Insurance$87
HOA$494
%($59,800)
%
Loan Term

Location

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Investment Score

74A
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

-$164
Full Cashflow

Incl. vacancy, PM, maint, capex

-$960

What would make this work?

$960/mo short at 20% down; 67% down or +$1,247/mo rent closes it.

Break-even price

42% under asking

$173,952
Break-even rent

$1,247/mo above the estimate

$3,624/mo
Cashflow at 35% down
−$648/mo
Down payment to break even

$200,330 cash

67%
Rate to break even

at 20% down

0.36%

Mortgage (P+I)
$1,661
Cap Rate
3.29%
Cash-on-Cash
-19.26%
DSCR

Need ≥ 1.25 for DSCR loan

0.94

NOI (Annual)
$9,840
Price-to-Rent

Lower = better for investors

10.5

* 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−$960/mo