4933 Lake Shore Court
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4933 Lake Shore Court

Btop 30%

Fallbrook, CA 92028

$685,000
STR: check · HOA rules unknown · TOT 8%

HOA rules unknown: an HOA can ban stays under 30 days (Civ. Code §4741), and no permit on file shows this one allows them. Get the CC&Rs.

Pass at asking: -$2,700/mo full cashflow at 20% down, 7.43% rate.

Works at $333,564 (51% under asking), or at 77% down.

Rent $3,506/mo from 16 leases of 3-bed houses in 92028 ($3,405–$3,705).

Beds

3

Baths

2

Sqft

1,535

Year Built

1998

Days on Market

68

Property Type

Single Family

HOA/mo

$138

MLS ID

ND26190043

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

Virtual Tour

About This Property

Welcome to this light, bright, and inviting single-story home nestled on a quiet cul-de-sac in Fallbrook! Offering 3 bedrooms, 2 bathrooms, and 1,535 square feet of comfortable living space, this home combines convenience, functionality, and an enjoyable community lifestyle.The spacious family room features vaulted ceilings, a cozy fireplace with gas lighter, and sliding glass doors that bring in plenty of natural light and provide easy access to the backyard. The open-concept kitchen offers tile countertops, an eat-at breakfast bar, recessed lighting, gas stove, newer dishwasher, and stainless steel refrigerator. A charming dining nook with a window seat provides the perfect spot to enjoy your morning coffee or casual meals.The generously sized primary bedroom features vaulted ceilings, a walk-in closet, and an en-suite bathroom with dual sinks, tub/shower combination, and private toilet area. Recent improvements include fresh interior paint, new plumbing at the primary bathroom sinks, replaced toilets in both bathrooms, and a new hall bathroom vanity with updated plumbing beneath the sink. Additional flooring upgrades include newer vinyl plank flooring in the kitchen, hallways, and hall bathroom.Enjoy a community pool, clubhouse, tennis courts, walking trails, a seasonal lake, and parks throughout the neighborhood with a very low HOA of $138.00No neighbors directly behind the home give desirable privacy, creating a peaceful setting to enjoy the outdoors. Conveniently located near I-15 and Highway 76, this home offers an excellent commuter location while also being close to the beach and Camp Pendleton.

Mortgage Calculator

Est. Monthly Payment

$4,828

Principal & Interest$3,805
Property Tax$685
Insurance$200
HOA$138
%($137,000)
%
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

46B
Est. Monthly Rent
$3,506

16 leases of 3-bed houses in 92028 · $3,405–$3,705

Blended 50/50 with a property-level estimate

Monthly Cashflow

Rent − PITIA

-$1,322
Full Cashflow

Incl. vacancy, PM, maint, capex

-$2,700

What would make this work?

$2,700/mo short at 20% down; 77% down or +$3,506/mo rent closes it.

Break-even price

51% under asking

$333,564
Break-even rent

$3,506/mo above the estimate

$7,012/mo
Cashflow at 35% down
−$1,986/mo
Down payment to break even

$527,450 cash

77%
Rate to break even

Negative even at a 0% loan

Not reachable

Mortgage (P+I)
$3,805
Cap Rate
2.24%
Cash-on-Cash
-23.65%
DSCR

Need ≥ 1.25 for DSCR loan

0.73

NOI (Annual)
$15,373
Price-to-Rent

Lower = better for investors

16.3

* 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−$2,700/mo