
5012 Sleeping Indian
Ctop 80%Fallbrook, CA 92028
Pass at asking: -$4,082/mo full cashflow at 20% down, 7.43% rate.
Works at $448,517 (54% under asking), or at 80% down.
Rent $4,474/mo from 16 leases of 3-bed houses in 92028 ($4,077–$4,436).
Beds
3
Baths
2.5
Sqft
2,200
Year Built
1978
Days on Market
81
Property Type
Single Family
HOA/mo
N/A
MLS ID
ND26183507
This property is in Fallbrook (92028). Browse neighborhood analytics →
About This Property
Fallbrook charm, beautiful views, mature fruit trees, solar and a private pool create a truly special Southern California lifestyle. Located in a serene setting with refreshing afternoon breezes and the charm of rural living, this home captures so much of what buyers love about Fallbrook—space, tranquility, character, and an easy connection to the outdoors. NEW LVP flooring in living room, bedrooms and officeThis single-story home features 3 bedrooms plus an office, 2.5 bathrooms and offers character and warmth with high ceilings, a fireplace, built-ins, and an updated kitchen. The primary suite provides everyday convenience, while the home's thoughtful layout offers comfortable spaces for both relaxing and entertaining.The outdoor spaces are where this property truly comes to life. Enjoy your coffee while taking in the amazing views from the deck, relax in the pool and spa, and harvest fresh fruit from the mature fruit trees. Whether you're hosting friends, enjoying a quiet afternoon by the pool, or simply soaking in the peaceful surroundings, the property offers the kind of indoor-outdoor living that makes Fallbrook so desirable. Potential RV parking and additional storage add even more flexibility.This home even comes with 19 SOLAR panels.Conveniently located near the best of Fallbrook and Bonsall, with access to local restaurants, shopping, schools, parks, wineries, and the surrounding North County lifestyle.**If you've been searching for a Fallbrook home with a pool, views, fruit trees, and room to enjoy the Southern California lifestyle, this is one to see.**
Mortgage Calculator
Est. Monthly Payment
$6,710
Location
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Zoned Schools
Elementary
Fallbrook STEM Academy · grades K-6 · Fallbrook Union Elementary
Middle
James E. Potter Intermediate · grades 7-8 · Fallbrook Union Elementary
High
Fallbrook High · grades 9-12 · Fallbrook Union High
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
$4,474
Comp Average
$4,191
915 Cookie
3bd / 2.5ba · 2,275 sqft · Single Family
$850K
Est. $4,307/mo
1019 Riverview Drive
3bd / 3ba · 2,081 sqft · Single Family
$949K
Est. $4,094/mo

3001 Lakemont Drive
3bd / 3ba · 2,318 sqft · Single Family
$949K
Est. $4,075/mo

4880 San Jacinto Circle East
3bd / 2.5ba · 2,276 sqft · Single Family
$1.20M
Est. $4,286/mo
1549 Sleeping Indian Rd
3bd / 2ba · 2,200 sqft · Single Family
$1.45M
Est. $4,191/mo
Comps based on same zip code, similar beds (±1), price range (60-150%).
Investment Score
16 leases of 3-bed houses in 92028 · $4,077–$4,436
Blended 50/50 with a property-level estimate
Rent − PITIA
Incl. vacancy, PM, maint, capex
What would make this work?
$4,082/mo short at 20% down; 80% down or +$5,301/mo rent closes it.
- Break-even price
- $448,517
- Break-even rent
- $9,775/mo
- Cashflow at 35% down
- −$3,061/mo
- Down payment to break even
- 80%
- Rate to break even
- Not reachable
54% under asking
$5,301/mo above the estimate
$784,000 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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