5014 Lake Circle Road
Atop 10%Fallbrook, CA 92028
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: -$2,776/mo full cashflow at 20% down, 7.43% rate.
Works at $423,464 (46% under asking), or at 71% down.
Rent $4,331/mo from 4 leases of 4-bed houses in 92028 ($3,915–$4,806).
Beds
4
Baths
2.5
Sqft
2,462
Year Built
2001
Days on Market
61
Property Type
Single Family
HOA/mo
$82
MLS ID
NDP2608485
This property is in Fallbrook (92028). Browse neighborhood analytics →
About This Property
No neighbors directly behind you, peaceful hillside views and a backyard made for relaxing or entertaining. Tucked into the Lake Rancho Viejo community in Fallbrook, this spacious 4-bedroom, 3-bath home offers room to spread out, with easy access to I-15 and Highway 76. The kitchen features a large center island, stainless steel appliances, plenty of cabinetry, and a pantry, opening to the family room with a fireplace and built-ins. Separate living and dining areas offer even more space to gather. Upstairs, you'll find all four bedrooms and a conveniently located laundry room. The oversized primary suite includes a private balcony overlooking the hills, a walk-in closet, and a spacious bathroom with dual sinks, a soaking tub, and a separate shower. Enjoy the privacy of your own backyard with two covered patios, a fire pit, and garden beds, all just minutes from the community lake, park, and hiking trails.
Mortgage Calculator
Est. Monthly Payment
$5,457
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
$4,331
Comp Average
$4,641
613 Carnation Lane
4bd / 3ba · 2,515 sqft · Single Family
$840K
Est. $4,741/mo
3950 Hellers Bend
4bd / 3ba · 2,497 sqft · Single Family
$850K
Est. $4,751/mo
445 Poets Square
4bd / 3ba · 2,414 sqft · Single Family
$859K
Est. $4,688/mo
35540 Asturian Way
4bd / 3ba · 2,445 sqft · Single Family
$859K
Est. $4,666/mo
364 Misaki
4bd / 3ba · 2,445 sqft · Single Family
$890K
Est. $4,359/mo
Comps based on same zip code, similar beds (±1), price range (60-150%).
Investment Score
4 leases of 4-bed houses in 92028 · $3,915–$4,806
Blended 50/50 with a property-level estimate
Rent − PITIA
Incl. vacancy, PM, maint, capex
What would make this work?
$2,776/mo short at 20% down; 71% down or +$3,606/mo rent closes it.
- Break-even price
- $423,464
- Break-even rent
- $7,937/mo
- Cashflow at 35% down
- −$1,959/mo
- Down payment to break even
- 71%
- Rate to break even
- Not reachable
46% under asking
$3,606/mo above the estimate
$557,350 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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