6036 Rainbow Heights Road
Dbottom 20%Fallbrook, CA 92028
Pass at asking: -$27,211/mo full cashflow at 20% down, 7.36% rate.
Works at $438,371 (89% under asking); even all cash loses money at asking.
Rent $4,351/mo from 4 leases of 4-bed houses in 92028 ($3,998–$4,908).
Beds
4
Baths
3
Sqft
2,568
Year Built
1970
Days on Market
170
Property Type
Single Family
HOA/mo
N/A
MLS ID
NDP2605061
This property is in Fallbrook (92028). Browse neighborhood analytics →
About This Property
Welcome to Rosa Sattoria, a beautiful Oasis located here in Southern California. This one of a kind 55-acre property inlcudes a residence, approx 30 acres of avocados & even has its own private 2 acre lake. The secluded park-like property includes a two-story private residence with separate maids/guest quarters, & several garages. The lush grounds offer private picnic areas with guest bathrooms and outdoor showers nearby. Get ready for a summer to remember aside the nearly 16ft deep lake! Jet skis, rope swings and a jumping platform provide fun for all ages. The lake is contiguous on the south end to a park-like setting with granite picnic tables and stream-like water features. This property has multiple scenic walking trails, with waterfall features and paved access roads throughout. It also has 3 water meters and 1 operational well on site. Potential space for Horses or Horse facilities could easily be set up. Electric meter, with heavy duty power sources and 220 Volt hookups are located around the property. Several portions of the property have ocean views, which could offer additional development. The property boasts an arboretum with labeled species, genus, and origin, multiple variety of palm trees, in addition to macadamia nut, oranges, lemons, pear, and grapefruit trees. The property is already fenced and there are thousands of feet of paved pathways and trails. Only 8 minutes to the freeway and 35 minutes to the coast! This unique property is truly a once in a lifetime opportunity to own such a special piece of Real Estate! *All figures in this description are approx.
Mortgage Calculator
Est. Monthly Payment
$27,229
Location
Loading map...
Zoned Schools
Elementary
Vallecitos Elementary · grades K-8 · Vallecitos Elementary
Middle
Vallecitos Elementary · grades K-8 · Vallecitos 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
3 comps foundThis Property
$4,351
Comp Average
$5,178
3264 Shearer Crossing
5bd / 2ba · 3,313 sqft · Single Family
$4.20M
Est. $5,976/mo

40390 Ross Road
4bd / 2ba · 1,500 sqft · Single Family
$2.63M
Est. $4,214/mo
1409 Tecalote Drive
5bd / 5ba · 3,635 sqft · Single Family
$3.00M
Est. $5,344/mo
Comps based on same zip code, similar beds (±1), price range (60-150%).
Investment Score
4 leases of 4-bed houses in 92028 · $3,998–$4,908
Rent − PITIA
Incl. vacancy, PM, maint, capex
What would make this work?
$27,211/mo short at 20% down; +$35,338/mo rent closes it.
- Break-even price
- $438,371
- Break-even rent
- $39,689/mo
- Cashflow at 35% down
- −$23,074/mo
- Down payment to break even
- Not reachable
- Rate to break even
- Not reachable
89% under asking
$35,338/mo above the estimate
Negative even all-cash
Negative even at a 0% loan
Need ≥ 1.25 for DSCR loan
Lower = better for investors
* Modelled at 20% down, 7.36% 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.
Open Full Calculator