Regulations prevent us from showing live opportunities here. These are not actual properties, but an example of our marketplace and its functionality. Sign up for free to see live opportunities.*
3674 Fallen Oak Rd, Fallbrook, California 92023, US
Est. IRR
The annual compounded rate of return an investment is expected to generate over a specific period of time.15.14%
Est. Yield
The average annual cash an investment is expected to earn over one year as a percent of the investment amount (also called "cash-on-cash").N/A
Est. Equity Multiple
The return an investor is expected to receive, as a multiple of the investment amount.N/A
Key Stats
Last updated: December 6, 2022, 10:14 pm
Est. IRR
The annual compounded rate of return an investment is expected to generate over a specific period of time.15.14%
Est. Property Value
The most recent estimated value, most commonly the purchase price of the property.$1,723,556
Beds / Baths
4 bd / 2 ba
Year Built / Renovated
2006 / 2020
Sq. Ft.
3,613
Discount to FMV
The discount to the current Property Value that is embedded in the HEA at issuance. This discount enables the Investor to potentially receive positive returns even if the value of the underlying home value falls.39%
Discounted Value
$1,051,369
Asset Class (Home Equity Investment)
About
Home Equity Investment in Fallbrook, CA
This owner-occupied home with 4 beds and 2 baths is located close to River Village Plaza (2.5 mi), North Coast Church Fallbrook (5.9 mi), and Guajome County Park (7.0 mi).
The home sits on 2.62 acres with a total interior space of 3,613 square feet. The property was originally built in 2002 and was renovated in 2020, and includes air conditioning, a dishwasher, and an HVAC system.
Local schools include Bonsall Elementary School (2.5 mi) with a 7/10 rating, Sullivan Middle School (5.8 mi) with a 4/10 rating, and Bonsall High School (6.0 mi) with a 4/10 rating. Nearby colleges include MiraCosta College (12.6 mi), Palomar College (15.2 mi), and the University of St. Augustine for Health Sciences (17.1 mi).
The largest employers in the area include Tri-City Medical Center (12.2 mi), MiraCosta College (12.6 mi), and General Atomics Aeronautical Systems (13.7 mi).
The business plan would be classified as a long-term hold strategy because you are buying home equity at a discount to its fair market value.
5 Highlights about this deal:
-
The property is valued at $1,723,556 with a Zillow Zestimate of $1,421,100 (Nov 2022).
-
The house was acquired in 2008 for $934,000.
-
Similar properties within 2 miles have sold between $950,000 to $1,300,000 in the last 1 year.
-
Zillow notes a growth of 10.5% in property prices over the last 1 year in the Fallbrook area.
-
Convenient access to the 15 freeway connects Fallbrook to nearby Temecula, Escondido, and San Diego.
Market Highlights
Closest School
Bonsall Elementary School(2.5 mi)
School
Closest University
MiraCosta College(12.6 mi)
University
Closest Fortune 500 Headquarters
Qualcomm(38.4 mi)
Industry: Semiconductors & Other Electronics
Closest Employer
Tri-City Medical Center(12.2 mi)
Industry: Healthcare
Local Employees: 1,831
Closest Transit
College Boulevard(10.7 mi)
Transit
Closest Airport
McClellan-Palomar Airport(18.3 mi)
Airport
Solo Star
Management Company
Colin & Co.
Sponsor
On the Map
3674 Fallen Oak Rd, Fallbrook, California 92023, US