1295 S Cawston Ave #143 · Hemet, CA 92545

$112,000

1 bd · 1.0 ba · 400 sqft · Manufactured · 334 Days on market

Built 2004 1,742 sqft lot $280/sqft · 10% above area Est $102k · 10% over $293/mo HOA · 20% of rent

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Why this score? — see what drove the C- grade

The composite is a weighted blend of 9 inputs, each scored 0–100. Each bar is that input's sub-score; the figure is the points it added to the 100-point composite (weight × sub-score).

• Cash flow +23.3/30.0
• 1% rule +8.0/10.0
• DSCR +7.5/10.0
• Rent growth +3.4/5.0
• ARV discount +3.0/15.0
• Livability +2.6/5.0
• Schools +2.5/10.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

Welcome to Mountain Shadows, a luxury gated 55+ resort community where you own the land—no space rent—and enjoy a lifestyle defined by comfort, convenience, and connection. This impeccably maintained 2004 residence is ideally positioned on a desirable corner lot, offering enhanced privacy with no neighbor on one side and direct access to a tranquil greenbelt setting. The home’s light-filled interior showcases an open-concept design, creating an inviting space for both everyday living and effortless entertaining. Thoughtfully upgraded, the home features rich wood flooring, dual-pane windows, recessed lighting, and central air and heat for year-round comfort. The well-appointed kitchen is both functional and stylish, complete with a propane stove, built-in microwave, refrigerator, and abundant cabinetry—including secure storage for added peace of mind. Step outside to a serene, low-maintenance outdoor environment highlighted by tasteful xeriscape landscaping and an insulated shed, perfect for additional storage or hobby space. The home’s prime location places you just moments from the community’s beautifully appointed clubhouses and resort-style amenities. Residents of Mountain Shadows enjoy a vibrant, active lifestyle with access to a sparkling pool, relaxing spa, and a full calendar of social events designed to foster connection and community. With a low HOA of $293/month covering water, sewer, trash, basic cable, and internet, this property offers exceptional value in a premier setting. Ideally situated near Temecula’s renowned wineries, Old Town, shopping, and medical facilities, this is resort living at its finest. Home is located in a LOW TAX area. Schedule your private tour today and don't miss this beautiful oasis.

Key facts

• 1,742 sq ft lot
• Community pool
• Built 2004

What this means for you Summary

Snapshot

• This is a 1-bed/1.0-bath manufactured listed at $112k.

Deal economics

• At list price, monthly cash flow is $204 ($2k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($1k rent vs $112k).
• Recommended offer: $99k (12.0% below list) — sets the bar for market timing.
• Cap rate 8.5% vs local median 4.9% in Hemet — top-decile yield for the area; either an underpriced asset or a hidden risk that comps aren't pricing in. Stress-test before assuming the spread holds.

Location & tenants

• Location reads 51/100 on livability (#1,056 in CA) — a working-class tenant base; expect higher turnover. Strengths: housing A+; Watch: crime D+, schools F, amenities F.
• Hemet Unified (suburban): math 19% / reading 41% proficiency, ranked #360 of 517 in CA (top 70%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases; 66% free/reduced lunch — lower-income household profile, screen leases tightly.
• Market conditions: Rents rising (+3.7%/yr); 290 active listings in the ZIP; 9,195 units permitted in Riverside County in 2024 (1,512 in 5+ unit buildings).

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $774 of loan paydown is wiped out by about $3k of value loss. Plan a longer hold.
• Riverside County population projected at +22% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.

Negotiation context

• It's been on market 334 days — a 12% lower offer ($99k) is reasonable based on typical stale-listing flexibility.
• Current owner paid $25k; list at $112k implies a 348% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Watch-outs: HOA is 20% of rent.
• Climate carrying-cost: moderate flood risk; major wildfire risk; extreme-heat days projected 6→18/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $98,560 (12.0% below list)

Questions for the listing agent

1. It's been on market 334 days. Have you received any prior offers? Is the seller open to a 12% concession, seller financing, or rate buy-down credit?
2. What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
3. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
4. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
5. Schools are F-rated, which usually means shorter tenancies and higher turnover. Who's the typical renter profile here, and what's been the actual vacancy rate?
6. Crime grade is D in this area — have there been break-ins, vandalism, or insurance claims at this property in the last 3 years? What carrier currently insures it and at what premium?
7. What's the average days-on-market for RENTAL listings here right now (not sales)? A rising rental-DOM trend means longer vacancies and softer asking-rent achievability than the comps imply.
8. What's the recent tenant-quality profile in this submarket — average credit score on applications, eviction rate, late-payment / NSF rate, and stable-employment percentage? A property-management company in the area should have these aggregated.
9. How much new for-sale + rental construction is in the pipeline within 1–3 miles? Heavy new supply typically softens prices + rents 12–24 months out; constrained supply supports both.

Investment metrics

• 1% rule: 1.30% ✓
• Cap rate: 8.48%
• Cash-on-cash: 7.81%
• DSCR: 1.35
• GRM: 6.4

CMA / ARV

• ARV (median comp): $101,797
• List price: $112,000
• Delta: 10.02%
• Verdict: OVERPRICED
• Comps: 10 within 1.0 mi

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
1295 S Cawston Ave #359	0.10mi	1/1.0	400 (0%)	0mo	$75,000	$188	95
1295 S Cawston Ave #249	0.11mi	1/1.0	400 (0%)	5mo	$110,000	$275	91
1295 S Cawston #271	0.15mi	1/1.0	400 (0%)	5mo	$115,000	$288	89
1295 S Cawston #319	0.10mi	1/1.0	400 (0%)	8mo	$79,500	$199	89
1295 S Cawston Ave #378	0.10mi	1/1.0	400 (0%)	9mo	$95,000	$238	88
1295 S Cawston Ave #82	0.11mi	1/1.0	400 (0%)	11mo	$115,000	$288	85
1295 S Cawston Ave #185	0.05mi	1/1.0	400 (0%)	16mo	$100,000	$250	85
1295 Cawston #124	0.11mi	1/1.0	400 (0%)	13mo	$125,500	$314	84
1295 S Cawston Ave #236	0.11mi	1/1.0	400 (0%)	14mo	$70,000	$175	84
1295 S Cawston Ave #297	0.18mi	1/1.5	400 (0%)	9mo	$135,000	$338	82
1295 S Cawston Ave #433	0.10mi	1/1.0	420 (+5%)	7mo	$119,100	$284	81
1295 S Cawston Ave #119	0.08mi	1/1.0	400 (0%)	19mo	$145,000	$363	81

Match score weights: distance 35% · size 25% · config 20% · recency 20%. Top-matched comps best support the ARV.

Projected returns pro-forma

-3.0% appreciation · 3.74% rent growth · sell at horizon

5-year hold

• IRR: -3.3%
• Equity multiple: 0.87×
• Total profit: $-3,929
• Equity at exit: $16,700

10-year hold

• IRR: 7.4%
• Equity multiple: 1.59×
• Total profit: $18,405
• Equity at exit: $9,684

Cash invested: $31,360 (down + closing). Projections, not guarantees.

Landlord ↔ Tenant lean methodology

• Overall (STATE): 18 Strongly Tenant-Friendly
• State California: 18 Strongly Tenant-Friendly · D+13
• County: — inherits STATE
• City: — inherits STATE

AB1482 statewide rent cap (10% + CPI). Cities (SF/LA/Berkeley) layer stricter rules. Just-cause statewide.

Methodology + full state rankings →

ZIP-level market 92545

• Home prices YoY: -24.6%
• Rents YoY: 3.7%
• Active inventory: 290
• Price-to-rent: 6.4×

Monthly cashflow live

• Estimated rent: $1,461 medium
• Mortgage (P&I): −$587
• Tax from tax record: −$24 /mo · $282/yr
• Insurance: −$47
• HOA: −$293
• Vacancy / Maint / Mgmt: −$307
• Net cashflow: $204

Break-even live

Break-even rent $1,203

Max offer price $112,000

Occupancy floor 81%

UW: 25.0% down · 7.5% · 30yr · 1.5% tax · 5.0% vac · 8.0% maint · 8.0% mgmt

Financing live

Cash to close

• Down payment: $28,000
• Closing costs: $3,360
• Reserves months: —
• Total cash needed: —

HOA detail

• Monthly dues: $293 · $3,516/yr
• Likely covers: watersewertrashinternetcablelandscapingpoolsecurity

Listing history 21 events

1. 2026-06-18
   days on market $112,000 Active 334 DOM
2. 2026-06-17
   days on market $112,000 Active 333 DOM
3. 2026-06-16
   days on market $112,000 Active 332 DOM
4. 2026-06-15
   days on market $112,000 Active 331 DOM
5. 2026-06-13
   days on market $112,000 Active 329 DOM
6. 2026-06-09
   days on market $112,000 Active 325 DOM
7. 2026-06-08
   days on market $112,000 Active 324 DOM
8. 2026-06-07
   days on market $112,000 Active 323 DOM
9. 2026-06-04
   days on market $112,000 Active 320 DOM
10. 2026-06-03
    days on market $112,000 Active 319 DOM
11. 2026-06-02
    days on market $112,000 Active 318 DOM
12. 2026-06-01
    days on market $112,000 Active 317 DOM
13. 2026-05-31
    days on market $112,000 Active 316 DOM
14. 2026-04-30
    price $112,000 1792-char remark

    Show marketing remark (1792 chars)

    Welcome to Mountain Shadows, a luxury gated 55+ resort community where you own the land—no space rent—and enjoy a lifestyle defined by comfort, convenience, and connection. This impeccably maintained 2004 residence is ideally positioned on a desirable corner lot, offering enhanced privacy with no neighbor on one side and direct access to a tranquil greenbelt setting. The home’s light-filled interior showcases an open-concept design, creating an inviting space for both everyday living and effortless entertaining. Thoughtfully upgraded, the home features rich wood flooring, dual-pane windows, recessed lighting, and central air and heat for year-round comfort. The well-appointed kitchen is both functional and stylish, complete with a propane stove, built-in microwave, refrigerator, and abundant cabinetry—including secure storage for added peace of mind. Step outside to a serene, low-maintenance outdoor environment highlighted by tasteful xeriscape landscaping and an insulated shed, perfect for additional storage or hobby space. The home’s prime location places you just moments from the community’s beautifully appointed clubhouses and resort-style amenities. Residents of Mountain Shadows enjoy a vibrant, active lifestyle with access to a sparkling pool, relaxing spa, and a full calendar of social events designed to foster connection and community. With a low HOA of $293/month covering water, sewer, trash, basic cable, and internet, this property offers exceptional value in a premier setting. Ideally situated near Temecula’s renowned wineries, Old Town, shopping, and medical facilities, this is resort living at its finest. Home is located in a LOW TAX area. Schedule your private tour today and don't miss this beautiful oasis.

15. 2026-03-18
    price $115,000 1792-char remark

    Show marketing remark (1792 chars)

    Welcome to Mountain Shadows, a luxury gated 55+ resort community where you own the land—no space rent—and enjoy a lifestyle defined by comfort, convenience, and connection. This impeccably maintained 2004 residence is ideally positioned on a desirable corner lot, offering enhanced privacy with no neighbor on one side and direct access to a tranquil greenbelt setting. The home’s light-filled interior showcases an open-concept design, creating an inviting space for both everyday living and effortless entertaining. Thoughtfully upgraded, the home features rich wood flooring, dual-pane windows, recessed lighting, and central air and heat for year-round comfort. The well-appointed kitchen is both functional and stylish, complete with a propane stove, built-in microwave, refrigerator, and abundant cabinetry—including secure storage for added peace of mind. Step outside to a serene, low-maintenance outdoor environment highlighted by tasteful xeriscape landscaping and an insulated shed, perfect for additional storage or hobby space. The home’s prime location places you just moments from the community’s beautifully appointed clubhouses and resort-style amenities. Residents of Mountain Shadows enjoy a vibrant, active lifestyle with access to a sparkling pool, relaxing spa, and a full calendar of social events designed to foster connection and community. With a low HOA of $293/month covering water, sewer, trash, basic cable, and internet, this property offers exceptional value in a premier setting. Ideally situated near Temecula’s renowned wineries, Old Town, shopping, and medical facilities, this is resort living at its finest. Home is located in a LOW TAX area. Schedule your private tour today and don't miss this beautiful oasis.

16. 2026-01-23
    price $119,000 1792-char remark

    Show marketing remark (1792 chars)

    Welcome to Mountain Shadows, a luxury gated 55+ resort community where you own the land—no space rent—and enjoy a lifestyle defined by comfort, convenience, and connection. This impeccably maintained 2004 residence is ideally positioned on a desirable corner lot, offering enhanced privacy with no neighbor on one side and direct access to a tranquil greenbelt setting. The home’s light-filled interior showcases an open-concept design, creating an inviting space for both everyday living and effortless entertaining. Thoughtfully upgraded, the home features rich wood flooring, dual-pane windows, recessed lighting, and central air and heat for year-round comfort. The well-appointed kitchen is both functional and stylish, complete with a propane stove, built-in microwave, refrigerator, and abundant cabinetry—including secure storage for added peace of mind. Step outside to a serene, low-maintenance outdoor environment highlighted by tasteful xeriscape landscaping and an insulated shed, perfect for additional storage or hobby space. The home’s prime location places you just moments from the community’s beautifully appointed clubhouses and resort-style amenities. Residents of Mountain Shadows enjoy a vibrant, active lifestyle with access to a sparkling pool, relaxing spa, and a full calendar of social events designed to foster connection and community. With a low HOA of $293/month covering water, sewer, trash, basic cable, and internet, this property offers exceptional value in a premier setting. Ideally situated near Temecula’s renowned wineries, Old Town, shopping, and medical facilities, this is resort living at its finest. Home is located in a LOW TAX area. Schedule your private tour today and don't miss this beautiful oasis.

17. 2025-11-23
    price $120,000 1792-char remark

    Show marketing remark (1792 chars)

    Welcome to Mountain Shadows, a luxury gated 55+ resort community where you own the land—no space rent—and enjoy a lifestyle defined by comfort, convenience, and connection. This impeccably maintained 2004 residence is ideally positioned on a desirable corner lot, offering enhanced privacy with no neighbor on one side and direct access to a tranquil greenbelt setting. The home’s light-filled interior showcases an open-concept design, creating an inviting space for both everyday living and effortless entertaining. Thoughtfully upgraded, the home features rich wood flooring, dual-pane windows, recessed lighting, and central air and heat for year-round comfort. The well-appointed kitchen is both functional and stylish, complete with a propane stove, built-in microwave, refrigerator, and abundant cabinetry—including secure storage for added peace of mind. Step outside to a serene, low-maintenance outdoor environment highlighted by tasteful xeriscape landscaping and an insulated shed, perfect for additional storage or hobby space. The home’s prime location places you just moments from the community’s beautifully appointed clubhouses and resort-style amenities. Residents of Mountain Shadows enjoy a vibrant, active lifestyle with access to a sparkling pool, relaxing spa, and a full calendar of social events designed to foster connection and community. With a low HOA of $293/month covering water, sewer, trash, basic cable, and internet, this property offers exceptional value in a premier setting. Ideally situated near Temecula’s renowned wineries, Old Town, shopping, and medical facilities, this is resort living at its finest. Home is located in a LOW TAX area. Schedule your private tour today and don't miss this beautiful oasis.

18. 2025-07-31
    price $124,000 1792-char remark

    Show marketing remark (1792 chars)

    Welcome to Mountain Shadows, a luxury gated 55+ resort community where you own the land—no space rent—and enjoy a lifestyle defined by comfort, convenience, and connection. This impeccably maintained 2004 residence is ideally positioned on a desirable corner lot, offering enhanced privacy with no neighbor on one side and direct access to a tranquil greenbelt setting. The home’s light-filled interior showcases an open-concept design, creating an inviting space for both everyday living and effortless entertaining. Thoughtfully upgraded, the home features rich wood flooring, dual-pane windows, recessed lighting, and central air and heat for year-round comfort. The well-appointed kitchen is both functional and stylish, complete with a propane stove, built-in microwave, refrigerator, and abundant cabinetry—including secure storage for added peace of mind. Step outside to a serene, low-maintenance outdoor environment highlighted by tasteful xeriscape landscaping and an insulated shed, perfect for additional storage or hobby space. The home’s prime location places you just moments from the community’s beautifully appointed clubhouses and resort-style amenities. Residents of Mountain Shadows enjoy a vibrant, active lifestyle with access to a sparkling pool, relaxing spa, and a full calendar of social events designed to foster connection and community. With a low HOA of $293/month covering water, sewer, trash, basic cable, and internet, this property offers exceptional value in a premier setting. Ideally situated near Temecula’s renowned wineries, Old Town, shopping, and medical facilities, this is resort living at its finest. Home is located in a LOW TAX area. Schedule your private tour today and don't miss this beautiful oasis.

19. 2025-07-19
    listed $129,500 Active 1792-char remark

    Show marketing remark (1792 chars)

    Welcome to Mountain Shadows, a luxury gated 55+ resort community where you own the land—no space rent—and enjoy a lifestyle defined by comfort, convenience, and connection. This impeccably maintained 2004 residence is ideally positioned on a desirable corner lot, offering enhanced privacy with no neighbor on one side and direct access to a tranquil greenbelt setting. The home’s light-filled interior showcases an open-concept design, creating an inviting space for both everyday living and effortless entertaining. Thoughtfully upgraded, the home features rich wood flooring, dual-pane windows, recessed lighting, and central air and heat for year-round comfort. The well-appointed kitchen is both functional and stylish, complete with a propane stove, built-in microwave, refrigerator, and abundant cabinetry—including secure storage for added peace of mind. Step outside to a serene, low-maintenance outdoor environment highlighted by tasteful xeriscape landscaping and an insulated shed, perfect for additional storage or hobby space. The home’s prime location places you just moments from the community’s beautifully appointed clubhouses and resort-style amenities. Residents of Mountain Shadows enjoy a vibrant, active lifestyle with access to a sparkling pool, relaxing spa, and a full calendar of social events designed to foster connection and community. With a low HOA of $293/month covering water, sewer, trash, basic cable, and internet, this property offers exceptional value in a premier setting. Ideally situated near Temecula’s renowned wineries, Old Town, shopping, and medical facilities, this is resort living at its finest. Home is located in a LOW TAX area. Schedule your private tour today and don't miss this beautiful oasis.

20. 2002-04-10
    soldstatus $25,000
21. 1989-09-26
    soldstatus $19,500

ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot backfill from property_details.listing_events for pre-trigger history.

Tax reassessment forecast CA · Resets to sale price

• Current annual tax: $282 · $24/mo
• Projected year-2 tax: $851 · $71/mo
• Expected delta: +$569/yr (+$47/mo · 201.8%)

ⓘ Screening estimate from a state-policy table — verify with the county assessor before closing.

Climate risk First Street

• 🌊 Flood 5/10 Major FEMA zone X (shaded) · 62% chance over 30 yrs
• 🔥 Wildfire 7/10 Severe
• 🌡 Heat 7/10 Severe 6 d/yr ≥104°F today · 18 d/yr by 30 yrs out
• 💨 Wind 1/10 Low
• 🫁 Air quality 6/10 Major 9 unhealthy d/yr today · 11 by 30 yrs out

Taxation est. · year 1

• Rental income: $17,537
• − Mortgage interest: −$6,274
• − Property taxes: −$282
• − Insurance: −$560
• − Repairs & maintenance: −$1,403
• − Management: −$1,403
• − HOA: −$3,516
• − Depreciation: −$3,258
• Taxable income: $841
• Est. tax owed @ 24.0%: −$202
• After-tax cash flow: $2,246/yr

For passive investors: Depreciation is non-cash, so a rental often shows a tax loss while cash-flowing — sheltering income. Rental losses are passive: they offset passive income freely, and up to $25,000/yr can offset ordinary (W-2) income if you actively participate and your MAGI is under $100k (phasing out to $0 by $150k); unused losses carry forward. On sale, claimed depreciation is recaptured at up to 25%, and gains may owe capital-gains tax (a 1031 exchange can defer both). Figures are a year-1 estimate at your 24.0% rate — not tax advice; consult a CPA.

Schools (NCES district)

• District: Hemet Unified
• NCES district ID: 0616920
• Math proficiency: 19% ▼ -3.00%
• Reading proficiency: 41% ▲ 4.00%
• Median HH income: $39,962
• Composite: 25.16/100
• National rank: #7517
• State rank: #360 of 517 in CA

Livability — Hemet

• Score: 51/100
• State rank: #1056
• US rank: #25208

Category grades

Amenities F Commute F Cost of living F Crime D+ Employment F Housing A+ Health & safety F User ratings F

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Hemet, CA
• County: Riverside County · 2,287,001 people
• City population: 137,670
• Metro: Riverside-San Bernardino-Ontario, CA
• Population (ZIP): 45,982
• Household income: $63,770
• Rent vs Own: 28.8% rent · 71.2% own
• Severe rent burden: 1813.0

Population outlook (Riverside County) Hauer SSP2

• Today (2025): 2,664,475 people
• By 2030: 2,802,692 · +5.2%
• By 2040: 3,050,904 · +14.5%
• By 2050: 3,256,783 · +22.2%
• By 2075: 3,655,058 · +37.2%
• By 2100: 3,766,594 · +41.4%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Diverse neighborhood (Simpson 0.65)
• Race & ethnicity: Hispanic / Latino 46% White 35% Two or more races 17% Black 8% Asian 5% Native American 1%
• Hispanic origin (detail): Mexican 40%
• Common ancestry: Slovak 2% Lithuanian 2% Portuguese 1%
• Foreign-born: 19% · Canada, Vietnam, Jamaica
• Languages at home: 69% English-only · Spanish 27% Tagalog/Filipino 1% Other Indo-European 1%

Political lean MEDSL · Riverside

• 2024 margin: Toss-up / Even · D 48.0% · R 49.3% · Other 2.6%
• 2008→2024 swing: -3.6pp toward R · 2008: 2.3pp · 2024: -1.3pp
• All cycles: 2024: R+1.3 2020: D+8.0 2016: D+4.3 2012: R+0.4 2008: D+2.3

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -116.25%
• Current HPI: 356.9414
• Rent YoY: ▲ 3.74%
• Metro: Riverside-San Bernardino-Ontario, CA
• State GDP YoY: ▲ 3.21%
• F500 in state: 116

Industry mix (Fortune 500 HQ in CA)

Industry	F500 HQs	Revenue
▸Technology	27	$1,492B
▸Financial Services	3	$174B
▸Retail	3	$44B
▸Insurance	3	$26B
▸Media / Entertainment	2	$115B
▸Pharmaceuticals / Biotech	2	$62B

Price history

+474.4% since first listed

8 events — show timeline

• 2026-04-30 Price Changed $112,000 CRMLS
• 2026-03-18 Price Changed $115,000 CRMLS
• 2026-01-23 Price Changed $119,000 CRMLS
• 2025-11-23 Price Changed $120,000 CRMLS
• 2025-07-31 Price Changed $124,000 CRMLS
• 2025-07-19 Listed $129,500 CRMLS
• 2002-04-10 Sold (Public Records) $25,000 Public Records
• 1989-09-26 Sold (Public Records) $19,500 Public Records

Property tax history

+0.9%/yr

Latest (2014): $282 · -2.6% YoY. Source: county tax records.