CashFlowRE
Sign in Sign up
1836 Redtail Hawk Dr Unit RV57G
D Composite 44.27
Why this score? — see what drove the D 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 +15.0/30.0
  • ARV discount +7.5/15.0
  • 1% rule +5.0/10.0
  • DSCR +5.0/10.0
  • Rent growth +3.3/5.0
  • Livability +3.1/5.0
  • Schools +2.9/10.0
  • Condition / age +2.5/5.0
  • Appreciation +0.0/10.0

$3,750

1836 Redtail Hawk Dr Unit RV57G · Eagle Crest, OR 97756
3 bd · 2.0 ba · 1,405 sqft · Timeshare · 1266 Days on market
Built 1993 $3/sqft · 69% below area $300/mo HOA · 13% of rent

🖨 Deal sheet 📄 Offer letter ✓ Due diligence

Listing remarks MLS

Come be an owner of this fantastic 4 week fractional in Eagle Crest Resort! With a view of the Deschutes River and canyon you can relax in style. Take part in all the amenities of the resort like sports centers, gyms, hot tubs, pools, tennis, racquetball, pickle ball, a sauna, hiking, biking, and so much more.

Key facts

  • Community pool
  • Built 1993
  • Listed 1266 days

Neighborhood map

Property Rental comp Retail Transit Schools Stadiums Fortune 500 · Circle radius: 3.0 mi
Loading POIs…

What this means for you Summary

Snapshot

  • This is a 3-bed/2.0-bath timeshare listed at $4k.

Deal economics

  • At list price, monthly cash flow is $2k ($18k/yr) — positive.
  • The deal already cash-flows at list — no discount required.
  • Meets the 1% rule at list price ($2k rent vs $4k).
  • Recommended offer: $3k (12.0% below list) — sets the bar for market timing.
  • Cap rate 491.9% vs local median 1.5% in Eagle Crest — 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 61/100 on livability (#272 in OR) — a middle-class / working-renter tenant base. Strengths: crime A+, employment A+; Watch: health & safety C-, schools D+, amenities F.
  • Redmond SD 2J (town): math 24% / reading 42% proficiency, ranked #28 of 58 in OR (top 48%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
  • Market conditions: Rents rising (+3.4%/yr); 731 active listings in the ZIP; solid renter incomes; 1,624 units permitted in Deschutes County in 2024 (391 in 5+ unit buildings).
  • This rent runs 32% of the median local income ($87k/yr) — at the standard rent-burdened threshold; future hikes will face affordability resistance.

Forward outlook

  • Local home prices are declining (-3.0%/yr); year-one equity from $26 of loan paydown is wiped out by about $112 of value loss. Plan a longer hold.
  • Deschutes County population projected at +38% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.
  • At projected returns (-3.0% appreciation + 3.4% rent growth), your $1k cash investment doubles in ~1 year — after that, you're playing with house money.

Negotiation context

  • It's been on market 1266 days — a 12% lower offer ($3k) is reasonable based on typical stale-listing flexibility.
  • 3 sale attempts since 4y ago; this cycle's ask has dropped $9k (70%) from the opening price — seller is motivated, your offer sets the floor, not the list.

Risks & watch-outs

  • Climate carrying-cost: major wildfire risk — expect insurance premiums to compound above CPI over the hold.
Recommended offer $3,300 (12.0% below list)

Questions for the listing agent

  1. It's been on market 1266 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 D-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. The area grade is low — what's the realistic commute time and amenity access for the typical tenant pool here? Any planned neighborhood developments (good or bad) we should know about?
  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
62.23%
Cap rate
491.90%
Cash-on-cash
1734.32%
DSCR
78.17
GRM
0.1

CMA / ARV

ARV (median comp)
$12,037
List price
$3,750
Delta
-68.85%
Verdict
UNDERPRICED
Comps
20 within 1.0 mi

Projected returns pro-forma

-3.0% appreciation · 3.39% rent growth · sell at horizon

5-year hold
IRR
Equity multiple
93.56×
Total profit
$97,184
Equity at exit
$559
10-year hold
IRR
Equity multiple
204.60×
Total profit
$213,775
Equity at exit
$324

Cash invested: $1,050 (down + closing). Projections, not guarantees.

Landlord ↔ Tenant lean methodology

Overall (STATE)
28 Tenant-Leaning
State Oregon
28 Tenant-Leaning · D+6
County
— inherits STATE
City
— inherits STATE
SB608 (2019): statewide rent cap (7% + CPI) and just-cause for tenancies > 1 yr. Portland has relocation assistance ordinance.

ZIP-level market 97756

Rents YoY
3.4%
Active inventory
731
Price-to-rent
0.1×

Monthly cashflow live

Estimated rent
$2,333 medium interval (Pro) →
Mortgage (P&I)
$20
Tax est. 1.5%
$5 /mo · $56/yr
Insurance
$2
HOA
$300
Vacancy / Maint / Mgmt
$490
Net cashflow
$1,518

Break-even live

Break-even rent $413
Max offer price $3,750
Occupancy floor 30%

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
$938
Closing costs
$112
Reserves months
Total cash needed

Loan-product check · same deal, 3 products live

Conventional

25% down · 7.5% · 30yr

Down + closing
Monthly P&I
Monthly cashflow
DSCR
Eligible?

Personal DTI + credit; lowest rate.

DSCR

20% down · 8.5% · 30yr

Down + closing
Monthly P&I
Monthly cashflow
DSCR
Eligible?

No personal income docs; deal must DSCR.

Hard money

10% down · 12.0% · 12mo

Down + closing
Monthly P&I
Monthly cashflow
DSCR
Eligible?

Short-term bridge; refi at stabilization.

HOA detail

Monthly dues
$300 · $3,600/yr
Likely covers
poolgym

Listing history 22 events

  1. 2026-06-18
    days on market $3,750 Active 1266 DOM
  2. 2026-06-17
    days on market $3,750 Active 1265 DOM
  3. 2026-06-16
    days on market $3,750 Active 1264 DOM
  4. 2026-06-15
    days on market $3,750 Active 1263 DOM
  5. 2026-06-14
    days on market $3,750 Active 1261 DOM
  6. 2026-06-13
    days on market $3,750 Active 1260 DOM
  7. 2026-06-10
    days on market $3,750 Active 1258 DOM
  8. 2026-06-09
    days on market $3,750 Active 1257 DOM
  9. 2026-06-08
    days on market $3,750 Active 1256 DOM
  10. 2026-06-07
    days on market $3,750 Active 1255 DOM
  11. 2026-06-02
    days on market $3,750 Active 1250 DOM
  12. 2026-06-01
    days on market $3,750 Active 1249 DOM
  13. 2026-05-31
    days on market $3,750 Active 1248 DOM
  14. 2026-05-30
    days on market $3,750 Active 1247 DOM
  15. 2025-12-15
    price $3,750
    Show marketing remark (311 chars)

    Come be an owner of this fantastic 4 week fractional in Eagle Crest Resort! With a view of the Deschutes River and canyon you can relax in style. Take part in all the amenities of the resort like sports centers, gyms, hot tubs, pools, tennis, racquetball, pickle ball, a sauna, hiking, biking, and so much more.

  16. 2024-03-14
    price $8,750
    Show marketing remark (311 chars)

    Come be an owner of this fantastic 4 week fractional in Eagle Crest Resort! With a view of the Deschutes River and canyon you can relax in style. Take part in all the amenities of the resort like sports centers, gyms, hot tubs, pools, tennis, racquetball, pickle ball, a sauna, hiking, biking, and so much more.

  17. 2022-12-30
    listed $12,500 Active
    Show marketing remark (311 chars)

    Come be an owner of this fantastic 4 week fractional in Eagle Crest Resort! With a view of the Deschutes River and canyon you can relax in style. Take part in all the amenities of the resort like sports centers, gyms, hot tubs, pools, tennis, racquetball, pickle ball, a sauna, hiking, biking, and so much more.

  18. 2022-12-30
    historical
    Show marketing remark (311 chars)

    Come be an owner of this fantastic 4 week fractional in Eagle Crest Resort! With a view of the Deschutes River and canyon you can relax in style. Take part in all the amenities of the resort like sports centers, gyms, hot tubs, pools, tennis, racquetball, pickle ball, a sauna, hiking, biking, and so much more.

  19. 2022-10-29
    listed $12,500 Active
  20. 2022-03-04
    soldstatus $14,500 Closed 356-char remark
  21. 2022-02-13
    status Pending 356-char remark
  22. 2022-02-13
    listed $14,500 Active 356-char remark

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

Climate risk First Street

  • 🌊 Flood 1/10 Low FEMA zone X (unshaded) · 0% chance over 30 yrs
  • 🔥 Wildfire 6/10 Major
  • 🌡 Heat 3/10 Moderate 7 d/yr ≥92°F today · 16 d/yr by 30 yrs out
  • 💨 Wind 1/10 Low
  • 🫁 Air quality 10/10 Extreme 22 unhealthy d/yr today · 25 by 30 yrs out

Nearby sold comps map

Loading sold comps map…

Walkable amenities ~0.75 mi

Loading nearby amenities…

Taxation est. · year 1

Rental income
$28,002
− Mortgage interest
−$210
− Property taxes
−$56
− Insurance
−$19
− Repairs & maintenance
−$2,240
− Management
−$2,240
− HOA
−$3,600
− Depreciation
−$109
Taxable income
$19,527
combined federal + state — saved on this device
Est. tax owed @ 24.0%
−$4,687
After-tax cash flow
$13,524/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
Redmond SD 2J
NCES district ID
4110350
Math proficiency
24% ▼ -19.00%
Reading proficiency
42% ▼ -11.00%
Median HH income
$51,027
Composite
28.72/100
National rank
#6682
State rank
#28 of 58 in OR

Livability — Eagle Crest

Score
61/100
State rank
#272
US rank
#18365

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

Census place
Eagle Crest, OR
County
Deschutes County · 197,892 people
Metro
Bend, OR
Population (ZIP)
44,914
Household income
$87,278
Rent vs Own
30.8% rent · 69.2% own
Severe rent burden
1205.0

Population outlook (Deschutes County) Hauer SSP2

Today (2025)
213,908 people
By 2030
232,387 · +8.6%
By 2040
265,858 · +24.3%
By 2050
295,286 · +38.0%
By 2075
353,553 · +65.3%
By 2100
380,293 · +77.8%

Race, ethnicity, and origin ACS 2023

Neighborhood character
Predominantly White (82%)
Race & ethnicity
White 82% Hispanic / Latino 13% Two or more races 4% Native American 2%
Hispanic origin (detail)
Mexican 10%
Common ancestry
Italian 5% Portuguese 4% Slovak 4%
Foreign-born
6% · Canada, South Korea
Languages at home
90% English-only · Spanish 8% Russian/Polish/Slavic 1%

Political lean MEDSL · Deschutes

2024 margin
D (+10.1) · D 53.6% · R 43.5% · Other 2.8%
2008→2024 swing
+10.4pp toward D · 2008: -0.3pp · 2024: 10.1pp
All cycles
2024: D+10.1 2020: D+8.2 2016: R+3.8 2012: R+7.3 2008: R+0.3

Not yet ingested

Civics

Market trends

HPI YoY
▼ -292.28%
Current HPI
385.3027
Rent YoY
▲ 3.39%
Metro
Bend, OR
State GDP YoY
▲ 2.05%
F500 in state
2

Industry mix (Fortune 500 HQ in OR)

Industry F500 HQs Revenue

Price history

-74.1% since first listed
8 events — show timeline
  • 2025-12-15 Price Changed $3,750 MLSCO
  • 2024-03-14 Price Changed $8,750 MLSCO
  • 2022-12-30 Listing Removed MLSCO
  • 2022-12-30 Listed $12,500 MLSCO
  • 2022-10-29 Listed $12,500 MLSCO
  • 2022-03-04 Sold (MLS) $14,500 MLSCO
  • 2022-02-13 Pending MLSCO
  • 2022-02-13 Listed $14,500 MLSCO

Cash-flow waterfall

monthly

Sold comps — $/sqft

last 12 mo · ≤1 mi

Loading sold comps…