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1085 Tasman Dr #859
C+ Composite 64.39
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 +25.8/30.0
  • DSCR +8.6/10.0
  • Schools +8.3/10.0
  • 1% rule +6.8/10.0
  • Livability +4.1/5.0
  • Condition / age +4.0/5.0
  • Appreciation +3.2/10.0
  • Rent growth +3.2/5.0
  • ARV discount +0.5/15.0

$409,900

1085 Tasman Dr #859 · Sunnyvale, CA 94089
3 bd · 2.0 ba · 1,620 sqft · Manufactured · 55 Days on market
Built 1998 Good condition Est $355k · 16% over

🖨 Deal sheet 📄 Offer letter ✓ Due diligence

Listing remarks MLS

Located in the desirable Casa de Amigos community in Sunnyvale, this meticulously cared-for home showcases numerous upgrades and improvements, including integrated smart home technology and audio/video features that create a seamless and enjoyable living experience. This spacious 3-bedroom, 2-bath residence offers 1,620 sq ft of comfortable, modern living in a welcoming all-ages parkjust minutes from Levis Stadium with convenient access to Highways 101 and 237. Designed for both everyday living and entertaining, the open layout features high ceilings, laminate flooring throughout, a separate family room, and a formal dining area. The well-appointed kitchen includes granite countertops, a center island, ample pantry cabinetry, and full appliances, providing both style and functionality. A gas-burning fireplace adds warmth and ambiance to the living space, enhancing the homes inviting feel. Bedrooms feature walk-in closets, while bathrooms are finished with granite surfaces and offer both tub and shower options. Central A/C and forced air heating ensure year-round comfort, and a dedicated laundry area with washer and dryer adds everyday convenience. This home combines space, style, and smart living in one of Sunnyvales most sought-after all-ages communities.

Key facts

  • Laminate flooring
  • Open layout
  • Audio video features

Tags

AUDIO VIDEO FEATURESOPEN LAYOUTLAMINATE FLOORINGSEPARATE FAMILY ROOMFORMAL DINING AREAWELL APPOINTED KITCHEN

Property features AI

Finance

  • Other: Pets allowed with number restrictions; No age restrictions; Park type: Family park
  • HOA & community: Barbecue area; Clubhouse; Community pool; Gym / exercise facility; Playground; RV / boat storage; Sauna / spa / hot tub

Exterior

  • Parking: Carport (2 spaces)
  • Utilities: Public sewer; Individual water meter (public); Individual electric meters; Individual gas meters; Public utilities
  • Home design: Manufactured home (park setting)
  • Construction: Assessor-listed lot size source
  • Exterior features: Shingle roof; Leased land

Interior

  • Kitchen: Granite countertops; Kitchen island; Microwave; Gas oven/range; Pantry cabinet; Refrigerator
  • Bedrooms: 3 bedrooms; Walk-in closet
  • Flooring: Laminate
  • Bathrooms: 2 full bathrooms; Granite surfaces; Shower and tub
  • Heating & cooling: Central forced air heating; Central forced air cooling
  • Interior features: High ceilings; Video/Audio system; Walk-in closet; Separate family room; Dining area and formal dining room; Gas-burning fireplace
  • Laundry & utility: Washer and dryer

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 manufactured listed at $410k. Condition is rated good.

Deal economics

  • At list price, monthly cash flow is $566 ($7k/yr) — positive.
  • The deal already cash-flows at list — no discount required.
  • Meets the 1% rule at list price ($5k rent vs $410k).
  • Recommended offer: $398k (3.0% below list) — sets the bar for market timing.
  • Cap rate 9.2% vs local median 1.2% in Sunnyvale — 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 82/100 on livability (#37 in CA, #1,258 nationally) — a professional / high-income tenant draw. Strengths: amenities A+, commute A+, employment A+; Watch: cost of living F.
  • Fremont Union High (urban): math 87% / reading 91% proficiency, ranked #6 of 517 in CA (top 1%) — strong family-tenant draw, lease renewals of 3-5y typical.
  • Market conditions: Rents rising (+2.6%/yr); 69 active listings in the ZIP; 11 comparable units currently listed for rent nearby; rentals leasing fast (median 2d on market — plan ~1-2 weeks tenant-placement turnaround); high-income renter base; 3,838 units permitted in Santa Clara County in 2024 (1,886 in 5+ unit buildings).
  • This rent runs 37% of the median local income ($158k/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 $3k of loan paydown is wiped out by about $12k of value loss. Plan a longer hold.
  • Santa Clara County population projected at +24% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.

Negotiation context

  • It's been on market 55 days — a 3% lower offer ($398k) is reasonable based on typical stale-listing flexibility.
  • 2 sale attempts with the ask held roughly flat each time — persistent listings suggest the price (not the market) is what's stuck; bring a comps-based counter.

Risks & watch-outs

  • Watch-outs: flood insurance adds $427/mo.
  • Climate carrying-cost: in FEMA flood zone AE (mandatory federal flood insurance); extreme-heat days projected 7→15/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.
Recommended offer $397,603 (3.0% below list)

Questions for the listing agent

  1. It's been on market 55 days. Have you received any prior offers? Is the seller open to a 3% concession, seller financing, or rate buy-down credit?
  2. What's the actual annual flood-insurance premium (NFIP or private), and is the property in a SFHA with mandatory coverage?
  3. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
  4. Schools are B-rated — typically a magnet for longer-tenancy family renters. What's the average tenant stay here, and is there a school-zone premium baked into asking?
  5. 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.
  6. 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.
  7. 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
1.18%
Cap rate
9.20%
Cash-on-cash
10.37%
DSCR
1.46
GRM
7.1

CMA / ARV

ARV (on-the-fly)
$354,780
Comps found
12
Show comp detail 12 sales within ~0.75 mi
Address Dist Beds/Ba Sqft Sold Price $/sf Match
1225 Vienna Dr #44 0.35mi 3/2.0 1,658 (+2%) 1mo $349,000 $210 79
1225 Vienna Dr #114 0.39mi 3/2.0 1,600 (-1%) 2mo $380,000 $238 78
1085 Tasman Dr #620 0.39mi 3/2.0 1,725 (+6%) 1mo $399,000 $231 70
1225 Vienna Dr #141 0.35mi 3/2.0 1,738 (+7%) 2mo $380,000 $219 70
690 Persian Dr #61 0.17mi 2/2.0 (-1) 1,464 (-10%) 2mo $229,500 $157 70
1225 Vienna Dr #336 0.32mi 3/3.0 1,755 (+8%) 0mo $428,000 $244 67
1225 Vienna Dr #925 0.35mi 2/2.0 (-1) 1,490 (-8%) 1mo $305,000 $205 64
1085 Tasman Dr #496 0.39mi 3/2.0 1,780 (+10%) 2mo $405,000 $228 64
1225 Vienna Dr #604 0.39mi 4/2.0 (+1) 1,740 (+7%) 1mo $320,000 $184 64
1085 Tasman Dr #225 0.39mi 3/2.0 1,790 (+10%) 1mo $400,000 $223 63
1085 Tasman Dr #708 0.39mi 3/2.0 1,440 (-11%) 0mo $313,000 $217 63
1225 Vienna Dr #370 0.40mi 2/2.0 (-1) 1,440 (-11%) 1mo $210,000 $146 57

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 · 2.63% rent growth · sell at horizon

5-year hold
IRR
-7.5%
Equity multiple
0.72×
Total profit
$-31,852
Equity at exit
$61,117
10-year hold
IRR
1.6%
Equity multiple
1.11×
Total profit
$12,707
Equity at exit
$35,441

Cash invested: $114,772 (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.

ZIP-level market 94089

Home prices YoY
-1.1%
Rents YoY
2.6%
Active inventory
69
Price-to-rent
7.1×

Monthly cashflow live

Estimated rent
$4,842 high interval (Pro) →
Mortgage (P&I)
$2,150
Tax est. 1.5%
$512 /mo · $6,148/yr
Insurance
$171
Flood insurance flood zone
−$427 /mo · $5,118/yr
HOA
$0
Vacancy / Maint / Mgmt
$1,017
Net cashflow
$566

Break-even live

Break-even rent $4,126
Max offer price $409,900
Occupancy floor 83%

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
$102,475
Closing costs
$12,297
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.

Rent comps 11 comps

AddressBedsBaths SqftRent$/sqft DOM Units Dist
1220 N Fair Oaks Ave Sunnyvale, CA 1.0–2.0 1.0–2.0 887 $4,780 $5.39 1d 4 0.14mi
621 Tasman Dr Sunnyvale, CA 1.0–2.0 1.0–2.0 959 $4,557 $4.75 1d 9 0.17mi
1171 La Rochelle Ter Unit G Sunnyvale, CA 3.0 2.5 2156 $5,200 $2.41 1d 1 0.35mi
568 Saco Ter Sunnyvale, CA 4.0 3.0 1720 $5,200 $3.02 1d 1 0.40mi
550 E Weddell Dr Sunnyvale, CA 1.0–3.0 1.0–2.0 1255 $5,966 $4.75 1d 8 0.54mi
1271 Lawrence Station Rd Sunnyvale, CA 1.0–2.0 1.0–2.5 1417 $5,197 $3.67 1d 7 0.58mi
1063 Morse Ave Sunnyvale, CA 1.0–2.0 1.0–2.0 844 $5,014 $5.94 1d 14 0.65mi
781 N Fair Oaks Ave #6 Sunnyvale, CA 3.0 2.0 1134 $3,795 $3.35 15d 1 0.91mi
1235 Wildwood Ave Sunnyvale, CA 1.0–3.0 1.0–2.0 910 $3,377 $3.71 1d 12 1.21mi
1257 Lakeside Dr Sunnyvale, CA 3.0 1.0–3.0 903 $5,075 $5.62 1d 1 1.27mi
1030 Indian Wells Ave Sunnyvale, CA 1.0–2.0 1.0–2.0 1039 $6,915 $6.66 1d 1 1.30mi

Listing history 15 events

  1. 2026-06-18
    days on market $409,900 Active 55 DOM
  2. 2026-06-17
    days on market $409,900 Active 54 DOM
  3. 2026-06-16
    days on market $409,900 Active 53 DOM
  4. 2026-06-15
    days on market $409,900 Active 52 DOM
  5. 2026-06-13
    days on market $409,900 Active 50 DOM
  6. 2026-06-09
    days on market $409,900 Active 46 DOM
  7. 2026-06-08
    days on market $409,900 Active 45 DOM
  8. 2026-06-07
    days on market $409,900 Active 44 DOM
  9. 2026-06-05
    days on market $409,900 Active 41 DOM
  10. 2026-06-03
    days on market $409,900 Active 40 DOM
  11. 2026-06-02
    days on market $409,900 Active 39 DOM
  12. 2026-06-01
    days on market $409,900 Active 38 DOM
  13. 2026-05-31
    days on market $409,900 Active 37 DOM
  14. 2026-04-25
    listed $409,900 Active 1276-char remark
    Show marketing remark (1276 chars)

    Located in the desirable Casa de Amigos community in Sunnyvale, this meticulously cared-for home showcases numerous upgrades and improvements, including integrated smart home technology and audio/video features that create a seamless and enjoyable living experience. This spacious 3-bedroom, 2-bath residence offers 1,620 sq ft of comfortable, modern living in a welcoming all-ages parkjust minutes from Levis Stadium with convenient access to Highways 101 and 237. Designed for both everyday living and entertaining, the open layout features high ceilings, laminate flooring throughout, a separate family room, and a formal dining area. The well-appointed kitchen includes granite countertops, a center island, ample pantry cabinetry, and full appliances, providing both style and functionality. A gas-burning fireplace adds warmth and ambiance to the living space, enhancing the homes inviting feel. Bedrooms feature walk-in closets, while bathrooms are finished with granite surfaces and offer both tub and shower options. Central A/C and forced air heating ensure year-round comfort, and a dedicated laundry area with washer and dryer adds everyday convenience. This home combines space, style, and smart living in one of Sunnyvales most sought-after all-ages communities.

  15. 2026-04-25
    listed $409,900 Active 1276-char remark
    Show marketing remark (1276 chars)

    Located in the desirable Casa de Amigos community in Sunnyvale, this meticulously cared-for home showcases numerous upgrades and improvements, including integrated smart home technology and audio/video features that create a seamless and enjoyable living experience. This spacious 3-bedroom, 2-bath residence offers 1,620 sq ft of comfortable, modern living in a welcoming all-ages parkjust minutes from Levis Stadium with convenient access to Highways 101 and 237. Designed for both everyday living and entertaining, the open layout features high ceilings, laminate flooring throughout, a separate family room, and a formal dining area. The well-appointed kitchen includes granite countertops, a center island, ample pantry cabinetry, and full appliances, providing both style and functionality. A gas-burning fireplace adds warmth and ambiance to the living space, enhancing the homes inviting feel. Bedrooms feature walk-in closets, while bathrooms are finished with granite surfaces and offer both tub and shower options. Central A/C and forced air heating ensure year-round comfort, and a dedicated laundry area with washer and dryer adds everyday convenience. This home combines space, style, and smart living in one of Sunnyvales most sought-after all-ages communities.

ⓘ 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 2/10 Low FEMA zone AE · 9% chance over 30 yrs
  • 🔥 Wildfire 1/10 Low
  • 🌡 Heat 5/10 Major 7 d/yr ≥91°F today · 15 d/yr by 30 yrs out
  • 💨 Wind 1/10 Low
  • 🫁 Air quality 7/10 Severe 13 unhealthy d/yr today · 13 by 30 yrs out

Nearby sold comps map

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Walkable amenities ~0.75 mi

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Taxation est. · year 1

Rental income
$58,101
− Mortgage interest
−$22,961
− Property taxes
−$6,148
− Insurance
−$7,168
− Repairs & maintenance
−$4,648
− Management
−$4,648
− Depreciation
−$11,924
Taxable income
$603
combined federal + state — saved on this device
Est. tax owed @ 24.0%
−$145
After-tax cash flow
$6,644/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.

Condition & rehab AI · 12 photos

Good 80/100 Cosmetic rehab

This well-maintained, modern manufactured home in a desirable location offers a good investment opportunity with minimal repairs needed.

Value-add opportunities

  • Resale Paint exterior trim — Enhances curb appeal and can increase property value
  • Rental Replace window screens — Improves comfort and energy efficiency
  • Both Upgrade lighting fixtures — Enhances aesthetics and energy efficiency

Renovation cost estimate screening

Value-add ROI direction

  • Resale Paint exterior trim — Enhances curb appeal and can increase property value
  • Rental Replace window screens — Improves comfort and energy efficiency
  • Both Upgrade lighting fixtures — Enhances aesthetics and energy efficiency

ⓘ Cost ranges are severity-bucket heuristics (US national rule-of-thumb). Get contractor quotes + a written scope before underwriting a rehab budget.

Schools (NCES district)

District
Fremont Union High
NCES district ID
0614430
Math proficiency
87% ▲ 9.00%
Reading proficiency
91% ▲ 10.00%
Median HH income
$128,947
Composite
82.66/100
National rank
#20
State rank
#6 of 517 in CA

Livability — Sunnyvale

Score
82/100
State rank
#37
US rank
#1258

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

Census place
Sunnyvale, CA
County
Santa Clara County · 1,806,974 people
City population
154,236
Metro
San Jose-Sunnyvale-Santa Clara, CA
Population (ZIP)
22,699
Household income
$158,304
Rent vs Own
47.1% rent · 52.9% own
Severe rent burden
558.0

Population outlook (Santa Clara County) Hauer SSP2

Today (2025)
2,179,074 people
By 2030
2,301,297 · +5.6%
By 2040
2,528,195 · +16.0%
By 2050
2,712,135 · +24.5%
By 2075
2,998,701 · +37.6%
By 2100
2,931,429 · +34.5%

Race, ethnicity, and origin ACS 2023

Neighborhood character
Diverse neighborhood (Simpson 0.68)
Race & ethnicity
Asian 45% White 24% Hispanic / Latino 24% Two or more races 9% Black 2%
Hispanic origin (detail)
Mexican 17%
Common ancestry
Scotch-Irish 2% Lithuanian 1% Estonian 1%
Foreign-born
51% · Canada, China, Vietnam
Languages at home
40% English-only · Spanish 18% Chinese 12% Other Asian/Pacific 8%

Political lean MEDSL · Santa Clara

2024 margin
Solid D (+40.0) · D 68.1% · R 28.1% · Other 3.8%
2008→2024 swing
-0.9pp no change · 2008: 40.9pp · 2024: 40.0pp
All cycles
2024: D+40.0 2020: D+47.4 2016: D+52.5 2012: D+42.1 2008: D+40.9

Not yet ingested

Civics

Market trends

HPI YoY
▼ -3.70%
Current HPI
338.6935
Rent YoY
▲ 2.63%
Metro
San Jose-Sunnyvale-Santa Clara, CA
State GDP YoY
▲ 3.21%
F500 in state
116

Industry mix (Fortune 500 HQ in CA)

Industry F500 HQs Revenue

Price history

+0.0% since first listed
2 events — show timeline
  • 2026-04-25 Listed $409,900 bridgeMLS, Bay East AOR, or Contra Costa AOR
  • 2026-04-25 Listed $409,900 MLSListings

Cash-flow waterfall

monthly

Sold comps — $/sqft

last 12 mo · ≤1 mi

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