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14 Alice Dr
B Composite 73.87
Why this score? — see what drove the B 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 +30.0/30.0
  • DSCR +10.0/10.0
  • 1% rule +9.3/10.0
  • ARV discount +7.5/15.0
  • Appreciation +4.9/10.0
  • Livability +3.8/5.0
  • Schools +3.5/10.0
  • Rent growth +2.5/5.0
  • Condition / age +2.5/5.0

$79,914

14 Alice Dr · Pittsfield, MA 01235
2 bd · 2.0 ba · 980 sqft · SingleFamily · 8 Days on market
Built 1991

🖨 Deal sheet (PDF) 📄 Offer letter ✓ Due diligence

Listing remarks

Discover peaceful living in this 2 bed, 2 bath mobile home, tucked away as the last unit at the end of the street. Enjoy the privacy and quiet that comes with having no through traffic and a serene setting. This owner-occupied home has a lot rent of $430./month. Pets are welcome with a license, making it the perfect spot. Affordable, private, comfortable, a wonderful place to call home. Needs work!! Being sold ''as is''.

Key facts

  • 2 parking spots
  • Built 1991
  • Listed 8 days

Property features AI

Exterior

  • Utilities: 100 amp electric service; Other sewer
  • Home design: General property subtype
  • Construction: Metal roof; Total building area 980
  • Exterior features: Deck; Outbuilding; Private trash service

Interior

  • Kitchen: Refrigerator; Freezer
  • Bedrooms: 4 total rooms (includes bedrooms and living spaces)
  • Flooring: Carpet; Laminate; Linoleum
  • Bathrooms: 2 full bathrooms
  • Heating & cooling: Has heating
  • Interior features: Cable available; Accessible full bathroom; First-floor bedroom with bath; Accessible bedroom; Pets allowed with restrictions
  • Laundry & utility: Washer

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 2-bed/2.0-bath single-family listed at $80k.

Deal economics

  • At list price, monthly cash flow is $348 ($4k/yr) — positive.
  • The deal already cash-flows at list — no discount required.
  • Meets the 1% rule at list price ($1k rent vs $80k).
  • Cap rate 11.5% vs local median 3.6% in Pittsfield — 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 75/100 on livability (#70 in MA, #3,820 nationally) — a middle-class / working-renter tenant base. Strengths: commute A+, housing A+, health & safety A+; Watch: employment C-, amenities D+, crime D.
  • Central Berkshire (rural): math 32% / reading 47% proficiency, ranked #206 of 302 in MA (top 68%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
  • Zoned schools: Kittredge (math 34% / reading 44%, grade F, #504 of 938 statewide, top 57%, 161 students, 0% FRL); Nessacus Regional Middle School (math 27% / reading 44%, grade F, #175 of 305 statewide, top 58%, 345 students, 0% FRL); Wahconah Regional High (math 47% / reading 62%, grade C-, #157 of 343 statewide, top 47%, 485 students, 0% FRL) — zoned schools average 0% FRL vs 26% district-wide (26 pts lower); this property's tenant base skews higher-income than the district average.
  • Market conditions: 28 active listings in the ZIP; 130 units permitted in Berkshire County in 2024 (10 in 5+ unit buildings).

Forward outlook

  • In year one you build about $376 of equity ($552 loan paydown + $-176 appreciation (-0.2% local appreciation)).
  • Berkshire County population projected at -24% by 2050 — secular population decline; favor cash flow + early exit over multi-decade hold.
  • At projected returns (-0.2% appreciation + 3.0% rent growth), your $22k cash investment doubles in ~5 years — after that, you're playing with house money.

Negotiation context

  • Only 8 days on market — expect competitive offers; lowballing is unlikely to land.
  • 4 sale attempts since 30y ago 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.
  • Current owner paid $30k; list at $80k implies a 166% gain — meaningful room to come down on a strong offer.
Recommended offer $79,914

Questions for the listing agent

  1. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
  2. 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?
  3. 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?
  4. 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.
  5. 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.
  6. 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
1.43%
Cap rate
11.51%
Cash-on-cash
18.64%
DSCR
1.83
GRM
5.8

CMA / ARV

No comps found within radius.

Projected returns pro-forma

-0.22% appreciation · 3.0% rent growth · sell at horizon

5-year hold
IRR
17.8%
Equity multiple
1.85×
Total profit
$18,996
Equity at exit
$22,327
10-year hold
IRR
22.5%
Equity multiple
3.44×
Total profit
$54,684
Equity at exit
$26,147

Cash invested: $22,376 (down + closing). Projections, not guarantees.

Landlord ↔ Tenant lean methodology

Overall (STATE)
20 Strongly Tenant-Friendly
State Massachusetts
20 Strongly Tenant-Friendly · D+15
County
— inherits STATE
City
— inherits STATE
Cambridge / Boston historically rent-controlled (preempted 1994 but consideration ongoing); strong tenant protections; court backlogs.

ZIP-level market 01235

Home prices YoY
-0.1%
Active inventory
28
Price-to-rent
5.8×

Monthly cashflow live

Estimated rent
$1,139 medium interval (Pro) →
Mortgage (P&I)
$419
Tax est. 1.5%
$100 /mo · $1,199/yr
Insurance
$33
HOA
$0
Vacancy / Maint / Mgmt
$239
Net cashflow
$348

Break-even live

Break-even rent $699
Max offer price $79,914
Occupancy floor 64%

Sensitivity live

Price -10% $403 -5% $375 +0% $348 +5% $320 +10% $292
Rent -10% $258 -5% $303 +0% $348 +5% $393 +10% $438
Rate -1.0pp $388 -0.5pp $368 base $348 +0.5pp $327 +1.0pp $306

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
$19,978
Closing costs
$2,397
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.

Listing history 9 events

  1. 2026-06-19
    days on market $79,914 Active 8 DOM
  2. 2026-06-18
    remarks 425-char remark
  3. 2026-06-18
    days on market $79,914 Active 7 DOM
  4. 2026-06-17
    days on market $79,914 Active 6 DOM
  5. 2026-06-16
    days on market $79,914 Active 5 DOM
  6. 2026-06-15
    days on market $79,914 Active 4 DOM
  7. 2026-06-14
    days on market $79,914 Active 2 DOM
  8. 2026-06-12
    remarks 411-char remark
  9. 2026-06-12
    listed $79,914 Active 1 DOM

ⓘ 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

  • 🌡 Heat 1/10 Low
  • 🫁 Air quality 2/10 Low 1 unhealthy d/yr today · 1 by 30 yrs out

Nearby sold comps map

Loading sold comps map…

Walkable amenities ~0.75 mi

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Taxation est. · year 1

Rental income
$13,670
− Mortgage interest
−$4,476
− Property taxes
−$1,199
− Insurance
−$400
− Repairs & maintenance
−$1,094
− Management
−$1,094
− Depreciation
−$2,325
Taxable income
$3,083
combined federal + state — saved on this device
Est. tax owed @ 24.0%
−$740
After-tax cash flow
$3,432/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
Central Berkshire
NCES district ID
2503390
Math proficiency
32% ▼ -13.00%
Reading proficiency
47% ▲ 1.00%
Median HH income
$58,145
Composite
34.8/100
National rank
#5108
State rank
#206 of 302 in MA

Livability — Pittsfield

Score
75/100
State rank
#70
US rank
#3820

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

City population
44,848
Population (ZIP)
2,456

Population outlook (Berkshire County) Hauer SSP2

Today (2025)
119,723 people
By 2030
114,608 · -4.3%
By 2040
102,806 · -14.1%
By 2050
91,305 · -23.7%
By 2075
71,517 · -40.3%
By 2100
57,988 · -51.6%

Race, ethnicity, and origin ACS 2023

Neighborhood character
Predominantly White (95%)
Race & ethnicity
White 95% Two or more races 4% Hispanic / Latino 3%
Common ancestry
Lithuanian 11% Romanian 9% Slovak 2%
Foreign-born
1%
Languages at home
97% English-only · Spanish 2% Other Asian/Pacific 1%

Political lean MEDSL · Berkshire

2024 margin
Solid D (+39.9) · D 68.9% · R 29.0% · Other 2.1%
2008→2024 swing
-12.5pp toward R · 2008: 52.4pp · 2024: 39.9pp
All cycles
2024: D+39.9 2020: D+47.1 2016: D+41.5 2012: D+53.7 2008: D+52.4

Not yet ingested

Civics

Market trends

HPI YoY
▼ -0.22%
Current HPI
287.7509
Rent YoY
Metro
State GDP YoY
▲ 2.28%
F500 in state
38

Industry mix (Fortune 500 HQ in MA)

Industry F500 HQs Revenue

Price history

+149.7% since first listed
7 events — show timeline
  • 2026-06-10 Listed $79,914 BCMLS
  • 2002-12-29 Listing Removed BCMLS
  • 2002-06-29 Listed $33,500 BCMLS
  • 2002-01-14 Listing Removed BCMLS
  • 2000-07-10 Listed $34,900 BCMLS
  • 1996-09-19 Sold (MLS) $30,000 BCMLS
  • 1996-05-10 Listed $32,000 BCMLS

Cash-flow waterfall

monthly

Sold comps — $/sqft

last 12 mo · ≤1 mi

Loading sold comps…