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1134 Villa Calimesa Ln #69
C+ Composite 62.24
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 +30.0/30.0
  • DSCR +10.0/10.0
  • 1% rule +9.4/10.0
  • Schools +3.8/10.0
  • Condition / age +3.8/5.0
  • Livability +2.8/5.0
  • Rent growth +2.5/5.0
  • ARV discount +0.0/15.0
  • Appreciation +0.0/10.0

$125,000

1134 Villa Calimesa Ln #69 · Calimesa, CA 92320
2 bd · 2.0 ba · 1,040 sqft · Manufactured · 31 Days on market
Built 1969 Good condition 3,049 sqft lot $120/sqft · 28% above area Est $97k · 28% over ↓ 7% since listing

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

Listing remarks MLS

Located in a desirable all-age community mobile home park. This cozy and comfortable mobile home offers affordable living. Upgrades well maintained 2 bedroom and 2 bath mobile home with New laminate flooring, tons of kitchen cabinet space and New Fans throughout the home. Situated in a clean gated family-friendly park with a pool, playground, clubhouse and recreation areas. Conveniently located near freeways, shopping, and restaurants, this move-in-ready gem is the perfect blend of comfort, style, and easy living – don't miss your chance to make it your own. Move-in ready!! Sale as-is.

Key facts

  • Laminate flooring
  • Upgrades
  • Mobile home park

Tags

MOBILE HOME PARKUPGRADESLAMINATE FLOORINGKITCHEN CABINET SPACEGATED PARKPOOL

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 manufactured listed at $125k. Condition is rated good.

Deal economics

  • At list price, monthly cash flow is $696 ($8k/yr) — positive.
  • The deal already cash-flows at list — no discount required.
  • Meets the 1% rule at list price ($2k rent vs $125k).
  • Recommended offer: $121k (3.0% below list) — sets the bar for market timing.
  • Cap rate 13.0% vs local median 6.7% in Calimesa — 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 55/100 on livability (#865 in CA) — a working-class tenant base; expect higher turnover. Strengths: housing A+, crime A-, employment B; Watch: health & safety D+, schools D, amenities F.
  • Yucaipa-Calimesa Joint Unified (suburban): math 32% / reading 55% proficiency, ranked #195 of 517 in CA (top 38%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
  • Market conditions: 67 active listings in the ZIP; 6 comparable units currently listed for rent nearby; rentals at typical pace (median 18d on market — plan ~3-4 weeks tenant-placement turnaround); 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 $864 of loan paydown is wiped out by about $4k 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.
  • At projected returns (-3.0% appreciation + 3.0% rent growth), your $35k cash investment doubles in ~6 years — after that, you're playing with house money.

Negotiation context

  • It's been on market 31 days — a 3% lower offer ($121k) is reasonable based on typical stale-listing flexibility.
  • 3 sale attempts since 3y 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.

Risks & watch-outs

  • Climate carrying-cost: severe wildfire risk; extreme-heat days projected 7→20/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.
Recommended offer $121,250 (3.0% below list)

Questions for the listing agent

  1. It's been on market 31 days. Have you received any prior offers? Is the seller open to a 3% concession, seller financing, or rate buy-down credit?
  2. Built in 1969 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
  3. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
  4. 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?
  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
1.44%
Cap rate
12.97%
Cash-on-cash
23.86%
DSCR
2.06
GRM
5.8

CMA / ARV

ARV (median comp)
$97,427
List price
$125,000
Delta
28.30%
Verdict
OVERPRICED
Comps
16 within 1.0 mi
Show comp detail 7 sales within ~0.75 mi
Address Dist Beds/Ba Sqft Sold Price $/sf Match
1134 Villa Calimesa Ln Spc 52 0.00mi 3/2.0 (+1) 1,080 (+4%) 3mo $89,000 $82 86
1134 Villa Calimesa #106 0.00mi 2/2.0 960 (-8%) 2mo $42,500 $44 85
1134 Villa Calimesa Ln #58 0.00mi 3/2.0 (+1) 960 (-8%) 1mo $165,000 $172 82
1134 Villa Calimesa Ln #39 0.00mi 3/2.0 (+1) 960 (-8%) 7mo $95,000 $99 77
1134 Villa Calimesa Ln #95 0.00mi 3/2.0 (+1) 925 (-11%) 10mo $100,000 $108 68
1134 Villa Calimesa Ln #50 0.00mi 3/2.0 (+1) 920 (-12%) 16mo $100,000 $109 62
1134 Villa Calimesa Ln #87 0.00mi 3/2.0 (+1) 925 (-11%) 22mo $80,000 $86 58

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 · 3.0% rent growth · sell at horizon

5-year hold
IRR
17.0%
Equity multiple
1.69×
Total profit
$24,011
Equity at exit
$18,638
10-year hold
IRR
25.5%
Equity multiple
3.22×
Total profit
$77,754
Equity at exit
$10,808

Cash invested: $35,000 (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 92320

Home prices YoY
-22.2%
Active inventory
67
Price-to-rent
5.8×

Monthly cashflow live

Estimated rent
$1,803 high interval (Pro) →
Mortgage (P&I)
$656
Tax from tax record
$21 /mo · $255/yr
Insurance
$52
HOA
$0
Vacancy / Maint / Mgmt
$379
Net cashflow
$696

Break-even live

Break-even rent $923
Max offer price $125,000
Occupancy floor 56%

Sensitivity live

Price -10% $767 -5% $731 +0% $696 +5% $518 +10% $474
Rent -10% $553 -5% $625 +0% $696 +5% $767 +10% $838
Rate -1.0pp $759 -0.5pp $728 base $696 +0.5pp $664 +1.0pp $631

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
$31,250
Closing costs
$3,750
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 6 comps

AddressBedsBaths SqftRent$/sqft DOM Units Dist
642 West Avenue L Unit L Calimesa, CA 3.0 1.0 1368 $2,200 $1.61 17d 1 0.32mi
947 Park Ave Calimesa, CA 2.0 1.0 800 $1,600 $2.00 15d 1 0.67mi
34063 Avenue J Apt A Yucaipa, CA 1.0 1.0 800 $1,250 $1.56 44d 1 0.78mi
13645 5th St #75 Yucaipa, CA 2.0 2.0 890 $1,700 $1.91 44d 1 0.95mi
213 W County Line Rd #5 Calimesa, CA 2.0 2.0 950 $1,750 $1.84 12d 1 1.44mi
213 W County Line Rd #6 Calimesa, CA 2.0 2.0 950 $1,750 $1.84 0d 1 1.44mi

Listing history 24 events

  1. 2026-06-21
    days on market $125,000 Active 31 DOM
  2. 2026-06-18
    days on market $125,000 Active 28 DOM
  3. 2026-06-17
    days on market $125,000 Active 27 DOM
  4. 2026-06-16
    days on market $125,000 Active 26 DOM
  5. 2026-06-15
    days on market $125,000 Active 25 DOM
  6. 2026-06-13
    days on market $125,000 Active 23 DOM
  7. 2026-06-13
    days on market $125,000 Active 22 DOM
  8. 2026-06-09
    days on market $125,000 Active 19 DOM
  9. 2026-06-08
    days on market $125,000 Active 18 DOM
  10. 2026-06-07
    days on market $125,000 Active 17 DOM
  11. 2026-06-04
    days on market $125,000 Active 14 DOM
  12. 2026-06-03
    days on market $125,000 Active 13 DOM
  13. 2026-06-02
    days on market $125,000 Active 12 DOM
  14. 2026-06-01
    days on market $125,000 Active 11 DOM
  15. 2026-05-31
    days on market $125,000 Active 10 DOM
  16. 2026-04-23
    price $125,000 598-char remark
    Show marketing remark (598 chars)

    Located in a desirable all-age community mobile home park. This cozy and comfortable mobile home offers affordable living. Upgrades well maintained 2 bedroom and 2 bath mobile home with New laminate flooring, tons of kitchen cabinet space and New Fans throughout the home. Situated in a clean gated family-friendly park with a pool, playground, clubhouse and recreation areas. Conveniently located near freeways, shopping, and restaurants, this move-in-ready gem is the perfect blend of comfort, style, and easy living – don't miss your chance to make it your own. Move-in ready!! Sale as-is.

  17. 2026-01-16
    listed $130,000 Active 598-char remark
    Show marketing remark (598 chars)

    Located in a desirable all-age community mobile home park. This cozy and comfortable mobile home offers affordable living. Upgrades well maintained 2 bedroom and 2 bath mobile home with New laminate flooring, tons of kitchen cabinet space and New Fans throughout the home. Situated in a clean gated family-friendly park with a pool, playground, clubhouse and recreation areas. Conveniently located near freeways, shopping, and restaurants, this move-in-ready gem is the perfect blend of comfort, style, and easy living – don't miss your chance to make it your own. Move-in ready!! Sale as-is.

  18. 2024-05-20
    price $55,000
  19. 2024-03-11
    listed $65,000 Active
  20. 2024-02-06
    historical
  21. 2024-01-02
    price $128,000
  22. 2023-11-25
    price $134,000
  23. 2023-11-16
    listed $135,000 Active
  24. 2023-10-27
    historical

ⓘ 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
$255 · $21/mo
Projected year-2 tax
$950 · $79/mo
Expected delta
+$695/yr (+$58/mo · 273.2%)

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

Climate risk First Street

  • 🌊 Flood 1/10 Low FEMA zone D · 0% chance over 30 yrs
  • 🔥 Wildfire 10/10 Extreme
  • 🌡 Heat 6/10 Major 7 d/yr ≥100°F today · 20 d/yr by 30 yrs out
  • 💨 Wind 1/10 Low
  • 🫁 Air quality 10/10 Extreme 30 unhealthy d/yr today · 37 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
$21,641
− Mortgage interest
−$7,002
− Property taxes
−$255
− Insurance
−$625
− Repairs & maintenance
−$1,731
− Management
−$1,731
− Depreciation
−$3,636
Taxable income
$6,661
combined federal + state — saved on this device
Est. tax owed @ 24.0%
−$1,599
After-tax cash flow
$6,752/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 75/100 Cosmetic rehab

This move-in-ready mobile home in a family-friendly park offers a cozy and comfortable living space with new laminate flooring and stainless steel appliances. It's in good condition with minor cosmetic updates needed for optimal resale and rental value.

Value-add opportunities

  • Both Paint exterior — Enhances curb appeal and value
  • Both Replace carpet with new flooring — Improves aesthetics and value
  • Both Install new lighting fixtures — Enhances curb appeal and value

Renovation cost estimate screening

Value-add ROI direction

  • Both Paint exterior — Enhances curb appeal and value
  • Both Replace carpet with new flooring — Improves aesthetics and value
  • Both Install new lighting fixtures — Enhances curb appeal and value

ⓘ 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
Yucaipa-Calimesa Joint Unified
NCES district ID
0643560
Math proficiency
32% ▼ -4.00%
Reading proficiency
55% ▲ 6.00%
Median HH income
$58,243
Composite
38.09/100
National rank
#4277
State rank
#195 of 517 in CA

Livability — Calimesa

Score
55/100
State rank
#865
US rank
#23579

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

Census place
Calimesa, CA
City population
10,680
Population (ZIP)
10,680

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 0.57)
Race & ethnicity
White 57% Hispanic / Latino 31% Two or more races 12% Asian 3% Black 3% Native American 1%
Hispanic origin (detail)
Mexican 27%
Common ancestry
Italian 2% Slovak 1% Lithuanian 1%
Foreign-born
7% · Canada
Languages at home
85% English-only · Spanish 12% Tagalog/Filipino 2%

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
▼ -104.13%
Current HPI
364.3627
Rent YoY
Metro
State GDP YoY
▲ 3.21%
F500 in state
116

Industry mix (Fortune 500 HQ in CA)

Industry F500 HQs Revenue

Price history

-7.4% since first listed
9 events — show timeline
  • 2026-04-23 Price Changed $125,000 CRMLS
  • 2026-01-16 Listed $130,000 CRMLS
  • 2024-05-20 Price Changed $55,000 CRMLS
  • 2024-03-11 Listed $65,000 CRMLS
  • 2024-02-06 Listing Removed CRMLS
  • 2024-01-02 Price Changed $128,000 CRMLS
  • 2023-11-25 Price Changed $134,000 CRMLS
  • 2023-11-16 Listed $135,000 CRMLS
  • 2023-10-27 Coming Soon CRMLS

Property tax history

+21.6%/yr

Latest (2025): $255 · +21.6% YoY. Source: county tax records.

Cash-flow waterfall

monthly

Sold comps — $/sqft

last 12 mo · ≤1 mi

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