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8506 Sunset Hills Dr #180
D Composite 41.96
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).

  • 1% rule +10.0/10.0
  • Cash flow +9.3/30.0
  • ARV discount +7.5/15.0
  • Condition / age +3.8/5.0
  • Livability +3.7/5.0
  • DSCR +2.6/10.0
  • Schools +2.6/10.0
  • Rent growth +2.5/5.0
  • Appreciation +0.0/10.0

$65,000

8506 Sunset Hills Dr #180 · Magna, UT 84044
3 bd · 2.0 ba · 1,056 sqft · Manufactured · 50 Days on market
Built 2009 Good condition $1109/mo HOA · 58% of rent ↓ 6% since listing

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

Listing remarks

Welcome to this well cared for 3 bedroom, 2 bathroom home in Magna. The original owner has taken great pride in maintaining the home, with just cleaned carpet and exterior paint that create a clean, welcoming feel the moment you walk in. Washer, dryer and refrigerator are included. Located in a community with access to a clubhouse, swimming pool, and basketball court, this home offers a convenient lifestyle just minutes from shopping, dining, grocery stores, and everyday essentials. Now priced at $65,000. Buyer is advised to verify all information.

Key facts

  • Exterior paint
  • Clean carpet
  • Swimming pool

Tags

CLEAN CARPETEXTERIOR PAINTACCESS TO CLUBHOUSESWIMMING POOLBASKETBALL COURT

Property features AI

Finance

  • HOA & community: Homeowners association with monthly fee; Association fee is $1,109 per month; Community clubhouse; Management; Pets permitted; Picnic area; Playground; Pool; Subdivision: SUNSET VISTA

Exterior

  • Parking: 2 total parking spaces; 2 open parking spaces
  • Utilities: Residential use
  • Home design: Manufactured home; Built and currently standing
  • Construction: Asphalt roof
  • Exterior features: Partially fenced yard; Automatic full sprinkler system; Full landscaping

Interior

  • Kitchen: Range hood; Refrigerator; Portable dishwasher
  • Flooring: Carpet; Laminate; Tile
  • Bathrooms: 2 full bathrooms
  • Heating & cooling: Forced air heating; Central air conditioning
  • Interior features: Blinds on windows; Ceiling fan; Storage shed(s); Window coverings; Total of 8 rooms; No basement
  • Laundry & utility: Washer; 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 $65k. Condition is rated good.

Deal economics

  • At list price, monthly cash flow is $-47 ($-569/yr) — negative.
  • To cash-flow at today's rent, offer at most $58k (10.6% below list).
  • Meets the 1% rule at list price ($2k rent vs $65k).
  • Recommended offer: $58k (10.6% below list) — sets the bar for cash-flow.

Location & tenants

  • Location reads 74/100 on livability (#65 in UT, #4,367 nationally) — a middle-class / working-renter tenant base. Strengths: commute A+, housing A+, cost of living B; Watch: amenities F, health & safety D-.
  • Granite District (suburban): math 26% / reading 32% proficiency, ranked #69 of 80 in UT (top 86%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover.
  • Zoned schools: Elk Run Elementary (math 19% / reading 22%, grade F, #518 of 585 statewide, top 89%, 629 students, 55% FRL); Scott M Matheson Jr High (math 18% / reading 22%, grade F, #128 of 138 statewide, top 93%, 1,081 students, 51% FRL); Cyprus High (math 11% / reading 33%, grade F, #150 of 171 statewide, top 88%, 2,709 students, 47% FRL).
  • Market conditions: 209 active listings in the ZIP; 10 comparable units currently listed for rent nearby; rentals leasing fast (median 13d on market — plan ~1-2 weeks tenant-placement turnaround); solid renter incomes; 4,970 units permitted in Salt Lake County in 2024 (1,963 in 5+ unit buildings).

Forward outlook

  • Local home prices are declining (-3.0%/yr); year-one equity from $449 of loan paydown is wiped out by about $2k of value loss. Plan a longer hold.
  • Salt Lake County population projected at +37% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.

Negotiation context

  • It's been on market 50 days — a 3% lower offer ($63k) is reasonable based on typical stale-listing flexibility.

Risks & watch-outs

  • Watch-outs: HOA is 58% of rent.
  • Climate carrying-cost: moderate wildfire risk — expect insurance premiums to compound above CPI over the hold.
Recommended offer $58,136 (10.6% below list)

Questions for the listing agent

  1. What do current leases actually rent for vs. the listed asking? Can we see a recent rent roll and the last 12 months of T-12 income?
  2. It's been on market 50 days. Have you received any prior offers? Is the seller open to a 11% concession, seller financing, or rate buy-down credit?
  3. What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
  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. 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
2.94%
Cap rate
5.42%
Cash-on-cash
-3.13%
DSCR
0.86
GRM
2.8

CMA / ARV

No comps found within radius.

Projected returns pro-forma

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

5-year hold
IRR
-20.0%
Equity multiple
0.29×
Total profit
$-12,844
Equity at exit
$9,692
10-year hold
IRR
-10.4%
Equity multiple
0.33×
Total profit
$-12,188
Equity at exit
$5,620

Cash invested: $18,200 (down + closing). Projections, not guarantees.

Landlord ↔ Tenant lean methodology

Overall (STATE)
86 Strongly Landlord-Friendly
State Utah
86 Strongly Landlord-Friendly · R+15
County
— inherits STATE
City
— inherits STATE
3-day notice; preempted; landlord-favorable.

ZIP-level market 84044

Active inventory
209
Price-to-rent
2.8×

Monthly cashflow live

Estimated rent
$1,912 high interval (Pro) →
Mortgage (P&I)
$341
Tax est. 1.5%
$81 /mo · $975/yr
Insurance
$27
HOA
$1,109
Vacancy / Maint / Mgmt
$402
Net cashflow
$-47

Break-even live

Break-even rent $1,972
Max offer price $58,136
Occupancy floor 97%

Sensitivity live

Price -10% $-3 -5% $-25 +0% $-47 +5% $-70 +10% $-92
Rent -10% $-199 -5% $-123 +0% $-47 +5% $28 +10% $104
Rate -1.0pp $-15 -0.5pp $-31 base $-47 +0.5pp $-64 +1.0pp $-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
$16,250
Closing costs
$1,950
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 10 comps

AddressBedsBaths SqftRent$/sqft DOM Units Dist
8525 W Elk Mountain Rd Magna, UT 2.0–3.0 1.5–2.0 1075 $1,739 $1.62 15d 2 0.11mi
8279 Arbor Park Dr Magna, UT 1.0–3.0 1.0–2.0 849 $2,094 $2.46 3d 7 0.26mi
8468 W Meadow Bank Way Magna, UT 3.0 2.0 1337 $2,280 $1.71 6d 1 0.32mi
3544 S Kingsburg Cv Magna, UT 2.0 1.0 885 $1,490 $1.68 15d 1 0.44mi
8548 W Henderson Way Magna, UT 1.0–3.0 1.0–2.0 983 $2,129 $2.17 3d 25 0.45mi
4032 S Dry Hollow Ln Magna, UT 3.0–4.0 2.0–2.5 1462 $1,949 $1.33 3d 15 0.59mi
8061 W Copperfield Pl #32 Magna, UT 3.0 2.0 1005 $1,650 $1.64 6d 1 0.66mi
3700 Jefferson Cir Unit B Magna, UT 2.0 1.0 1000 $1,300 $1.30 25d 1 1.19mi
2679 S Melville Dr Magna, UT 2.0 1.0 795 $1,598 $2.01 18d 1 1.37mi
8733 Coppertree Ln Magna, UT 2.0–3.0 1.0–2.0 1000 $1,834 $1.83 12d 1 1.38mi

HOA detail

Monthly dues
$1,109 · $13,308/yr
Likely covers
pool

Listing history 14 events

  1. 2026-06-18
    days on market $65,000 Active 50 DOM
  2. 2026-06-17
    days on market $65,000 Active 49 DOM
  3. 2026-06-16
    days on market $65,000 Active 48 DOM
  4. 2026-06-15
    days on market $65,000 Active 47 DOM
  5. 2026-06-13
    days on market $65,000 Active 45 DOM
  6. 2026-06-09
    days on market $65,000 Active 41 DOM
  7. 2026-06-08
    days on market $65,000 Active 40 DOM
  8. 2026-06-07
    days on market $65,000 Active 39 DOM
  9. 2026-06-03
    days on market $65,000 Active 35 DOM
  10. 2026-06-02
    days on market $65,000 Active 34 DOM
  11. 2026-06-01
    days on market $65,000 Active 33 DOM
  12. 2026-05-31
    days on market $65,000 Active 32 DOM
  13. 2026-05-15
    price $65,000
  14. 2026-04-29
    listed $69,000 Active

ⓘ 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 3/10 Moderate FEMA zone X (unshaded) · 20% chance over 30 yrs
  • 🔥 Wildfire 5/10 Major
  • 🌡 Heat 4/10 Moderate 7 d/yr ≥93°F today · 20 d/yr by 30 yrs out
  • 💨 Wind 1/10 Low
  • 🫁 Air quality 3/10 Moderate 3 unhealthy d/yr today · 4 by 30 yrs out

Nearby sold comps map

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Walkable amenities ~0.75 mi

Loading nearby amenities…

Taxation est. · year 1

Rental income
$22,948
− Mortgage interest
−$3,641
− Property taxes
−$975
− Insurance
−$325
− Repairs & maintenance
−$1,836
− Management
−$1,836
− HOA
−$13,308
− Depreciation
−$1,891
Taxable loss
−$863
combined federal + state — saved on this device
Est. tax savings @ 24.0%
+$207
After-tax cash flow
$-362/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 well-maintained mobile home is in good condition with some cosmetic updates needed to enhance its resale and rental value.

Repairs flagged

  • Moderate kitchen cabinets — dated and in need of updating
  • Moderate bathroom fixtures — dated and in need of updating
  • Minor kitchen appliances — basic and outdated

Value-add opportunities

  • Resale paint interior walls — Fresh paint can make a significant difference in the home's appearance
  • Both update kitchen and bathroom — Modernizing these spaces can increase both resale and rental value
  • Resale replace carpeting — Carpet can be outdated and may need replacing for a more modern look

Renovation cost estimate screening

Repair itemSeverityEst. cost
kitchen cabinets · dated and in need of updating Moderate $3,000–15,000
bathroom fixtures · dated and in need of updating Moderate $3,000–15,000
kitchen appliances · basic and outdated Minor $500–3,000
Total estimated repair cost · 3 items $6,500–33,000

Value-add ROI direction

  • Resale paint interior walls — Fresh paint can make a significant difference in the home's appearance
  • Both update kitchen and bathroom — Modernizing these spaces can increase both resale and rental value
  • Resale replace carpeting — Carpet can be outdated and may need replacing for a more modern look

ⓘ 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
Granite District
NCES district ID
4900360
Math proficiency
26% ▼ -8.00%
Reading proficiency
32% ▼ -3.00%
Median HH income
$55,971
Composite
25.93/100
National rank
#7336
State rank
#69 of 80 in UT

Livability — Magna

Score
74/100
State rank
#65
US rank
#4367

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

Census place
Magna, UT
County
Salt Lake County · 1,195,750 people
City population
30,031
Metro
Salt Lake City, UT
Population (ZIP)
30,031
Household income
$90,346
Rent vs Own
21.1% rent · 78.9% own
Severe rent burden
384.0

Population outlook (Salt Lake County) Hauer SSP2

Today (2025)
1,305,860 people
By 2030
1,402,611 · +7.4%
By 2040
1,594,533 · +22.1%
By 2050
1,787,244 · +36.9%
By 2075
2,224,138 · +70.3%
By 2100
2,551,390 · +95.4%

Race, ethnicity, and origin ACS 2023

Neighborhood character
Diverse neighborhood (Simpson 0.58)
Race & ethnicity
White 54% Hispanic / Latino 36% Two or more races 14% Asian 2% Pacific Islander 2% Black 2%
Hispanic origin (detail)
Mexican 28%
Common ancestry
Slovak 4% Iranian 2% Italian 2%
Foreign-born
16% · Canada, Jamaica
Languages at home
71% English-only · Spanish 24% Other Asian/Pacific 2% Other Indo-European 2%

Political lean MEDSL · Salt Lake

2024 margin
D (+10.2) · D 53.7% · R 43.5% · Other 2.8%
2008→2024 swing
+10.1pp toward D · 2008: 0.1pp · 2024: 10.2pp
All cycles
2024: D+10.2 2020: D+11.0 2016: D+10.2 2012: R+19.3 2008: D+0.1

Not yet ingested

Civics

Market trends

HPI YoY
▼ -191.88%
Current HPI
355.0523
Rent YoY
Metro
Salt Lake City, UT
State GDP YoY
▲ 3.54%
F500 in state
2

Industry mix (Fortune 500 HQ in UT)

Industry F500 HQs Revenue

Price history

-5.8% since first listed
2 events — show timeline
  • 2026-05-15 Price Changed $65,000 WFRMLS
  • 2026-04-29 Listed $69,000 WFRMLS

Cash-flow waterfall

monthly

Sold comps — $/sqft

last 12 mo · ≤1 mi

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