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107 Alpine Ct
B- Composite 69.92
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 +28.9/30.0
  • DSCR +10.0/10.0
  • ARV discount +7.5/15.0
  • 1% rule +7.4/10.0
  • Appreciation +4.8/10.0
  • Schools +4.1/10.0
  • Rent growth +2.5/5.0
  • Condition / age +2.5/5.0
  • Livability +2.2/5.0

$92,000

107 Alpine Ct · Trinity Center, CA 96091
2 bd · 2.0 ba · 1,152 sqft · Manufactured · 143 Days on market
Built 1980 ↓ 7% since listing

🖨 Deal sheet 📄 Offer letter ✓ Due diligence

Listing remarks MLS

This Manufactured home that consists of 2 bedrooms , 2 full bathrooms, 1,152 sf of living space, nice open living room, family room, formal dining area, kitchen with plenty of storage, master bedroom & bath with garden tub and separate shower, a guest bed room and guest bathroom, a large front deck with filtered views of Trinity Lake. A very private location with many possibilities for improvements to create some built in equity. There has been some damage to the home from a tree on the roof, seller is in the process of having it removed. This is an 'AS IS' sale, buyer shall perform all inspections to their satisfaction. More pictures to come of the inside once some clean up has been done.

Key facts

  • Built 1980
  • Listed 143 days

Tags

CLOSE TO TRINITY LAKE

Property features AI

Exterior

  • Utilities: Septic tank
  • Home design: Manufactured home (residential); Sits in R-1 (One-Family Residence) zoning
  • Exterior features: Located on a cul-de-sac

Interior

  • Kitchen: Dishwasher; Refrigerator
  • Bedrooms: Total rooms: 9
  • Flooring: Carpet; Vinyl
  • Bathrooms: 2 full bathrooms
  • Heating & cooling: Electric heat; Central air conditioning
  • Interior features: Window coverings; Has a view
  • Laundry & utility: Electric water heater

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 $92k.

Deal economics

  • At list price, monthly cash flow is $312 ($4k/yr) — positive.
  • The deal already cash-flows at list — no discount required.
  • Meets the 1% rule at list price ($1k rent vs $92k).
  • Recommended offer: $81k (12.0% below list) — sets the bar for market timing.

Location & tenants

  • Location reads 44/100 on livability (#1,324 in CA) — a working-class tenant base; expect higher turnover. Watch: crime F, amenities F, commute F.
  • Trinity Center Elementary (rural): math 25% / reading 75% proficiency, ranked #159 of 517 in CA (top 31%) — acceptable for families but not a draw, mixed tenant base, ~2y average lease.
  • Zoned schools: Trinity Center Elementary (math 24% / reading 75%, 13 students, 77% FRL) — zoned schools average 77% FRL vs 52% district-wide (25 pts higher); higher-poverty schools than district average — tighter screening recommended.
  • Market conditions: 37 active listings in the ZIP; 21 units permitted in Trinity County in 2024 (0 in 5+ unit buildings).

Forward outlook

  • In year one you build about $221 of equity ($636 loan paydown + $-415 appreciation (-0.5% local appreciation)).
  • Trinity County population projected at -38% by 2050 — secular population decline; favor cash flow + early exit over multi-decade hold.
  • At projected returns (-0.5% appreciation + 3.0% rent growth), your $26k cash investment doubles in ~6 years — after that, you're playing with house money.

Negotiation context

  • It's been on market 143 days — a 12% lower offer ($81k) is reasonable based on typical stale-listing flexibility.
  • 5 sale attempts since 6y ago; this cycle's ask has dropped $7k (7%) from the opening price — seller is motivated, your offer sets the floor, not the list.
  • Current owner paid $71k; 30% above their basis — modest negotiation headroom, anchor on the comps not their cost.

Risks & watch-outs

  • Climate carrying-cost: major wildfire risk; extreme-heat days projected 6→14/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.
Recommended offer $80,960 (12.0% below list)

Questions for the listing agent

  1. It's been on market 143 days. Have you received any prior offers? Is the seller open to a 12% concession, seller financing, or rate buy-down credit?
  2. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
  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. Crime grade is F 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?
  6. 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.
  7. 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.
  8. 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
1.24%
Cap rate
10.36%
Cash-on-cash
14.52%
DSCR
1.65
GRM
6.7

CMA / ARV

No comps found within radius.

Projected returns pro-forma

-0.45% appreciation · 3.0% rent growth · sell at horizon

5-year hold
IRR
12.7%
Equity multiple
1.59×
Total profit
$15,224
Equity at exit
$24,659
10-year hold
IRR
17.9%
Equity multiple
2.89×
Total profit
$48,718
Equity at exit
$28,048

Cash invested: $25,760 (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 96091

Home prices YoY
-0.4%
Active inventory
37
Price-to-rent
6.7×

Monthly cashflow live

Estimated rent
$1,143 medium interval (Pro) →
Mortgage (P&I)
$482
Tax from tax record
$71 /mo · $849/yr
Insurance
$38
HOA
$0
Vacancy / Maint / Mgmt
$240
Net cashflow
$312

Break-even live

Break-even rent $749
Max offer price $92,000
Occupancy floor 68%

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
$23,000
Closing costs
$2,760
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 11 events

  1. 2026-05-15
    status Pending
  2. 2026-04-22
    price $92,000
  3. 2025-12-30
    status Active
  4. 2025-12-30
    price $95,000
  5. 2025-11-10
    listed $99,000 Active
  6. 2020-08-07
    soldstatus $71,000 704-char remark
    Show marketing remark (406 chars)

    This Manufactured home that consists of 2 bedrooms , 2 full bathrooms, 1,152 sf of living space, nice open living room, family room, formal dining area, kitchen with plenty of storage, master bedroom & bath with garden tub and separate shower, a guest bed room and guest bathroom, a large front deck with filtered views of Trinity Lake. A very private location with many possibilities for improvement

  7. 2020-08-07
    soldstatus $71,000 406-char remark
    Show marketing remark (406 chars)

    This Manufactured home that consists of 2 bedrooms , 2 full bathrooms, 1,152 sf of living space, nice open living room, family room, formal dining area, kitchen with plenty of storage, master bedroom & bath with garden tub and separate shower, a guest bed room and guest bathroom, a large front deck with filtered views of Trinity Lake. A very private location with many possibilities for improvement

  8. 2020-08-07
    soldstatus $71,000
    Show marketing remark (406 chars)

    This Manufactured home that consists of 2 bedrooms , 2 full bathrooms, 1,152 sf of living space, nice open living room, family room, formal dining area, kitchen with plenty of storage, master bedroom & bath with garden tub and separate shower, a guest bed room and guest bathroom, a large front deck with filtered views of Trinity Lake. A very private location with many possibilities for improvement

  9. 2020-04-20
    listed $99,000
  10. 2020-03-31
    listed $99,000 406-char remark
    Show marketing remark (406 chars)

    This Manufactured home that consists of 2 bedrooms , 2 full bathrooms, 1,152 sf of living space, nice open living room, family room, formal dining area, kitchen with plenty of storage, master bedroom & bath with garden tub and separate shower, a guest bed room and guest bathroom, a large front deck with filtered views of Trinity Lake. A very private location with many possibilities for improvement

  11. 2020-03-05
    listed $99,000 704-char remark
    Show marketing remark (704 chars)

    This Manufactured home that consists of 2 bedrooms , 2 full bathrooms, 1,152 sf of living space, nice open living room, family room, formal dining area, kitchen with plenty of storage, master bedroom & bath with garden tub and separate shower, a guest bed room and guest bathroom, a large front deck with filtered views of Trinity Lake. A very private location with many possibilities for improvements to create some built in equity. There has been some damage to the home from a tree on the roof, seller is in the process of having it removed. This is an 'AS IS' sale, buyer shall perform all inspections to their satisfaction. More pictures to come of the inside once some clean up has been done.

ⓘ 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
$849 · $71/mo
Projected year-2 tax
$849 · $71/mo
Expected delta
$0/yr ($0/mo · 0.0%)

ⓘ 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 7/10 Severe
  • 🌡 Heat 5/10 Major 6 d/yr ≥96°F today · 14 d/yr by 30 yrs out
  • 💨 Wind 1/10 Low
  • 🫁 Air quality 10/10 Extreme 42 unhealthy d/yr today · 44 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
$13,722
− Mortgage interest
−$5,153
− Property taxes
−$849
− Insurance
−$460
− Repairs & maintenance
−$1,098
− Management
−$1,098
− Depreciation
−$2,676
Taxable income
$2,387
combined federal + state — saved on this device
Est. tax owed @ 24.0%
−$573
After-tax cash flow
$3,168/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
Trinity Center Elementary
NCES district ID
0639750
Math proficiency
25% ▲ 25.00%
Reading proficiency
75% ▲ 75.00%
Median HH income
$35,474
Composite
41.19/100
National rank
#3545
State rank
#159 of 517 in CA

Livability — Trinity Center

Score
44/100
State rank
#1324
US rank
#26715

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

Population (ZIP)
761

Population outlook (Trinity County) Hauer SSP2

Today (2025)
11,337 people
By 2030
10,349 · -8.7%
By 2040
8,518 · -24.9%
By 2050
7,084 · -37.5%
By 2075
4,693 · -58.6%
By 2100
2,894 · -74.5%

Race, ethnicity, and origin ACS 2023

Neighborhood character
Predominantly White (89%)
Race & ethnicity
White 89% Pacific Islander 4% Native American 2%
Common ancestry
Italian 5% Portuguese 2% Slovak 2%
Foreign-born
1% · Canada
Languages at home
98% English-only · Spanish 1%

Political lean MEDSL · Trinity

2024 margin
Lean R (+9.4) · D 43.4% · R 52.8% · Other 3.8%
2008→2024 swing
-14.0pp toward R · 2008: 4.6pp · 2024: -9.4pp
All cycles
2024: R+9.4 2020: R+5.4 2016: R+11.3 2012: R+1.1 2008: D+4.6

Not yet ingested

Civics

Market trends

HPI YoY
▼ -0.45%
Current HPI
121.6124
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

-7.1% since first listed
11 events — show timeline
  • 2026-05-15 Pending Trinity AOR
  • 2026-04-22 Price Changed $92,000 Trinity AOR
  • 2025-12-30 Relisted Trinity AOR
  • 2025-12-30 Price Changed $95,000 Trinity AOR
  • 2025-11-10 Listed $99,000 Trinity AOR
  • 2020-08-07 Sold (MLS) $71,000 HAR
  • 2020-08-07 Sold (MLS) $71,000 SAOR
  • 2020-08-07 Sold (MLS) $71,000 Trinity AOR
  • 2020-04-20 Listed $99,000 HAR
  • 2020-03-31 Listed $99,000 SAOR
  • 2020-03-05 Listed $99,000 Trinity AOR

Property tax history

+14.2%/yr

Latest (2025): $849 · +1.4% YoY. Source: county tax records.

Cash-flow waterfall

monthly

Sold comps — $/sqft

last 12 mo · ≤1 mi

Loading sold comps…