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18555 Roberts Rd #59
C Composite 58.18
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 +27.5/30.0
  • 1% rule +10.0/10.0
  • DSCR +9.6/10.0
  • Livability +3.4/5.0
  • Schools +2.7/10.0
  • Rent growth +2.5/5.0
  • Condition / age +2.5/5.0
  • ARV discount +0.0/15.0
  • Appreciation +0.0/10.0

$89,900

18555 Roberts Rd #59 · Desert Edge, CA 92241
2 bd · 2.0 ba · 1,440 sqft · Manufactured · 334 Days on market
Built 1977 $62/sqft · 33% above area Est $67k · 33% over $575/mo HOA · 31% of rent

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

Listing remarks MLS

Desert View, the 55+ Community! Extremely well maintained home with 1,440sf just perfect for intimate evenings or lively events for family and friends. There is even an extra sleeping space that is curtained off from the main living room area and can be used as a wet bar area. With several exterior plantings, the interior of this home is extremely private. The updated kitchen offers granite counters and a gas stove/range, refrigerator, dishwasher and microwave oven. There are also the regular sized washer and dryer in the mud room that also features access to the hall bath with dual door access. The primary suite is extremely spacious and features the soaking tub, separate stall shower, WC and a large closet. The second bedroom is also extremely spacious and the living, dining and kitchen area are also spacious. The floors are a manufactured hardwood simulated floor - no carpeting - great! The home is being sold furnished but if you have your own furniture, I have a local organization who will come and pick up anything you don't want to keep. This home is easy to show. Desert View MHC offers a large mineral springs pool, indoor spas, a sauna, a large clubhouse for vents with a large kitchen, separate laundry room and Billiard's and Card Tables, etc.

Key facts

  • Gas stove range
  • Wet bar area
  • Indoor spas

Tags

WET BAR AREAUPDATED KITCHENGRANITE COUNTERSGAS STOVE RANGELARGE MINERAL SPRINGS POOLINDOOR SPAS

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 $90k.

Deal economics

  • At list price, monthly cash flow is $265 ($3k/yr) — positive.
  • The deal already cash-flows at list — no discount required.
  • Meets the 1% rule at list price ($2k rent vs $90k).
  • Recommended offer: $79k (12.0% below list) — sets the bar for market timing.
  • Cap rate 9.8% vs local median 14.8% in Desert Edge — below-typical yield; the buyer is paying a premium for something (appreciation thesis, condition, location) that the cap rate doesn't capture.

Location & tenants

  • Location reads 68/100 on livability (#297 in CA) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A+; Watch: crime C-, schools F, commute D-.
  • Palm Springs Unified (suburban): math 21% / reading 42% proficiency, ranked #328 of 517 in CA (top 63%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases; 73% free/reduced lunch — lower-income household profile, screen leases tightly.
  • Market conditions: 218 active listings in the ZIP; 3 comparable units currently listed for rent nearby; rentals at typical pace (median 25d 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 $622 of loan paydown is wiped out by about $3k 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 $25k cash investment doubles in ~9 years — after that, you're playing with house money.

Negotiation context

  • It's been on market 334 days — a 12% lower offer ($79k) is reasonable based on typical stale-listing flexibility.
  • 2 sale attempts since 22y ago; this cycle's ask has dropped $20k (18%) from the opening price — seller is motivated, your offer sets the floor, not the list.

Risks & watch-outs

  • Watch-outs: HOA is 31% of rent.
  • Climate carrying-cost: moderate wildfire risk; extreme-heat days projected 4→10/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.
Recommended offer $79,112 (12.0% below list)

Questions for the listing agent

  1. It's been on market 334 days. Have you received any prior offers? Is the seller open to a 12% concession, seller financing, or rate buy-down credit?
  2. Built in 1977 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
  3. What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
  4. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
  5. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
  6. 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?
  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
2.06%
Cap rate
9.83%
Cash-on-cash
12.64%
DSCR
1.56
GRM
4.0

CMA / ARV

ARV (median comp)
$67,500
List price
$89,900
Delta
33.19%
Verdict
OVERPRICED
Comps
20 within 1.0 mi
Show comp detail 12 sales within ~0.75 mi
Address Dist Beds/Ba Sqft Sold Price $/sf Match
18555 Roberts Rd #95 0.00mi 2/2.0 1,500 (+4%) 8mo $80,000 $53 86
17800 Langlois Rd #218 0.41mi 2/2.0 1,440 (0%) 2mo $50,000 $35 80
18555 Roberts Rd #20 0.00mi 2/2.0 1,344 (-7%) 12mo $55,900 $42 79
18555 Roberts Rd #58 0.00mi 2/2.0 1,344 (-7%) 15mo $57,000 $42 76
18555 Roberts Rd #10 0.00mi 2/2.0 1,300 (-10%) 11mo $90,000 $69 75
18070 Langlois Rd #220 0.19mi 2/2.0 1,620 (+12%) 1mo $162,500 $100 69
18070 Langlois #206 0.19mi 2/2.0 1,250 (-13%) 1mo $185,000 $148 68
18131 Langlois Rd Unit S14 0.29mi 2/2.0 1,344 (-7%) 13mo $103,000 $77 65
17625 Langlois Rd Spc 13 0.56mi 2/2.0 1,344 (-7%) 0mo $65,000 $48 62
18070 Langlois Rd #245 0.19mi 2/2.0 1,248 (-13%) 12mo $89,000 $71 59
18070 Langlois Rd #253 0.32mi 3/2.0 (+1) 1,344 (-7%) 13mo $160,000 $119 58
70875 Dillon Rd #18 0.73mi 3/2.0 (+1) 1,248 (-13%) 8mo $130,000 $104 32

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
2.8%
Equity multiple
1.11×
Total profit
$2,706
Equity at exit
$13,404
10-year hold
IRR
12.7%
Equity multiple
2.02×
Total profit
$25,656
Equity at exit
$7,773

Cash invested: $25,172 (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 92241

Home prices YoY
-22.8%
Active inventory
218
Price-to-rent
4.0×

Monthly cashflow live

Estimated rent
$1,850 medium interval (Pro) →
Mortgage (P&I)
$471
Tax est. 1.5%
$112 /mo · $1,348/yr
Insurance
$37
HOA
$575
Vacancy / Maint / Mgmt
$388
Net cashflow
$265

Break-even live

Break-even rent $1,514
Max offer price $89,900
Occupancy floor 81%

Sensitivity live

Price -10% $327 -5% $296 +0% $265 +5% $234 +10% $203
Rent -10% $119 -5% $192 +0% $265 +5% $338 +10% $411
Rate -1.0pp $310 -0.5pp $288 base $265 +0.5pp $242 +1.0pp $218

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
$22,475
Closing costs
$2,697
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 3 comps

AddressBedsBaths SqftRent$/sqft DOM Units Dist
18070 Langlois Rd Dsrt Hot Spgs, CA 2.0 2.0 950 $1,850 $1.95 25d 1 0.19mi
18070 Langlois Rd Dsrt Hot Spgs, CA 2.0 2.0 950 $1,850 $1.95 0d 1 0.19mi
18070 Langlois Rd #257 Desert Hot Springs, CA 2.0 2.0 1056 $1,850 $1.75 44d 1 0.19mi

HOA detail

Monthly dues
$575 · $6,900/yr
Likely covers
gaspool

Listing history 19 events

  1. 2026-06-21
    days on market $89,900 Active 334 DOM
  2. 2026-06-18
    days on market $89,900 Active 331 DOM
  3. 2026-06-17
    days on market $89,900 Active 330 DOM
  4. 2026-06-16
    days on market $89,900 Active 329 DOM
  5. 2026-06-15
    days on market $89,900 Active 328 DOM
  6. 2026-06-13
    days on market $89,900 Active 326 DOM
  7. 2026-06-13
    pricedays on market $89,900 Active 325 DOM
  8. 2026-06-09
    days on market $99,000 Active 322 DOM
  9. 2026-06-08
    days on market $99,000 Active 321 DOM
  10. 2026-06-07
    days on market $99,000 Active 320 DOM
  11. 2026-06-04
    days on market $99,000 Active 317 DOM
  12. 2026-06-03
    days on market $99,000 Active 316 DOM
  13. 2026-06-02
    days on market $99,000 Active 315 DOM
  14. 2026-06-01
    days on market $99,000 Active 314 DOM
  15. 2026-05-31
    days on market $99,000 Active 313 DOM
  16. 2025-09-07
    price $99,000 1270-char remark
    Show marketing remark (1270 chars)

    Desert View, the 55+ Community! Extremely well maintained home with 1,440sf just perfect for intimate evenings or lively events for family and friends. There is even an extra sleeping space that is curtained off from the main living room area and can be used as a wet bar area. With several exterior plantings, the interior of this home is extremely private. The updated kitchen offers granite counters and a gas stove/range, refrigerator, dishwasher and microwave oven. There are also the regular sized washer and dryer in the mud room that also features access to the hall bath with dual door access. The primary suite is extremely spacious and features the soaking tub, separate stall shower, WC and a large closet. The second bedroom is also extremely spacious and the living, dining and kitchen area are also spacious. The floors are a manufactured hardwood simulated floor - no carpeting - great! The home is being sold furnished but if you have your own furniture, I have a local organization who will come and pick up anything you don't want to keep. This home is easy to show. Desert View MHC offers a large mineral springs pool, indoor spas, a sauna, a large clubhouse for vents with a large kitchen, separate laundry room and Billiard's and Card Tables, etc.

  17. 2025-07-22
    listed $110,000 Active 1270-char remark
    Show marketing remark (1270 chars)

    Desert View, the 55+ Community! Extremely well maintained home with 1,440sf just perfect for intimate evenings or lively events for family and friends. There is even an extra sleeping space that is curtained off from the main living room area and can be used as a wet bar area. With several exterior plantings, the interior of this home is extremely private. The updated kitchen offers granite counters and a gas stove/range, refrigerator, dishwasher and microwave oven. There are also the regular sized washer and dryer in the mud room that also features access to the hall bath with dual door access. The primary suite is extremely spacious and features the soaking tub, separate stall shower, WC and a large closet. The second bedroom is also extremely spacious and the living, dining and kitchen area are also spacious. The floors are a manufactured hardwood simulated floor - no carpeting - great! The home is being sold furnished but if you have your own furniture, I have a local organization who will come and pick up anything you don't want to keep. This home is easy to show. Desert View MHC offers a large mineral springs pool, indoor spas, a sauna, a large clubhouse for vents with a large kitchen, separate laundry room and Billiard's and Card Tables, etc.

  18. 2005-06-03
    historical
  19. 2004-11-11
    listed $34,900

ⓘ 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 1/10 Low FEMA zone X (unshaded) · 0% chance over 30 yrs
  • 🔥 Wildfire 5/10 Major
  • 🌡 Heat 8/10 Severe 4 d/yr ≥109°F today · 10 d/yr by 30 yrs out
  • 💨 Wind 1/10 Low
  • 🫁 Air quality 5/10 Major 6 unhealthy d/yr today · 8 by 30 yrs out

Nearby sold comps map

Loading sold comps map…

Walkable amenities ~0.75 mi

Loading nearby amenities…

Taxation est. · year 1

Rental income
$22,200
− Mortgage interest
−$5,036
− Property taxes
−$1,348
− Insurance
−$450
− Repairs & maintenance
−$1,776
− Management
−$1,776
− HOA
−$6,900
− Depreciation
−$2,615
Taxable income
$2,299
combined federal + state — saved on this device
Est. tax owed @ 24.0%
−$552
After-tax cash flow
$2,631/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
Palm Springs Unified
NCES district ID
0629550
Math proficiency
21% ▼ -7.00%
Reading proficiency
42% ▬ 0.00%
Median HH income
$43,638
Composite
26.76/100
National rank
#7131
State rank
#328 of 517 in CA

Livability — Desert Edge

Score
68/100
State rank
#297
US rank
#9953

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

Census place
Desert Edge, CA
Population (ZIP)
8,624

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

Race & ethnicity
White 50% Hispanic / Latino 46% Two or more races 16% Asian 2% Native American 1%
Hispanic origin (detail)
Mexican 36%
Common ancestry
Lithuanian 3% Slovak 2% Portuguese 2%
Foreign-born
28% · Canada, South Korea
Languages at home
57% English-only · Spanish 38% Chinese 1% Russian/Polish/Slavic 1%

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
▼ -118.23%
Current HPI
400.5663
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

+183.7% since first listed
4 events — show timeline
  • 2025-09-07 Price Changed $99,000 TheMLS
  • 2025-07-22 Listed $110,000 TheMLS
  • 2005-06-03 Listing Removed GPSMLS
  • 2004-11-11 Listed $34,900 GPSMLS

Cash-flow waterfall

monthly

Sold comps — $/sqft

last 12 mo · ≤1 mi

Loading sold comps…