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1150 W Red Pkwy #114
D+ Composite 49.7
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).

  • Cash flow +18.6/30.0
  • ARV discount +7.5/15.0
  • DSCR +5.8/10.0
  • 1% rule +5.3/10.0
  • Livability +3.8/5.0
  • Schools +3.7/10.0
  • Rent growth +2.5/5.0
  • Condition / age +2.5/5.0
  • Appreciation +0.0/10.0

$145,000

1150 W Red Pkwy #114 · Washington, UT 84780
1 bd · 1.0 ba · 510 sqft · Manufactured public records · 93 Days on market
Built 1986 2,178 sqft lot $139/mo HOA · 9% of rent

🖨 Deal sheet 📄 Offer letter ✓ Due diligence

Listing remarks

Great opportunity for affordable living in Canyon Breeze! This well-kept property offers a comfortable layout with a bright living area, wood-style flooring, and plenty of natural light. The kitchen has good cabinet space and a functional setup, with an adjoining dining area for everyday meals. The bedroom includes built-in storage to help maximize space. Enjoy the covered front porch, perfect for relaxing outside, plus 2 uncovered parking spots and low-maintenance yard space. Located close to shopping, restaurants, and other amenities.

Key facts

  • Covered front porch
  • Built in storage
  • Bright living area

Tags

BRIGHT LIVING AREAWOOD STYLE FLOORINGGOOD CABINET SPACEBUILT IN STORAGECOVERED FRONT PORCHLOW MAINTENANCE YARD

Property features AI

Finance

  • Other: Has view
  • HOA & community: Homeowners association (Cam Utah); Monthly association fee of $139 covering trash; Community amenities include clubhouse, gated access, fitness center, and pool; Subdivision: CANYON BREEZE RV RESORT

Exterior

  • Parking: Carport (covered) for 2 vehicles; 2 total parking spaces
  • Utilities: Natural gas connected; Electricity connected; Sewer connected; Water connected (culinary and irrigation)
  • Home design: Modular construction; Built/standing condition; Residential use; View facing mountain
  • Construction: Metal roof
  • Exterior features: Exterior lighting; Curb and gutter; Paved road; Mountain view; Flat terrain

Interior

  • Kitchen: Gas oven; Freestanding range; Dishwasher disposal; Microwave; Refrigerator
  • Bedrooms: 1 bedroom on the main level
  • Bathrooms: 1 full bathroom
  • Heating & cooling: Heat pump for heating; Heat pump for cooling
  • Interior features: Disposal; Oven: Gas; Freestanding range/oven; Ceiling fan; Microwave; Refrigerator; Satellite dish; Window coverings
  • 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 1-bed/1.0-bath manufactured listed at $145k.

Deal economics

  • At list price, monthly cash flow is $140 ($2k/yr) — positive.
  • The deal already cash-flows at list — no discount required.
  • Meets the 1% rule at list price ($1k rent vs $145k).
  • Recommended offer: $132k (9.0% below list) — sets the bar for market timing.

Location & tenants

  • Location reads 75/100 on livability (#59 in UT, #3,809 nationally) — a middle-class / working-renter tenant base. Strengths: commute A+, employment A+, housing A+; Watch: cost of living D, amenities F, health & safety F.
  • Washington District (urban): math 42% / reading 45% proficiency, ranked #37 of 80 in UT (top 46%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
  • Zoned schools: Sandstone School (math 21% / reading 28%, grade F, #474 of 585 statewide, top 83%, 506 students, 60% FRL); Pine View High (math 29% / reading 48%, grade F, #74 of 171 statewide, top 43%, 1,143 students, 33% FRL).
  • Zoned-school proficiency averages 32% at this address vs 44% district-wide (-12 pts) — the specific schools serving this property underperform the Washington District average; the district grade overstates school quality for this exact location.
  • Market conditions: Rents soft (-0.1%/yr); 1024 active listings in the ZIP; 3 comparable units currently listed for rent nearby; rentals leasing fast (median 13d on market — plan ~1-2 weeks tenant-placement turnaround); solid renter incomes; 3,140 units permitted in Washington County in 2024 (650 in 5+ unit buildings).

Forward outlook

  • Local home prices are declining (-3.0%/yr); year-one equity from $1k of loan paydown is wiped out by about $4k of value loss. Plan a longer hold.
  • Washington County population projected at +44% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.

Negotiation context

  • It's been on market 93 days — a 9% lower offer ($132k) is reasonable based on typical stale-listing flexibility.
  • 5 sale attempts since 11y 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: major wildfire risk; extreme-heat days projected 4→11/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.
Recommended offer $131,950 (9.0% below list)

Questions for the listing agent

  1. It's been on market 93 days. Have you received any prior offers? Is the seller open to a 9% concession, seller financing, or rate buy-down credit?
  2. What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
  3. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
  4. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
  5. 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?
  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
1.03%
Cap rate
7.45%
Cash-on-cash
4.14%
DSCR
1.18
GRM
8.1

CMA / ARV

No comps found within radius.

Projected returns pro-forma

-3.0% appreciation · 0.0% rent growth · sell at horizon

5-year hold
IRR
-13.4%
Equity multiple
0.53×
Total profit
$-18,912
Equity at exit
$21,620
10-year hold
IRR
-10.2%
Equity multiple
0.47×
Total profit
$-21,714
Equity at exit
$12,537

Cash invested: $40,600 (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 84780

Rents YoY
-0.1%
Active inventory
1024
Price-to-rent
8.1×

Monthly cashflow live

Estimated rent
$1,493 medium interval (Pro) →
Mortgage (P&I)
$760
Tax from tax record
$80 /mo · $958/yr
Insurance
$60
HOA
$139
Vacancy / Maint / Mgmt
$314
Net cashflow
$140

Break-even live

Break-even rent $1,316
Max offer price $145,000
Occupancy floor 86%

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
$36,250
Closing costs
$4,350
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
45 N Red Trail Ln Washington, UT 2.0 1.0–2.0 699 $1,499 $2.14 13d 1 0.17mi
190 N Red Stone Rd Washington, UT 1.0–3.0 1.0–2.0 943 $1,403 $1.49 13d 10 0.43mi
1165 E Bulloch St Washington, UT 1.0–3.0 1.0–2.5 1210 $1,449 $1.20 13d 8 0.60mi

HOA detail

Monthly dues
$139 · $1,668/yr

Listing history 25 events

  1. 2026-06-19
    days on market $145,000 Active 93 DOM
  2. 2026-06-18
    days on market $145,000 Active 92 DOM
  3. 2026-06-17
    days on market $145,000 Active 91 DOM
  4. 2026-06-16
    days on market $145,000 Active 90 DOM
  5. 2026-06-15
    days on market $145,000 Active 89 DOM
  6. 2026-06-14
    days on market $145,000 Active 87 DOM
  7. 2026-06-13
    days on market $145,000 Active 86 DOM
  8. 2026-06-10
    days on market $145,000 Active 84 DOM
  9. 2026-06-09
    days on market $145,000 Active 83 DOM
  10. 2026-06-08
    days on market $145,000 Active 82 DOM
  11. 2026-06-07
    days on market $145,000 Active 81 DOM
  12. 2026-06-05
    days on market $145,000 Active 78 DOM
  13. 2026-06-02
    days on market $145,000 Active 76 DOM
  14. 2026-06-01
    days on market $145,000 Active 75 DOM
  15. 2026-05-31
    days on market $145,000 Active 74 DOM
  16. 2026-05-30
    days on market $145,000 Active 73 DOM
  17. 2026-04-03
    historical
  18. 2026-03-18
    status Active
  19. 2026-03-18
    listed $145,000 Active
  20. 2026-02-24
    historical
  21. 2024-06-11
    listed $496,500 Active
  22. 2023-02-03
    historical
  23. 2017-04-03
    soldstatus
  24. 2015-10-18
    listed $55,000
  25. 2015-10-18
    listed $55,000

ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot backfill from property_details.listing_events for pre-trigger history.

Tax reassessment forecast UT · Resets to sale price

Current annual tax
$958 · $80/mo
Projected year-2 tax
$958 · $80/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 X (unshaded) · 0% chance over 30 yrs
  • 🔥 Wildfire 7/10 Severe
  • 🌡 Heat 6/10 Major 4 d/yr ≥103°F today · 11 d/yr by 30 yrs out
  • 💨 Wind 1/10 Low
  • 🫁 Air quality 2/10 Low 0 unhealthy d/yr today · 1 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
$17,919
− Mortgage interest
−$8,122
− Property taxes
−$958
− Insurance
−$725
− Repairs & maintenance
−$1,433
− Management
−$1,433
− HOA
−$1,668
− Depreciation
−$4,218
Taxable loss
−$640
combined federal + state — saved on this device
Est. tax savings @ 24.0%
+$154
After-tax cash flow
$1,833/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
Washington District
NCES district ID
4901140
Math proficiency
42% ▼ -3.00%
Reading proficiency
45% ▼ -3.00%
Median HH income
$50,861
Composite
37.47/100
National rank
#4408
State rank
#37 of 80 in UT

Livability — Washington

Score
75/100
State rank
#59
US rank
#3809

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

Census place
Washington, UT
County
Washington County · 179,216 people
City population
32,366
Metro
St. George, UT
Population (ZIP)
32,366
Household income
$91,963
Rent vs Own
25.3% rent · 74.7% own
Severe rent burden
1036.0

Population outlook (Washington County) Hauer SSP2

Today (2025)
193,324 people
By 2030
211,699 · +9.5%
By 2040
246,449 · +27.5%
By 2050
278,447 · +44.0%
By 2075
342,734 · +77.3%
By 2100
382,815 · +98.0%

Race, ethnicity, and origin ACS 2023

Neighborhood character
Predominantly White (77%)
Race & ethnicity
White 77% Hispanic / Latino 17% Two or more races 9%
Hispanic origin (detail)
Mexican 11% Puerto Rican 1%
Common ancestry
Italian 6% Slovak 5% Lithuanian 3%
Foreign-born
5% · Canada, Jamaica, China
Languages at home
89% English-only · Spanish 8% Chinese 1% German/W. Germanic 1%

Political lean MEDSL · Washington

2024 margin
Solid R (+52.3) · D 23.0% · R 75.2% · Other 1.8%
2008→2024 swing
+1.2pp toward D · 2008: -53.5pp · 2024: -52.3pp
All cycles
2024: R+52.3 2020: R+51.7 2016: R+52.1 2012: R+67.0 2008: R+53.5

Not yet ingested

Civics

Market trends

HPI YoY
▼ -144.73%
Current HPI
248.9421
Rent YoY
▼ -0.06%
Metro
St. George, UT
State GDP YoY
▲ 3.54%
F500 in state
2

Industry mix (Fortune 500 HQ in UT)

Industry F500 HQs Revenue

Price history

+163.6% since first listed
9 events — show timeline
  • 2026-04-03 Listing Removed WFRMLS
  • 2026-03-18 Relisted WFRMLS
  • 2026-03-18 Listed $145,000 WFRMLS
  • 2026-02-24 Listing Removed WFRMLS
  • 2024-06-11 Listed $496,500 WFRMLS
  • 2023-02-03 Listing Removed WFRMLS
  • 2017-04-03 Sold (Public Records) Public Records
  • 2015-10-18 Listed $55,000 WFRMLS
  • 2015-10-18 Listed $55,000 ICBORMLS

Property tax history

+5.4%/yr

Latest (2025): $958 · +5.3% YoY. Source: county tax records.

Cash-flow waterfall

monthly

Sold comps — $/sqft

last 12 mo · ≤1 mi

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