CashFlowRE
Sign in Sign up
1000 Windy Pass #78
D- Composite 35.17
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 +15.0/30.0
  • 1% rule +5.0/10.0
  • DSCR +5.0/10.0
  • Livability +3.2/5.0
  • Rent growth +3.1/5.0
  • Condition / age +2.5/5.0
  • Schools +1.4/10.0
  • ARV discount +0.0/15.0
  • Appreciation +0.0/10.0

$37,000

1000 Windy Pass #78 · Barstow, CA 92311
3 bd · 2.0 ba · 1,152 sqft · Manufactured public records · 60 Days on market
Built 1969 $32/sqft · 19% below area Est $29k · 30% over

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

Listing remarks MLS

Located in the desirable Sunrise Pass Community in Barstow, this well-maintained 2 bedroom, 1 bath home offers an affordable opportunity for homeownership. Featuring approximately 720 square feet of living space, this home includes a newer Painting, updated Kitchen and bathroom, indoor laundry hookups and a fenced yard providing added privacy and outdoor space. Sunrise Pass Community amenities include a pool, clubhouse and community laundry facilities. Conveniently located near shopping dining and freeway access. Space rent is $775 per month. Park approval required.

Key facts

  • Clubhouse
  • Fenced yard
  • Updated kitchen

Tags

UPDATED KITCHENFENCED YARDPOOLCLUBHOUSECOMMUNITY LAUNDRY FACILITIES

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 $37k.

Deal economics

  • At list price, monthly cash flow is $1k ($12k/yr) — positive.
  • The deal already cash-flows at list — no discount required.
  • Meets the 1% rule at list price ($2k rent vs $37k).
  • Recommended offer: $36k (3.0% below list) — sets the bar for market timing.
  • Cap rate 38.8% vs local median 4.6% in Barstow — 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 63/100 on livability (#444 in CA) — a middle-class / working-renter tenant base. Strengths: commute A+, housing A+; Watch: amenities C-, health & safety C-, schools F.
  • Barstow Unified (town): math 11% / reading 22% proficiency, ranked #482 of 517 in CA (top 93%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover; 68% free/reduced lunch — lower-income household profile, screen leases tightly.
  • Market conditions: Rents rising (+2.3%/yr); 343 active listings in the ZIP; 24 comparable units currently listed for rent nearby; rentals at typical pace (median 25d on market — plan ~3-4 weeks tenant-placement turnaround); 5,458 units permitted in San Bernardino County in 2024 (1,500 in 5+ unit buildings).

Forward outlook

  • Local home prices are declining (-3.0%/yr); year-one equity from $256 of loan paydown is wiped out by about $1k of value loss. Plan a longer hold.
  • San Bernardino County population projected at +15% by 2050 — modest demand growth; plan on rents tracking national, not racing it.
  • At projected returns (-3.0% appreciation + 2.3% rent growth), your $10k cash investment doubles in ~1 year — after that, you're playing with house money.

Negotiation context

  • It's been on market 60 days — a 3% lower offer ($36k) is reasonable based on typical stale-listing flexibility.

Risks & watch-outs

  • Climate carrying-cost: extreme-heat days projected 3→10/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.
Recommended offer $35,890 (3.0% below list)

Questions for the listing agent

  1. It's been on market 60 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 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?
  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. 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
4.18%
Cap rate
38.77%
Cash-on-cash
115.99%
DSCR
6.16
GRM
2.0

CMA / ARV

ARV (median comp)
$28,543
List price
$37,000
Delta
29.63%
Verdict
OVERPRICED
Comps
2 within 2.0 mi
Show comp detail 2 sales within ~0.75 mi
Address Dist Beds/Ba Sqft Sold Price $/sf Match
1000 Windy Pass #34 0.09mi 3/2.0 1,248 (+8%) 16mo $67,000 $54 68
1000 Windy Pass #105 0.00mi 2/1.0 (-1) 1,000 (-13%) 8mo $30,000 $30 62

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 · 2.32% rent growth · sell at horizon

5-year hold
IRR
Equity multiple
6.48×
Total profit
$56,735
Equity at exit
$5,517
10-year hold
IRR
Equity multiple
13.29×
Total profit
$127,284
Equity at exit
$3,199

Cash invested: $10,360 (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 92311

Home prices YoY
-30.6%
Rents YoY
2.3%
Active inventory
343
Price-to-rent
2.0×

Monthly cashflow live

Estimated rent
$1,545 high interval (Pro) →
Mortgage (P&I)
$194
Tax from tax record
$10 /mo · $117/yr
Insurance
$15
HOA
$0
Vacancy / Maint / Mgmt
$324
Net cashflow
$1,001

Break-even live

Break-even rent $277
Max offer price $37,000
Occupancy floor 30%

Sensitivity live

Price -10% $1,022 -5% $1,012 +0% $1,001 +5% $991 +10% $980
Rent -10% $879 -5% $940 +0% $1,001 +5% $1,062 +10% $1,123
Rate -1.0pp $1,020 -0.5pp $1,011 base $1,001 +0.5pp $992 +1.0pp $982

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
$9,250
Closing costs
$1,110
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 24 comps

AddressBedsBaths SqftRent$/sqft DOM Units Dist
751 Upton Dr Unit 2 Barstow, CA 2.0 1.0 800 $1,295 $1.62 19d 1 0.15mi
761 Upton Dr Unit C Barstow, CA 2.0 1.0 800 $1,199 $1.50 6d 1 0.15mi
810 Starlight St Barstow, CA 3.0 2.0 1430 $1,895 $1.33 44d 1 0.27mi
332 Date Ave Barstow, CA 4.0 2.0 1144 $1,950 $1.70 44d 1 0.54mi
1140 Deseret Ave Unit A Barstow, CA 3.0 2.0 1270 $1,550 $1.22 44d 1 0.59mi
937 E Elizabeth St Barstow, CA 4.0 1.0 1422 $2,195 $1.54 5d 1 0.64mi
755 E Virginia Way Barstow, CA 1.0–2.0 1.0–2.0 889 $1,295 $1.46 0d 1 0.65mi
628 E Virginia Way Unit D Barstow, CA 2.0 1.0 848 $1,095 $1.29 6d 1 0.66mi
615 E Virginia Way Barstow, CA 2.0 1.0 755 $1,036 $1.37 0d 1 0.75mi
945 Carson St Barstow, CA 2.0 1.0 800 $1,300 $1.62 44d 1 0.77mi
650 S Muriel Dr Barstow, CA 3.0 1.0 1320 $1,625 $1.23 25d 1 0.88mi
1801 Rimrock Rd Barstow, CA 1.0–2.0 1.0–2.0 775 $1,810 $2.34 0d 6 0.89mi
1900 Dill Rd Barstow, CA 1.0–3.0 1.0–2.0 892 $1,505 $1.69 0d 8 0.97mi
200 E Elizabeth St Barstow, CA 3.0 1.0 1096 $1,700 $1.55 25d 1 0.98mi
251 Juniper St Unit A Barstow, CA 2.0 1.0 1464 $1,350 $0.92 44d 1 1.00mi
820 S 2nd Ave Barstow, CA 2.0 1.0 855 $1,350 $1.58 44d 1 1.06mi
313 Maxine Ave Barstow, CA 2.0 1.0 700 $1,400 $2.00 13d 1 1.12mi
1061 May Ln Barstow, CA 2.0 1.0 900 $1,295 $1.44 12d 1 1.21mi
720 Mount Vernon Ave Barstow, CA 2.0 1.0 1172 $1,296 $1.11 13d 1 1.22mi
1040 May Ln Unit 15 Barstow, CA 2.0 2.0 875 $1,295 $1.48 44d 1 1.24mi
800 Arbor Way Barstow, CA 3.0 2.0 1000 $2,500 $2.50 25d 1 1.28mi
411 S 1st Ave Barstow, CA 2.0 1.0 800 $1,125 $1.41 44d 1 1.34mi
100 E Fredricks St Barstow, CA 2.0 1.0 1100 $1,195 $1.09 25d 1 1.44mi
149 W Buena Vista St Unit 149-C Barstow, CA 2.0 1.0 750 $1,395 $1.86 44d 1 1.46mi

Listing history 15 events

  1. 2026-06-18
    days on market $37,000 Active 60 DOM
  2. 2026-06-17
    days on market $37,000 Active 59 DOM
  3. 2026-06-16
    days on market $37,000 Active 58 DOM
  4. 2026-06-15
    days on market $37,000 Active 57 DOM
  5. 2026-06-13
    days on market $37,000 Active 55 DOM
  6. 2026-06-13
    days on market $37,000 Active 54 DOM
  7. 2026-06-09
    days on market $37,000 Active 51 DOM
  8. 2026-06-08
    pricedays on market $37,000 Active 50 DOM
  9. 2026-06-07
    days on market $42,000 Active 49 DOM
  10. 2026-06-04
    days on market $42,000 Active 46 DOM
  11. 2026-06-03
    days on market $42,000 Active 45 DOM
  12. 2026-06-02
    days on market $42,000 Active 44 DOM
  13. 2026-06-01
    days on market $42,000 Active 43 DOM
  14. 2026-05-31
    days on market $42,000 Active 42 DOM
  15. 2026-04-19
    listed $42,000 Active 572-char remark
    Show marketing remark (572 chars)

    Located in the desirable Sunrise Pass Community in Barstow, this well-maintained 2 bedroom, 1 bath home offers an affordable opportunity for homeownership. Featuring approximately 720 square feet of living space, this home includes a newer Painting, updated Kitchen and bathroom, indoor laundry hookups and a fenced yard providing added privacy and outdoor space. Sunrise Pass Community amenities include a pool, clubhouse and community laundry facilities. Conveniently located near shopping dining and freeway access. Space rent is $775 per month. Park approval required.

ⓘ 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
$117 · $10/mo
Projected year-2 tax
$281 · $23/mo
Expected delta
+$164/yr (+$14/mo · 140.4%)

ⓘ 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 4/10 Moderate
  • 🌡 Heat 8/10 Severe 3 d/yr ≥103°F today · 10 d/yr by 30 yrs out
  • 💨 Wind 1/10 Low
  • 🫁 Air quality 6/10 Major 11 unhealthy d/yr today · 15 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
$18,541
− Mortgage interest
−$2,073
− Property taxes
−$117
− Insurance
−$185
− Repairs & maintenance
−$1,483
− Management
−$1,483
− Depreciation
−$1,076
Taxable income
$12,123
combined federal + state — saved on this device
Est. tax owed @ 24.0%
−$2,910
After-tax cash flow
$9,107/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
Barstow Unified
NCES district ID
0604020
Math proficiency
11% ▼ -7.00%
Reading proficiency
22% ▼ -7.00%
Median HH income
$44,505
Composite
14.44/100
National rank
#9430
State rank
#482 of 517 in CA

Livability — Barstow

Score
63/100
State rank
#444
US rank
#15099

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

Census place
Barstow, CA
County
San Bernardino County · 2,030,291 people
City population
33,954
Metro
Riverside-San Bernardino-Ontario, CA
Population (ZIP)
33,954
Household income
$61,862
Rent vs Own
50.0% rent · 50.0% own
Severe rent burden
1305.0

Population outlook (San Bernardino County) Hauer SSP2

Today (2025)
2,300,329 people
By 2030
2,378,907 · +3.4%
By 2040
2,523,137 · +9.7%
By 2050
2,642,388 · +14.9%
By 2075
2,880,769 · +25.2%
By 2100
2,909,436 · +26.5%

Race, ethnicity, and origin ACS 2023

Neighborhood character
Diverse neighborhood (Simpson 0.68)
Race & ethnicity
Hispanic / Latino 46% White 29% Two or more races 22% Black 15% Native American 3% Asian 2% Pacific Islander 1%
Hispanic origin (detail)
Mexican 39% Puerto Rican 2%
Common ancestry
Portuguese 1% Lithuanian 1% Italian 1%
Foreign-born
9% · Canada, South Korea
Languages at home
77% English-only · Spanish 20% Tagalog/Filipino 1% Other Indo-European 1%

Political lean MEDSL · San Bernardino

2024 margin
Toss-up / Even · D 47.5% · R 49.7% · Other 2.8%
2008→2024 swing
-8.5pp toward R · 2008: 6.3pp · 2024: -2.1pp
All cycles
2024: R+2.1 2020: D+10.7 2016: D+9.8 2012: D+5.4 2008: D+6.3

Not yet ingested

Civics

Market trends

HPI YoY
▼ -139.26%
Current HPI
316.4858
Rent YoY
▲ 2.32%
Metro
Riverside-San Bernardino-Ontario, CA
State GDP YoY
▲ 3.21%
F500 in state
116

Industry mix (Fortune 500 HQ in CA)

Industry F500 HQs Revenue

Price history

1 event — show timeline
  • 2026-04-19 Listed $42,000 CRMLS

Property tax history

-1.8%/yr

Latest (2023): $117 · -1.7% YoY. Source: county tax records.

Cash-flow waterfall

monthly

Sold comps — $/sqft

last 12 mo · ≤1 mi

Loading sold comps…