3 bd · 2.0 ba ·
0 sqft ·
Built 2026
· Manufactured
· Active
· 96 DOM
Cashflow @ list (25.0% down · 7.5%)
Estimated rent
$1,260/mo
Mortgage (P&I)
−$734
Tax + insurance
−$233
HOA
−$0
Vac / Maint / Mgmt
−$265
Net cashflow
$28/mo
Annual
$336/yr
Cap rate
6.53%
Cash-on-cash
0.86%
DSCR
1.04
1% rule
0.90%
Cash to close
$39,199
Investor read
This is a 3-bed/2.0-bath manufactured listed at $140k.
At list price, monthly cash flow is $28 ($336/yr) — positive.
The deal already cash-flows at list — no discount required.
To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $126k (10.0% below list).
It's been on market 96 days — a 9% lower offer ($127k) is reasonable based on typical stale-listing flexibility.
Recommended offer: $126k (10.0% below list) — sets the bar for 1% rule.
Local home prices are declining (-3.0%/yr); year-one equity from $968 of loan paydown is wiped out by about $4k of value loss. Plan a longer hold.
Location reads 84/100 on livability (#7 in ID, #758 nationally) — a professional / high-income tenant draw. Strengths: commute A+, cost of living A+, housing A+; Watch: amenities C-, employment D.
Pocatello District (urban): math 45% / reading 58% proficiency, ranked #26 of 92 in ID (top 28%) — acceptable for families but not a draw, mixed tenant base, ~2y average lease.
Zoned schools: Claude A Wilcox Elementary School (math 43% / reading 55%, grade D, #169 of 357 statewide, top 48%, 524 students, 60% FRL); Hawthorne Middle School (math 35% / reading 54%, grade D, #52 of 109 statewide, top 51%, 674 students, 48% FRL); Pocatello High School (math 45% / reading 65%, grade C, #25 of 169 statewide, top 14%, 1,352 students, 28% FRL) — zoned schools at 45% FRL track the district average.
Market conditions: Rents rising (+3.1%/yr); 212 active listings in the ZIP; 325 units permitted in Bannock County in 2024 (6 in 5+ unit buildings).
3 sale attempts 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.
Questions for listing agent
It's been on market 96 days. Have you received any prior offers? Is the seller open to a 10% concession, seller financing, or rate buy-down credit?
Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
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?
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.
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.
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.
CashFlowRE · CFR-X75RA683W1Q0WY
· Data 2 days agocashflowre.app · 2026-05-29