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1150 W Red Pkwy #66
B- Composite 69.98
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 +30.0/30.0
  • 1% rule +10.0/10.0
  • DSCR +10.0/10.0
  • ARV discount +7.5/15.0
  • 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

$105,000

1150 W Red Pkwy #66 · Washington, UT 84780
2 bd · 2.0 ba · 648 sqft · Manufactured public records · 54 Days on market
Built 1985 2,178 sqft lot $139/mo HOA · 9% of rent

🖨 Deal sheet 📄 Offer letter ✓ Due diligence

Listing remarks MLS

Whether you are looking for a seasonal getaway or a permanent home in the red rocks, this property offers an unbeatable price point in a convenient location. Enjoy a 55+ community with low-maintenance living while being surrounded by the stunning vistas that Southern Utah is known for.

Key facts

  • Stunning vistas
  • Convenient location
  • 2,178 sq ft lot

Tags

LOW MAINTENANCE LIVINGCONVENIENT LOCATIONSTUNNING VISTAS

Property features AI

Finance

  • HOA & community: Homeowners association with monthly fee; Monthly association fee of $139; Community features: clubhouse, fitness center, pool, spa/hot tub; Senior community (CANYON BREEZE RV RESORT)

Exterior

  • Parking: 2 open/uncovered parking spaces
  • Utilities: Electricity connected; Sewer connected; Water (culinary) connected
  • Home design: Mobile home; Single-family use; Ramp for accessibility; PUD zoning
  • Construction: Clapboard/Masonite exterior; Metal roof; Built/standing condition
  • Exterior features: Awning(s); Covered deck; Curb and gutter; Paved road; Flat terrain

Interior

  • Kitchen: Microwave; Refrigerator; Range/Oven (free-standing)
  • Bedrooms: 3 rooms total (includes bedrooms and living areas)
  • Flooring: Carpet
  • Bathrooms: 1 full bathroom; 1 partial/half bathroom
  • Heating & cooling: Electric heating; Central air; Heat pump
  • Interior features: Disposal; Free-standing range/oven; Blinds; Storage shed(s)
  • 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 2-bed/2.0-bath manufactured listed at $105k.

Deal economics

  • At list price, monthly cash flow is $510 ($6k/yr) — positive.
  • The deal already cash-flows at list — no discount required.
  • Meets the 1% rule at list price ($2k rent vs $105k).
  • Recommended offer: $102k (3.0% 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; 1 comparable units currently listed for rent nearby; 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 $726 of loan paydown is wiped out by about $3k 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.
  • At projected returns (-3.0% appreciation + 0.0% rent growth), your $29k cash investment doubles in ~8 years — after that, you're playing with house money.

Negotiation context

  • It's been on market 54 days — a 3% lower offer ($102k) is reasonable based on typical stale-listing flexibility.
  • 7 sale attempts since 20y ago; this cycle's ask has dropped $15k (12%) from the opening price — seller is motivated, your offer sets the floor, not the list.

Risks & watch-outs

  • Climate carrying-cost: major wildfire risk; extreme-heat days projected 5→14/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.
Recommended offer $101,850 (3.0% below list)

Questions for the listing agent

  1. It's been on market 54 days. Have you received any prior offers? Is the seller open to a 3% 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. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
  4. 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.
  5. 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.
  6. 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
1.55%
Cap rate
12.12%
Cash-on-cash
20.80%
DSCR
1.93
GRM
5.4

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
9.6%
Equity multiple
1.36×
Total profit
$10,718
Equity at exit
$15,656
10-year hold
IRR
16.0%
Equity multiple
2.12×
Total profit
$32,887
Equity at exit
$9,078

Cash invested: $29,400 (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
5.4×

Monthly cashflow live

Estimated rent
$1,631 medium interval (Pro) →
Mortgage (P&I)
$551
Tax from tax record
$45 /mo · $542/yr
Insurance
$44
HOA
$139
Vacancy / Maint / Mgmt
$342
Net cashflow
$510

Break-even live

Break-even rent $986
Max offer price $105,000
Occupancy floor 64%

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
$26,250
Closing costs
$3,150
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 1 comps

AddressBedsBaths SqftRent$/sqft DOM Units Dist
115 N 500 W Washington, UT 1.0–3.0 1.0–2.0 912 $1,810 $1.98 21d 1 0.57mi

HOA detail

Monthly dues
$139 · $1,668/yr

Listing history 50 events

  1. 2026-06-19
    days on market $105,000 Active 54 DOM
  2. 2026-06-18
    days on market $105,000 Active 53 DOM
  3. 2026-06-17
    days on market $105,000 Active 52 DOM
  4. 2026-06-16
    days on market $105,000 Active 51 DOM
  5. 2026-06-15
    days on market $105,000 Active 50 DOM
  6. 2026-06-14
    days on market $105,000 Active 48 DOM
  7. 2026-06-13
    days on market $105,000 Active 47 DOM
  8. 2026-06-10
    days on market $105,000 Active 45 DOM
  9. 2026-06-09
    days on market $105,000 Active 44 DOM
  10. 2026-06-08
    days on market $105,000 Active 43 DOM
  11. 2026-06-07
    days on market $105,000 Active 42 DOM
  12. 2026-06-05
    days on market $105,000 Active 39 DOM
  13. 2026-06-02
    days on market $105,000 Active 37 DOM
  14. 2026-06-01
    days on market $105,000 Active 36 DOM
  15. 2026-05-31
    days on market $105,000 Active 35 DOM
  16. 2026-05-30
    days on market $105,000 Active 34 DOM
  17. 2026-05-08
    price $105,000
    Show marketing remark (286 chars)

    Whether you are looking for a seasonal getaway or a permanent home in the red rocks, this property offers an unbeatable price point in a convenient location. Enjoy a 55+ community with low-maintenance living while being surrounded by the stunning vistas that Southern Utah is known for.

  18. 2026-05-08
    price $105,000 286-char remark
    Show marketing remark (286 chars)

    Whether you are looking for a seasonal getaway or a permanent home in the red rocks, this property offers an unbeatable price point in a convenient location. Enjoy a 55+ community with low-maintenance living while being surrounded by the stunning vistas that Southern Utah is known for.

  19. 2026-04-30
    status Active
    Show marketing remark (286 chars)

    Whether you are looking for a seasonal getaway or a permanent home in the red rocks, this property offers an unbeatable price point in a convenient location. Enjoy a 55+ community with low-maintenance living while being surrounded by the stunning vistas that Southern Utah is known for.

  20. 2026-04-30
    status Active 286-char remark
    Show marketing remark (286 chars)

    Whether you are looking for a seasonal getaway or a permanent home in the red rocks, this property offers an unbeatable price point in a convenient location. Enjoy a 55+ community with low-maintenance living while being surrounded by the stunning vistas that Southern Utah is known for.

  21. 2026-04-24
    status Under Contract
    Show marketing remark (286 chars)

    Whether you are looking for a seasonal getaway or a permanent home in the red rocks, this property offers an unbeatable price point in a convenient location. Enjoy a 55+ community with low-maintenance living while being surrounded by the stunning vistas that Southern Utah is known for.

  22. 2026-04-24
    status Pending 286-char remark
    Show marketing remark (286 chars)

    Whether you are looking for a seasonal getaway or a permanent home in the red rocks, this property offers an unbeatable price point in a convenient location. Enjoy a 55+ community with low-maintenance living while being surrounded by the stunning vistas that Southern Utah is known for.

  23. 2026-04-20
    listed $120,000 Active
    Show marketing remark (286 chars)

    Whether you are looking for a seasonal getaway or a permanent home in the red rocks, this property offers an unbeatable price point in a convenient location. Enjoy a 55+ community with low-maintenance living while being surrounded by the stunning vistas that Southern Utah is known for.

  24. 2026-04-20
    listed $120,000 Active 286-char remark
    Show marketing remark (286 chars)

    Whether you are looking for a seasonal getaway or a permanent home in the red rocks, this property offers an unbeatable price point in a convenient location. Enjoy a 55+ community with low-maintenance living while being surrounded by the stunning vistas that Southern Utah is known for.

  25. 2026-03-17
    historical
  26. 2025-11-11
    price $130,000
  27. 2025-11-11
    price $130,000
  28. 2025-11-11
    price $130,000
  29. 2025-10-20
    price $137,500
  30. 2025-10-20
    price $137,500
  31. 2025-10-20
    price $137,500
  32. 2025-08-06
    price $141,900
  33. 2025-08-06
    price $141,900
  34. 2025-08-06
    price $141,900
  35. 2025-06-19
    price $146,500
  36. 2025-06-19
    price $146,500
  37. 2025-06-19
    price $146,500
  38. 2025-03-14
    price $147,500
  39. 2025-03-14
    price $147,500
  40. 2025-03-14
    price $147,500
  41. 2025-02-27
    price $154,500
  42. 2025-02-27
    price $154,500
  43. 2025-02-27
    price $154,500
  44. 2025-01-07
    listed $156,900 Active
  45. 2025-01-07
    listed $156,900 Active
  46. 2007-05-17
    soldstatus
  47. 2007-02-26
    historical
  48. 2006-12-19
    listed $85,900
  49. 2005-09-06
    soldstatus
  50. 2005-09-06
    soldstatus

ⓘ 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
$542 · $45/mo
Projected year-2 tax
$693 · $58/mo
Expected delta
+$151/yr (+$13/mo · 27.8%)

ⓘ 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 5 d/yr ≥104°F today · 14 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

Loading sold comps map…

Walkable amenities ~0.75 mi

Loading nearby amenities…

Taxation est. · year 1

Rental income
$19,566
− Mortgage interest
−$5,882
− Property taxes
−$542
− Insurance
−$525
− Repairs & maintenance
−$1,565
− Management
−$1,565
− HOA
−$1,668
− Depreciation
−$3,055
Taxable income
$4,764
combined federal + state — saved on this device
Est. tax owed @ 24.0%
−$1,143
After-tax cash flow
$4,971/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

+22.2% since first listed
38 events — show timeline
  • 2026-05-08 Price Changed $105,000 WFRMLS
  • 2026-05-08 Price Changed $105,000 WCBOR
  • 2026-04-30 Relisted WFRMLS
  • 2026-04-30 Relisted WCBOR
  • 2026-04-24 Pending WFRMLS
  • 2026-04-24 Pending WCBOR
  • 2026-04-20 Listed $120,000 WFRMLS
  • 2026-04-20 Listed $120,000 WCBOR
  • 2026-03-17 Listing Removed WFRMLS
  • 2025-11-11 Price Changed $130,000 WCBOR
  • 2025-11-11 Price Changed $130,000 ICBORMLS
  • 2025-11-11 Price Changed $130,000 WFRMLS
  • 2025-10-20 Price Changed $137,500 ICBORMLS
  • 2025-10-20 Price Changed $137,500 WCBOR
  • 2025-10-20 Price Changed $137,500 WFRMLS
  • 2025-08-06 Price Changed $141,900 WCBOR
  • 2025-08-06 Price Changed $141,900 ICBORMLS
  • 2025-08-06 Price Changed $141,900 WFRMLS
  • 2025-06-19 Price Changed $146,500 WCBOR
  • 2025-06-19 Price Changed $146,500 ICBORMLS
  • 2025-06-19 Price Changed $146,500 WFRMLS
  • 2025-03-14 Price Changed $147,500 WFRMLS
  • 2025-03-14 Price Changed $147,500 WCBOR
  • 2025-03-14 Price Changed $147,500 ICBORMLS
  • 2025-02-27 Price Changed $154,500 WCBOR
  • 2025-02-27 Price Changed $154,500 ICBORMLS
  • 2025-02-27 Price Changed $154,500 WFRMLS
  • 2025-01-07 Listed $156,900 ICBORMLS
  • 2025-01-07 Listed $156,900 WFRMLS
  • 2007-05-17 Sold (Public Records) Public Records
  • 2007-02-26 Listing Removed WFRMLS
  • 2006-12-19 Listed $85,900 WFRMLS
  • 2005-09-06 Sold (Public Records) Public Records
  • 2005-09-06 Sold (Public Records) Public Records
  • 2005-09-06 Sold (Public Records) Public Records
  • 2005-04-08 Sold (Public Records) Public Records
  • 2004-12-22 Sold (Public Records) Public Records
  • 2004-12-17 Sold (Public Records) Public Records

Property tax history

+8.0%/yr

Latest (2025): $542 · +49.8% YoY. Source: county tax records.

Cash-flow waterfall

monthly

Sold comps — $/sqft

last 12 mo · ≤1 mi

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