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1110 Autumn Hills Drive Reno, NV 89511

3 Beds 3 Baths 1,641 sqft Built 1972

$399,900

List Price

$1,750

$1.6K - $1.9K

Rent Est.

PROPERTY INFO

November 21, 2020 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 1972
  • Price/Sqft : $243.69
  • 3 Days on Market
  • MLS # : 200016094
  • Updated Date : 11/21/2020 at 01:01
CONSTRUCTION
  • Beds : 3
  • Floor Size : 1,641 sqft
  • Baths : 2 full , 1 half
Listing Agent

Harcourts Nv1 Realty

Listing Agent's Description

COMING SOON

SEE MORE

PRICE & RENT TRENDS

Neighborhood: Huffaker Hills

NeighborhoodNIR Market*CityMarket2010Year20002019120k140k160k180k200k220k240k260k280k300k320k340kPrice in $102k347k

* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR

Neighborhood: Huffaker Hills

NeighborhoodNIR Market*CityMarket2015Year2009 Q42019 Q21000110012001300140015001600170018001900Rent in $9911912

* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR

SCHOOLS

NAME EDUCATIONAL LEVEL SCHOOL TYPE # OF STUDENTS # OF TEACHERS GREATSCHOOLS RATING
Donner Springs Elementary School Primary Regular 685 35 5
Donner Springs Elementary School Middle Regular 685 35 5
Damonte Ranch High School High Regular 1,617 70 8

Donner Springs Elementary School

  • Education Level: Primary
  • # of students: 685
  • # of teachers: 35
5
GreatSchools Rating

Donner Springs Elementary School

  • Education Level: Middle
  • # of students: 685
  • # of teachers: 35
5
GreatSchools Rating

Damonte Ranch High School

  • Education Level: High
  • # of students: 1,617
  • # of teachers: 70
8
GreatSchools Rating
 

$359,910$439,890$399,900

PURCHASE PRICE

$1,575$1,925$1,750

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $1,750
EXPENSES Loan Payment -$1,475
Property Tax -$354
Property Insurance -$62
Property Management Fees -$119
CASH FLOW
-$260

This is the estimated cash flow generated during a typical maintenance-free month. It is recommended that investors set aside 12% of earned rent to cover both maintenance and periods of vacancy.

$399,900

PROJECTED PRICE

$1,750

PROJECTED RENT

0.44%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 2.73%
Appreciation Year (1-5) 14.1%
Maintenance Year (1-5) 8.00%
Vacancy 4.08%
Length of Stay Years 2

PROJECTED ACCUMULATED WEALTH

30 YEAR PROJECTION

  • Cash Flow
  • Appreciation
  • Principal
11530$0.0$200k$400k$600k$800k$1.0M$1.2M$1.4M$1.6M

PROJECTED ANNUAL CASH FLOW

11530-$5.0k$0.0$5.0k$10k

PROJECTED PROPERTY VALUE

30 YEAR PROJECTION

  • Appreciation
  • Principal
  • Loan Balance
11530$0.0$200k$400k$600k$800k$1.0M$1.2M$1.4M$1.6M

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$111,724

INVESTMENT

$111,724

Down Payment
$99,975
Rehab Estimate
$5,750
Closing Costs
$5,999

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

A 55% down payment or higher enables the proceeds from the asset to cover all costs.

$1,475

MONTHLY LOAN PAYMENT

30 yr
Term
4.25%
Interest
25.00%
Down Payment
Term 30 Years
Interest 4.25%
Down Payment $99,975
Loan Amount $299,925
See What Happens When You Reinvest Cash Flow

2.5

YEARS SAVED

$8,537

INTEREST SAVED

CASH FLOW REINVESTMENT

The time & interest saved by applying each month's positive cash flow towards loan principal pay down.

  • $0

    LIST RENT
  • $0

    LIST RENT PER SQFT
  • $1,947

    COMP ESTIMATED VALUE
  • $1.19

    COMP AVG. RENT PER SQFT
Comps Range
$0
1$02$1,5503$1,7954$2,000
$2,000
RENT COMPS ANALYSIS
  • 1110 Autumn Hills Drive Reno, NV 1
    • 3 beds 3 baths ∙ 1,641 Sqft ∙ Built 1972 3 beds 3 baths ∙ 1,641 Sqft ∙ Built 1972
    property image
    • Rent
    • Rent Per SQFT
    •  
    • $0
    • $0.00
    •  
  • 1090 E Huffaker Ln #b Reno, NV 2
    • 3 beds 3 baths ∙ 1,395 Sqft ∙ Built 1974 3 beds 3 baths ∙ 1,395 Sqft ∙ Built 1974
    property image
    LEASED 10/01/19
    • Rent
    • Rent Per SQFT
    •  
    • $1,550
    • $1.11
    •  
  • 1250 E Huffaker Reno, NV 3
    • 3 beds 3 baths ∙ 1,753 Sqft ∙ Built 1982 3 beds 3 baths ∙ 1,753 Sqft ∙ Built 1982
    property image
    LEASED 05/31/19
    • Rent
    • Rent Per SQFT
    •  
    • $1,795
    • $1.02
    •  
  • 844 E Huffaker Ln Reno, NV 4
    • 3 beds 3 baths ∙ 1,395 Sqft ∙ Built 1974 3 beds 3 baths ∙ 1,395 Sqft ∙ Built 1974
    property image
    LEASED 07/23/20
    • Rent
    • Rent Per SQFT
    •  
    • $2,000
    • $1.43
    •  
PROPERTY LISTING DETAILS
Jessica Hodges
Harcourts Nv1 Realty
Trevor Steadman
1.866.250.5610
Mynd Property Management
1453579
Northern Nevada Regional MLS ( NNRMLS)
MLS #: 200016094
Last Updated: 11/21/2020
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