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1139 Lahontan Drive Carson City, NV 89701

4 Beds 3 Baths 2,118 sqft Built 2016

$519,900

List Price

$1,830

$1.6K - $2K

Rent Est.

PROPERTY INFO

SINGLE-FAMILY
FACTS
  • Single Family
  • Built In 2016
  • Price/Sqft : $245.47
  • 13 Days on Market
  • MLS # : 210002106
  • Updated Date : 02/22/2021 at 23:16
CONSTRUCTION
  • Beds : 4
  • Floor Size : 2,118 sqft
  • Baths : 3 full
Listing Agent

Re/max Professionals-dayton

Listing Agent's Description

Come step inside this impeccable, newer built modern Schulz Ranch home with 2,118 sq. ft. of spacious living. As you enter the hallway enjoy open concept living, a cozy dining room, and kitchen. Gather to entertain at the luxurious breakfast bar! Retreat to 4 bedrooms, 3 bathrooms. Beautifully landscaped front and backyard with breath-taking wrap-around views of the mountains. Centrally located within minutes of restaurants, shopping, and outdoor activities. Bonus 3 car garage! Will not last on the market

SEE MORE

PRICE & RENT TRENDS

Zip Code: 89701

ZipNIR Market*CityMarket2010Year20002019140k160k180k200k220k240k260k280k300kPrice in $134k312k

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

Zip Code: 89701

No Data Available.

* 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
Seeliger Elementary School Primary Regular 591 32 5
Eagle Valley Middle School Middle Regular 659 35 NA
Carson High School High Regular 2,157 100 7

Seeliger Elementary School

  • Education Level: Primary
  • # of students: 591
  • # of teachers: 32
5
GreatSchools Rating

Eagle Valley Middle School

  • Education Level: Middle
  • # of students: 659
  • # of teachers: 35
NA
GreatSchools Rating

Carson High School

  • Education Level: High
  • # of students: 2,157
  • # of teachers: 100
7
GreatSchools Rating
 

$467,910$571,890$519,900

PURCHASE PRICE

$1,647$2,013$1,830

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $1,830
EXPENSES Loan Payment -$1,806
Property Tax -$315
Property Insurance -$71
Property Management Fees -$119
CASH FLOW
-$480

This is the estimated cash flow generated during a typical maintenance-free month. It is recommended that investors set aside 14% of earned rent to cover both maintenance and periods of vacancy.

$519,900

PROJECTED PRICE

$1,830

PROJECTED RENT

0.35%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 2.50%
Appreciation Year (1-5) 12.3%
Maintenance Year (1-5) 8.00%
Vacancy 6.00%
Length of Stay Years 2

PROJECTED ACCUMULATED WEALTH

30 YEAR PROJECTION

  • Cash Flow
  • Appreciation
  • Principal
11530$0.0$500k$1.0M$1.5M$2.0M

PROJECTED ANNUAL CASH FLOW

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

PROJECTED PROPERTY VALUE

30 YEAR PROJECTION

  • Appreciation
  • Principal
  • Loan Balance
11530$0.0$500k$1.0M$1.5M$2.0M

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$143,524

INVESTMENT

$143,524

Down Payment
$129,975
Rehab Estimate
$5,750
Closing Costs
$7,799

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

A 60% down payment or higher enables the proceeds from the asset to cover all costs.

$1,806

MONTHLY LOAN PAYMENT

30 yr
Term
3.75%
Interest
25.00%
Down Payment
Term 30 Years
Interest 3.75%
Down Payment $129,975
Loan Amount $389,925
See What Happens When You Reinvest Cash Flow

1

YEARS SAVED

$2,002

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
  • $2,192

    COMP ESTIMATED VALUE
  • $1.04

    COMP AVG. RENT PER SQFT
Comps Range
$0
1$02$2,0503$2,200
$2,200
RENT COMPS ANALYSIS
  • 1139 Lahontan Drive Carson City, NV 1
    • 4 beds 3 baths ∙ 2,118 Sqft ∙ Built 2016 4 beds 3 baths ∙ 2,118 Sqft ∙ Built 2016
    • Rent
    • Rent Per SQFT
    •  
    • $0
    • $0.00
    •  
  • 1402 Tule Peak Circle Carson City, NV 2
    • 4 beds 2 baths ∙ 2,200 Sqft ∙ Built 2019 4 beds 2 baths ∙ 2,200 Sqft ∙ Built 2019
    LEASED 09/29/20
    • Rent
    • Rent Per SQFT
    •  
    • $2,050
    • $0.93
    •  
  • 886 Vista Park Carson City, NV 3
    • 4 beds 2 baths ∙ 1,923 Sqft ∙ Built 1999 4 beds 2 baths ∙ 1,923 Sqft ∙ Built 1999
    LEASED 12/05/20
    • Rent
    • Rent Per SQFT
    •  
    • $2,200
    • $1.14
    •  
PROPERTY LISTING DETAILS
Mauricio Pierrott
Re/max Professionals-dayton
Trevor Steadman
1.866.250.5610
Mynd Property Management
1453579
Northern Nevada Regional MLS ( NNRMLS)
MLS #: 210002106
Last Updated: 02/22/2021
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