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1165 Autumn Hills Dr Reno, NV 89511

3 Beds 3 Baths 1,753 sqft Built 1977

INVESTimate

$380,000

List Price

$1,640

$1,476 - $1,804

Rent Est.

$433,618  ( +14.11%)   1 YR EST. FORECAST

PROPERTY INFO

August 20, 2020 RECENTLY ADDED
FACTS
  • Built In 1977
  • Price/Sqft : $216.77
  • 7 Days on Market
  • MLS # : 200011436
  • Updated Date : 08/24/2020 at 17:43
CONSTRUCTION
  • Beds : 3
  • Floor Size : 1,753 sqft
  • Baths : 2 full , 1 half
Listing Agent

Keller Williams Group One Inc.

Listing Agent's Description

Charming industrial farmhouse designed home that doesn't disappoint! The owners have put a lot of care into updating this home from top to bottom. The kitchen & bathrooms look they came right of your favorite interior design mag. Beautiful kitchen features slab granite counters, large farmhouse sink, & abundant counter & cabinet space. The 2nd living room would make a great play room, man cave, or game room with access to the private & relaxing backyard! Don't forget the RV/boat parking, bring the toys!

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
 

$342,000$418,000$380,000

PURCHASE PRICE

$1,476$1,804$1,640

RENT

DOWN PAYMENT
FINANCING

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$0.0$5.0k$10k$15k

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

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $1,640
EXPENSES Loan Payment -$1,402
Property Tax -$144
Property Insurance -$64
Property Management Fees -$119
CASH FLOW
-$89

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.

$380,000

PROJECTED PRICE

$1,640

PROJECTED RENT

0.43%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 2.73%
Appreciation Year (1-5) 14.11%
Maintenance Year (1-5) 8.00%
Vacancy 4.08%
Length of Stay Years 2

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$106,450

INVESTMENT

$106,450

Down Payment
$95,000
Rehab Estimate
$5,750
Closing Costs
$5,700

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

A 45% down payment or higher enables the proceeds from the asset to cover all costs.

$1,402

MONTHLY LOAN PAYMENT

30 yr
Term
4.25%
Interest
25.00%
Down Payment
Term 30 Years
Interest 4.25%
Down Payment $95,000
Loan Amount $285,000
See What Happens When You Reinvest Cash Flow

4.67

YEARS SAVED

$21,582

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
  • $1,765

    COMP ESTIMATED VALUE
  • $1.01

    COMP AVG. RENT PER SQFT
Comps Range
$0
1$02$1,6003$1,7954$2,100
$2,100
RENT COMPS ANALYSIS
  • 1165 Autumn Hills Dr Reno, 1
    • 3 beds 3 baths ∙ 1,753 Sqft ∙ Built 1977 3 beds 3 baths ∙ 1,753 Sqft ∙ Built 1977
    • Rent
    • Rent Per SQFT
    •  
    • $0
    • $0.00
    •  
  • 7385 Sugarloaf Reno, 2
    • 3 beds 3 baths ∙ 1,641 Sqft ∙ Built 1976 3 beds 3 baths ∙ 1,641 Sqft ∙ Built 1976
    LEASED 04/04/19
    • Rent
    • Rent Per SQFT
    •  
    • $1,600
    • $0.98
    •  
  • 1250 E Huffaker Reno, 3
    • 3 beds 3 baths ∙ 1,753 Sqft ∙ Built 1982 3 beds 3 baths ∙ 1,753 Sqft ∙ Built 1982
    LEASED 05/31/19
    • Rent
    • Rent Per SQFT
    •  
    • $1,795
    • $1.02
    •  
  • 1516 Diamond Country Drive Reno, 4
    • 3 beds 2 baths ∙ 2,063 Sqft ∙ Built 1997 3 beds 2 baths ∙ 2,063 Sqft ∙ Built 1997
    LEASED 06/07/19
    • Rent
    • Rent Per SQFT
    •  
    • $2,100
    • $1.02
    •  
PROPERTY LISTING DETAILS
Jordan Ames
Keller Williams Group One Inc.
Trevor Steadman
1.866.250.5610
Mynd Property Management
1453579
Northern Nevada Regional MLS ( NNRMLS)
MLS #: 200011436
Last Updated: 08/24/2020
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