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1191 Beverly Carson City, NV 89706

4 Beds 2 Baths 1,905 sqft Built 1960

INVESTimate

$349,900

List Price

$1,590

$1,431 - $1,749

Rent Est.

$389,334  ( +11.27%)   1 YR EST. FORECAST

PROPERTY INFO

FACTS
  • Built In 1960
  • Price/Sqft : $183.67
  • 10 Days on Market
  • MLS # : 200011273
  • Updated Date : 08/22/2020 at 06:16
CONSTRUCTION
  • Beds : 4
  • Floor Size : 1,905 sqft
  • Baths : 2 full
Listing Agent

Realty One Group Eminence

Listing Agent's Description

Peaceful and charming traditional home with many opportunities. This four-bedroom, two-bath, house on 0.23 acres, exhibits a feeling and accessibility that is difficult to match. The main home has 3 beds and 1 bath. There is an attached secondary living area with 1 bed, 1 bath, a full kitchen and it's own entrance. Fully fenced on .23 acres with mature landscaping, a separate fenced in dog run and fully enclosed patio with stone flooring.

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PRICE & RENT TRENDS

Zip Code: 89706

ZipNIR Market*CityMarket2010Year20002019140k160k180k200k220k240k260k280k300kPrice in $128k312k

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

Zip Code: 89706

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
Mark Twain Elementary School Primary Regular 627 35 6
Carson Middle School Middle Regular 1,061 56 NA
Carson High School High Regular 2,157 100 7

Mark Twain Elementary School

  • Education Level: Primary
  • # of students: 627
  • # of teachers: 35
6
GreatSchools Rating

Carson Middle School

  • Education Level: Middle
  • # of students: 1,061
  • # of teachers: 56
NA
GreatSchools Rating

Carson High School

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

$314,910$384,890$349,900

PURCHASE PRICE

$1,431$1,749$1,590

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

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

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $1,590
EXPENSES Loan Payment -$1,291
Property Tax -$114
Property Insurance -$66
Property Management Fees -$119
CASH FLOW
$0

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.

$349,900

PROJECTED PRICE

$1,590

PROJECTED RENT

0.45%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 2.50%
Appreciation Year (1-5) 11.27%
Maintenance Year (1-5) 8.00%
Vacancy 6.00%
Length of Stay Years 2

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$98,474

INVESTMENT

$98,474

Down Payment
$87,475
Rehab Estimate
$5,750
Closing Costs
$5,249

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

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

$1,291

MONTHLY LOAN PAYMENT

30 yr
Term
4.25%
Interest
25.00%
Down Payment
Term 30 Years
Interest 4.25%
Down Payment $87,475
Loan Amount $262,425
See What Happens When You Reinvest Cash Flow

5.42

YEARS SAVED

$23,499

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
  • $1,943

    COMP ESTIMATED VALUE
  • $1.02

    COMP AVG. RENT PER SQFT
Comps Range
$0
1$02$1,750
$1,750
RENT COMPS ANALYSIS
  • 1191 Beverly Carson City, 1
    • 4 beds 2 baths ∙ 1,905 Sqft ∙ Built 1960 4 beds 2 baths ∙ 1,905 Sqft ∙ Built 1960
    • Rent
    • Rent Per SQFT
    •  
    • $0
    • $0.00
    •  
  • 804 W Winnie Lane Carson City, 2
    • 3 beds 2 baths ∙ 1,721 Sqft ∙ Built 1964 3 beds 2 baths ∙ 1,721 Sqft ∙ Built 1964
    LEASED 03/15/19
    • Rent
    • Rent Per SQFT
    •  
    • $1,750
    • $1.02
    •  
PROPERTY LISTING DETAILS
Nicole Merwin
Realty One Group Eminence
Trevor Steadman
1.866.250.5610
Mynd Property Management
1453579
Northern Nevada Regional MLS ( NNRMLS)
MLS #: 200011273
Last Updated: 08/22/2020
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