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PROPERTY INFO
FACTS
- Single Family
- Built In 2008
- Price/Sqft : $245.30
- 6 Days on Market
- MLS # : 210001218
- Updated Date : 02/06/2021 at 04:35
CONSTRUCTION
- Beds : 4
- Floor Size : 2,364 sqft
- Baths : 3 full
Listing Agent
Keller Williams Sierra Nevada
Listing Agent's Description
This single story, corner lot home is full of upgrades. The custom landscape includes a dry riverbed, concrete and paver patio and huge paved RV pad. There is also a detached garage for additional storage or backyard workshop. Inside you will find a new pellet stove with stack stone surround and wood beam in the great room. The large kitchen has granite countertops, rustic painted cabinetry and a huge island. This 4 bedroom home has a split floorpan for optimal privacy and a large lot to enjoy.
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PRICE & RENT TRENDS
Neighborhood: Eagle Canyon - Pebble Creek
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
Neighborhood: Eagle Canyon - Pebble Creek
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
SCHOOLS
FINANCIALS
PROJECTED BASIC MONTHLY INCOME STATEMENT
| INCOME | Rent | $2,250 |
| EXPENSES | Loan Payment | -$2,014 |
| Property Tax | -$770 | |
| Property Insurance | -$77 | |
| HOA | -$30 | |
| Property Management Fees | -$119 | |
|
CASH FLOW
-$760
|
||
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.
$579,900
PROJECTED PRICE
$2,250
PROJECTED RENT
0.39%
PROJECTED RENT / PRICE RATIO
| Expense Inflation | 2.50% |
| Rental Growth Year (1-5) | 2.70% |
| Appreciation Year (1-5) | 9.2% |
| Maintenance Year (1-5) | 8.00% |
| Vacancy | 4.04% |
| Length of Stay Years | 2 |
PROJECTED ACCUMULATED WEALTH
30 YEAR PROJECTION
- Cash Flow
- Appreciation
- Principal
PROJECTED ANNUAL CASH FLOW
PROJECTED PROPERTY VALUE
30 YEAR PROJECTION
- Appreciation
- Principal
- Loan Balance
TOTAL CASH OUT OF POCKET
INVESTMENT
$159,424
LOAN DETAILS
$2,014
MONTHLY LOAN PAYMENT
| Term | 30 Years |
| Interest | 3.75% |
| Down Payment | $144,975 |
| Loan Amount | $434,925 |
0.25
YEARS SAVED
$117
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
-
$2,128
COMP ESTIMATED VALUE -
$0.9
COMP AVG. RENT PER SQFT
Comps Range
-
1219 Avian Drive Sparks, NV 1
- 4 beds 3 baths ∙ 2,364 Sqft ∙ Built 2008 4 beds 3 baths ∙ 2,364 Sqft ∙ Built 2008
- Rent
- Rent Per SQFT
- $0
- $0.00
-
9555 Cordoba Sparks, NV 2
- 4 beds 3 baths ∙ 2,553 Sqft ∙ Built 2006 4 beds 3 baths ∙ 2,553 Sqft ∙ Built 2006
LEASED 09/24/20- Rent
- Rent Per SQFT
- $2,300
- $0.90
PROPERTY LISTING DETAILS
Keller Williams Sierra Nevada
1.866.250.5610
Mynd Property Management
1453579
MLS #: 210001218
Last Updated: 02/06/2021
