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1532 Evan St Carson City, NV 89701

4 Beds 2 Baths 1,865 sqft Built 1976

$424,900

List Price

$2,130

$1.9K - $2.3K

Rent Est.

PROPERTY INFO

SINGLE-FAMILY
March 19, 2021 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 1976
  • Price/Sqft : $227.83
  • 3 Days on Market
  • MLS # : 210003526
  • Updated Date : 03/19/2021 at 22:04
CONSTRUCTION
  • Beds : 4
  • Floor Size : 1,865 sqft
  • Baths : 2 full
Listing Agent

Keller Williams Group One Inc.

Listing Agent's Description

Let this charming, spacious four bedroom, two bath, 1865 square foot, centrally located home with room for the family. This home is within walking distance to shopping ,parks and schools. It is a cozy original home which creates endless possibilities for you to put your personal style and touches. The landscaping offers mature fruit trees in back yard, grass in front yard and RV parking in side yard.

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
Bordewich Bray Elementary School Primary Regular 650 39 6
Carson Middle School Middle Regular 1,061 56 NA
Carson High School High Regular 2,157 100 7

Bordewich Bray Elementary School

  • Education Level: Primary
  • # of students: 650
  • # of teachers: 39
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
 

$382,410$467,390$424,900

PURCHASE PRICE

$1,917$2,343$2,130

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $2,130
EXPENSES Loan Payment -$1,476
Property Tax -$157
Property Insurance -$66
Property Management Fees -$119
CASH FLOW
$313

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.

$424,900

PROJECTED PRICE

$2,130

PROJECTED RENT

0.50%

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$0.0$5.0k$10k$15k$20k$25k

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$118,349

INVESTMENT

$118,349

Down Payment
$106,225
Rehab Estimate
$5,750
Closing Costs
$6,374

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

A 30% down payment or higher enables the proceeds from the asset to cover all costs.

$1,476

MONTHLY LOAN PAYMENT

30 yr
Term
3.75%
Interest
25.00%
Down Payment
Term 30 Years
Interest 3.75%
Down Payment $106,225
Loan Amount $318,675
See What Happens When You Reinvest Cash Flow

9.17

YEARS SAVED

$53,668

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
  • $2,126

    COMP ESTIMATED VALUE
  • $1.14

    COMP AVG. RENT PER SQFT
Comps Range
$0
1$02$1,750
$1,750
RENT COMPS ANALYSIS
  • 1532 Evan St Carson City, NV 1
    • 4 beds 2 baths ∙ 1,865 Sqft ∙ Built 1976 4 beds 2 baths ∙ 1,865 Sqft ∙ Built 1976
    property image
    • Rent
    • Rent Per SQFT
    •  
    • $0
    • $0.00
    •  
  • 4218 Quinn Dr Carson City, NV 2
    • 3 beds 2 baths ∙ 1,536 Sqft ∙ Built 1993 3 beds 2 baths ∙ 1,536 Sqft ∙ Built 1993
    property image
    LEASED 09/09/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,750
    • $1.14
    •  
PROPERTY LISTING DETAILS
Travis Kopp
Keller Williams Group One Inc.
Trevor Steadman
1.866.250.5610
Mynd Property Management
1453579
Northern Nevada Regional MLS ( NNRMLS)
MLS #: 210003526
Last Updated: 03/19/2021
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