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INVESTimate
$385,000
List Price
$107,775
REQUEST INFO
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PROPERTY INFO
FACTS
- Built In 1964
- Price/Sqft : $192.89
- 3 Days on Market
- MLS # : 200011721
- Updated Date : 08/25/2020 at 17:46
CONSTRUCTION
- Beds : 3
- Floor Size : 1,996 sqft
- Baths : 2 full
Listing Agent
Dickson Realty - Caughlin
Listing Agent's Description
Driveway will accomodate small Rv. Maximum 23' two storage sheds, brand NEW swamp cooler. Come see this terrific 3 br, 2 ba one of a kind Sparks home. Welcoming sunlit foyer with slate flooring.
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PRICE & RENT TRENDS
Neighborhood: Meadowvale
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
Neighborhood: Meadowvale
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
SCHOOLS
PROJECTED ACCUMULATED WEALTH
30 YEAR PROJECTION
- Cash Flow
- Appreciation
- Principal
PROJECTED ANNUAL CASH FLOW
PROJECTED PROPERTY VALUE
30 YEAR PROJECTION
- Appreciation
- Principal
- Loan Balance
FINANCIALS
PROJECTED BASIC MONTHLY INCOME STATEMENT
INCOME | Rent | $1,740 |
EXPENSES | Loan Payment | -$1,420 |
Property Tax | -$350 | |
Property Insurance | -$70 | |
Property Management Fees | -$119 | |
CASH FLOW
-$219
|
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.
$385,000
PROJECTED PRICE
$1,740
PROJECTED RENT
0.45%
PROJECTED RENT / PRICE RATIO
Expense Inflation | 2.50% |
Rental Growth Year (1-5) | 2.73% |
Appreciation Year (1-5) | 10.93% |
Maintenance Year (1-5) | 8.00% |
Vacancy | 4.08% |
Length of Stay Years | 2 |
TOTAL CASH OUT OF POCKET
INVESTMENT
$107,775
LOAN DETAILS
$1,420
MONTHLY LOAN PAYMENT
Term | 30 Years |
Interest | 4.25% |
Down Payment | $96,250 |
Loan Amount | $288,750 |
2.83
YEARS SAVED
$9,894
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
-
$1,969
COMP ESTIMATED VALUE -
$0.99
COMP AVG. RENT PER SQFT
Comps Range
PROPERTY LISTING DETAILS
Dickson Realty - Caughlin
1.866.250.5610
Mynd Property Management
1453579
MLS #: 200011721
Last Updated: 08/25/2020