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PROPERTY INFO
FACTS
- Single Family
- Built In 2004
- Price/Sqft : $210.78
- 5 Days on Market
- MLS # : 200017142
- Updated Date : 12/24/2020 at 20:59
CONSTRUCTION
- Beds : 3
- Floor Size : 1,660 sqft
- Baths : 2 full
Listing Agent
Chase International-damonte
Listing Agent's Description
This single story,imaculant 3 bedroom and 2 bathroom home located in a cul-de-sac has everything you are looking for.Beautiful open kitchen with tons of cabinets and pantry. Specious,low maintance backyard with a RV parking.Conveniently located close to middle school,walking trails and the park. This home is a must see!!!!!!
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PRICE & RENT TRENDS
Neighborhood: Woodland Village
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
Neighborhood: Woodland Village
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
SCHOOLS
FINANCIALS
PROJECTED BASIC MONTHLY INCOME STATEMENT
| INCOME | Rent | $1,820 |
| EXPENSES | Loan Payment | -$1,291 |
| Property Tax | -$530 | |
| Property Insurance | -$62 | |
| HOA | -$114 | |
| Property Management Fees | -$119 | |
|
CASH FLOW
-$296
|
||
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.
$349,900
PROJECTED PRICE
$1,820
PROJECTED RENT
0.52%
PROJECTED RENT / PRICE RATIO
| Expense Inflation | 2.50% |
| Rental Growth Year (1-5) | 2.70% |
| Appreciation Year (1-5) | 12.0% |
| 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
$98,474
LOAN DETAILS
$1,291
MONTHLY LOAN PAYMENT
| Term | 30 Years |
| Interest | 4.25% |
| Down Payment | $87,475 |
| Loan Amount | $262,425 |
1.33
YEARS SAVED
$2,563
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
-
$1,901
COMP ESTIMATED VALUE -
$1.15
COMP AVG. RENT PER SQFT
Comps Range
-
17870 Mama Bear Reno, NV 1
- 3 beds 2 baths ∙ 1,660 Sqft ∙ Built 2004 3 beds 2 baths ∙ 1,660 Sqft ∙ Built 2004
- Rent
- Rent Per SQFT
- $0
- $0.00
-
17881 Mama Bear Court Reno, NV 2
- 3 beds 2 baths ∙ 1,457 Sqft ∙ Built 2004 3 beds 2 baths ∙ 1,457 Sqft ∙ Built 2004
LEASED 09/16/19- Rent
- Rent Per SQFT
- $1,695
- $1.16
-
18346 Vineyard Reno, NV 3
- 3 beds 2 baths ∙ 1,777 Sqft ∙ Built 2006 3 beds 2 baths ∙ 1,777 Sqft ∙ Built 2006
LEASED 02/01/20- Rent
- Rent Per SQFT
- $2,000
- $1.13
PROPERTY LISTING DETAILS
Chase International-damonte
1.866.250.5610
Mynd Property Management
1453579
MLS #: 200017142
Last Updated: 12/24/2020
