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1848 Windridge Carson City, NV 89706

3 Beds 2 Baths 1,768 sqft Built 1997

$417,000

List Price

$1,840

$1.7K - $2K

Rent Est.

PROPERTY INFO

December 22, 2020 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 1997
  • Price/Sqft : $235.86
  • 6 Days on Market
  • MLS # : 200017092
  • Updated Date : 12/22/2020 at 22:16
CONSTRUCTION
  • Beds : 3
  • Floor Size : 1,768 sqft
  • Baths : 2 full
Listing Agent

Rcm Realty Group

Listing Agent's Description

Great single level home situated on a nice lot right across the street from Blackwell Pond Park. This house has a lot of open light, bright floor plan and lots of room. The breakfast bar is a great addition while you enjoy time with your family. Easily walk outside and enjoy the covered patio which also has a door into the spacious master room with a walk in closet. Newer paint, quartz countertops, French door stove and dishwasher. Stay warm with gas stove. Two storage sheds included for all of your toys

SEE MORE

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
 

$375,300$458,700$417,000

PURCHASE PRICE

$1,656$2,024$1,840

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $1,840
EXPENSES Loan Payment -$1,539
Property Tax -$213
Property Insurance -$64
Property Management Fees -$119
CASH FLOW
-$94

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.

$417,000

PROJECTED PRICE

$1,840

PROJECTED RENT

0.44%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 2.50%
Appreciation Year (1-5) 11.3%
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$200k$400k$600k$800k$1.0M$1.2M$1.4M$1.6M

PROJECTED ANNUAL CASH FLOW

11530-$5.0k$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$1.4M$1.6M

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$116,255

INVESTMENT

$116,255

Down Payment
$104,250
Rehab Estimate
$5,750
Closing Costs
$6,255

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

A 50% down payment or higher enables the proceeds from the asset to cover all costs.

$1,539

MONTHLY LOAN PAYMENT

30 yr
Term
4.25%
Interest
25.00%
Down Payment
Term 30 Years
Interest 4.25%
Down Payment $104,250
Loan Amount $312,750
See What Happens When You Reinvest Cash Flow

4.17

YEARS SAVED

$18,875

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
  • $2,063

    COMP ESTIMATED VALUE
  • $1.17

    COMP AVG. RENT PER SQFT
Comps Range
$0
1$02$1,7503$1,8004$1,900
$1,900
RENT COMPS ANALYSIS
  • 1848 Windridge Carson City, NV 1
    • 3 beds 2 baths ∙ 1,768 Sqft ∙ Built 1997 3 beds 2 baths ∙ 1,768 Sqft ∙ Built 1997
    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
    •  
  • 2496 Chardonnay Carson City, NV 3
    • 3 beds 2 baths ∙ 1,480 Sqft ∙ Built 1997 3 beds 2 baths ∙ 1,480 Sqft ∙ Built 1997
    property image
    LEASED 04/28/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,800
    • $1.22
    •  
  • 688 Anderson St Carson City, NV 4
    • 3 beds 3 baths ∙ 1,672 Sqft ∙ Built 2017 3 beds 3 baths ∙ 1,672 Sqft ∙ Built 2017
    property image
    LEASED 12/15/19
    • Rent
    • Rent Per SQFT
    •  
    • $1,900
    • $1.14
    •  
PROPERTY LISTING DETAILS
Shelly Plaut
Rcm Realty Group
Trevor Steadman
1.866.250.5610
Mynd Property Management
1453579
Northern Nevada Regional MLS ( NNRMLS)
MLS #: 200017092
Last Updated: 12/22/2020
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