Work with a dedicated Real Estate Advisor who will take your financial preferences and help you select and acquire properties that fit your criteria. Learn more
REQUEST INFO
SCHEDULE APPOINTMENT
It's free, with no obligation
PROPERTY INFO
FACTS
- Single Family
- Built In 1976
- Price/Sqft : $258.51
- 2 Days on Market
- MLS # : 200017182
- Updated Date : 12/26/2020 at 22:37
CONSTRUCTION
- Beds : 3
- Floor Size : 1,528 sqft
- Baths : 2 full
Listing Agent
Re/max Realty Affiliates Cc
Listing Agent's Description
Well maintained home centrally located in the middle of Carson City on a quiet cul-de-sac. This home has plenty of living space with a formal living room at the front of the house which is open to the dining area. The dining area leads to the kitchen with plenty of storage, light counters and views of the backyard from the sink! The family room has a cozy fireplace and a slider to the backyard. The master suite is at the back of the house with an en-suite bathroom with a shower stall.
SEE MORE
PRICE & RENT TRENDS
Zip Code: 89706
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
Zip Code: 89706
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
SCHOOLS
FINANCIALS
PROJECTED BASIC MONTHLY INCOME STATEMENT
| INCOME | Rent | $1,540 |
| EXPENSES | Loan Payment | -$1,457 |
| Property Tax | -$130 | |
| Property Insurance | -$59 | |
| Property Management Fees | -$119 | |
|
CASH FLOW
-$225
|
||
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.
$395,000
PROJECTED PRICE
$1,540
PROJECTED RENT
0.39%
PROJECTED RENT / PRICE RATIO
| 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
PROJECTED ANNUAL CASH FLOW
PROJECTED PROPERTY VALUE
30 YEAR PROJECTION
- Appreciation
- Principal
- Loan Balance
TOTAL CASH OUT OF POCKET
INVESTMENT
$110,425
LOAN DETAILS
$1,457
MONTHLY LOAN PAYMENT
| Term | 30 Years |
| Interest | 4.25% |
| Down Payment | $98,750 |
| Loan Amount | $296,250 |
2.58
YEARS SAVED
$9,669
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
-
$1,737
COMP ESTIMATED VALUE -
$1.14
COMP AVG. RENT PER SQFT
Comps Range
-
19 Bodie Drive Carson City, NV 1
- 3 beds 2 baths ∙ 1,528 Sqft ∙ Built 1976 3 beds 2 baths ∙ 1,528 Sqft ∙ Built 1976
- Rent
- Rent Per SQFT
- $0
- $0.00
-
2205 Mayflower Carson City, NV 2
- 3 beds 2 baths ∙ 1,248 Sqft ∙ Built 1982 3 beds 2 baths ∙ 1,248 Sqft ∙ Built 1982
LEASED 04/28/20- Rent
- Rent Per SQFT
- $1,450
- $1.16
-
4218 Quinn Dr Carson City, NV 3
- 3 beds 2 baths ∙ 1,536 Sqft ∙ Built 1993 3 beds 2 baths ∙ 1,536 Sqft ∙ Built 1993
LEASED 09/09/20- Rent
- Rent Per SQFT
- $1,750
- $1.14
-
3511 Imperial Carson City, NV 4
- 3 beds 2 baths ∙ 1,709 Sqft ∙ Built 1975 3 beds 2 baths ∙ 1,709 Sqft ∙ Built 1975
LEASED 08/31/20- Rent
- Rent Per SQFT
- $1,900
- $1.11
PROPERTY LISTING DETAILS
Re/max Realty Affiliates Cc
1.866.250.5610
Mynd Property Management
1453579
MLS #: 200017182
Last Updated: 12/26/2020
