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

1944 Marian Carson City, NV 89706

3 Beds 1 Baths 1,058 sqft Built 1970

$265,000

List Price

$1,260

$1.1K - $1.4K

Rent Est.

PROPERTY INFO

December 11, 2020 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 1970
  • Price/Sqft : $250.47
  • 4 Days on Market
  • MLS # : 200016665
  • Updated Date : 12/11/2020 at 03:16
CONSTRUCTION
  • Beds : 3
  • Floor Size : 1,058 sqft
  • Baths : 1 full
Listing Agent

Chase International-sparks

Listing Agent's Description

3 bedroom , 1 bath with an abundance of natural light and great views of the mountains. Home backs up to open space. Leave right out of your back gate and take a walk. Close to schools, restaurants, shopping and the freeway.

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
 

$238,500$291,500$265,000

PURCHASE PRICE

$1,134$1,386$1,260

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $1,260
EXPENSES Loan Payment -$978
Property Tax -$101
Property Insurance -$49
Property Management Fees -$119
CASH FLOW
$13

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.

$265,000

PROJECTED PRICE

$1,260

PROJECTED RENT

0.48%

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

PROJECTED ANNUAL CASH FLOW

11530-$2.0k$0.0$2.0k$4.0k$6.0k$8.0k$10k$12k

PROJECTED PROPERTY VALUE

30 YEAR PROJECTION

  • Appreciation
  • Principal
  • Loan Balance
11530$0.0$200k$400k$600k$800k$1.0M

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$75,975

INVESTMENT

$75,975

Down Payment
$66,250
Rehab Estimate
$5,750
Closing Costs
$3,975

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

A 45% down payment or higher enables the proceeds from the asset to cover all costs.

$978

MONTHLY LOAN PAYMENT

30 yr
Term
4.25%
Interest
25.00%
Down Payment
Term 30 Years
Interest 4.25%
Down Payment $66,250
Loan Amount $198,750
See What Happens When You Reinvest Cash Flow

5.58

YEARS SAVED

$18,858

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
  • $1,238

    COMP ESTIMATED VALUE
  • $1.17

    COMP AVG. RENT PER SQFT
Comps Range
$0
1$02$1,3003$1,450
$1,450
RENT COMPS ANALYSIS
  • 1944 Marian Carson City, NV 1
    • 3 beds 1 baths ∙ 1,058 Sqft ∙ Built 1970 3 beds 1 baths ∙ 1,058 Sqft ∙ Built 1970
    • Rent
    • Rent Per SQFT
    •  
    • $0
    • $0.00
    •  
  • 1513 N Edmonds Drive #d Carson City, NV 2
    • 3 beds 2 baths ∙ 1,100 Sqft ∙ Built 1973 3 beds 2 baths ∙ 1,100 Sqft ∙ Built 1973
    LEASED 11/16/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,300
    • $1.18
    •  
  • 2205 Mayflower Carson City, NV 3
    • 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
    •  
PROPERTY LISTING DETAILS
Christy Kuzmik
1.775.762.8097
Chase International-sparks
Trevor Steadman
1.866.250.5610
Mynd Property Management
1453579
Northern Nevada Regional MLS ( NNRMLS)
MLS #: 200016665
Last Updated: 12/11/2020
BESbswy