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21133 Mt Lewis Ct 
Reno, NV
89508
4 Beds 2 Baths 1,957 sqft
Built 2001
INVESTimate
$358,900
List Price
$100,859
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PROPERTY INFO
FACTS
- Built In 2001
- Price/Sqft : $183.39
- 3 Days on Market
- MLS # : 200011671
- Updated Date : 08/26/2020 at 01:18
CONSTRUCTION
- Beds : 4
- Floor Size : 1,957 sqft
- Baths : 2 full
Listing Agent
Keller Williams Group One Inc.
Listing Agent's Description
You won't find a cleaner single story home that is turn key move in ready. Large open living room includes a cozy pellet stove for those chilly winter nights. Kitchen is spacious with newer stainless steel appliances. Some fresh interior paint and new baseboards. Newer air conditioner. Large .31 acre lot has boat/RV parking and a large storage shed. Close to local hiking trails and two public parks. Don't wait on this one!
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PRICE & RENT TRENDS
Neighborhood: Peavine View Estates
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
Neighborhood: Peavine View Estates
* 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 | $1,950 |
| EXPENSES | Loan Payment | -$1,324 |
| Property Tax | -$620 | |
| Property Insurance | -$69 | |
| HOA | -$25 | |
| Property Management Fees | -$119 | |
|
CASH FLOW
-$207
|
||
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.
$358,900
PROJECTED PRICE
$1,950
PROJECTED RENT
0.54%
PROJECTED RENT / PRICE RATIO
| Expense Inflation | 2.50% |
| Rental Growth Year (1-5) | 2.70% |
| Appreciation Year (1-5) | 10.31% |
| Maintenance Year (1-5) | 8.00% |
| Vacancy | 4.04% |
| Length of Stay Years | 2 |
TOTAL CASH OUT OF POCKET
INVESTMENT
$100,859
LOAN DETAILS
$1,324
MONTHLY LOAN PAYMENT
| Term | 30 Years |
| Interest | 4.25% |
| Down Payment | $89,725 |
| Loan Amount | $269,175 |
2.33
YEARS SAVED
$6,462
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
-
$2,211
COMP ESTIMATED VALUE -
$1.13
COMP AVG. RENT PER SQFT
Comps Range
-
21133 Mt Lewis Ct Reno, 1
- 4 beds 2 baths ∙ 1,957 Sqft ∙ Built 2001 4 beds 2 baths ∙ 1,957 Sqft ∙ Built 2001
![property image]()
- Rent
- Rent Per SQFT
- $0
- $0.00
-
18346 Vineyard Reno, 2
- 3 beds 2 baths ∙ 1,777 Sqft ∙ Built 2006 3 beds 2 baths ∙ 1,777 Sqft ∙ Built 2006
![property image]()
LEASED 02/01/20- Rent
- Rent Per SQFT
- $2,000
- $1.13
PROPERTY LISTING DETAILS
Keller Williams Group One Inc.
1.866.250.5610
Mynd Property Management
1453579
MLS #: 200011671
Last Updated: 08/26/2020
