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2150 Court Side Cir. Carson City, NV 89703

3 Beds 3 Baths 1,902 sqft Built 1995

$474,000

List Price

$2,170

$2K - $2.4K

Rent Est.

PROPERTY INFO

FACTS
  • Built In 1995
  • Price/Sqft : $249.21
  • 9 Days on Market
  • MLS # : 200014989
  • Updated Date : 10/27/2020 at 19:43
CONSTRUCTION
  • Beds : 3
  • Floor Size : 1,902 sqft
  • Baths : 3 full
Listing Agent

Coldwell Banker Select Re Cc

Listing Agent's Description

Beauty, Warmth and Serenity greet you in this Silver Oak Neighborhood home! Enjoy your wraparound porch on your large corner lot. Dining Room French doors open to a spectacular view of the Sierras. Two-sided gas log fireplace warms you for family dinners or keeps you cozy while reading in your formal living room. Featured amenities include new waterproof vinyl plank flooring, large kitchen island with Jenn Aire range, grill and cooktop, double ovens, sound system speakers wired into both floors

SEE MORE

PRICE & RENT TRENDS

Zip Code: 89703

ZipNIR Market*CityMarket2010Year20002019160k180k200k220k240k260k280k300k320k340k360k380k400kPrice in $144k400k

* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR

Zip Code: 89703

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
Fritsch Elementary School Primary Regular 544 32 5
Carson Middle School Middle Regular 1,061 56 NA
Carson High School High Regular 2,157 100 7

Fritsch Elementary School

  • Education Level: Primary
  • # of students: 544
  • # of teachers: 32
5
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
 

$426,600$521,400$474,000

PURCHASE PRICE

$1,953$2,387$2,170

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $2,170
EXPENSES Loan Payment -$1,749
Property Tax -$295
Property Insurance -$66
HOA -$70
Property Management Fees -$119
CASH FLOW
-$129

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.

$474,000

PROJECTED PRICE

$2,170

PROJECTED RENT

0.46%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 2.50%
Appreciation Year (1-5) 8.8%
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$131,360

INVESTMENT

$131,360

Down Payment
$118,500
Rehab Estimate
$5,750
Closing Costs
$7,110

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

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

$1,749

MONTHLY LOAN PAYMENT

30 yr
Term
4.25%
Interest
25.00%
Down Payment
Term 30 Years
Interest 4.25%
Down Payment $118,500
Loan Amount $355,500
See What Happens When You Reinvest Cash Flow

3.58

YEARS SAVED

$18,049

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
  • $2,292

    COMP ESTIMATED VALUE
  • $1.21

    COMP AVG. RENT PER SQFT
Comps Range
$0
1$02$1,9003$2,500
$2,500
RENT COMPS ANALYSIS
  • 2150 Court Side Cir. Carson City, NV 1
    • 3 beds 3 baths ∙ 1,902 Sqft ∙ Built 1995 3 beds 3 baths ∙ 1,902 Sqft ∙ Built 1995
    property image
    • Rent
    • Rent Per SQFT
    •  
    • $0
    • $0.00
    •  
  • 3511 Imperial Carson City, NV 2
    • 3 beds 2 baths ∙ 1,709 Sqft ∙ Built 1975 3 beds 2 baths ∙ 1,709 Sqft ∙ Built 1975
    property image
    LEASED 08/31/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,900
    • $1.11
    •  
  • 2142 Saint George Way Carson City, NV 3
    • 3 beds 2 baths ∙ 1,927 Sqft ∙ Built 1996 3 beds 2 baths ∙ 1,927 Sqft ∙ Built 1996
    property image
    LEASED 03/13/20
    • Rent
    • Rent Per SQFT
    •  
    • $2,500
    • $1.30
    •  
PROPERTY LISTING DETAILS
Victoria Williams
Coldwell Banker Select Re Cc
Trevor Steadman
1.866.250.5610
Mynd Property Management
1453579
Northern Nevada Regional MLS ( NNRMLS)
MLS #: 200014989
Last Updated: 10/27/2020
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