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PROPERTY INFO
FACTS
- Single Family
- Built In 2007
- Price/Sqft : $198.11
- 6 Days on Market
- MLS # : 200016456
- Updated Date : 12/04/2020 at 19:29
CONSTRUCTION
- Beds : 4
- Floor Size : 1,585 sqft
- Baths : 2 full
Listing Agent
Nevada Home Connections
Listing Agent's Description
Enjoy the peace and quiet in this home,located away from the traffic on 8th street. RV parking Open floor plan,front landscaping; 2x6 construction; Spacious bedrooms, master has walk in closet, large open kitchen with breakfast bar, great room and master have coffered ceilings, 1/3 acre lot, No Homeowner Association. Garage was smoked in but not the house. Carpet and house have been recently cleaned.
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PRICE & RENT TRENDS
Neighborhood: Sun Valley
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
Neighborhood: Sun Valley
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
SCHOOLS
FINANCIALS
PROJECTED BASIC MONTHLY INCOME STATEMENT
| INCOME | Rent | $1,670 |
| EXPENSES | Loan Payment | -$1,159 |
| Property Tax | -$652 | |
| Property Insurance | -$61 | |
| Property Management Fees | -$119 | |
|
CASH FLOW
-$321
|
||
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.
$314,000
PROJECTED PRICE
$1,670
PROJECTED RENT
0.53%
PROJECTED RENT / PRICE RATIO
| Expense Inflation | 2.50% |
| Rental Growth Year (1-5) | 2.73% |
| Appreciation Year (1-5) | 10.1% |
| Maintenance Year (1-5) | 8.00% |
| Vacancy | 4.08% |
| 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
$88,960
LOAN DETAILS
$1,159
MONTHLY LOAN PAYMENT
| Term | 30 Years |
| Interest | 4.25% |
| Down Payment | $78,500 |
| Loan Amount | $235,500 |
0.67
YEARS SAVED
$895
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
-
$1,672
COMP ESTIMATED VALUE -
$1.06
COMP AVG. RENT PER SQFT
Comps Range
-
224 8th Avenue Sun Valley, NV 1
- 4 beds 2 baths ∙ 1,585 Sqft ∙ Built 2007 4 beds 2 baths ∙ 1,585 Sqft ∙ Built 2007
- Rent
- Rent Per SQFT
- $0
- $0.00
-
5499 Breeze Sun Valley, NV 2
- 4 beds 2 baths ∙ 1,568 Sqft ∙ Built 1996 4 beds 2 baths ∙ 1,568 Sqft ∙ Built 1996
LEASED 02/12/20- Rent
- Rent Per SQFT
- $1,650
- $1.05
-
5515 Desert Dreams Dr Sun Valley, NV 3
- 4 beds 2 baths ∙ 1,796 Sqft ∙ Built 2012 4 beds 2 baths ∙ 1,796 Sqft ∙ Built 2012
LEASED 11/15/19- Rent
- Rent Per SQFT
- $1,900
- $1.06
PROPERTY LISTING DETAILS
Nevada Home Connections
1.866.250.5610
Mynd Property Management
1453579
MLS #: 200016456
Last Updated: 12/04/2020
