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2249 Empire Ranch Road Carson City, NV 89701

3 Beds 2 Baths 1,627 sqft Built 1978

$434,900

List Price

$1,710

$1.5K - $1.9K

Rent Est.

PROPERTY INFO

SINGLE-FAMILY
March 12, 2021 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 1978
  • Price/Sqft : $267.30
  • 3 Days on Market
  • MLS # : 210003144
  • Updated Date : 03/13/2021 at 17:19
CONSTRUCTION
  • Beds : 3
  • Floor Size : 1,627 sqft
  • Baths : 2 full
Listing Agent

Keller Williams Group One Inc.

Listing Agent's Description

This ranch style home is situated on just over 1/2 acre lot with RV parking. Double gates on either side of the home make it easy to access the yard with all of your outdoor toys! The kitchen overlooks the large family room which boasts a fireplace for cozy evening enjoyment. The master bedroom is large and comes complete with walk in closet, built-in shelves and brand new carpet. Don't miss your opportunity to view this wonderful home.

SEE MORE

PRICE & RENT TRENDS

Zip Code: 89701

ZipNIR Market*CityMarket2010Year20002019140k160k180k200k220k240k260k280k300kPrice in $134k312k

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

Zip Code: 89701

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
Empire Elementary School Primary Regular 566 39 2
Eagle Valley Middle School Middle Regular 659 35 NA
Carson High School High Regular 2,157 100 7

Empire Elementary School

  • Education Level: Primary
  • # of students: 566
  • # of teachers: 39
2
GreatSchools Rating

Eagle Valley Middle School

  • Education Level: Middle
  • # of students: 659
  • # of teachers: 35
NA
GreatSchools Rating

Carson High School

  • Education Level: High
  • # of students: 2,157
  • # of teachers: 100
7
GreatSchools Rating
 

$391,410$478,390$434,900

PURCHASE PRICE

$1,539$1,881$1,710

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $1,710
EXPENSES Loan Payment -$1,511
Property Tax -$158
Property Insurance -$61
Property Management Fees -$119
CASH FLOW
-$138

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.

$434,900

PROJECTED PRICE

$1,710

PROJECTED RENT

0.39%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 2.50%
Appreciation Year (1-5) 12.3%
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$1.2M$1.4M$1.6M$1.8M

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$120,999

INVESTMENT

$120,999

Down Payment
$108,725
Rehab Estimate
$5,750
Closing Costs
$6,524

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

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

$1,511

MONTHLY LOAN PAYMENT

30 yr
Term
3.75%
Interest
25.00%
Down Payment
Term 30 Years
Interest 3.75%
Down Payment $108,725
Loan Amount $326,175
See What Happens When You Reinvest Cash Flow

3.58

YEARS SAVED

$13,864

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
  • $1,855

    COMP ESTIMATED VALUE
  • $1.14

    COMP AVG. RENT PER SQFT
Comps Range
$0
1$02$1,750
$1,750
RENT COMPS ANALYSIS
  • 2249 Empire Ranch Road Carson City, NV 1
    • 3 beds 2 baths ∙ 1,627 Sqft ∙ Built 1978 3 beds 2 baths ∙ 1,627 Sqft ∙ Built 1978
    • Rent
    • Rent Per SQFT
    •  
    • $0
    • $0.00
    •  
  • 4218 Quinn Dr Carson City, NV 2
    • 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
    •  
PROPERTY LISTING DETAILS
Michael Jackson
Keller Williams Group One Inc.
Trevor Steadman
1.866.250.5610
Mynd Property Management
1453579
Northern Nevada Regional MLS ( NNRMLS)
MLS #: 210003144
Last Updated: 03/13/2021
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