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INVESTimate
$419,000
List Price
$116,785
REQUEST INFO
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PROPERTY INFO
FACTS
- Built In 1999
- Price/Sqft : $236.99
- 4 Days on Market
- MLS # : 200011705
- Updated Date : 08/25/2020 at 15:28
CONSTRUCTION
- Beds : 3
- Floor Size : 1,768 sqft
- Baths : 2 full
Listing Agent
Berkshire Hathaway
Listing Agent's Description
Updated North Carson City home.... Move-in ready! Open floor-plan includes formal living area with separate family room adjoining an open kitchen. Newer (less than a year) stainless steel appliances include gas-range oven combo, dishwasher, refrigerator and a new faucet was recently installed. Master suite includes a generous walk-in closet, spacious master bath and a new ceiling fan in bedroom. Ideal family home, close to park, neighborhood walkway, shopping and schools!
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PRICE & RENT TRENDS
Zip Code: 89706
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
Zip Code: 89706
* 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 | $1,810 |
EXPENSES | Loan Payment | -$1,546 |
Property Tax | -$215 | |
Property Insurance | -$64 | |
Property Management Fees | -$119 | |
CASH FLOW
-$133
|
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.
$419,000
PROJECTED PRICE
$1,810
PROJECTED RENT
0.43%
PROJECTED RENT / PRICE RATIO
Expense Inflation | 2.50% |
Rental Growth Year (1-5) | 2.50% |
Appreciation Year (1-5) | 11.27% |
Maintenance Year (1-5) | 8.00% |
Vacancy | 6.00% |
Length of Stay Years | 2 |
TOTAL CASH OUT OF POCKET
INVESTMENT
$116,785
LOAN DETAILS
$1,546
MONTHLY LOAN PAYMENT
Term | 30 Years |
Interest | 4.25% |
Down Payment | $104,750 |
Loan Amount | $314,250 |
3.58
YEARS SAVED
$16,056
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
-
$2,063
COMP ESTIMATED VALUE -
$1.17
COMP AVG. RENT PER SQFT
Comps Range
PROPERTY LISTING DETAILS
Berkshire Hathaway
1.866.250.5610
Mynd Property Management
1453579
MLS #: 200011705
Last Updated: 08/25/2020