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304 Stillwater Drive Dayton, NV 89403

4 Beds 3 Baths 2,130 sqft Built 1989

$339,000

List Price

$1,890

$1.7K - $2.1K

Rent Est.

PROPERTY INFO

SINGLE-FAMILY
March 18, 2021 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 1989
  • Price/Sqft : $159.15
  • 4 Days on Market
  • MLS # : 210003464
  • Updated Date : 03/18/2021 at 22:21
CONSTRUCTION
  • Beds : 4
  • Floor Size : 2,130 sqft
  • Baths : 2 full , 1 half
Listing Agent

Ferrari-lund Real Estate Reno

Listing Agent's Description

Check out the price per square foot on this single story home! This is a lot of home for the money! It may be dated (reflected in the price), however, a perfect opportunity for someone who needs an affordable larger home but doesn't have tens of thousands to upgrade all at once. The entire exterior has just been professionally painted. Large living room with vaulted ceiling and bay window. Family room also has vaulted ceiling with wood burning fireplace.

SEE MORE

PRICE & RENT TRENDS

Zip Code: 89403

ZipNIR Market*CityMarket2010Year20022019120k140k160k180k200k220k240k260kPrice in $101k279k

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

Zip Code: 89403

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
Dayton Elementary School Primary Regular 439 14 4
Dayton Intermediate School Middle Regular 363 11 NA
Dayton High School High Regular 670 13 4

Dayton Elementary School

  • Education Level: Primary
  • # of students: 439
  • # of teachers: 14
4
GreatSchools Rating

Dayton Intermediate School

  • Education Level: Middle
  • # of students: 363
  • # of teachers: 11
NA
GreatSchools Rating

Dayton High School

  • Education Level: High
  • # of students: 670
  • # of teachers: 13
4
GreatSchools Rating
 

$305,100$372,900$339,000

PURCHASE PRICE

$1,701$2,079$1,890

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $1,890
EXPENSES Loan Payment -$1,177
Property Tax -$277
Property Insurance -$71
Property Management Fees -$119
CASH FLOW
$246

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.

$339,000

PROJECTED PRICE

$1,890

PROJECTED RENT

0.56%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 2.50%
Appreciation Year (1-5) 13.9%
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$0.0$5.0k$10k$15k$20k

PROJECTED PROPERTY VALUE

30 YEAR PROJECTION

  • Appreciation
  • Principal
  • Loan Balance
11530$0.0$200k$400k$600k$800k$1.0M$1.2M$1.4M

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$95,585

INVESTMENT

$95,585

Down Payment
$84,750
Rehab Estimate
$5,750
Closing Costs
$5,085

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

A 35% down payment or higher enables the proceeds from the asset to cover all costs.

$1,177

MONTHLY LOAN PAYMENT

30 yr
Term
3.75%
Interest
25.00%
Down Payment
Term 30 Years
Interest 3.75%
Down Payment $84,750
Loan Amount $254,250
See What Happens When You Reinvest Cash Flow

8.42

YEARS SAVED

$38,429

INTEREST SAVED

CASH FLOW REINVESTMENT

The time & interest saved by applying each month's positive cash flow towards loan principal pay down.

  • $1,890

    LIST RENT
  • $0.89

    LIST RENT PER SQFT
  • $1,970

    COMP ESTIMATED VALUE
  • $0.93

    COMP AVG. RENT PER SQFT
Comps Range
$1,800
1$1,8002$1,8903$1,995
$1,995
RENT COMPS ANALYSIS
  • 304 Stillwater Drive Dayton, NV 2
    • 4 beds 3 baths ∙ 2,130 Sqft ∙ Built 1989 4 beds 3 baths ∙ 2,130 Sqft ∙ Built 1989
    • Rent
    • Rent Per SQFT
    •  
    • $1,890
    • $0.89
    •  
  • 202 Spyglass Dayton, NV 1
    • 3 beds 2 baths ∙ 1,840 Sqft ∙ Built 1990 3 beds 2 baths ∙ 1,840 Sqft ∙ Built 1990
    LEASED 09/30/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,800
    • $0.98
    •  
  • 732 Grayhawk Dayton, NV 3
    • 3 beds 2 baths ∙ 2,299 Sqft ∙ Built 2004 3 beds 2 baths ∙ 2,299 Sqft ∙ Built 2004
    LEASED 12/14/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,995
    • $0.87
    •  
PROPERTY LISTING DETAILS
Ken Zimmerman
Ferrari-lund Real Estate Reno
Trevor Steadman
1.866.250.5610
Mynd Property Management
1453579
Northern Nevada Regional MLS ( NNRMLS)
MLS #: 210003464
Last Updated: 03/18/2021
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