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PROPERTY INFO
FACTS
- Single Family
- Built In 1995
- Price/Sqft : $264.42
- 3 Days on Market
- MLS # : 210002037
- Updated Date : 02/20/2021 at 01:22
CONSTRUCTION
- Beds : 3
- Floor Size : 1,456 sqft
- Baths : 2 full , 1 half
Listing Agent
True Real Estate
Listing Agent's Description
Beautiful 2 story house, consists of 3beds/ 2bath. Close to Mira Loma park, schools and shopping centers. Well cared for paved patio for those warm summer night barbecues with family and friends. Enjoy the impressive reno skyline at night and the calming creek during the day from the master bedroom. This gorgeous home will not last!
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PRICE & RENT TRENDS
Neighborhood: Roseview
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
Neighborhood: Roseview
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
SCHOOLS
FINANCIALS
PROJECTED BASIC MONTHLY INCOME STATEMENT
| INCOME | Rent | $1,690 |
| EXPENSES | Loan Payment | -$1,337 |
| Property Tax | -$500 | |
| Property Insurance | -$58 | |
| HOA | -$10 | |
| Property Management Fees | -$119 | |
|
CASH FLOW
-$334
|
||
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.
$385,000
PROJECTED PRICE
$1,690
PROJECTED RENT
0.44%
PROJECTED RENT / PRICE RATIO
| Expense Inflation | 2.50% |
| Rental Growth Year (1-5) | 2.70% |
| Appreciation Year (1-5) | 13.0% |
| Maintenance Year (1-5) | 8.00% |
| Vacancy | 4.04% |
| 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
$107,775
LOAN DETAILS
$1,337
MONTHLY LOAN PAYMENT
| Term | 30 Years |
| Interest | 3.75% |
| Down Payment | $96,250 |
| Loan Amount | $288,750 |
1.25
YEARS SAVED
$2,202
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
-
$1,645
COMP ESTIMATED VALUE -
$1.13
COMP AVG. RENT PER SQFT
Comps Range
-
3131 Winter Rose Cir Reno, NV 1
- 3 beds 3 baths ∙ 1,456 Sqft ∙ Built 1995 3 beds 3 baths ∙ 1,456 Sqft ∙ Built 1995
![property image]()
- Rent
- Rent Per SQFT
- $0
- $0.00
-
2796 Randolph Reno, NV 2
- 3 beds 3 baths ∙ 1,412 Sqft ∙ Built 1985 3 beds 3 baths ∙ 1,412 Sqft ∙ Built 1985
![property image]()
LEASED 03/06/20- Rent
- Rent Per SQFT
- $1,600
- $1.13
-
3930 Amador Way Reno, NV 3
- 4 beds 2 baths ∙ 1,672 Sqft ∙ Built 1975 4 beds 2 baths ∙ 1,672 Sqft ∙ Built 1975
![property image]()
LEASED 01/19/21- Rent
- Rent Per SQFT
- $1,895
- $1.13
PROPERTY LISTING DETAILS
True Real Estate
1.866.250.5610
Mynd Property Management
1453579
MLS #: 210002037
Last Updated: 02/20/2021
