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328 Sarah Carson City, NV 89706

3 Beds 2 Baths 1,336 sqft Built 1989

$345,000

List Price

$1,630

$1.5K - $1.8K

Rent Est.

PROPERTY INFO

February 07, 2021 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 1989
  • Price/Sqft : $258.23
  • 2 Days on Market
  • MLS # : 210001452
  • Updated Date : 02/07/2021 at 03:15
CONSTRUCTION
  • Beds : 3
  • Floor Size : 1,336 sqft
  • Baths : 2 full
Listing Agent

Keller Williams Group One Inc.

Listing Agent's Description

Cozy 3 bedroom 2 bath in North Carson City. This home sits in a quiet neighborhood with quick access to the freeway. Gorgeous covered patio and two storage sheds in the backyard.

SEE MORE

PRICE & RENT TRENDS

Zip Code: 89706

ZipNIR Market*CityMarket2010Year20002019140k160k180k200k220k240k260k280k300kPrice in $128k312k

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

Zip Code: 89706

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
Fritsch Elementary School Primary Regular 544 32 5
Carson Middle School Middle Regular 1,061 56 NA
Carson High School High Regular 2,157 100 7

Fritsch Elementary School

  • Education Level: Primary
  • # of students: 544
  • # of teachers: 32
5
GreatSchools Rating

Carson Middle School

  • Education Level: Middle
  • # of students: 1,061
  • # of teachers: 56
NA
GreatSchools Rating

Carson High School

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

$310,500$379,500$345,000

PURCHASE PRICE

$1,467$1,793$1,630

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $1,630
EXPENSES Loan Payment -$1,198
Property Tax -$151
Property Insurance -$55
Property Management Fees -$119
CASH FLOW
$107

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.

$345,000

PROJECTED PRICE

$1,630

PROJECTED RENT

0.47%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 2.50%
Appreciation Year (1-5) 11.3%
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

PROJECTED ANNUAL CASH FLOW

11530$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

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$97,175

INVESTMENT

$97,175

Down Payment
$86,250
Rehab Estimate
$5,750
Closing Costs
$5,175

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

A 40% down payment or higher enables the proceeds from the asset to cover all costs.

$1,198

MONTHLY LOAN PAYMENT

30 yr
Term
3.75%
Interest
25.00%
Down Payment
Term 30 Years
Interest 3.75%
Down Payment $86,250
Loan Amount $258,750
See What Happens When You Reinvest Cash Flow

6.67

YEARS SAVED

$27,600

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
  • $1,799

    COMP ESTIMATED VALUE
  • $1.35

    COMP AVG. RENT PER SQFT
Comps Range
$0
1$02$1,5953$1,8004$1,850
$1,850
RENT COMPS ANALYSIS
  • 328 Sarah Carson City, NV 1
    • 3 beds 2 baths ∙ 1,336 Sqft ∙ Built 1989 3 beds 2 baths ∙ 1,336 Sqft ∙ Built 1989
    property image
    • Rent
    • Rent Per SQFT
    •  
    • $0
    • $0.00
    •  
  • 1435 E Long Carson City, NV 2
    • 3 beds 2 baths ∙ 1,160 Sqft ∙ Built 1978 3 beds 2 baths ∙ 1,160 Sqft ∙ Built 1978
    property image
    LEASED 01/08/21
    • Rent
    • Rent Per SQFT
    •  
    • $1,595
    • $1.38
    •  
  • 2496 Chardonnay Carson City, NV 3
    • 3 beds 2 baths ∙ 1,480 Sqft ∙ Built 1997 3 beds 2 baths ∙ 1,480 Sqft ∙ Built 1997
    property image
    LEASED 04/28/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,800
    • $1.22
    •  
  • 2462 Havenwood Ct. Carson City, NV 4
    • 3 beds 2 baths ∙ 1,288 Sqft ∙ Built 2000 3 beds 2 baths ∙ 1,288 Sqft ∙ Built 2000
    property image
    LEASED 11/30/19
    • Rent
    • Rent Per SQFT
    •  
    • $1,850
    • $1.44
    •  
PROPERTY LISTING DETAILS
Nick Philips
Keller Williams Group One Inc.
Trevor Steadman
1.866.250.5610
Mynd Property Management
1453579
Northern Nevada Regional MLS ( NNRMLS)
MLS #: 210001452
Last Updated: 02/07/2021
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