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330 Kilborne Ave Reno, NV 89509

4 Beds 3 Baths 2,086 sqft Built 1992

$530,000

List Price

$2,150

$1.9K - $2.4K

Rent Est.

$146,200

Investment Est.

AVAILABLE

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AVAILABLE

1 Year
(+10.6%)
1 YR. PROJ. APPRECIATION


Cap Rate	2.3%
Cash Flow	-$7,944
Value Increase	$56,790

10 YEAR

Cash On Cash	-6.8%
Total Return	12.3%

PROPERTY INFO

November 17, 2020 RECENTLY ADDED

FACTS

Single Family
Built In 1992
Price/Sqft : $254.07
6 Days on Market
MLS # : 200015950
Updated Date : 11/22/2020 at 06:14

CONSTRUCTION

Beds : 4
Floor Size : 2,086 sqft
Baths : 2 full , 1 half

Listing Agent

Miner Realty Of Nevada Llc

Listing Agent's Description

This specious family home is conveniently located at the very heart of the city. It has a large master bedroom with a separate laundry room. New roof was installed in 2019. Stove in the kitchen will be replaced.

330 Kilborne Ave

Reno, Nevada

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Street View

Neighborhood: Redfield Estates

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

Neighborhood: Redfield Estates

* 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
Huffaker Elementary School	Primary	Regular	481	25	7
Huffaker Elementary School	Middle	Regular	481	25	7
Galena High School	High	Regular	1,345		8

Huffaker Elementary School

Education Level: Primary
# of students: 481
# of teachers: 25

GreatSchools Rating

Huffaker Elementary School

Education Level: Middle
# of students: 481
# of teachers: 25

GreatSchools Rating

Galena High School

Education Level: High
# of students: 1,345
# of teachers:

GreatSchools Rating

FINANCIALS

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$477,000$583,00000$530,000

PURCHASE PRICE

$1,935$2,36500$2,150

RENT

DOWN PAYMENT

FINANCING

OFF ON

Acquisition Concierge

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PROPERTY

Expense Inflation	%
Vacancy	%
Length of Stay
Expense Inflation	%
Vacancy	%
Length of Stay

YEAR (1-5)

Appreciation	%
Rental Growth	%
Maintenance	%

YEAR (1-5)

Appreciation	%
Rental Growth	%
Maintenance	%

YEAR (6+)

Appreciation	%
Rental Growth	%
Maintenance	%

INVESTMENT

Rehab Costs
Reinvest Cash Flow	Yes No
Interest Rate	%

INVESTMENT

Rehab Costs
Reinvest Cash Flow	Yes No
Interest Rate	%

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FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME	Rent	$2,150
EXPENSES	Loan Payment	-$1,955
	Property Tax	-$666
	Property Insurance	-$71
	Property Management Fees	-$119




CASH FLOW -$662

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.

$530,000

PROJECTED PRICE

$2,150

PROJECTED RENT

0.41%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS
Expense Inflation	2.50%
Rental Growth Year (1-5)	2.70%
Appreciation Year (1-5)	10.6%
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

Tenant Turnover

PROJECTED PROPERTY VALUE

30 YEAR PROJECTION

Appreciation
Principal
Loan Balance

TOTAL CASH OUT OF POCKET

INVESTMENT

$146,200

Down Payment	$132,500
Rehab Estimate	$5,750
Closing Costs	$7,950

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

A 65% down payment or higher enables the proceeds from the asset to cover all costs.

$1,955

MONTHLY LOAN PAYMENT

30 yr

4.25%

25.00%

Down Payment

Term	30 Years
Interest	4.25%
Down Payment	$132,500
Loan Amount	$397,500

See What Happens When You Reinvest Cash Flow

0.42

YEARS SAVED

$577

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

$2,404
COMP ESTIMATED VALUE
$1.15
COMP AVG. RENT PER SQFT

Comps Range

1$02$1,9953$2,1404$2,2005$2,200

$2,200

RENT COMPS ANALYSIS

2,086
PROPERTY SQFT
$1.15
AVG RENT PER SQFT
$2,404
ESTIMATED VALUE
$0
LIST RENT

330 Kilborne Ave Reno, NV 4

4 beds 3 baths ∙ 2,086 Sqft ∙ Built 1992 4 beds 3 baths ∙ 2,086 Sqft ∙ Built 1992
Price

Price Per SQFT

$530,000

$254.07
6169 Greenbrook Reno, NV 1

4 beds 3 baths ∙ 2,176 Sqft ∙ Built 1993 4 beds 3 baths ∙ 2,176 Sqft ∙ Built 1993
SOLD 06/30/20
Price

Price Per SQFT

$445,000

$204.50
910 Pinebrook Road Reno, NV 2

4 beds 2 baths ∙ 1,989 Sqft ∙ Built 1977 4 beds 2 baths ∙ 1,989 Sqft ∙ Built 1977
SOLD 10/14/20
Price

Price Per SQFT

$450,000

$226.24
415 Brittany Ave Reno, NV 3

4 beds 3 baths ∙ 2,086 Sqft ∙ Built 1992 4 beds 3 baths ∙ 2,086 Sqft ∙ Built 1992
SOLD 09/14/20
Price

Price Per SQFT

$510,000

$244.49
963 Ridgeview Drive Reno, NV 5

4 beds 2 baths ∙ 2,112 Sqft ∙ Built 1991 4 beds 2 baths ∙ 2,112 Sqft ∙ Built 1991
SOLD 10/19/20
Price

Price Per SQFT

$542,000

$256.63

330 Kilborne Ave Reno, NV 1

4 beds 3 baths ∙ 2,086 Sqft ∙ Built 1992 4 beds 3 baths ∙ 2,086 Sqft ∙ Built 1992
Rent

Rent Per SQFT

$0

$0.00
2280 Virginia Lake Way Reno, NV 2

3 beds 3 baths ∙ 1,758 Sqft ∙ Built 2012 3 beds 3 baths ∙ 1,758 Sqft ∙ Built 2012
LEASED 06/24/20
Rent

Rent Per SQFT

$1,995

$1.13
1310 Waterloo Drive Reno, NV 3

3 beds 4 baths ∙ 1,924 Sqft ∙ Built 2005 3 beds 4 baths ∙ 1,924 Sqft ∙ Built 2005
LEASED 09/12/20
Rent

Rent Per SQFT

$2,140

$1.11
860 Meadow Springs Reno, NV 4

3 beds 2 baths ∙ 1,904 Sqft ∙ Built 1975 3 beds 2 baths ∙ 1,904 Sqft ∙ Built 1975
LEASED 09/20/19
Rent

Rent Per SQFT

$2,200

$1.16
3075 Alpine Creek Reno, NV 5

3 beds 3 baths ∙ 1,819 Sqft ∙ Built 1995 3 beds 3 baths ∙ 1,819 Sqft ∙ Built 1995
LEASED 06/25/20
Rent

Rent Per SQFT

$2,200

$1.21

PROPERTY LISTING DETAILS

Enam Sarkar
Miner Realty Of Nevada Llc

Trevor Steadman
1.866.250.5610
Mynd Property Management
1453579

Northern Nevada Regional MLS ( NNRMLS)
MLS #: 200015950
Last Updated: 11/22/2020

330 Kilborne Ave Reno, NV 89509

$530,000

$2,150

$146,200

REQUEST INFO

PROPERTY INFO

FACTS

CONSTRUCTION

Listing Agent

Listing Agent's Description

PRICE & RENT TRENDS

SCHOOLS

Huffaker Elementary School

Huffaker Elementary School

Galena High School

FINANCIALS

$477,000$583,00000$530,000

$1,935$2,36500$2,150

Acquisition Concierge

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

$530,000

$2,150

0.41%

PROJECTED ACCUMULATED WEALTH

PROJECTED ANNUAL CASH FLOW

PROJECTED PROPERTY VALUE

TOTAL CASH OUT OF POCKET

INVESTMENT

LOAN DETAILS

25%

$1,955

0.42

$577

$530,000

$254.07

$485,965

$232.97

COMPS RANGE

PRICE COMPS ANALYSIS

$0

$0

$2,404

$1.15

Comps Range

RENT COMPS ANALYSIS

PROPERTY LISTING DETAILS