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PROPERTY INFO
FACTS
- Single Family
- Built In 1962
- Price/Sqft : $299.25
- 4 Days on Market
- MLS # : 210001711
- Updated Date : 02/12/2021 at 22:30
CONSTRUCTION
- Beds : 3
- Floor Size : 1,203 sqft
- Baths : 2 full
Listing Agent
Re/max Professionals
Listing Agent's Description
You'll want to view this charming Sparks home that has recently undergone a major facelift! So much new! Brand new LVP flooring throughout, all brand new windows, slider, and garage man door, as well as full interior paint, scraped ceilings, and new baseboards. The kitchen was completely gutted and replaced with all new cabinets, granite counters, brand new appliances, sink, and the washer/dryer was relocated to the garage. Approx 300sf bonus room not included in home square footage. You'll love it!
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PRICE & RENT TRENDS
Neighborhood: Vista del Oro
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
Neighborhood: Vista del Oro
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
SCHOOLS
FINANCIALS
PROJECTED BASIC MONTHLY INCOME STATEMENT
| INCOME | Rent | $1,560 |
| EXPENSES | Loan Payment | -$1,250 |
| Property Tax | -$267 | |
| Property Insurance | -$53 | |
| Property Management Fees | -$119 | |
|
CASH FLOW
-$129
|
||
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.
$360,000
PROJECTED PRICE
$1,560
PROJECTED RENT
0.43%
PROJECTED RENT / PRICE RATIO
| Expense Inflation | 2.50% |
| Rental Growth Year (1-5) | 2.73% |
| Appreciation Year (1-5) | 11.4% |
| Maintenance Year (1-5) | 8.00% |
| Vacancy | 4.08% |
| 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
$101,150
LOAN DETAILS
$1,250
MONTHLY LOAN PAYMENT
| Term | 30 Years |
| Interest | 3.75% |
| Down Payment | $90,000 |
| Loan Amount | $270,000 |
3.67
YEARS SAVED
$11,906
INTEREST SAVED
CASH FLOW REINVESTMENT
The time & interest saved by applying each month's positive cash flow towards loan principal pay down.
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$0
LIST RENT -
$0
LIST RENT PER SQFT
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COMP ESTIMATED VALUE -
COMP AVG. RENT PER SQFT
Comps Range
-
340 Galleron Sparks, NV
- 3 beds 2 baths ∙ 1,203 Sqft ∙ Built 1962 3 beds 2 baths ∙ 1,203 Sqft ∙ Built 1962
![property image]()
- Rent
- Rent Per SQFT
- $0
- $0.00
PROPERTY LISTING DETAILS
Re/max Professionals
1.866.250.5610
Mynd Property Management
1453579
MLS #: 210001711
Last Updated: 02/12/2021
