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3610 Shawnee Dr Carson City, NV 89705

3 Beds 2 Baths 2,152 sqft Built 1976

$597,900

List Price

$2,350

$2.1K - $2.6K

Rent Est.

PROPERTY INFO

December 19, 2020 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 1976
  • Price/Sqft : $277.83
  • 3 Days on Market
  • MLS # : 200016979
  • Updated Date : 12/19/2020 at 00:25
CONSTRUCTION
  • Beds : 3
  • Floor Size : 2,152 sqft
  • Baths : 2 full
Listing Agent

O'donnell Realty Group

Listing Agent's Description

What an opportunity! This adorable home is set on almost an acre of land with mountain views out back.This horse property has so much to offer. Living spaces are inviting and spacious, master bedroom is enormous, separate laundry and mud-room area off kitchen, new carpet and laminate. This home has a 1500 square foot unfinished basement you can access from backyard that was used as a workshop/tack room. Circular driveway, RV parking, extra storage sheds and stables. An amazing property to make your own!

SEE MORE

PRICE & RENT TRENDS

Zip Code: 89705

ZipNIR Market*CityMarket2010Year20002019160k180k200k220k240k260k280k300k320k340k360k380k400kPrice in $157k400k

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

Zip Code: 89705

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
Jacks Valley Elementary School Primary Regular 427 26 6
Jacks Valley Elementary School Middle Regular 427 26 6
Douglas County High School High Regular 1,265 64 9

Jacks Valley Elementary School

  • Education Level: Primary
  • # of students: 427
  • # of teachers: 26
6
GreatSchools Rating

Jacks Valley Elementary School

  • Education Level: Middle
  • # of students: 427
  • # of teachers: 26
6
GreatSchools Rating

Douglas County High School

  • Education Level: High
  • # of students: 1,265
  • # of teachers: 64
9
GreatSchools Rating
 

$538,110$657,690$597,900

PURCHASE PRICE

$2,115$2,585$2,350

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $2,350
EXPENSES Loan Payment -$2,206
Property Tax -$614
Property Insurance -$71
Property Management Fees -$119
CASH FLOW
-$661

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.

$597,900

PROJECTED PRICE

$2,350

PROJECTED RENT

0.39%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 2.50%
Appreciation Year (1-5) 12.1%
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$500k$1.0M$1.5M$2.0M

PROJECTED ANNUAL CASH FLOW

11530-$10k-$5.0k$0.0$5.0k$10k

PROJECTED PROPERTY VALUE

30 YEAR PROJECTION

  • Appreciation
  • Principal
  • Loan Balance
11530$0.0$500k$1.0M$1.5M$2.0M

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$164,194

INVESTMENT

$164,194

Down Payment
$149,475
Rehab Estimate
$5,750
Closing Costs
$8,969

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

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

$2,206

MONTHLY LOAN PAYMENT

30 yr
Term
4.25%
Interest
25.00%
Down Payment
Term 30 Years
Interest 4.25%
Down Payment $149,475
Loan Amount $448,425
See What Happens When You Reinvest Cash Flow

0.42

YEARS SAVED

$812

INTEREST SAVED

CASH FLOW REINVESTMENT

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

  • $2,350

    LIST RENT
  • $1.09

    LIST RENT PER SQFT
  • $2,798

    COMP ESTIMATED VALUE
  • $1.3

    COMP AVG. RENT PER SQFT
Comps Range
$2,350
1$2,3502$2,650
$2,650
RENT COMPS ANALYSIS
  • 3610 Shawnee Dr Carson City, NV 1
    • 3 beds 2 baths ∙ 2,152 Sqft ∙ Built 1976 3 beds 2 baths ∙ 2,152 Sqft ∙ Built 1976
    • Rent
    • Rent Per SQFT
    •  
    • $2,350
    • $1.09
    •  
  • 3522 Arcadia Drive Carson City, NV 2
    • 4 beds 3 baths ∙ 2,043 Sqft ∙ Built 1973 4 beds 3 baths ∙ 2,043 Sqft ∙ Built 1973
    LEASED 06/23/20
    • Rent
    • Rent Per SQFT
    •  
    • $2,650
    • $1.30
    •  
PROPERTY LISTING DETAILS
Mary Crow
O'donnell Realty Group
Trevor Steadman
1.866.250.5610
Mynd Property Management
1453579
Northern Nevada Regional MLS ( NNRMLS)
MLS #: 200016979
Last Updated: 12/19/2020
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