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PROPERTY INFO
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!
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PRICE & RENT TRENDS
Zip Code: 89705
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
Zip Code: 89705
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
SCHOOLS
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
| 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
PROJECTED ANNUAL CASH FLOW
PROJECTED PROPERTY VALUE
30 YEAR PROJECTION
- Appreciation
- Principal
- Loan Balance
TOTAL CASH OUT OF POCKET
INVESTMENT
$164,194
LOAN DETAILS
$2,206
MONTHLY LOAN PAYMENT
| Term | 30 Years |
| Interest | 4.25% |
| Down Payment | $149,475 |
| Loan Amount | $448,425 |
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
-
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
O'donnell Realty Group
1.866.250.5610
Mynd Property Management
1453579
MLS #: 200016979
Last Updated: 12/19/2020
