Work with a dedicated Real Estate Advisor who will take your financial preferences and help you select and acquire properties that fit your criteria. Learn more
REQUEST INFO
SCHEDULE APPOINTMENT
It's free, with no obligation
PROPERTY INFO
FACTS
- Single Family
- Built In 2021
- Price/Sqft : $229.41
- 3 Days on Market
- MLS # : 210000006
- Updated Date : 01/01/2021 at 18:40
CONSTRUCTION
- Beds : 3
- Floor Size : 1,887 sqft
- Baths : 2 full
Listing Agent
Silverado Homes Nevada Inc.
Listing Agent's Description
Welcome to Silver Meadows! Wonderful opportunity to own a Brand New Silverado Home in the Wingfield area. Once completed (Summer/Fall 2021), this well designed single level floorplan will boast granite kitchen counters, GE Stainless Steel appliances and much more... At this stage of construction, Buyer's have the opportunity to select their options & upgrades. Exterior photos are of the Model (of the same floorplan) that's being offered for sale.
SEE MORE
PRICE & RENT TRENDS
Neighborhood: Foothill Meadows
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
Neighborhood: Foothill Meadows
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
SCHOOLS
FINANCIALS
PROJECTED BASIC MONTHLY INCOME STATEMENT
| INCOME | Rent | $1,810 |
| EXPENSES | Loan Payment | -$1,597 |
| Property Tax | -$128 | |
| Property Insurance | -$67 | |
| HOA | -$40 | |
| Property Management Fees | -$119 | |
|
CASH FLOW
-$142
|
||
This is the estimated cash flow generated during a typical maintenance-free month. It is recommended that investors set aside 8% of earned rent to cover both maintenance and periods of vacancy.
$432,900
PROJECTED PRICE
$1,810
PROJECTED RENT
0.42%
PROJECTED RENT / PRICE RATIO
| Expense Inflation | 2.50% |
| Rental Growth Year (1-5) | 3.04% |
| Appreciation Year (1-5) | 9.7% |
| Maintenance Year (1-5) | 3.00% |
| Vacancy | 4.52% |
| 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
$116,719
LOAN DETAILS
$1,597
MONTHLY LOAN PAYMENT
| Term | 30 Years |
| Interest | 4.25% |
| Down Payment | $108,225 |
| Loan Amount | $324,675 |
4.5
YEARS SAVED
$22,324
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
-
$1,967
COMP ESTIMATED VALUE -
$1.04
COMP AVG. RENT PER SQFT
Comps Range
-
3805 Serenghetti Drive #06 Sparks, NV 1
- 3 beds 2 baths ∙ 1,887 Sqft ∙ Built 2021 3 beds 2 baths ∙ 1,887 Sqft ∙ Built 2021
![property image]()
- Rent
- Rent Per SQFT
- $0
- $0.00
-
2720 Arrow Smith Sparks, NV 2
- 3 beds 2 baths ∙ 1,549 Sqft ∙ Built 2002 3 beds 2 baths ∙ 1,549 Sqft ∙ Built 2002
![property image]()
LEASED 01/09/20- Rent
- Rent Per SQFT
- $1,685
- $1.09
-
7068 Sacred Circle Sparks, NV 3
- 3 beds 3 baths ∙ 1,761 Sqft ∙ Built 2008 3 beds 3 baths ∙ 1,761 Sqft ∙ Built 2008
![property image]()
LEASED 09/11/19- Rent
- Rent Per SQFT
- $1,800
- $1.02
-
7426 Minkler Court Sparks, NV 4
- 3 beds 2 baths ∙ 1,971 Sqft ∙ Built 2005 3 beds 2 baths ∙ 1,971 Sqft ∙ Built 2005
![property image]()
LEASED 12/30/19- Rent
- Rent Per SQFT
- $1,945
- $0.99
-
7047 Woodward Road Sparks, NV 5
- 3 beds 3 baths ∙ 2,002 Sqft ∙ Built 2015 3 beds 3 baths ∙ 2,002 Sqft ∙ Built 2015
![property image]()
LEASED 10/21/19- Rent
- Rent Per SQFT
- $2,150
- $1.07
PROPERTY LISTING DETAILS
Silverado Homes Nevada Inc.
1.866.250.5610
Mynd Property Management
1453579
MLS #: 210000006
Last Updated: 01/01/2021
