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404 Channel Dayton, NV 89403

3 Beds 3 Baths 2,572 sqft Built 1989

$499,999

List Price

$2,080

$1.9K - $2.3K

Rent Est.

PROPERTY INFO

February 06, 2021 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 1989
  • Price/Sqft : $194.40
  • 3 Days on Market
  • MLS # : 210001427
  • Updated Date : 02/06/2021 at 05:05
CONSTRUCTION
  • Beds : 3
  • Floor Size : 2,572 sqft
  • Baths : 2 full , 1 half
Listing Agent

Keller Williams Group One Inc.

Listing Agent's Description

Located in the beautiful Dayton Valley close to schools, shopping, hiking and off road trails. This two story home has many upgrades. New roof, exterior paint, new carpet and laminate flooring in 2016. New windows installed in 2018 with the exception of upstairs bathroom and laundry room. Kitchen appliances have been upgraded, including new kitchen sink and dishwasher. New granite counter tops. Some new interior paint in the master bedroom, entry and front room, bathrooms.

SEE MORE

PRICE & RENT TRENDS

Zip Code: 89403

ZipNIR Market*CityMarket2010Year20022019120k140k160k180k200k220k240k260kPrice in $101k279k

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

Zip Code: 89403

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
Dayton Elementary School Primary Regular 439 14 4
Dayton Intermediate School Middle Regular 363 11 NA
Dayton High School High Regular 670 13 4

Dayton Elementary School

  • Education Level: Primary
  • # of students: 439
  • # of teachers: 14
4
GreatSchools Rating

Dayton Intermediate School

  • Education Level: Middle
  • # of students: 363
  • # of teachers: 11
NA
GreatSchools Rating

Dayton High School

  • Education Level: High
  • # of students: 670
  • # of teachers: 13
4
GreatSchools Rating
 

$449,999$549,999$499,999

PURCHASE PRICE

$1,872$2,288$2,080

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $2,080
EXPENSES Loan Payment -$1,737
Property Tax -$314
Property Insurance -$80
Property Management Fees -$119
CASH FLOW
-$170

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.

$499,999

PROJECTED PRICE

$2,080

PROJECTED RENT

0.42%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 2.50%
Appreciation Year (1-5) 13.9%
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-$5.0k$0.0$5.0k$10k$15k

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$138,250

INVESTMENT

$138,250

Down Payment
$125,000
Rehab Estimate
$5,750
Closing Costs
$7,500

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

A 50% down payment or higher enables the proceeds from the asset to cover all costs.

$1,737

MONTHLY LOAN PAYMENT

30 yr
Term
3.75%
Interest
25.00%
Down Payment
Term 30 Years
Interest 3.75%
Down Payment $125,000
Loan Amount $374,999
See What Happens When You Reinvest Cash Flow

3.33

YEARS SAVED

$13,575

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
  • $2,238

    COMP ESTIMATED VALUE
  • $0.87

    COMP AVG. RENT PER SQFT
Comps Range
$0
1$02$1,995
$1,995
RENT COMPS ANALYSIS
  • 404 Channel Dayton, NV 1
    • 3 beds 3 baths ∙ 2,572 Sqft ∙ Built 1989 3 beds 3 baths ∙ 2,572 Sqft ∙ Built 1989
    • Rent
    • Rent Per SQFT
    •  
    • $0
    • $0.00
    •  
  • 732 Grayhawk Dayton, NV 2
    • 3 beds 2 baths ∙ 2,299 Sqft ∙ Built 2004 3 beds 2 baths ∙ 2,299 Sqft ∙ Built 2004
    LEASED 12/14/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,995
    • $0.87
    •  
PROPERTY LISTING DETAILS
Tamara Burnet
Keller Williams Group One Inc.
Trevor Steadman
1.866.250.5610
Mynd Property Management
1453579
Northern Nevada Regional MLS ( NNRMLS)
MLS #: 210001427
Last Updated: 02/06/2021
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