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4398 Combs Canyon Road Carson City, NV 89703

3 Beds 2 Baths 3,069 sqft Built 1981

$624,900

List Price

$3,370

$3.1K - $3.6K

Rent Est.

PROPERTY INFO

November 12, 2020 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 1981
  • Price/Sqft : $203.62
  • 5 Days on Market
  • MLS # : 200015687
  • Updated Date : 11/11/2020 at 22:34
CONSTRUCTION
  • Beds : 3
  • Floor Size : 3,069 sqft
  • Baths : 2 full
Listing Agent

Re/max Professionals

Listing Agent's Description

One-of-a-kind single-family home in Carson City! Looking for something outside of the normal cookie cutter home? Look no further than this fabulous 3 bedroom / 2-bathroom split level home that boasts 3,069 square feet of totally unique living space. This incredible property sits on a 1-acre parcel and enjoys breathtaking views of the surrounding Sierras while being nestled into a gorgeous snowy hillside. Pass by the attached 2 car garage and into the cozy foyer.

SEE MORE

PRICE & RENT TRENDS

Zip Code: 89703

ZipNIR Market*CityMarket2010Year20002019160k180k200k220k240k260k280k300k320k340k360k380k400kPrice in $144k400k

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

Zip Code: 89703

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
Fritsch Elementary School Primary Regular 544 32 5
Carson Middle School Middle Regular 1,061 56 NA
Carson High School High Regular 2,157 100 7

Fritsch Elementary School

  • Education Level: Primary
  • # of students: 544
  • # of teachers: 32
5
GreatSchools Rating

Carson Middle School

  • Education Level: Middle
  • # of students: 1,061
  • # of teachers: 56
NA
GreatSchools Rating

Carson High School

  • Education Level: High
  • # of students: 2,157
  • # of teachers: 100
7
GreatSchools Rating
 

$562,410$687,390$624,900

PURCHASE PRICE

$3,033$3,707$3,370

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $3,370
EXPENSES Loan Payment -$2,306
Property Tax -$343
Property Insurance -$90
Property Management Fees -$119
CASH FLOW
$512

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.

$624,900

PROJECTED PRICE

$3,370

PROJECTED RENT

0.54%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 2.50%
Appreciation Year (1-5) 8.8%
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$2.5M

PROJECTED ANNUAL CASH FLOW

11530$0.0$5.0k$10k$15k$20k$25k$30k$35k$40k

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$171,349

INVESTMENT

$171,349

Down Payment
$156,225
Rehab Estimate
$5,750
Closing Costs
$9,374

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

A 30% down payment or higher enables the proceeds from the asset to cover all costs.

$2,306

MONTHLY LOAN PAYMENT

30 yr
Term
4.25%
Interest
25.00%
Down Payment
Term 30 Years
Interest 4.25%
Down Payment $156,225
Loan Amount $468,675
See What Happens When You Reinvest Cash Flow

9.42

YEARS SAVED

$97,922

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
  • $4,020

    COMP ESTIMATED VALUE
  • $1.31

    COMP AVG. RENT PER SQFT
Comps Range
$0
1$02$4,000
$4,000
RENT COMPS ANALYSIS
  • 4398 Combs Canyon Road Carson City, NV 1
    • 3 beds 2 baths ∙ 3,069 Sqft ∙ Built 1981 3 beds 2 baths ∙ 3,069 Sqft ∙ Built 1981
    property image
    • Rent
    • Rent Per SQFT
    •  
    • $0
    • $0.00
    •  
  • 3991 County Line Carson City, NV 2
    • 3 beds 3 baths ∙ 3,058 Sqft ∙ Built 1989 3 beds 3 baths ∙ 3,058 Sqft ∙ Built 1989
    property image
    LEASED 07/12/20
    • Rent
    • Rent Per SQFT
    •  
    • $4,000
    • $1.31
    •  
PROPERTY LISTING DETAILS
Dustin Hall
Re/max Professionals
Trevor Steadman
1.866.250.5610
Mynd Property Management
1453579
Northern Nevada Regional MLS ( NNRMLS)
MLS #: 200015687
Last Updated: 11/11/2020
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