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4695 Hydepark Reno, NV 89502

3 Beds 3 Baths 1,724 sqft Built 1994

$465,000

List Price

$1,860

$1.7K - $2K

Rent Est.

PROPERTY INFO

SINGLE-FAMILY
March 25, 2021 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 1994
  • Price/Sqft : $269.72
  • 5 Days on Market
  • MLS # : 210003786
  • Updated Date : 03/25/2021 at 15:59
CONSTRUCTION
  • Beds : 3
  • Floor Size : 1,724 sqft
  • Baths : 2 full , 1 half
Listing Agent

Redfin

Listing Agent's Description

Beautiful Rosewood Lakes Home in Cul-de-sac. Walk into this very popular open floor plan with vaulted ceilings and beautiful hardwood flooring. Bright and airy kitchen opens to family room with a gas log fireplace and breakfast nook. Additional storage in kitchen with extended cabinets. Quite mature neighborhood close to shopping and the center of town. Tile roof and spacious backyard.

SEE MORE

PRICE & RENT TRENDS

Neighborhood: Rosewood Lakes

NeighborhoodNIR Market*CityMarket2010Year20002019160k180k200k220k240k260k280k300k320k340k360kPrice in $142k380k

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

Neighborhood: Rosewood Lakes

NeighborhoodNIR Market*CityMarket2015Year2009 Q42019 Q2120013001400150016001700180019002000Rent in $11082063

* 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
Vaughn Middle School Middle Regular 650 37 NA
Wooster High School High Magnet 1,734 84 6
Pine Middle School Middle Unknown NA

Vaughn Middle School

  • Education Level: Middle
  • # of students: 650
  • # of teachers: 37
NA
GreatSchools Rating

Wooster High School

  • Education Level: High
  • # of students: 1,734
  • # of teachers: 84
6
GreatSchools Rating

Pine Middle School

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

$418,500$511,500$465,000

PURCHASE PRICE

$1,674$2,046$1,860

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $1,860
EXPENSES Loan Payment -$1,615
Property Tax -$618
Property Insurance -$64
HOA -$45
Property Management Fees -$119
CASH FLOW
-$601

This is the estimated cash flow generated during a typical maintenance-free month. It is recommended that investors set aside 12% of earned rent to cover both maintenance and periods of vacancy.

$465,000

PROJECTED PRICE

$1,860

PROJECTED RENT

0.40%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 2.70%
Appreciation Year (1-5) 13.4%
Maintenance Year (1-5) 8.00%
Vacancy 4.04%
Length of Stay Years 2

PROJECTED ACCUMULATED WEALTH

30 YEAR PROJECTION

  • Cash Flow
  • Appreciation
  • Principal
11530$0.0$200k$400k$600k$800k$1.0M$1.2M$1.4M$1.6M$1.8M

PROJECTED ANNUAL CASH FLOW

11530-$12k-$10k-$8.0k-$6.0k-$4.0k-$2.0k$0.0$2.0k$4.0k

PROJECTED PROPERTY VALUE

30 YEAR PROJECTION

  • Appreciation
  • Principal
  • Loan Balance
11530$0.0$200k$400k$600k$800k$1.0M$1.2M$1.4M$1.6M$1.8M

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$128,975

INVESTMENT

$128,975

Down Payment
$116,250
Rehab Estimate
$5,750
Closing Costs
$6,975

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

A 70% down payment or higher enables the proceeds from the asset to cover all costs.

$1,615

MONTHLY LOAN PAYMENT

30 yr
Term
3.75%
Interest
25.00%
Down Payment
Term 30 Years
Interest 3.75%
Down Payment $116,250
Loan Amount $348,750
See What Happens When You Reinvest Cash Flow

0.25

YEARS SAVED

$107

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
  • $1,977

    COMP ESTIMATED VALUE
  • $1.15

    COMP AVG. RENT PER SQFT
Comps Range
$0
1$02$1,6003$1,6954$1,895
$1,895
RENT COMPS ANALYSIS
  • 4695 Hydepark Reno, NV 1
    • 3 beds 3 baths ∙ 1,724 Sqft ∙ Built 1994 3 beds 3 baths ∙ 1,724 Sqft ∙ Built 1994
    • Rent
    • Rent Per SQFT
    •  
    • $0
    • $0.00
    •  
  • 2796 Randolph Reno, NV 2
    • 3 beds 3 baths ∙ 1,412 Sqft ∙ Built 1985 3 beds 3 baths ∙ 1,412 Sqft ∙ Built 1985
    LEASED 03/06/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,600
    • $1.13
    •  
  • 3505 Heron's Circle Reno, NV 3
    • 3 beds 3 baths ∙ 1,435 Sqft ∙ Built 1998 3 beds 3 baths ∙ 1,435 Sqft ∙ Built 1998
    LEASED 10/07/19
    • Rent
    • Rent Per SQFT
    •  
    • $1,695
    • $1.18
    •  
  • 3930 Amador Way Reno, NV 4
    • 4 beds 2 baths ∙ 1,672 Sqft ∙ Built 1975 4 beds 2 baths ∙ 1,672 Sqft ∙ Built 1975
    LEASED 01/19/21
    • Rent
    • Rent Per SQFT
    •  
    • $1,895
    • $1.13
    •  
PROPERTY LISTING DETAILS
Sarah Russell
Redfin
Trevor Steadman
1.866.250.5610
Mynd Property Management
1453579
Northern Nevada Regional MLS ( NNRMLS)
MLS #: 210003786
Last Updated: 03/25/2021
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