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4829 Lincoln Ct. Carson City, NV 89706

3 Beds 3 Baths 1,605 sqft Built 1986

$415,000

List Price

$1,900

$1.7K - $2.1K

Rent Est.

PROPERTY INFO

January 23, 2021 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 1986
  • Price/Sqft : $258.57
  • 2 Days on Market
  • MLS # : 210000874
  • Updated Date : 01/23/2021 at 19:07
CONSTRUCTION
  • Beds : 3
  • Floor Size : 1,605 sqft
  • Baths : 2 full , 1 half
Listing Agent

Rcm Realty Group

Listing Agent's Description

Shenandoah Heights 1600+ SF home in a cul-de-sac. 3 generously sized bedrooms, all upstairs. 2.5 baths, 3 car garage, large deck, fireplace. Seller does require a short term rent back. Photos coming soon!

SEE MORE

PRICE & RENT TRENDS

Zip Code: 89706

ZipNIR Market*CityMarket2010Year20002019140k160k180k200k220k240k260k280k300kPrice in $128k312k

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

Zip Code: 89706

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
 

$373,500$456,500$415,000

PURCHASE PRICE

$1,710$2,090$1,900

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $1,900
EXPENSES Loan Payment -$1,441
Property Tax -$200
Property Insurance -$60
HOA -$190
Property Management Fees -$119
CASH FLOW
-$110

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.

$415,000

PROJECTED PRICE

$1,900

PROJECTED RENT

0.46%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 2.50%
Appreciation Year (1-5) 11.3%
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$200k$400k$600k$800k$1.0M$1.2M$1.4M$1.6M

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$200k$400k$600k$800k$1.0M$1.2M$1.4M

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$115,725

INVESTMENT

$115,725

Down Payment
$103,750
Rehab Estimate
$5,750
Closing Costs
$6,225

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

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

$1,441

MONTHLY LOAN PAYMENT

30 yr
Term
3.75%
Interest
25.00%
Down Payment
Term 30 Years
Interest 3.75%
Down Payment $103,750
Loan Amount $311,250
See What Happens When You Reinvest Cash Flow

3.42

YEARS SAVED

$11,857

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
  • $1,870

    COMP ESTIMATED VALUE
  • $1.17

    COMP AVG. RENT PER SQFT
Comps Range
$0
1$02$1,8003$1,900
$1,900
RENT COMPS ANALYSIS
  • 4829 Lincoln Ct. Carson City, NV 1
    • 3 beds 3 baths ∙ 1,605 Sqft ∙ Built 1986 3 beds 3 baths ∙ 1,605 Sqft ∙ Built 1986
    property image
    • Rent
    • Rent Per SQFT
    •  
    • $0
    • $0.00
    •  
  • 2496 Chardonnay Carson City, NV 2
    • 3 beds 2 baths ∙ 1,480 Sqft ∙ Built 1997 3 beds 2 baths ∙ 1,480 Sqft ∙ Built 1997
    property image
    LEASED 04/28/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,800
    • $1.22
    •  
  • 3511 Imperial Carson City, NV 3
    • 3 beds 2 baths ∙ 1,709 Sqft ∙ Built 1975 3 beds 2 baths ∙ 1,709 Sqft ∙ Built 1975
    property image
    LEASED 01/17/21
    • Rent
    • Rent Per SQFT
    •  
    • $1,900
    • $1.11
    •  
PROPERTY LISTING DETAILS
Heidi Mcfadden
Rcm Realty Group
Trevor Steadman
1.866.250.5610
Mynd Property Management
1453579
Northern Nevada Regional MLS ( NNRMLS)
MLS #: 210000874
Last Updated: 01/23/2021
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