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524 Sugarloaf Dayton, NV 89403

3 Beds 2 Baths 1,576 sqft Built 1995

$319,900

List Price

$1,600

$1.4K - $1.8K

Rent Est.

PROPERTY INFO

December 18, 2020 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 1995
  • Price/Sqft : $202.98
  • 3 Days on Market
  • MLS # : 200016933
  • Updated Date : 12/18/2020 at 17:57
CONSTRUCTION
  • Beds : 3
  • Floor Size : 1,576 sqft
  • Baths : 2 full
Listing Agent

Redfin

Listing Agent's Description

Lovely single story home on a spacious corner lot. This property has been well maintained and has beautiful laminate flooring throughout. It comes with a high-tech security system with multiple cameras throughout the property. The large lot has access via a back gate and includes a large concrete pad for your RV or boat. This is a fantastic opportunity, check it out today!

SEE MORE

PRICE & RENT TRENDS

Neighborhood: Sutro Heights

NeighborhoodNIR Market*CityMarket2010Year20022019120k140k160k180k200k220k240k260kPrice in $101k279k

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

Neighborhood: Sutro Heights

Neighborhood2018 Q3Year20182019 Q214001420144014601480Rent in $13931493

* 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
Sutro Elementary School Primary Regular 424 7 6
Dayton Intermediate School Middle Regular 363 11 NA
Dayton High School High Regular 670 13 4

Sutro Elementary School

  • Education Level: Primary
  • # of students: 424
  • # of teachers: 7
6
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
 

$287,910$351,890$319,900

PURCHASE PRICE

$1,440$1,760$1,600

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $1,600
EXPENSES Loan Payment -$1,180
Property Tax -$249
Property Insurance -$60
Property Management Fees -$119
CASH FLOW
-$8

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.

$319,900

PROJECTED PRICE

$1,600

PROJECTED RENT

0.50%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 2.50%
Appreciation Year (1-5) 13.7%
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

PROJECTED ANNUAL CASH FLOW

11530-$2.0k$0.0$2.0k$4.0k$6.0k$8.0k$10k$12k$14k

PROJECTED PROPERTY VALUE

30 YEAR PROJECTION

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

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$90,524

INVESTMENT

$90,524

Down Payment
$79,975
Rehab Estimate
$5,750
Closing Costs
$4,799

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

A 45% down payment or higher enables the proceeds from the asset to cover all costs.

$1,180

MONTHLY LOAN PAYMENT

30 yr
Term
4.25%
Interest
25.00%
Down Payment
Term 30 Years
Interest 4.25%
Down Payment $79,975
Loan Amount $239,925
See What Happens When You Reinvest Cash Flow

4.92

YEARS SAVED

$18,479

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
  • $1,552

    COMP ESTIMATED VALUE
  • $0.99

    COMP AVG. RENT PER SQFT
Comps Range
$0
1$02$1,2203$1,800
$1,800
RENT COMPS ANALYSIS
  • 524 Sugarloaf Dayton, NV 1
    • 3 beds 2 baths ∙ 1,576 Sqft ∙ Built 1995 3 beds 2 baths ∙ 1,576 Sqft ∙ Built 1995
    • Rent
    • Rent Per SQFT
    •  
    • $0
    • $0.00
    •  
  • 400 'b' Valley Circle #b Dayton, NV 2
    • 3 beds 3 baths ∙ 1,237 Sqft ∙ Built 2001 3 beds 3 baths ∙ 1,237 Sqft ∙ Built 2001
    LEASED 02/02/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,220
    • $0.99
    •  
  • 202 Spyglass Dayton, NV 3
    • 3 beds 2 baths ∙ 1,840 Sqft ∙ Built 1990 3 beds 2 baths ∙ 1,840 Sqft ∙ Built 1990
    LEASED 09/30/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,800
    • $0.98
    •  
PROPERTY LISTING DETAILS
Jaime Moore
Redfin
Trevor Steadman
1.866.250.5610
Mynd Property Management
1453579
Northern Nevada Regional MLS ( NNRMLS)
MLS #: 200016933
Last Updated: 12/18/2020
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