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PROPERTY INFO
FACTS
- Single Family
- Built In 1965
- Price/Sqft : $234.64
- 4 Days on Market
- MLS # : 200017324
- Updated Date : 01/01/2021 at 03:39
CONSTRUCTION
- Beds : 4
- Floor Size : 1,406 sqft
- Baths : 2 full
Listing Agent
Reno/tahoe Realty Group, Llc
Listing Agent's Description
Four bed, two bath home with ample living space! Large living room leads to a nice patio partially covered. A great layout as well - the four bedrooms off to one side! Come see what has the potential to be your home!
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PRICE & RENT TRENDS
Neighborhood: Rosepark
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
Neighborhood: Rosepark
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
SCHOOLS
FINANCIALS
PROJECTED BASIC MONTHLY INCOME STATEMENT
| INCOME | Rent | $1,700 |
| EXPENSES | Loan Payment | -$1,217 |
| Property Tax | -$281 | |
| Property Insurance | -$57 | |
| Property Management Fees | -$119 | |
|
CASH FLOW
$26
|
||
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.
$329,900
PROJECTED PRICE
$1,700
PROJECTED RENT
0.52%
PROJECTED RENT / PRICE RATIO
| Expense Inflation | 2.50% |
| Rental Growth Year (1-5) | 2.73% |
| Appreciation Year (1-5) | 13.3% |
| Maintenance Year (1-5) | 8.00% |
| Vacancy | 4.08% |
| Length of Stay Years | 2 |
PROJECTED ACCUMULATED WEALTH
30 YEAR PROJECTION
- Cash Flow
- Appreciation
- Principal
PROJECTED ANNUAL CASH FLOW
PROJECTED PROPERTY VALUE
30 YEAR PROJECTION
- Appreciation
- Principal
- Loan Balance
TOTAL CASH OUT OF POCKET
INVESTMENT
$93,174
LOAN DETAILS
$1,217
MONTHLY LOAN PAYMENT
| Term | 30 Years |
| Interest | 4.25% |
| Down Payment | $82,475 |
| Loan Amount | $247,425 |
6.08
YEARS SAVED
$26,493
INTEREST SAVED
CASH FLOW REINVESTMENT
The time & interest saved by applying each month's positive cash flow towards loan principal pay down.
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$0
LIST RENT -
$0
LIST RENT PER SQFT
-
$1,663
COMP ESTIMATED VALUE -
$1.18
COMP AVG. RENT PER SQFT
Comps Range
-
655 Lyyski St Sparks, NV 1
- 4 beds 2 baths ∙ 1,406 Sqft ∙ Built 1965 4 beds 2 baths ∙ 1,406 Sqft ∙ Built 1965
![property image]()
- Rent
- Rent Per SQFT
- $0
- $0.00
-
296 E Quail Street Sparks, NV 2
- 4 beds 2 baths ∙ 1,400 Sqft ∙ Built 1972 4 beds 2 baths ∙ 1,400 Sqft ∙ Built 1972
![property image]()
LEASED 08/14/19- Rent
- Rent Per SQFT
- $1,650
- $1.18
-
1862 Espee Ct. Sparks, NV 3
- 3 beds 3 baths ∙ 1,454 Sqft ∙ Built 1985 3 beds 3 baths ∙ 1,454 Sqft ∙ Built 1985
![property image]()
LEASED 12/09/19- Rent
- Rent Per SQFT
- $1,695
- $1.17
-
3139 Saltern Way Sparks, NV 4
- 3 beds 2 baths ∙ 1,435 Sqft ∙ Built 1974 3 beds 2 baths ∙ 1,435 Sqft ∙ Built 1974
![property image]()
LEASED 10/25/20- Rent
- Rent Per SQFT
- $1,695
- $1.18
-
1128 La Via Way Sparks, NV 5
- 3 beds 2 baths ∙ 1,415 Sqft ∙ Built 1973 3 beds 2 baths ∙ 1,415 Sqft ∙ Built 1973
![property image]()
LEASED 04/18/20- Rent
- Rent Per SQFT
- $1,700
- $1.20
PROPERTY LISTING DETAILS
Reno/tahoe Realty Group, Llc
1.866.250.5610
Mynd Property Management
1453579
MLS #: 200017324
Last Updated: 01/01/2021
