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708 Red Jacket Drive Dayton, NV 89403

3 Beds 2 Baths 1,394 sqft Built 2002

$325,000

List Price

$1,390

$1.3K - $1.5K

Rent Est.

PROPERTY INFO

SINGLE-FAMILY
February 25, 2021 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 2002
  • Price/Sqft : $233.14
  • 6 Days on Market
  • MLS # : 210002235
  • Updated Date : 02/25/2021 at 18:46
CONSTRUCTION
  • Beds : 3
  • Floor Size : 1,394 sqft
  • Baths : 2 full
Listing Agent

Sierra Nevada Properties-frnly

Listing Agent's Description

Turn-key and ready for a quick closing! Features include: fresh paint, recent zeroscape landscaping, cozy front porch, RV parking, ceiling fans throughout, central AC, wood burning stove, large storage shed, updated fixtures, huge pantry, lots of windows providing ambient light. Reverse osmosis water system, insulated and finished garage, nice mountain views, all on a quiet well-maintained street! Easy to show!

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
 

$292,500$357,500$325,000

PURCHASE PRICE

$1,251$1,529$1,390

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $1,390
EXPENSES Loan Payment -$1,129
Property Tax -$245
Property Insurance -$56
Property Management Fees -$119
CASH FLOW
-$159

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.

$325,000

PROJECTED PRICE

$1,390

PROJECTED RENT

0.43%

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

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$91,875

INVESTMENT

$91,875

Down Payment
$81,250
Rehab Estimate
$5,750
Closing Costs
$4,875

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

A 55% down payment or higher enables the proceeds from the asset to cover all costs.

$1,129

MONTHLY LOAN PAYMENT

30 yr
Term
3.75%
Interest
25.00%
Down Payment
Term 30 Years
Interest 3.75%
Down Payment $81,250
Loan Amount $243,750
See What Happens When You Reinvest Cash Flow

2.5

YEARS SAVED

$6,121

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
  • $1,380

    COMP ESTIMATED VALUE
  • $0.99

    COMP AVG. RENT PER SQFT
Comps Range
$0
1$02$1,220
$1,220
RENT COMPS ANALYSIS
  • 708 Red Jacket Drive Dayton, NV 1
    • 3 beds 2 baths ∙ 1,394 Sqft ∙ Built 2002 3 beds 2 baths ∙ 1,394 Sqft ∙ Built 2002
    • 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
    •  
PROPERTY LISTING DETAILS
Dan Berg
Sierra Nevada Properties-frnly
Trevor Steadman
1.866.250.5610
Mynd Property Management
1453579
Northern Nevada Regional MLS ( NNRMLS)
MLS #: 210002235
Last Updated: 02/25/2021
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