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PROPERTY INFO
FACTS
- Single Family
- Built In 1994
- Price/Sqft : $235.82
- 24 Days on Market
- MLS # : 200016960
- Updated Date : 01/07/2021 at 23:30
CONSTRUCTION
- Beds : 3
- Floor Size : 1,767 sqft
- Baths : 2 full
Listing Agent
Realty One Group Eminence
Listing Agent's Description
This Quality, fully renovated, 3 bedroom, 2 bath, 3 car garage home sits on about an acre lot ready for new family to bring their horses and toys. Enjoy the secluded & peaceful area of Silver Knolls yet near enough to freeways for quick city access and surrounding areas.
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PRICE & RENT TRENDS
Neighborhood: Silver Knolls - Red Rock
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
Neighborhood: Silver Knolls - Red Rock
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
SCHOOLS
FINANCIALS
PROJECTED BASIC MONTHLY INCOME STATEMENT
| INCOME | Rent | $1,690 |
| EXPENSES | Loan Payment | -$1,447 |
| Property Tax | -$584 | |
| Property Insurance | -$65 | |
| Property Management Fees | -$119 | |
|
CASH FLOW
-$525
|
||
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.
$416,700
PROJECTED PRICE
$1,690
PROJECTED RENT
0.41%
PROJECTED RENT / PRICE RATIO
| Expense Inflation | 2.50% |
| Rental Growth Year (1-5) | 2.70% |
| Appreciation Year (1-5) | 13.5% |
| Maintenance Year (1-5) | 8.00% |
| Vacancy | 4.04% |
| 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
$116,176
LOAN DETAILS
$1,447
MONTHLY LOAN PAYMENT
| Term | 30 Years |
| Interest | 3.75% |
| Down Payment | $104,175 |
| Loan Amount | $312,525 |
0.33
YEARS SAVED
$149
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
-
$1,879
COMP ESTIMATED VALUE -
$1.06
COMP AVG. RENT PER SQFT
Comps Range
-
8200 Osage Road Reno, NV 1
- 3 beds 2 baths ∙ 1,767 Sqft ∙ Built 1994 3 beds 2 baths ∙ 1,767 Sqft ∙ Built 1994
![property image]()
- Rent
- Rent Per SQFT
- $0
- $0.00
-
8960 Red Baron Blvd Reno, NV 2
- 3 beds 3 baths ∙ 1,528 Sqft ∙ Built 2005 3 beds 3 baths ∙ 1,528 Sqft ∙ Built 2005
![property image]()
LEASED 05/29/20- Rent
- Rent Per SQFT
- $1,600
- $1.05
-
10585 Trailmaster Reno, NV 3
- 3 beds 2 baths ∙ 1,782 Sqft ∙ Built 1985 3 beds 2 baths ∙ 1,782 Sqft ∙ Built 1985
![property image]()
LEASED 01/14/20- Rent
- Rent Per SQFT
- $1,695
- $0.95
-
10570 Trailmaster Reno, NV 4
- 3 beds 2 baths ∙ 1,772 Sqft ∙ Built 1989 3 beds 2 baths ∙ 1,772 Sqft ∙ Built 1989
![property image]()
LEASED 09/12/19- Rent
- Rent Per SQFT
- $2,100
- $1.19
PROPERTY LISTING DETAILS
Realty One Group Eminence
1.866.250.5610
Mynd Property Management
1453579
MLS #: 200016960
Last Updated: 01/07/2021
