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9615 Autumn Leaf Way Reno, NV 89506

3 Beds 3 Baths 2,190 sqft Built 2002

$389,900

List Price

$1,940

$1.7K - $2.1K

Rent Est.

PROPERTY INFO

January 29, 2021 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 2002
  • Price/Sqft : $178.04
  • 4 Days on Market
  • MLS # : 210001111
  • Updated Date : 01/30/2021 at 21:54
CONSTRUCTION
  • Beds : 3
  • Floor Size : 2,190 sqft
  • Baths : 2 full , 1 half
Listing Agent

Ferrari-lund Real Estate Reno

Listing Agent's Description

Well maintained Stead property for under 400k! 3 large bedrooms and a nice loft provide plenty of room to grow and play. Fully landscaped with sprinklers and drip system, large extended driveway for RV's, and a greenbelt on two sides of the house for added privacy! Don't miss this opportunity.

SEE MORE

PRICE & RENT TRENDS

Neighborhood: Sky Vista Village

NeighborhoodNIR Market*CityMarket2010Year20002019120k140k160k180k200k220k240k260k280k300k320k340kPrice in $102k347k

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

Neighborhood: Sky Vista Village

NeighborhoodNIR Market*CityMarket2015Year2009 Q42019 Q21000110012001300140015001600170018001900Rent in $9911912

* 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
O'brien Stem Academy Middle Regular 684 32 NA
North Valleys High School High Regular 2,061 96 3
O'brien Stem Academy Middle Unknown NA

O'brien Stem Academy

  • Education Level: Middle
  • # of students: 684
  • # of teachers: 32
NA
GreatSchools Rating

North Valleys High School

  • Education Level: High
  • # of students: 2,061
  • # of teachers: 96
3
GreatSchools Rating

O'brien Stem Academy

  • Education Level: Middle
  • # of students:
  • # of teachers:
NA
GreatSchools Rating
 

$350,910$428,890$389,900

PURCHASE PRICE

$1,746$2,134$1,940

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $1,940
EXPENSES Loan Payment -$1,354
Property Tax -$671
Property Insurance -$74
HOA -$90
Property Management Fees -$119
CASH FLOW
-$368

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.

$389,900

PROJECTED PRICE

$1,940

PROJECTED RENT

0.50%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 2.73%
Appreciation Year (1-5) 11.1%
Maintenance Year (1-5) 8.00%
Vacancy 4.08%
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-$8.0k-$6.0k-$4.0k-$2.0k$0.0$2.0k$4.0k$6.0k

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$109,074

INVESTMENT

$109,074

Down Payment
$97,475
Rehab Estimate
$5,750
Closing Costs
$5,849

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

A 65% down payment or higher enables the proceeds from the asset to cover all costs.

$1,354

MONTHLY LOAN PAYMENT

30 yr
Term
3.75%
Interest
25.00%
Down Payment
Term 30 Years
Interest 3.75%
Down Payment $97,475
Loan Amount $292,425
See What Happens When You Reinvest Cash Flow

0.67

YEARS SAVED

$926

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
  • $2,161

    COMP ESTIMATED VALUE
  • $0.99

    COMP AVG. RENT PER SQFT
Comps Range
$0
1$02$1,9503$2,0954$2,195
$2,195
RENT COMPS ANALYSIS
  • 9615 Autumn Leaf Way Reno, NV 1
    • 3 beds 3 baths ∙ 2,190 Sqft ∙ Built 2002 3 beds 3 baths ∙ 2,190 Sqft ∙ Built 2002
    property image
    • Rent
    • Rent Per SQFT
    •  
    • $0
    • $0.00
    •  
  • 7744 Tulear Street Reno, NV 2
    • 3 beds 3 baths ∙ 2,108 Sqft ∙ Built 2005 3 beds 3 baths ∙ 2,108 Sqft ∙ Built 2005
    property image
    LEASED 07/08/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,950
    • $0.93
    •  
  • 9617 Nautical Mile Reno, NV 3
    • 4 beds 3 baths ∙ 1,895 Sqft ∙ Built 2020 4 beds 3 baths ∙ 1,895 Sqft ∙ Built 2020
    property image
    LEASED 01/07/21
    • Rent
    • Rent Per SQFT
    •  
    • $2,095
    • $1.11
    •  
  • 14341 Durham Dr Reno, NV 4
    • 4 beds 3 baths ∙ 2,376 Sqft ∙ Built 2018 4 beds 3 baths ∙ 2,376 Sqft ∙ Built 2018
    property image
    LEASED 08/03/20
    • Rent
    • Rent Per SQFT
    •  
    • $2,195
    • $0.92
    •  
PROPERTY LISTING DETAILS
Ronald Eckroat
Ferrari-lund Real Estate Reno
Trevor Steadman
1.866.250.5610
Mynd Property Management
1453579
Northern Nevada Regional MLS ( NNRMLS)
MLS #: 210001111
Last Updated: 01/30/2021
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