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1364 Northview Court 
Sparks, NV
89434
4 Beds 3 Baths 1,868 sqft
Built 1984
INVESTimate
$374,900
List Price
$105,099
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PROPERTY INFO
FACTS
- Built In 1984
- Price/Sqft : $200.70
- 3 Days on Market
- MLS # : 200011654
- Updated Date : 08/24/2020 at 16:34
CONSTRUCTION
- Beds : 4
- Floor Size : 1,868 sqft
- Baths : 3 full
Listing Agent
Krch Realty
Listing Agent's Description
Nice four-bedroom, three-bath home at the end of a cul-de-sac is ready for a new owner. Features include LG convection double oven, new water heater, vinyl windows installed four years ago with transferable warranty, roof replaced in 2015, fresh interior paint, lots of storage space, wood burning fireplace, covered patio and there's room for an RV. Best of all, no HOA.
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PRICE & RENT TRENDS
Neighborhood: O'Callaghan
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
Neighborhood: O'Callaghan
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
SCHOOLS
PROJECTED ACCUMULATED WEALTH
30 YEAR PROJECTION
- Cash Flow
- Appreciation
- Principal
PROJECTED ANNUAL CASH FLOW
PROJECTED PROPERTY VALUE
30 YEAR PROJECTION
- Appreciation
- Principal
- Loan Balance
FINANCIALS
PROJECTED BASIC MONTHLY INCOME STATEMENT
| INCOME | Rent | $1,840 |
| EXPENSES | Loan Payment | -$1,383 |
| Property Tax | -$480 | |
| Property Insurance | -$67 | |
| Property Management Fees | -$119 | |
|
CASH FLOW
-$209
|
||
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.
$374,900
PROJECTED PRICE
$1,840
PROJECTED RENT
0.49%
PROJECTED RENT / PRICE RATIO
| Expense Inflation | 2.50% |
| Rental Growth Year (1-5) | 2.73% |
| Appreciation Year (1-5) | 11.97% |
| Maintenance Year (1-5) | 8.00% |
| Vacancy | 4.08% |
| Length of Stay Years | 2 |
TOTAL CASH OUT OF POCKET
INVESTMENT
$105,099
LOAN DETAILS
$1,383
MONTHLY LOAN PAYMENT
| Term | 30 Years |
| Interest | 4.25% |
| Down Payment | $93,725 |
| Loan Amount | $281,175 |
2.67
YEARS SAVED
$8,727
INTEREST SAVED
CASH FLOW REINVESTMENT
The time & interest saved by applying each month's positive cash flow towards loan principal pay down.
-
$1,840
LIST RENT -
$0.99
LIST RENT PER SQFT
-
$1,877
COMP ESTIMATED VALUE -
$1.01
COMP AVG. RENT PER SQFT
Comps Range
-
1364 Northview Court Sparks, 3
- 4 beds 3 baths ∙ 1,868 Sqft ∙ Built 1984 4 beds 3 baths ∙ 1,868 Sqft ∙ Built 1984
![property image]()
- Rent
- Rent Per SQFT
- $1,840
- $0.99
-
936 Glen Molly Sparks, 1
- 3 beds 2 baths ∙ 1,632 Sqft ∙ Built 1973 3 beds 2 baths ∙ 1,632 Sqft ∙ Built 1973
![property image]()
LEASED 03/04/19- Rent
- Rent Per SQFT
- $1,750
- $1.07
-
981 Glen Martin Sparks, 2
- 4 beds 2 baths ∙ 1,822 Sqft ∙ Built 1973 4 beds 2 baths ∙ 1,822 Sqft ∙ Built 1973
![property image]()
LEASED 10/21/19- Rent
- Rent Per SQFT
- $1,795
- $0.99
-
1096 Locomotive Court Sparks, 4
- 4 beds 2 baths ∙ 1,878 Sqft ∙ Built 1993 4 beds 2 baths ∙ 1,878 Sqft ∙ Built 1993
![property image]()
LEASED 07/27/20- Rent
- Rent Per SQFT
- $1,900
- $1.01
-
1071 Glen Meadow Dr. Sparks, 5
- 4 beds 3 baths ∙ 2,096 Sqft ∙ Built 1975 4 beds 3 baths ∙ 2,096 Sqft ∙ Built 1975
![property image]()
LEASED 08/29/19- Rent
- Rent Per SQFT
- $2,000
- $0.95
PROPERTY LISTING DETAILS
Krch Realty
1.866.250.5610
Mynd Property Management
1453579
MLS #: 200011654
Last Updated: 08/24/2020
