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1405 Selmi Dr, Reno, NV 89512

1 beds • 1 baths • 550 sqft

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This property looks like a bad Long-Term investment with a projected -13.4% first-year return on $35,280 initial cash invested.

-13.4%

Cash On Cash

3.45%

Cap Rate

0.59

DSCR

$1,110

Rent

-$394

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

Financing

Purchase Price

$168k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$35,280

Downpayment

20%

$33,600

Closing costs

1%

$1,680

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,110

Total Expenses

$1,504

Mortgage P&I

74%

$821

Property Taxes

1%

$14

Home Insurance

5%

$59

HOA

29%

$320

PManagement

10%

$111

CapEx

5%

$56

Vacancy

6%

$67

Maintenance

5%

$56

Other

0%

$0

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Comparable Property

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Beds

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SQFT

Distance

1410 Selmi Dr, Reno, NV 89512

$1,150

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$1,050

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$1,145

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0.3 mi

3918 Clear Acre Ln, Apt 73, Reno, NV 89512

$1,145

1

1

665

0.8 mi

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$2,500

4

2

2380

1.3 mi

1255 S Forest Knoll St

$1,100

2

1

0.9 mi

2022 S American St

$2,850

5

4

3030

0.6 mi

1255 S Forest Knoll St

$1,100

2

1

2020

0.9 mi

2022 S American St

$2,850

5

4

3030

0.6 mi

1255 S Forest Knoll St

$1,100

2

1

2020

0.9 mi

2022 S American St

$2,850

5

4

3030

0.6 mi

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