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$5,424 (target)

2959 Saddle Peak Dr, Reno, NV 89521

3 beds • 3 baths • 2679 sqft

$1,300,000

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This property looks like a bad Mid-Term investment with a projected -19.8% first-year return on $291k initial cash invested.

-19.8%

Cash On Cash

2.27%

Cap Rate

0.35

DSCR

$5,424

Rent

-$4,802

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$5,424 income − $10,226 expenses = $4,802 out of pocket

Income$5,424Out of Pocket$4,802Mortgage P&I$7,042130%Property Taxes$60811%Insurance$4558%HOA$2765%Management$65112%CapEx$2174%Vacancy$1633%Maintenance$2174%Other$59711%

Investment Breakdown

|

Purchase Price

$1300k

Downpayment

20.0%

Interest Rate

7.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$291k

Downpayment

20%

$260k

Closing costs

1%

$13,000

Rehab

0%

$0

Furnishing

1%

$18,000

Cashflow

Total Income

$5,424

Total Expenses

$10,226

Mortgage P&I

130%

$7,042

Property Taxes

11%

$608

Home Insurance

8%

$455

HOA

5%

$276

Property Management

12%

$651

CapEx

4%

$217

Vacancy

3%

$163

Maintenance

4%

$217

Other

11%

$597

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