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105 Maple Street 
Henderson, NV
89015
4 Beds 3 Baths 1,945 sqft
Built 1970
INVESTimate
$289,900
List Price
$82,574
REQUEST INFO
SCHEDULE APPOINTMENT
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PROPERTY INFO
FACTS
- Built In 1970
- Price/Sqft : $149.05
- 7 Days on Market
- MLS # : 2223034
- Updated Date : 08/25/2020 at 12:19
CONSTRUCTION
- Beds : 4
- Floor Size : 1,945 sqft
- Baths : 3 full
Listing Agent
Bhhs Nevada Properties
Listing Agent's Description
Hidden Gem in the Heart of Henderson! Single Story with 4 Bed, 3 Full Baths and Den. This home has a Master Bedroom that is separate from others, a 2nd master with its own full bath and a den off living room that can be converted into a 5th bedroom. Every bedroom has ceiling fans and lighted closets. All new plank style tile flooring and fresh new paint throughout home! Beautiful Antique Wood Burning Fireplace. Expansive family room, separate laundry room with storage room full of shelves make this the ideal home perfect for families. Backyard has fruit trees and plants, covered patio, additional storage and newly installed fencing. NO HOA! Near Target Shopping Center, Water Street District, Lake Las Vegas, Lake Mead and easy access to 215/515 Freeways. Seller is offering credit towards front landscaping of your choice! Photos to come but don't miss out on seeing this one! Make an appointment today! Virtual appointments available.
SEE MORE
- Las Vegas metro has 61.2% labor force participation rate (USMayors.org, 2018)
- Las Vegas metro's employment growth was at 2.6% in 2018 and predicted to grow at the rate of 1.7% in 2019 (USMayors.org, 2018)
- A $7.5 billion mixed-use 6-year project known as Bleutech Park Las Vegas is starting in December 2019. The project will incorporate environmental and technological features such as water purification, on-site waste treatment and localized air cleaning. Described as an “insular mini-city,” the plan calls for use of autonomous vehicles, AI, augmented reality, robotics and other advanced technologies. (reBusinessOnline - France Media, 2019)
- Las Vegas metro's major employers include: MGM Resorts International, Caesars Entertainment Corporation, Stations Casinos, LLC., Wynn Resorts, Boyd Gaming Corporation, Las Vegas Sands Corporation, Walmart Stores, Cosmopolitan of Las Vegas, The Valley Health System and Supervalu (Las Vegas Sun, 2019)
- Las Vegas metro's economy was worth $124.9 billion in Gross Metro Product in 2018 and projected to grow to $133.2 billion in 2019 (USMayors.org, 2018)
- As the largest share, Las Vegas metro contributes to 75.1% of Nevada state's economy i.e. Gross State Product (USMayors.org, 2018)
PRICE & RENT TRENDS
Neighborhood: Valley View
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
Neighborhood: Valley View
* 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 | $1,440 |
| EXPENSES | Loan Payment | -$1,070 |
| Property Tax | -$113 | |
| Property Insurance | -$65 | |
| Property Management Fees | -$119 | |
|
CASH FLOW
$74
|
||
This is the estimated cash flow generated during a typical maintenance-free month. It is recommended that investors set aside 17% of earned rent to cover both maintenance and periods of vacancy.
$289,900
PROJECTED PRICE
$1,440
PROJECTED RENT
0.50%
PROJECTED RENT / PRICE RATIO
| Expense Inflation | 2.50% |
| Rental Growth Year (1-5) | 3.75% |
| Appreciation Year (1-5) | 11.27% |
| Maintenance Year (1-5) | 8.00% |
| Vacancy | 8.50% |
| Length of Stay Years | 2 |
TOTAL CASH OUT OF POCKET
INVESTMENT
$82,574
LOAN DETAILS
$1,070
MONTHLY LOAN PAYMENT
| Term | 30 Years |
| Interest | 4.25% |
| Down Payment | $72,475 |
| Loan Amount | $217,425 |
7
YEARS SAVED
$28,796
INTEREST SAVED
CASH FLOW REINVESTMENT
The time & interest saved by applying each month's positive cash flow towards loan principal pay down.
-
$1,440
LIST RENT -
$0.74
LIST RENT PER SQFT
-
$1,459
COMP ESTIMATED VALUE -
$0.75
COMP AVG. RENT PER SQFT
Comps Range
-
105 Maple Street Henderson, NV 2
- 4 beds 4 baths ∙ 1,945 Sqft ∙ Built 1970 4 beds 4 baths ∙ 1,945 Sqft ∙ Built 1970
- Rent
- Rent Per SQFT
- $1,440
- $0.74
-
561 Karen Way Henderson, NV 1
- 3 beds 2 baths ∙ 1,900 Sqft ∙ Built 1953 3 beds 2 baths ∙ 1,900 Sqft ∙ Built 1953
LEASED 10/01/19- Rent
- Rent Per SQFT
- $1,400
- $0.74
-
125 Ivy Street Henderson, NV 3
- 4 beds 2 baths ∙ 1,928 Sqft ∙ Built 1960 4 beds 2 baths ∙ 1,928 Sqft ∙ Built 1960
LEASED 10/03/19- Rent
- Rent Per SQFT
- $1,450
- $0.75
-
67 Constitution Avenue Henderson, NV 4
- 5 beds 2 baths ∙ 2,247 Sqft ∙ Built 1965 5 beds 2 baths ∙ 2,247 Sqft ∙ Built 1965
LEASED 12/31/19- Rent
- Rent Per SQFT
- $1,600
- $0.71
-
825 Schooner Drive Henderson, NV 5
- 4 beds 3 baths ∙ 2,001 Sqft ∙ Built 1989 4 beds 3 baths ∙ 2,001 Sqft ∙ Built 1989
LEASED 08/14/20- Rent
- Rent Per SQFT
- $1,600
- $0.80
PROPERTY LISTING DETAILS
1.702.664.5099
Bhhs Nevada Properties
1.866.250.5610
Mynd Property Management
1453579
MLS #: 2223034
Last Updated: 08/25/2020
