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11745 Golden Moments Avenue 
Las Vegas, NV
89138
3 Beds 3 Baths 2,496 sqft
Built 2003
INVESTimate
$519,995
List Price
$143,549
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PROPERTY INFO
FACTS
- Built In 2003
- Price/Sqft : $208.33
- 2 Days on Market
- MLS # : 2224883
- Updated Date : 08/25/2020 at 20:00
CONSTRUCTION
- Beds : 3
- Floor Size : 2,496 sqft
- Baths : 2 full , 1 half
Listing Agent
Monopoly Realty & Mgmt Inc
Listing Agent's Description
GORGEOUS home with AMAZING VIEWS located in highly sought after Canterra @ The Vistas in the HEART of Summerlin! Home features great curb appeal with extended driveway and covered front entryway! BRIGHT & AIRY floor-plan featuring formal dining with dramatic vaulted tray ceiling, shutters, & chandelier. LARGE kitchen/family room area with custom media niche & surround sound. Kitchen features granite counters, island, tile back-splash, double ovens, SS refrigerator, & pantry! Low maintenance backyard GREAT for ENTERTAINING with NO rear neighbors, NEW insulated Allumawood covered patio, NEW paver-stones & NEW synthetic grass! LARGE master with balcony featuring CITY & MOUNTAIN VIEWS! Master bath with roman tub, separate shower, & walk-in closet! Good size secondary bedrooms with ceiling fans & mirrored closet doors. Laundry room upstairs with upgraded front loading washer & dryer. Over-sized 2.5 car garage with extra space! Truly a GREAT home with too many upgrades to list! MUST SEE!
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: The Vistas
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
Neighborhood: The Vistas
* 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 | $2,460 |
| EXPENSES | Loan Payment | -$1,919 |
| Property Tax | -$353 | |
| Property Insurance | -$76 | |
| HOA | -$48 | |
| Property Management Fees | -$119 | |
|
CASH FLOW
-$54
|
||
This is the estimated cash flow generated during a typical maintenance-free month. It is recommended that investors set aside 16% of earned rent to cover both maintenance and periods of vacancy.
$519,995
PROJECTED PRICE
$2,460
PROJECTED RENT
0.47%
PROJECTED RENT / PRICE RATIO
| Expense Inflation | 2.50% |
| Rental Growth Year (1-5) | 4.05% |
| Appreciation Year (1-5) | 6.89% |
| Maintenance Year (1-5) | 8.00% |
| Vacancy | 7.57% |
| Length of Stay Years | 2 |
TOTAL CASH OUT OF POCKET
INVESTMENT
$143,549
LOAN DETAILS
$1,919
MONTHLY LOAN PAYMENT
| Term | 30 Years |
| Interest | 4.25% |
| Down Payment | $129,999 |
| Loan Amount | $389,996 |
5.42
YEARS SAVED
$35,717
INTEREST SAVED
CASH FLOW REINVESTMENT
The time & interest saved by applying each month's positive cash flow towards loan principal pay down.
-
$2,460
LIST RENT -
$0.99
LIST RENT PER SQFT
-
$2,702
COMP ESTIMATED VALUE -
$1.08
COMP AVG. RENT PER SQFT
Comps Range
-
11745 Golden Moments Avenue Las Vegas, NV 2
- 3 beds 3 baths ∙ 2,496 Sqft ∙ Built 2003 3 beds 3 baths ∙ 2,496 Sqft ∙ Built 2003
![property image]()
- Rent
- Rent Per SQFT
- $2,460
- $0.99
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512 Los Dolces Street Las Vegas, NV 1
- 4 beds 3 baths ∙ 2,548 Sqft ∙ Built 2006 4 beds 3 baths ∙ 2,548 Sqft ∙ Built 2006
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LEASED 11/01/19- Rent
- Rent Per SQFT
- $2,400
- $0.94
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519 Las Ocas Court Las Vegas, NV 3
- 4 beds 3 baths ∙ 2,548 Sqft ∙ Built 2006 4 beds 3 baths ∙ 2,548 Sqft ∙ Built 2006
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LEASED 03/09/20- Rent
- Rent Per SQFT
- $2,595
- $1.02
-
549 El Loro Street Las Vegas, NV 4
- 4 beds 3 baths ∙ 2,461 Sqft ∙ Built 2005 4 beds 3 baths ∙ 2,461 Sqft ∙ Built 2005
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LEASED 10/25/19- Rent
- Rent Per SQFT
- $2,800
- $1.14
-
11727 Puerto Banus Avenue Las Vegas, NV 5
- 4 beds 3 baths ∙ 2,680 Sqft ∙ Built 2006 4 beds 3 baths ∙ 2,680 Sqft ∙ Built 2006
![property image]()
LEASED 09/01/19- Rent
- Rent Per SQFT
- $3,300
- $1.23
PROPERTY LISTING DETAILS
1.702.375.8978
Monopoly Realty & Mgmt Inc
1.866.250.5610
Mynd Property Management
1453579
MLS #: 2224883
Last Updated: 08/25/2020
