Work with a dedicated Real Estate Advisor who will take your financial preferences and help you select and acquire properties that fit your criteria. Learn more

12 Isleworth Drive Henderson, NV 89052

4 Beds 4 Baths 3,952 sqft Built 2000

$1,299,000

List Price

$3,830

$3.6K - $4.1K

Rent Est.

PROPERTY INFO

December 03, 2020 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 2000
  • Price/Sqft : $328.69
  • 5 Days on Market
  • MLS # : 2251646
  • Updated Date : 12/03/2020 at 14:16
CONSTRUCTION
  • Beds : 4
  • Floor Size : 3,952 sqft
  • Baths : 3 full , 1 half
Listing Agent

The Baird Group, Llc

Listing Agent's Description

DESIRED CANTATA MODEL NESTLED IN THE FINEST GUARD GATED GOLF COMMUNITY OF ANTHEM COUNTRY CLUB. THIS SPRAWLING SINGLE-STORY HOME WELCOMES YOU WITH A PRIVATE RELAXING COURTYARD, STUNNING DARK HARDWOOD FLOORS, VAULTED CEILINGS. ENTERTAINERS DELIGHT KITCHEN OFFERING GORGEOUS WHITE CABINETRY WITH PEEKABOO GLASS FRONTS, DELUXE STAINLESS STEEL APPLIANCES, GRANITE COUNTERS, BREAKFAST BAR, DOUBLE OVENS, WET BAR/REFRESHMENT STATION W/ICEMAKER & WINE REFRIGERATOR, SKYLIGHTS & LARGE WALK-IN PANTRY -HALO WHOLE HOUSE WATER FILTRATION. PICTURESQUE WINDOWS THROUGHOUT THE HOME BEAMING WITH BEAUTIFUL NATURAL LIGHT. OFFICE/GYM W/ FRENCH DOORS. THE MASTER BEDROOM IS SEPARATED FROM OTHERS WITH AN OPEN SITTING AREA -PLUSH CARPET, LARGE WALK-IN CLOSET. ADDITIONAL BEDROOMS HAVE THEIR OWN FULL BATH & CUSTOM CLOSETS. BACKYARD RETREAT- INVITING SOLAR HEATED POOL & SPA, LUXURIANT LANDSCAPE, NATURAL SLIVER FLECKED FLAGSTONE, COVERED PATIO BUILT-IN BBQ, MAJESTIC MOUNTAIN VIEWS. OVERLOOKING GOLF COURSE (T BOX 12)

SEE MORE

MARKET HIGHLIGHTS

  • As the largest share, Las Vegas metro contributes to 75.1% of Nevada state's economy i.e. Gross State Product (USMayors.org, 2018)
  • 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)

PRICE & RENT TRENDS

Neighborhood: Anthem

NeighborhoodNIR Market*CityMarket2010Year20002019150k200k250k300k350k400k450k500k550k600kPrice in $123k608k

* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR

Neighborhood: Anthem

NeighborhoodNIR Market*CityMarket2010Year20002019 Q212001400160018002000220024002600Rent in $10802696

* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR

SCHOOLS

NAME EDUCATIONAL LEVEL SCHOOL TYPE # OF STUDENTS # OF TEACHERS GREATSCHOOLS RATING
Elise L. Wolff Elementary School Primary Regular 935 46 10
Del E Webb Middle School Middle Regular 1,863 74 NA
Coronado High School High Regular 3,240 124 10

Elise L. Wolff Elementary School

  • Education Level: Primary
  • # of students: 935
  • # of teachers: 46
10
GreatSchools Rating

Del E Webb Middle School

  • Education Level: Middle
  • # of students: 1,863
  • # of teachers: 74
NA
GreatSchools Rating

Coronado High School

  • Education Level: High
  • # of students: 3,240
  • # of teachers: 124
10
GreatSchools Rating
 

$1,169,100$1,428,900$1,299,000

PURCHASE PRICE

$3,447$4,213$3,830

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $3,830
EXPENSES Loan Payment -$4,793
Property Tax -$794
Property Insurance -$104
Property Management Fees -$119
CASH FLOW
-$1,980

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.

$1,299,000

PROJECTED PRICE

$3,830

PROJECTED RENT

0.29%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 4.05%
Appreciation Year (1-5) 4.7%
Maintenance Year (1-5) 8.00%
Vacancy 7.57%
Length of Stay Years 2

PROJECTED ACCUMULATED WEALTH

30 YEAR PROJECTION

  • Cash Flow
  • Appreciation
  • Principal
11530$0.0$500k$1.0M$1.5M$2.0M$2.5M$3.0M$3.5M

PROJECTED ANNUAL CASH FLOW

11530-$30k-$20k-$10k$0.0$10k$20k

PROJECTED PROPERTY VALUE

30 YEAR PROJECTION

  • Appreciation
  • Principal
  • Loan Balance
11530$0.0$500k$1.0M$1.5M$2.0M$2.5M$3.0M$3.5M

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$349,985

INVESTMENT

$349,985

Down Payment
$324,750
Rehab Estimate
$5,750
Closing Costs
$19,485

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

A 70% down payment or higher enables the proceeds from the asset to cover all costs.

$4,793

MONTHLY LOAN PAYMENT

30 yr
Term
4.25%
Interest
25.00%
Down Payment
Term 30 Years
Interest 4.25%
Down Payment $324,750
Loan Amount $974,250
See What Happens When You Reinvest Cash Flow

0.25

YEARS SAVED

$259

INTEREST SAVED

CASH FLOW REINVESTMENT

The time & interest saved by applying each month's positive cash flow towards loan principal pay down.

  • $3,830

    LIST RENT
  • $0.97

    LIST RENT PER SQFT
  • $3,833

    COMP ESTIMATED VALUE
  • $0.97

    COMP AVG. RENT PER SQFT
Comps Range
$3,200
1$3,2002$3,5003$3,8304$3,8955$4,200
$4,200
RENT COMPS ANALYSIS
  • 12 Isleworth Drive Henderson, NV 3
    • 4 beds 4 baths ∙ 3,952 Sqft ∙ Built 2000 4 beds 4 baths ∙ 3,952 Sqft ∙ Built 2000
    • Rent
    • Rent Per SQFT
    •  
    • $3,830
    • $0.97
    •  
  • 1327 Coulisse Street Henderson, NV 1
    • 5 beds 4 baths ∙ 3,656 Sqft ∙ Built 2002 5 beds 4 baths ∙ 3,656 Sqft ∙ Built 2002
    LEASED 11/22/19
    • Rent
    • Rent Per SQFT
    •  
    • $3,200
    • $0.88
    •  
  • 23 Plum Hollow Drive Henderson, NV 2
    • 4 beds 3 baths ∙ 3,693 Sqft ∙ Built 2000 4 beds 3 baths ∙ 3,693 Sqft ∙ Built 2000
    LEASED 09/14/19
    • Rent
    • Rent Per SQFT
    •  
    • $3,500
    • $0.95
    •  
  • 7 Contra Costa Place Henderson, NV 4
    • 4 beds 4 baths ∙ 3,848 Sqft ∙ Built 2003 4 beds 4 baths ∙ 3,848 Sqft ∙ Built 2003
    LEASED 05/27/20
    • Rent
    • Rent Per SQFT
    •  
    • $3,895
    • $1.01
    •  
  • 16 Contra Costa Place Henderson, NV 5
    • 4 beds 3 baths ∙ 4,040 Sqft ∙ Built 2002 4 beds 3 baths ∙ 4,040 Sqft ∙ Built 2002
    LEASED 05/22/20
    • Rent
    • Rent Per SQFT
    •  
    • $4,200
    • $1.04
    •  
PROPERTY LISTING DETAILS
Guriann Digerose
1.702.348.4891
The Baird Group, Llc
Gabriela Lara
1.866.250.5610
Mynd Property Management
1453579
Greater Las Vegas Association of Realtors ( GLVAR)
MLS #: 2251646
Last Updated: 12/03/2020
BESbswy