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1634 Sebring Hills Drive Henderson, NV 89052

2 Beds 2 Baths 1,699 sqft Built 2001

$396,999

List Price

$1,640

$1.5K - $1.8K

Rent Est.

PROPERTY INFO

November 11, 2020 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 2001
  • Price/Sqft : $233.67
  • 6 Days on Market
  • MLS # : 2244115
  • Updated Date : 11/13/2020 at 12:15
CONSTRUCTION
  • Beds : 2
  • Floor Size : 1,699 sqft
  • Baths : 2 full
Listing Agent

Elite Realty

Listing Agent's Description

MUST SEE THIS GORGEOUS PATRIOT MODEL IN SUN CITY ANTHEM (55+COMMUNITY). HOME SITS ON NEARLY A 1/4 ACRE LOT. THIS SPRAWLING 1,699 SQFT ONE STORY HOME FEATURES: 2 BEDS, 2 BATHS + DEN, 2.5 GARAGE • INVITING OPEN FLOORPLAN • WHITE PLANTATION SHUTTERS • BUILT-IN ENTERTAINMENT CENTER WITH BOOKCASES • SUNNY KITCHEN WITH SKYLIGHT, LOVELY KITCHEN NOOK AND ISLAND • DEN OFF THE GREAT ROOM • LAMINATE WOOD FLOORS AND TILE FLOORS THROUGOUT HOME • RING DOOR BELL SYSTEM INSTALLED • R|O SYSTEM • ALL WINDOWS HAVE SECURITY SAFETY FILM • FABULOUS LARGE GATED COURTYARD WITH BEAUTIFUL TREES • GREAT CURB APPEAL • EPOXY FLOORING IN GARAGE • HUGE PRIVATE PARKLIKE/ZEN BACKYARD WITH POND JUST WAITING FOR KOI FISHES, CITRUS (ORANGE & LEMON) TREES, ROSEMARY SHRUBS, LARGE COVERED PATIO • AND MUCH MORE...YOUR BUYERS WILL NOT BE DISAPPOINTED! HOME IS CENTERALLY LOCATED TO SHOPPING, RAIDERS PRACTICE CENTER, STRIP AND FREEWAY.

SEE MORE

MARKET HIGHLIGHTS

  • 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)
  • 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)

PRICE & RENT TRENDS

Neighborhood: Sun City Anthem

NeighborhoodNIR Market*CityMarket2010Year20002019140k160k180k200k220k240k260k280k300k320k340k360k380kPrice in $123k397k

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

Neighborhood: Sun City Anthem

NeighborhoodNIR Market*CityMarket2010Year20002019 Q21100120013001400150016001700180019002000Rent in $10802028

* 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
Shirley And Bill Wallin Elementary School Primary Regular 1,067 51 10
Del E Webb Middle School Middle Regular 1,863 74 NA
Liberty High School High Regular 2,496 105 5

Shirley And Bill Wallin Elementary School

  • Education Level: Primary
  • # of students: 1,067
  • # of teachers: 51
10
GreatSchools Rating

Del E Webb Middle School

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

Liberty High School

  • Education Level: High
  • # of students: 2,496
  • # of teachers: 105
5
GreatSchools Rating
 

$357,299$436,699$396,999

PURCHASE PRICE

$1,476$1,804$1,640

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $1,640
EXPENSES Loan Payment -$1,465
Property Tax -$246
Property Insurance -$60
Property Management Fees -$119
CASH FLOW
-$250

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.

$396,999

PROJECTED PRICE

$1,640

PROJECTED RENT

0.41%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 4.05%
Appreciation Year (1-5) 5.1%
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$200k$400k$600k$800k$1.0M

PROJECTED ANNUAL CASH FLOW

11530-$5.0k$0.0$5.0k$10k$15k

PROJECTED PROPERTY VALUE

30 YEAR PROJECTION

  • Appreciation
  • Principal
  • Loan Balance
11530$0.0$200k$400k$600k$800k$1.0M

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$110,955

INVESTMENT

$110,955

Down Payment
$99,250
Rehab Estimate
$5,750
Closing Costs
$5,955

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

A 55% down payment or higher enables the proceeds from the asset to cover all costs.

$1,465

MONTHLY LOAN PAYMENT

30 yr
Term
4.25%
Interest
25.00%
Down Payment
Term 30 Years
Interest 4.25%
Down Payment $99,250
Loan Amount $297,749
See What Happens When You Reinvest Cash Flow

3

YEARS SAVED

$10,951

INTEREST SAVED

CASH FLOW REINVESTMENT

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

  • $1,640

    LIST RENT
  • $0.97

    LIST RENT PER SQFT
  • $1,758

    COMP ESTIMATED VALUE
  • $1.04

    COMP AVG. RENT PER SQFT
Comps Range
$1,640
1$1,6402$1,6503$1,6754$1,7005$1,900
$1,900
RENT COMPS ANALYSIS
  • 1634 Sebring Hills Drive Henderson, NV 1
    • 2 beds 2 baths ∙ 1,699 Sqft ∙ Built 2001 2 beds 2 baths ∙ 1,699 Sqft ∙ Built 2001
    property image
    • Rent
    • Rent Per SQFT
    •  
    • $1,640
    • $0.97
    •  
  • 3013 Hartsville Road #0 Henderson, NV 2
    • 2 beds 2 baths ∙ 1,632 Sqft ∙ Built 2003 2 beds 2 baths ∙ 1,632 Sqft ∙ Built 2003
    property image
    LEASED 04/01/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,650
    • $1.01
    •  
  • 1660 Rockcrest Hills Avenue Henderson, NV 3
    • 2 beds 2 baths ∙ 1,585 Sqft ∙ Built 2001 2 beds 2 baths ∙ 1,585 Sqft ∙ Built 2001
    property image
    LEASED 11/04/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,675
    • $1.06
    •  
  • 1816 Baton Rouge Street Henderson, NV 4
    • 2 beds 2 baths ∙ 1,632 Sqft ∙ Built 1999 2 beds 2 baths ∙ 1,632 Sqft ∙ Built 1999
    property image
    LEASED 02/03/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,700
    • $1.04
    •  
  • 1624 Williamsport Street Henderson, NV 5
    • 2 beds 1 baths ∙ 1,837 Sqft ∙ Built 1999 2 beds 1 baths ∙ 1,837 Sqft ∙ Built 1999
    property image
    LEASED 06/27/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,900
    • $1.03
    •  
PROPERTY LISTING DETAILS
Yvette M Tirado
1.702.528.9626
Elite Realty
Gabriela Lara
1.866.250.5610
Mynd Property Management
1453579
Greater Las Vegas Association of Realtors ( GLVAR)
MLS #: 2244115
Last Updated: 11/13/2020
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