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

2095 Roundtop Court North Las Vegas, NV 89081

3 Beds 3 Baths 1,913 sqft Built 2016

$312,999

List Price

$1,540

$1.4K - $1.7K

Rent Est.

PROPERTY INFO

December 28, 2020 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 2016
  • Price/Sqft : $163.62
  • 7 Days on Market
  • MLS # : 2257795
  • Updated Date : 12/30/2020 at 17:52
CONSTRUCTION
  • Beds : 3
  • Floor Size : 1,913 sqft
  • Baths : 2 full , 1 half
Listing Agent

Signature Real Estate Group

Listing Agent's Description

GORGEOUS!! Ready to move in 2 story home located on a quiet cul-de-sac lot near schools, parks, shopping, and restaurants. This 3 bedrooms, 2.5 bathrooms has a spacious open floor plan as soon as you walk in. Enjoy cooking and entertaining at the same time in a beautiful kitchen with granite counters, stainless steel appliances, a pantry, and a large island with breakfast bar seating. Master includes a private en-suite with dual vanities and separate soaking tub and shower. All bedrooms are upstairs, as well as a loft. Enjoy time outside with space for pets, BBQ, entertaining, and some family time in this low maintenance enclosed backyard with upgraded patio cover. Solar powered by Tesla. (Some items are for purchase). Schedule your showing today! This one won't last long!!

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: Ann Losee Village

NeighborhoodNIR Market*CityMarket2010Year20002019100k120k140k160k180k200k220k240k260k280kPrice in $84k296k

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

Neighborhood: Ann Losee Village

NeighborhoodNIR Market*CityMarket2010Year20002019 Q21000105011001150120012501300135014001450150015501600Rent in $9571603

* 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
Jesse Scott Elementary School Primary Regular 853 45 2
Carroll M Johnston Middle School Middle Regular 1,365 58 NA
Legacy High School High Regular 2,819 119 3

Jesse Scott Elementary School

  • Education Level: Primary
  • # of students: 853
  • # of teachers: 45
2
GreatSchools Rating

Carroll M Johnston Middle School

  • Education Level: Middle
  • # of students: 1,365
  • # of teachers: 58
NA
GreatSchools Rating

Legacy High School

  • Education Level: High
  • # of students: 2,819
  • # of teachers: 119
3
GreatSchools Rating
 

$281,699$344,299$312,999

PURCHASE PRICE

$1,386$1,694$1,540

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $1,540
EXPENSES Loan Payment -$1,155
Property Tax -$253
Property Insurance -$64
Property Management Fees -$119
CASH FLOW
-$51

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.

$312,999

PROJECTED PRICE

$1,540

PROJECTED RENT

0.49%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 3.75%
Appreciation Year (1-5) 8.6%
Maintenance Year (1-5) 8.00%
Vacancy 8.50%
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$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$88,695

INVESTMENT

$88,695

Down Payment
$78,250
Rehab Estimate
$5,750
Closing Costs
$4,695

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

A 50% down payment or higher enables the proceeds from the asset to cover all costs.

$1,155

MONTHLY LOAN PAYMENT

30 yr
Term
4.25%
Interest
25.00%
Down Payment
Term 30 Years
Interest 4.25%
Down Payment $78,250
Loan Amount $234,749
See What Happens When You Reinvest Cash Flow

4.58

YEARS SAVED

$16,675

INTEREST SAVED

CASH FLOW REINVESTMENT

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

  • $1,540

    LIST RENT
  • $0.81

    LIST RENT PER SQFT
  • $1,545

    COMP ESTIMATED VALUE
  • $0.81

    COMP AVG. RENT PER SQFT
Comps Range
$1,350
1$1,3502$1,4953$1,5004$1,5405$1,595
$1,595
RENT COMPS ANALYSIS
  • 2095 Roundtop Court North Las Vegas, NV 4
    • 3 beds 3 baths ∙ 1,913 Sqft ∙ Built 2016 3 beds 3 baths ∙ 1,913 Sqft ∙ Built 2016
    property image
    • Rent
    • Rent Per SQFT
    •  
    • $1,540
    • $0.81
    •  
  • 5405 Brazelton Street #n/a North Las Vegas, NV 1
    • 3 beds 3 baths ∙ 1,727 Sqft ∙ Built 2010 3 beds 3 baths ∙ 1,727 Sqft ∙ Built 2010
    property image
    LEASED 04/10/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,350
    • $0.78
    •  
  • 5336 Pendergrass North Las Vegas, NV 2
    • 3 beds 3 baths ∙ 1,771 Sqft ∙ Built 2007 3 beds 3 baths ∙ 1,771 Sqft ∙ Built 2007
    property image
    LEASED 03/30/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,495
    • $0.84
    •  
  • 2317 Breckle Key Avenue North Las Vegas, NV 3
    • 4 beds 3 baths ∙ 1,997 Sqft ∙ Built 2012 4 beds 3 baths ∙ 1,997 Sqft ∙ Built 2012
    property image
    LEASED 07/22/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,500
    • $0.75
    •  
  • 5824 Faye Taylor North Las Vegas, NV 5
    • 3 beds 2 baths ∙ 1,851 Sqft ∙ Built 2005 3 beds 2 baths ∙ 1,851 Sqft ∙ Built 2005
    property image
    LEASED 06/05/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,595
    • $0.86
    •  
PROPERTY LISTING DETAILS
Nalani Mathias
1.702.830.0111
Signature Real Estate Group
Gabriela Lara
1.866.250.5610
Mynd Property Management
1453579
Greater Las Vegas Association of Realtors ( GLVAR)
MLS #: 2257795
Last Updated: 12/30/2020
BESbswy