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2110 Gunnison Place Henderson, NV 89044

3 Beds 1 Baths 2,190 sqft Built 2006

$515,000

List Price

$1,850

$1.7K - $2K

Rent Est.

PROPERTY INFO

November 22, 2020 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 2006
  • Price/Sqft : $235.16
  • 2 Days on Market
  • MLS # : 2250042
  • Updated Date : 11/21/2020 at 21:20
CONSTRUCTION
  • Beds : 3
  • Floor Size : 2,190 sqft
  • Baths : 1 full
Listing Agent

Realty One Group, Inc

Listing Agent's Description

Beautiful one story with amazing Strip and mountain view!! 3 bedroom, 2 bath with formal dining and living as well as family room with custom built in entertainment center. Primary bedroom has a slider to the back yard, and primary closet has custom built ins, as well as a separate closet with mirrored doors. Surround sound throughout the home except for guest bedroom. Security Rolladen Shutters on all window except decorative iron door and window. Laundry room has its own walk-in pantry with sink and built in cabinets on both sides. Big farm sink in kitchen along with pull out drawers in cabinets. Extra pantry in kitchen! Beautiful pendant lights over breakfast bar. Spotless epoxy floor in garage with built in cabinets. There is also extra side space for golf cart. RO system and water softener. Backyard is an entertainers dream with landscaping and strip views!! Hurry!! This will NOT last!!

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: 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
 

$463,500$566,500$515,000

PURCHASE PRICE

$1,665$2,035$1,850

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $1,850
EXPENSES Loan Payment -$1,900
Property Tax -$298
Property Insurance -$70
Property Management Fees -$119
CASH FLOW
-$537

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.

$515,000

PROJECTED PRICE

$1,850

PROJECTED RENT

0.36%

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$1.2M$1.4M

PROJECTED ANNUAL CASH FLOW

11530-$10k-$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$1.2M$1.4M

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$142,225

INVESTMENT

$142,225

Down Payment
$128,750
Rehab Estimate
$5,750
Closing Costs
$7,725

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

A 65% down payment or higher enables the proceeds from the asset to cover all costs.

$1,900

MONTHLY LOAN PAYMENT

30 yr
Term
4.25%
Interest
25.00%
Down Payment
Term 30 Years
Interest 4.25%
Down Payment $128,750
Loan Amount $386,250
See What Happens When You Reinvest Cash Flow

1.33

YEARS SAVED

$3,793

INTEREST SAVED

CASH FLOW REINVESTMENT

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

  • $1,850

    LIST RENT
  • $0.84

    LIST RENT PER SQFT
  • $2,020

    COMP ESTIMATED VALUE
  • $0.92

    COMP AVG. RENT PER SQFT
Comps Range
$1,600
1$1,6002$1,8503$1,9004$2,0755$2,300
$2,300
RENT COMPS ANALYSIS
  • 2110 Gunnison Place Henderson, NV 2
    • 3 beds 1 baths ∙ 2,190 Sqft ∙ Built 2006 3 beds 1 baths ∙ 2,190 Sqft ∙ Built 2006
    • Rent
    • Rent Per SQFT
    •  
    • $1,850
    • $0.84
    •  
  • 2268 Manosque Lane Henderson, NV 1
    • 3 beds 2 baths ∙ 1,904 Sqft ∙ Built 2006 3 beds 2 baths ∙ 1,904 Sqft ∙ Built 2006
    LEASED 10/09/19
    • Rent
    • Rent Per SQFT
    •  
    • $1,600
    • $0.84
    •  
  • 2341 Shorewood Hills Avenue Henderson, NV 3
    • 3 beds 2 baths ∙ 2,046 Sqft ∙ Built 2004 3 beds 2 baths ∙ 2,046 Sqft ∙ Built 2004
    LEASED 05/01/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,900
    • $0.93
    •  
  • 2179 Crescent Heights Avenue Henderson, NV 4
    • 3 beds 1 baths ∙ 2,190 Sqft ∙ Built 2005 3 beds 1 baths ∙ 2,190 Sqft ∙ Built 2005
    LEASED 02/01/20
    • Rent
    • Rent Per SQFT
    •  
    • $2,075
    • $0.95
    •  
  • 2292 Canyonville Drive #0 Henderson, NV 5
    • 3 beds 2 baths ∙ 2,368 Sqft ∙ Built 2007 3 beds 2 baths ∙ 2,368 Sqft ∙ Built 2007
    LEASED 01/01/20
    • Rent
    • Rent Per SQFT
    •  
    • $2,300
    • $0.97
    •  
PROPERTY LISTING DETAILS
Nancy L Anderson
1.702.521.3499
Realty One Group, Inc
Gabriela Lara
1.866.250.5610
Mynd Property Management
1453579
Greater Las Vegas Association of Realtors ( GLVAR)
MLS #: 2250042
Last Updated: 11/21/2020
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