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

2110 Monte Bianco Place Henderson, NV 89044

4 Beds 5 Baths 3,932 sqft Built 2017

$950,000

List Price

$3,490

$3.2K - $3.7K

Rent Est.

PROPERTY INFO

December 18, 2020 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 2017
  • Price/Sqft : $241.61
  • 5 Days on Market
  • MLS # : 2256527
  • Updated Date : 12/17/2020 at 21:30
CONSTRUCTION
  • Beds : 4
  • Floor Size : 3,932 sqft
  • Baths : 4 full , 1 half
Listing Agent

Realty One Group, Inc

Listing Agent's Description

Stunning! Well appointed home in the highly desireable Escala Gated Neighborhood in Inspirada. Open concept w/modern finishes. No homes behind. Sets above the walking trail and park. Home features 4 bedrms, 5 baths, den & loft. Also, 2 desk niches. Kitchen has upgraded cabinets, SS appliances, quartz counters, 2 dishwashers & large island with pendant lighting. Large walk in pantry. Black refrigerator in the pantry doesn't stay w/ the home. Spacious master is downstairs. Generous sized master bath with a large walk in closet. Upgraded bathroom with a separate tub & shower. All secondary bedrms are good sized junior suites with their own bathrooms. Den is being used as a bedrm and has a barn door. 2 bedrms are upstairs. Large loft with a desk niche. Balcony is off the loft. Living room is huge with vaulted ceilings. 2 sets of stackable sliders lead to the covered patio and yard. Big pool sized lot with wrougth iron view fence acroos the back. Covered patio with a built in fire pit.

SEE MORE

MARKET HIGHLIGHTS

  • 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: 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
Robert And Sandy Ellis Elementary School Primary Unknown NA
Del E Webb Middle School Middle Regular 1,863 74 NA
Liberty High School High Regular 2,496 105 5

Robert And Sandy Ellis Elementary School

  • Education Level: Primary
  • # of students:
  • # of teachers:
NA
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
 

$855,000$1,045,000$950,000

PURCHASE PRICE

$3,141$3,839$3,490

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $3,490
EXPENSES Loan Payment -$3,505
Property Tax -$607
Property Insurance -$103
Property Management Fees -$119
CASH FLOW
-$844

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.

$950,000

PROJECTED PRICE

$3,490

PROJECTED RENT

0.37%

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$500k$1.0M$1.5M$2.0M$2.5M

PROJECTED ANNUAL CASH FLOW

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

PROJECTED PROPERTY VALUE

30 YEAR PROJECTION

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

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$257,500

INVESTMENT

$257,500

Down Payment
$237,500
Rehab Estimate
$5,750
Closing Costs
$14,250

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

A 60% down payment or higher enables the proceeds from the asset to cover all costs.

$3,505

MONTHLY LOAN PAYMENT

30 yr
Term
4.25%
Interest
25.00%
Down Payment
Term 30 Years
Interest 4.25%
Down Payment $237,500
Loan Amount $712,500
See What Happens When You Reinvest Cash Flow

1.67

YEARS SAVED

$11,202

INTEREST SAVED

CASH FLOW REINVESTMENT

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

  • $3,490

    LIST RENT
  • $0.89

    LIST RENT PER SQFT
  • $3,598

    COMP ESTIMATED VALUE
  • $0.92

    COMP AVG. RENT PER SQFT
Comps Range
$3,295
1$3,2952$3,4903$3,5004$3,5955$3,995
$3,995
RENT COMPS ANALYSIS
  • 2110 Monte Bianco Place Henderson, NV 2
    • 4 beds 5 baths ∙ 3,932 Sqft ∙ Built 2017 4 beds 5 baths ∙ 3,932 Sqft ∙ Built 2017
    • Rent
    • Rent Per SQFT
    •  
    • $3,490
    • $0.89
    •  
  • 1551 Via Della Scala #0 Henderson, NV 1
    • 5 beds 3 baths ∙ 4,043 Sqft ∙ Built 2003 5 beds 3 baths ∙ 4,043 Sqft ∙ Built 2003
    LEASED 05/30/20
    • Rent
    • Rent Per SQFT
    •  
    • $3,295
    • $0.81
    •  
  • 1543 Via Salaria Court Henderson, NV 3
    • 5 beds 4 baths ∙ 4,043 Sqft ∙ Built 2002 5 beds 4 baths ∙ 4,043 Sqft ∙ Built 2002
    LEASED 08/02/19
    • Rent
    • Rent Per SQFT
    •  
    • $3,500
    • $0.87
    •  
  • 2760 Borthwick Avenue Henderson, NV 4
    • 5 beds 5 baths ∙ 3,744 Sqft ∙ Built 2005 5 beds 5 baths ∙ 3,744 Sqft ∙ Built 2005
    LEASED 08/10/20
    • Rent
    • Rent Per SQFT
    •  
    • $3,595
    • $0.96
    •  
  • 3021 Merlesco Avenue Henderson, NV 5
    • 4 beds 5 baths ∙ 3,932 Sqft ∙ Built 2018 4 beds 5 baths ∙ 3,932 Sqft ∙ Built 2018
    LEASED 09/16/20
    • Rent
    • Rent Per SQFT
    •  
    • $3,995
    • $1.02
    •  
PROPERTY LISTING DETAILS
Linda Lee
1.702.408.5408
Realty One Group, Inc
Gabriela Lara
1.866.250.5610
Mynd Property Management
1453579
Greater Las Vegas Association of Realtors ( GLVAR)
MLS #: 2256527
Last Updated: 12/17/2020
BESbswy