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
REQUEST INFO
SCHEDULE APPOINTMENT
It's free, with no obligation
PROPERTY INFO
FACTS
- Single Family
- Built In 2005
- Price/Sqft : $218.64
- 5 Days on Market
- MLS # : 2256341
- Updated Date : 12/19/2020 at 14:45
CONSTRUCTION
- Beds : 2
- Floor Size : 2,012 sqft
- Baths : 2 full
Listing Agent
Realty Executives Southern
Listing Agent's Description
Beautiful Jackson floorplan with upgrades galore! Upgraded front door with leaded glass insert, plantation shutters, granite countertops, stainless steel appliances, tile set on diagonal, ceiling fans, raised panel doors, maple cabinets! Very open floorplan with Great Room and Formal Dining Room. Laundry Room with Utility Sink, Cabinets, Tile Flooring, and large "Hobby Room" area. Spacious MBR with Ceiling Fan, W/I Closet with Custom Organizers, and Door to Rear Patio. Low maintenance landscaping with Automatic Irrigation System. Covered Patio with extension. Neutral 2-tone interior paint, much more!
SEE MORE
- 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
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
Neighborhood: Sun City Anthem
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
SCHOOLS
FINANCIALS
PROJECTED BASIC MONTHLY INCOME STATEMENT
| INCOME | Rent | $1,930 |
| EXPENSES | Loan Payment | -$1,623 |
| Property Tax | -$272 | |
| Property Insurance | -$66 | |
| Property Management Fees | -$119 | |
|
CASH FLOW
-$151
|
||
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.
$439,900
PROJECTED PRICE
$1,930
PROJECTED RENT
0.44%
PROJECTED RENT / PRICE RATIO
| 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
PROJECTED ANNUAL CASH FLOW
PROJECTED PROPERTY VALUE
30 YEAR PROJECTION
- Appreciation
- Principal
- Loan Balance
TOTAL CASH OUT OF POCKET
INVESTMENT
$122,324
LOAN DETAILS
$1,623
MONTHLY LOAN PAYMENT
| Term | 30 Years |
| Interest | 4.25% |
| Down Payment | $109,975 |
| Loan Amount | $329,925 |
4.33
YEARS SAVED
$21,701
INTEREST SAVED
CASH FLOW REINVESTMENT
The time & interest saved by applying each month's positive cash flow towards loan principal pay down.
-
$1,930
LIST RENT -
$0.96
LIST RENT PER SQFT
-
$1,926
COMP ESTIMATED VALUE -
$0.96
COMP AVG. RENT PER SQFT
Comps Range
-
2190 Savannah River Street Henderson, NV 1
- 2 beds 2 baths ∙ 2,012 Sqft ∙ Built 2005 2 beds 2 baths ∙ 2,012 Sqft ∙ Built 2005
![property image]()
- Rent
- Rent Per SQFT
- $1,930
- $0.96
-
2276 Saxtons River Road #2276 Henderson, NV 2
- 2 beds 2 baths ∙ 2,096 Sqft ∙ Built 2006 2 beds 2 baths ∙ 2,096 Sqft ∙ Built 2006
![property image]()
LEASED 11/01/20- Rent
- Rent Per SQFT
- $1,995
- $0.95
-
2157 Bliss Corner Street Henderson, NV 3
- 2 beds 2 baths ∙ 2,096 Sqft ∙ Built 2006 2 beds 2 baths ∙ 2,096 Sqft ∙ Built 2006
![property image]()
LEASED 10/31/20- Rent
- Rent Per SQFT
- $1,995
- $0.95
-
2219 Bannerwood Street Henderson, NV 4
- 2 beds 2 baths ∙ 2,096 Sqft ∙ Built 2006 2 beds 2 baths ∙ 2,096 Sqft ∙ Built 2006
![property image]()
LEASED 12/07/20- Rent
- Rent Per SQFT
- $1,995
- $0.95
-
2211 Waterton Rivers Drive Henderson, NV 5
- 2 beds 2 baths ∙ 2,096 Sqft ∙ Built 2005 2 beds 2 baths ∙ 2,096 Sqft ∙ Built 2005
![property image]()
LEASED 11/12/20- Rent
- Rent Per SQFT
- $2,050
- $0.98
PROPERTY LISTING DETAILS
1.702.777.1234
Realty Executives Southern
1.866.250.5610
Mynd Property Management
1453579
MLS #: 2256341
Last Updated: 12/19/2020
