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2571 Desante Drive Henderson, NV 89044

4 Beds 4 Baths 2,916 sqft Built 2017

$798,000

List Price

$2,920

$2.7K - $3.2K

Rent Est.

PROPERTY INFO

SINGLE-FAMILY
March 20, 2021 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 2017
  • Price/Sqft : $273.66
  • 4 Days on Market
  • MLS # : 2280222
  • Updated Date : 03/20/2021 at 23:00
CONSTRUCTION
  • Beds : 4
  • Floor Size : 2,916 sqft
  • Baths : 3 full , 1 half
Listing Agent

Realty One Group, Inc

Listing Agent's Description

Stunning beauty in the heart of Inspirada, Henderson ~ Elevated lot with mountain view ~ Private courtyard ~ Enormous kitchen island ~ 10 foot tray ceilings ~ Open floor plan ~ upgraded flooring throughout ~ Separate casita suite ~ Ceiling fan in most rooms ~ Epoxy garage floors ~ Water conditioning system ~ Custom front gate with fingerprint accessibility ~ Fully landscaped front and back yard ~ Artificial grass ~ Stone paved ~ Private community hiking trail ~ Gated community access

SEE MORE

MARKET HIGHLIGHTS

  • 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)
  • 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)

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
 

$718,200$877,800$798,000

PURCHASE PRICE

$2,628$3,212$2,920

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $2,920
EXPENSES Loan Payment -$2,772
Property Tax -$533
Property Insurance -$84
Property Management Fees -$119
CASH FLOW
-$587

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.

$798,000

PROJECTED PRICE

$2,920

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

PROJECTED ANNUAL CASH FLOW

11530-$10k-$5.0k$0.0$5.0k$10k$15k$20k$25k

PROJECTED PROPERTY VALUE

30 YEAR PROJECTION

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

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$217,220

INVESTMENT

$217,220

Down Payment
$199,500
Rehab Estimate
$5,750
Closing Costs
$11,970

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

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

$2,772

MONTHLY LOAN PAYMENT

30 yr
Term
3.75%
Interest
25.00%
Down Payment
Term 30 Years
Interest 3.75%
Down Payment $199,500
Loan Amount $598,500
See What Happens When You Reinvest Cash Flow

2.08

YEARS SAVED

$11,050

INTEREST SAVED

CASH FLOW REINVESTMENT

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

  • $2,920

    LIST RENT
  • $1

    LIST RENT PER SQFT
  • $2,107

    COMP ESTIMATED VALUE
  • $0.72

    COMP AVG. RENT PER SQFT
Comps Range
$1,950
1$1,9502$2,0953$2,2004$2,5005$2,920
$2,920
RENT COMPS ANALYSIS
  • 2571 Desante Drive Henderson, NV 5
    • 4 beds 4 baths ∙ 2,916 Sqft ∙ Built 2017 4 beds 4 baths ∙ 2,916 Sqft ∙ Built 2017
    • Rent
    • Rent Per SQFT
    •  
    • $2,920
    • $1.00
    •  
  • 2927 Ainslie Lake Avenue Henderson, NV 1
    • 4 beds 4 baths ∙ 3,021 Sqft ∙ Built 2004 4 beds 4 baths ∙ 3,021 Sqft ∙ Built 2004
    LEASED 06/16/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,950
    • $0.65
    •  
  • 2403 Blackcraig Street Henderson, NV 2
    • 4 beds 4 baths ∙ 3,030 Sqft ∙ Built 2007 4 beds 4 baths ∙ 3,030 Sqft ∙ Built 2007
    LEASED 12/29/20
    • Rent
    • Rent Per SQFT
    •  
    • $2,095
    • $0.69
    •  
  • 2453 Daks Loden Henderson, NV 3
    • 4 beds 4 baths ∙ 3,021 Sqft ∙ Built 2004 4 beds 4 baths ∙ 3,021 Sqft ∙ Built 2004
    LEASED 06/19/20
    • Rent
    • Rent Per SQFT
    •  
    • $2,200
    • $0.73
    •  
  • 3158 Biccari Avenue Henderson, NV 4
    • 5 beds 3 baths ∙ 3,057 Sqft ∙ Built 2014 5 beds 3 baths ∙ 3,057 Sqft ∙ Built 2014
    LEASED 08/19/20
    • Rent
    • Rent Per SQFT
    •  
    • $2,500
    • $0.82
    •  
PROPERTY LISTING DETAILS
Brian Tseng
1.702.803.6656
Realty One Group, Inc
Gabriela Lara
1.866.250.5610
Mynd Property Management
1453579
Greater Las Vegas Association of Realtors ( GLVAR)
MLS #: 2280222
Last Updated: 03/20/2021
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