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2573 Bridle Oaks Court Henderson, NV 89044

4 Beds 4 Baths 3,147 sqft Built 2016

$699,900

List Price

$2,540

$2.3K - $2.8K

Rent Est.

PROPERTY INFO

SINGLE-FAMILY
March 13, 2021 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 2016
  • Price/Sqft : $222.40
  • 3 Days on Market
  • MLS # : 2278276
  • Updated Date : 03/13/2021 at 01:30
CONSTRUCTION
  • Beds : 4
  • Floor Size : 3,147 sqft
  • Baths : 3 full , 1 half
Listing Agent

Signature Real Estate Group

Listing Agent's Description

YOU HAD ME AT HELLO!  Rare Gated Inspirada Cul-De-Sac Home from Pardee's Montero Collection.  This Desert Contemporary two story 4 Bedroom 3.5 bath is a treasure found within a short distance to Aventura Park w/20+ acres of fun including resident only pool, ball fields, tennis courts & dog parks.  Home boasts an open concept floor plan with kitchen island of your dreams, huge walk-in pantry, full dining area, den, half bath and downstairs guest suite w/full bath.  Upstairs is a beautiful owners suite w/custom closets, double sinks, full bath, separate shower and mountain views.  Two additional spacious bedrooms, full bath, loft area and separate laundry room w/sink complete the second floor.  Huge backyard with built-in BBQ and TWO covered patios with designer fans.  Custom window treatments throughout including Hunter Douglas Luminette verticals on both sets of sliders.  Whole house humidifier, RO system, Deluxe Water Softener/Conditioner, Garage Built-Ins and so much more!

SEE MORE

MARKET HIGHLIGHTS

  • 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)
  • 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)

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
 

$629,910$769,890$699,900

PURCHASE PRICE

$2,286$2,794$2,540

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $2,540
EXPENSES Loan Payment -$2,431
Property Tax -$460
Property Insurance -$88
Property Management Fees -$119
CASH FLOW
-$558

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.

$699,900

PROJECTED PRICE

$2,540

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

PROJECTED ANNUAL CASH FLOW

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

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$191,224

INVESTMENT

$191,224

Down Payment
$174,975
Rehab Estimate
$5,750
Closing Costs
$10,499

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

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

$2,431

MONTHLY LOAN PAYMENT

30 yr
Term
3.75%
Interest
25.00%
Down Payment
Term 30 Years
Interest 3.75%
Down Payment $174,975
Loan Amount $524,925
See What Happens When You Reinvest Cash Flow

1.75

YEARS SAVED

$7,859

INTEREST SAVED

CASH FLOW REINVESTMENT

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

  • $2,540

    LIST RENT
  • $0.81

    LIST RENT PER SQFT
  • $2,203

    COMP ESTIMATED VALUE
  • $0.7

    COMP AVG. RENT PER SQFT
Comps Range
$1,950
1$1,9502$2,0953$2,2004$2,2005$2,540
$2,540
RENT COMPS ANALYSIS
  • 2573 Bridle Oaks Court Henderson, NV 5
    • 4 beds 4 baths ∙ 3,147 Sqft ∙ Built 2016 4 beds 4 baths ∙ 3,147 Sqft ∙ Built 2016
    property image
    • Rent
    • Rent Per SQFT
    •  
    • $2,540
    • $0.81
    •  
  • 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
    property image
    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
    property image
    LEASED 12/29/20
    • Rent
    • Rent Per SQFT
    •  
    • $2,095
    • $0.69
    •  
  • 2679 Bothwell Place Henderson, NV 3
    • 4 beds 4 baths ∙ 3,021 Sqft ∙ Built 2005 4 beds 4 baths ∙ 3,021 Sqft ∙ Built 2005
    property image
    LEASED 03/15/20
    • Rent
    • Rent Per SQFT
    •  
    • $2,200
    • $0.73
    •  
  • 2453 Daks Loden Henderson, NV 4
    • 4 beds 4 baths ∙ 3,021 Sqft ∙ Built 2004 4 beds 4 baths ∙ 3,021 Sqft ∙ Built 2004
    property image
    LEASED 06/19/20
    • Rent
    • Rent Per SQFT
    •  
    • $2,200
    • $0.73
    •  
PROPERTY LISTING DETAILS
Patricia Delaney
1.702.330.4878
Signature Real Estate Group
Gabriela Lara
1.866.250.5610
Mynd Property Management
1453579
Greater Las Vegas Association of Realtors ( GLVAR)
MLS #: 2278276
Last Updated: 03/13/2021
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