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

2713 Thomasville Avenue Henderson, NV 89052

5 Beds 3 Baths 3,506 sqft Built 2001

$565,000

List Price

$2,850

$2.6K - $3.1K

Rent Est.

$155,475

Investment Est.

PROPERTY INFO

SINGLE-FAMILY
February 20, 2021 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 2001
  • Price/Sqft : $161.15
  • 3 Days on Market
  • MLS # : 2271422
  • Updated Date : 02/20/2021 at 01:30
CONSTRUCTION
  • Beds : 5
  • Floor Size : 3,506 sqft
  • Baths : 3 full
Listing Agent

Sansone Real Estate Services

Listing Agent's Description

WOW!! Absolutely beautiful 5 bed 3 bath home in highly desirable location in Henderson! This home features a living room AND family room ***3 CAR GARAGE*** and a HUGE kitchen with a center island, double ovens, gas cooktop, plenty of counter space and cabinets!! All 5 bedrooms are great sized, and the primary bed and bath are sure to offer plenty of space including a separate tub and shower and walk in closet!! Laundry room has a window and sink!! This backyard is a dream with tons of grass and mature landscaping, a covered patio, and the potential to put in a pool!! ***LOW HOA*** Close to 215 freeway, shopping, restaurants, schools, and much more!! DO NOT MISS!!!

SEE MORE

MARKET HIGHLIGHTS

Las Vegas Market Report
  • 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: Seven Hills

NeighborhoodNIR Market*CityMarket2010Year20002019150k200k250k300k350k400k450kPrice in $123k479k

* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR

Neighborhood: Seven Hills

NeighborhoodNIR Market*CityMarket2010Year20002019 Q21100120013001400150016001700180019002000210022002300Rent in $10802338

* 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
Glen C. Taylor Elementary School Primary Regular 961 46 9
Bob Miller Middle School Middle Regular 1,600 59 NA
Coronado High School High Regular 3,240 124 10

Glen C. Taylor Elementary School

  • Education Level: Primary
  • # of students: 961
  • # of teachers: 46
9
GreatSchools Rating

Bob Miller Middle School

  • Education Level: Middle
  • # of students: 1,600
  • # of teachers: 59
NA
GreatSchools Rating

Coronado High School

  • Education Level: High
  • # of students: 3,240
  • # of teachers: 124
10
GreatSchools Rating
 

FINANCIALS

Learn how to read this

$508,500$621,500$565,000

PURCHASE PRICE

$2,565$3,135$2,850

RENT

DOWN PAYMENT
FINANCING
Learn how to read this

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $2,850
EXPENSES Loan Payment -$1,962
Property Tax -$327
Property Insurance -$95
Property Management Fees -$119
CASH FLOW
$347

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.

$565,000

PROJECTED PRICE

$2,850

PROJECTED RENT

0.50%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 4.05%
Appreciation Year (1-5) 6.8%
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$0.0$5.0k$10k$15k$20k$25k$30k$35k

PROJECTED PROPERTY VALUE

30 YEAR PROJECTION

  • Appreciation

  • Principal

  • Loan Balance
11530$0.0$200k$400k$600k$800k$1.0M$1.2M$1.4M$1.6M

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$155,475

INVESTMENT

$155,475

Down Payment		 $141,250
Rehab Estimate		 $5,750
Closing Costs		 $8,475

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

A 35% down payment or higher enables the proceeds from the asset to cover all costs.

$1,962

MONTHLY LOAN PAYMENT

30 yr
Term
3.75%
Interest
25.00%
Down Payment
Term 30 Years
Interest 3.75%
Down Payment $141,250
Loan Amount $423,750
See What Happens When You Reinvest Cash Flow

9.25

YEARS SAVED

$72,262

INTEREST SAVED

CASH FLOW REINVESTMENT

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

  • $2,850

    LIST RENT

  • $0.81

    LIST RENT PER SQFT

  • $3,033

    COMP ESTIMATED VALUE

  • $0.87

    COMP AVG. RENT PER SQFT
Comps Range
$2,700
1$2,7002$2,8503$3,1164$3,1755$3,300
$3,300
RENT COMPS ANALYSIS
  • 2713 Thomasville Avenue Henderson, NV 2
    • 5 beds 3 baths ∙ 3,506 Sqft ∙ Built 2001 5 beds 3 baths ∙ 3,506 Sqft ∙ Built 2001
    property image
    • Rent
    • Rent Per SQFT
    •  
    • $2,850
    • $0.81
    •  
  • 848 Valley Moon Henderson, NV 1
    • 4 beds 4 baths ∙ 3,414 Sqft ∙ Built 2009 4 beds 4 baths ∙ 3,414 Sqft ∙ Built 2009
    property image
    LEASED 04/27/20
    • Rent
    • Rent Per SQFT
    •  
    • $2,700
    • $0.79
    •  
  • 2710 Carolina Blue Avenue Henderson, NV 3
    • 5 beds 3 baths ∙ 3,568 Sqft ∙ Built 2000 5 beds 3 baths ∙ 3,568 Sqft ∙ Built 2000
    property image
    LEASED 03/18/20
    • Rent
    • Rent Per SQFT
    •  
    • $3,116
    • $0.87
    •  
  • 1211 Martini Drive Henderson, NV 4
    • 4 beds 3 baths ∙ 3,695 Sqft ∙ Built 2002 4 beds 3 baths ∙ 3,695 Sqft ∙ Built 2002
    property image
    LEASED 02/15/21
    • Rent
    • Rent Per SQFT
    •  
    • $3,175
    • $0.86
    •  
  • 2598 Mizzoni Circle Henderson, NV 5
    • 5 beds 4 baths ∙ 3,507 Sqft ∙ Built 2000 5 beds 4 baths ∙ 3,507 Sqft ∙ Built 2000
    property image
    LEASED 01/29/21
    • Rent
    • Rent Per SQFT
    •  
    • $3,300
    • $0.94
    •  
PROPERTY LISTING DETAILS
LISTING AGENT
Devon M Sansone
1.702.321.1927
Sansone Real Estate Services
BUYER AGENT
Gabriela Lara
1.866.250.5610
Mynd Property Management
1453579
SOURCE
Greater Las Vegas Association of Realtors ( GLVAR)
MLS #: 2271422
Last Updated: 02/20/2021

All returns, cash flow, and appreciation estimates are projections. Please review our Disclaimer for more information.

All values are rounded to the nearest dollar.
BESbswy