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2817 Sisteron Court Henderson, NV 89044

3 Beds 3 Baths 2,826 sqft Built 2007

$858,000

List Price

$3,000

$2.8K - $3.3K

Rent Est.

PROPERTY INFO

SINGLE-FAMILY
March 04, 2021 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 2007
  • Price/Sqft : $303.61
  • 4 Days on Market
  • MLS # : 2273738
  • Updated Date : 03/04/2021 at 19:00
CONSTRUCTION
  • Beds : 3
  • Floor Size : 2,826 sqft
  • Baths : 3 full
Listing Agent

Key Realty Southwest Llc

Listing Agent's Description

HIGHLY UPGRADED SINGLE STORY IN GUARD GATED CLUB MADEIRA! 3 CAR GARAGE/ 3 BED/3/BATH. GORGEOUS COURTYARD ENTRY/ TRANQUIL FOUNTAIN. CHEF’S KITCHEN WITH OVERSIZED GRANITE ISLAND, PROFESSIONAL STAINLESS STEEL APPLIANCES,3 BUILT IN OVENS, WARMING DRAWER , WINE FRIDGE, PANTRY. LOVELY DECORATOR FINISHES AND CUSTOM WOOD SHUTTERS THROUGHOUT. LARGE PRIVATE DEN/OFFICE WITH HARDWOOD FLOOR. TONS OF NATURAL LIGHT IN THIS HOME! BACKYARD IS AN ENTERTAINERS PARADISE! OUTDOOR LIVING SPACE- HUGE COVERED PATIO WITH PLENTY OF ROOM FOR DINING & LOUNGING. BUILT IN OUTDOOR KITCHEN, POOLSCAPES CUSTOM SALTWATER POOL,WATER FEATURES, SPA - SOLAR HEATER AND FABULOUS GAS FIRE PIT. FANTASTIC COMMUNITY AMENITIES THAT INCLUDE FITNESS CENTER,BASKETBALL, TENNIS, CLUB HOUSE, WALKING TRAILS & ROVING SECURITY. YOU DON’T WANT TO MISS THIS BEAUTY!

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
Shirley And Bill Wallin Elementary School Primary Regular 1,067 51 10
Del E Webb Middle School Middle Regular 1,863 74 NA
Liberty High School High Regular 2,496 105 5

Shirley And Bill Wallin Elementary School

  • Education Level: Primary
  • # of students: 1,067
  • # of teachers: 51
10
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
 

$772,200$943,800$858,000

PURCHASE PRICE

$2,700$3,300$3,000

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $3,000
EXPENSES Loan Payment -$2,980
Property Tax -$563
Property Insurance -$82
Property Management Fees -$119
CASH FLOW
-$744

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.

$858,000

PROJECTED PRICE

$3,000

PROJECTED RENT

0.35%

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-$15k-$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$233,120

INVESTMENT

$233,120

Down Payment
$214,500
Rehab Estimate
$5,750
Closing Costs
$12,870

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

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

$2,980

MONTHLY LOAN PAYMENT

30 yr
Term
3.75%
Interest
25.00%
Down Payment
Term 30 Years
Interest 3.75%
Down Payment $214,500
Loan Amount $643,500
See What Happens When You Reinvest Cash Flow

1.5

YEARS SAVED

$7,425

INTEREST SAVED

CASH FLOW REINVESTMENT

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

  • $3,000

    LIST RENT
  • $1.06

    LIST RENT PER SQFT
  • $2,289

    COMP ESTIMATED VALUE
  • $0.81

    COMP AVG. RENT PER SQFT
Comps Range
$2,000
1$2,0002$2,2003$2,3004$2,8005$3,000
$3,000
RENT COMPS ANALYSIS
  • 2817 Sisteron Court Henderson, NV 5
    • 3 beds 3 baths ∙ 2,826 Sqft ∙ Built 2007 3 beds 3 baths ∙ 2,826 Sqft ∙ Built 2007
    property image
    • Rent
    • Rent Per SQFT
    •  
    • $3,000
    • $1.06
    •  
  • 2521 Libberton Street Henderson, NV 1
    • 4 beds 4 baths ∙ 2,642 Sqft ∙ Built 2006 4 beds 4 baths ∙ 2,642 Sqft ∙ Built 2006
    property image
    LEASED 09/10/20
    • Rent
    • Rent Per SQFT
    •  
    • $2,000
    • $0.76
    •  
  • 2679 Bothwell Place Henderson, NV 2
    • 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
    •  
  • 2652 Kinghorn 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 08/13/20
    • Rent
    • Rent Per SQFT
    •  
    • $2,300
    • $0.76
    •  
  • 2249 Gondi Castle Avenue Henderson, NV 4
    • 3 beds 3 baths ∙ 2,835 Sqft ∙ Built 2010 3 beds 3 baths ∙ 2,835 Sqft ∙ Built 2010
    property image
    LEASED 09/10/20
    • Rent
    • Rent Per SQFT
    •  
    • $2,800
    • $0.99
    •  
PROPERTY LISTING DETAILS
Adrienne Pearson
1.702.203.0081
Key Realty Southwest Llc
Gabriela Lara
1.866.250.5610
Mynd Property Management
1453579
Greater Las Vegas Association of Realtors ( GLVAR)
MLS #: 2273738
Last Updated: 03/04/2021
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