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

3060 Jumping Moon Court Henderson, NV 89052

4 Beds 3 Baths 2,768 sqft Built 1998

$609,900

List Price

$2,620

$2.4K - $2.9K

Rent Est.

PROPERTY INFO

November 25, 2020 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 1998
  • Price/Sqft : $220.34
  • 5 Days on Market
  • MLS # : 2250750
  • Updated Date : 11/25/2020 at 14:04
CONSTRUCTION
  • Beds : 4
  • Floor Size : 2,768 sqft
  • Baths : 2 full , 1 half
Listing Agent

Rhodes Ranch Realty

Listing Agent's Description

This stunning and immaculate home sits on a huge .32 acre lot at the end of a cul-de-sac and offers 4 bedrooms + loft, 2.5 bathrooms, 3 car garage, and a pool and spa! This property has been highly upgraded with gorgeous travertine flooring, crown molding, built in entertainment center in living room, stacked stone accent wall, granite countertops, stainless steel appliances, elegant claw-foot tub in primary bathroom, and much more! The lush landscaping is highlighted by the pool, spa, built-in barbecue, covered patio, private pond, and grand gated driveway! Nestled in a gated community in Seven Hills with tons of parks, trails, tennis & basketball courts, and much more to enjoy. This home is an absolute must see!!!

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: 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
Elise L. Wolff Elementary School Primary Regular 935 46 10
Del E Webb Middle School Middle Regular 1,863 74 NA
Coronado High School High Regular 3,240 124 10

Elise L. Wolff Elementary School

  • Education Level: Primary
  • # of students: 935
  • # of teachers: 46
10
GreatSchools Rating

Del E Webb Middle School

  • Education Level: Middle
  • # of students: 1,863
  • # of teachers: 74
NA
GreatSchools Rating

Coronado High School

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

$548,910$670,890$609,900

PURCHASE PRICE

$2,358$2,882$2,620

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $2,620
EXPENSES Loan Payment -$2,250
Property Tax -$359
Property Insurance -$81
Property Management Fees -$119
CASH FLOW
-$189

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.

$609,900

PROJECTED PRICE

$2,620

PROJECTED RENT

0.43%

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

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$1.8M

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$167,374

INVESTMENT

$167,374

Down Payment
$152,475
Rehab Estimate
$5,750
Closing Costs
$9,149

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

A 50% down payment or higher enables the proceeds from the asset to cover all costs.

$2,250

MONTHLY LOAN PAYMENT

30 yr
Term
4.25%
Interest
25.00%
Down Payment
Term 30 Years
Interest 4.25%
Down Payment $152,475
Loan Amount $457,425
See What Happens When You Reinvest Cash Flow

4.42

YEARS SAVED

$31,625

INTEREST SAVED

CASH FLOW REINVESTMENT

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

  • $2,620

    LIST RENT
  • $0.95

    LIST RENT PER SQFT
  • $2,602

    COMP ESTIMATED VALUE
  • $0.94

    COMP AVG. RENT PER SQFT
Comps Range
$2,395
1$2,3952$2,4503$2,6204$2,8005$2,875
$2,875
RENT COMPS ANALYSIS
  • 3060 Jumping Moon Court Henderson, NV 3
    • 4 beds 3 baths ∙ 2,768 Sqft ∙ Built 1998 4 beds 3 baths ∙ 2,768 Sqft ∙ Built 1998
    • Rent
    • Rent Per SQFT
    •  
    • $2,620
    • $0.95
    •  
  • 1316 Echo Creek Street #0 Henderson, NV 1
    • 4 beds 3 baths ∙ 2,774 Sqft ∙ Built 1998 4 beds 3 baths ∙ 2,774 Sqft ∙ Built 1998
    LEASED 05/29/20
    • Rent
    • Rent Per SQFT
    •  
    • $2,395
    • $0.86
    •  
  • 1304 Echo Creek Street Henderson, NV 2
    • 3 beds 3 baths ∙ 2,774 Sqft ∙ Built 1998 3 beds 3 baths ∙ 2,774 Sqft ∙ Built 1998
    LEASED 06/01/20
    • Rent
    • Rent Per SQFT
    •  
    • $2,450
    • $0.88
    •  
  • 3060 Evening Mist Avenue Henderson, NV 4
    • 4 beds 3 baths ∙ 2,815 Sqft ∙ Built 2000 4 beds 3 baths ∙ 2,815 Sqft ∙ Built 2000
    LEASED 08/15/20
    • Rent
    • Rent Per SQFT
    •  
    • $2,800
    • $0.99
    •  
  • 3075 Evening Mist Avenue Henderson, NV 5
    • 4 beds 2 baths ∙ 2,800 Sqft ∙ Built 2000 4 beds 2 baths ∙ 2,800 Sqft ∙ Built 2000
    LEASED 09/30/20
    • Rent
    • Rent Per SQFT
    •  
    • $2,875
    • $1.03
    •  
PROPERTY LISTING DETAILS
Daniel J Bradford
1.702.743.9916
Rhodes Ranch Realty
Gabriela Lara
1.866.250.5610
Mynd Property Management
1453579
Greater Las Vegas Association of Realtors ( GLVAR)
MLS #: 2250750
Last Updated: 11/25/2020
BESbswy