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

3208 Jevonda Avenue Henderson, NV 89044

3 Beds 3 Baths 2,280 sqft Built 2009

$379,990

List Price

$2,030

$1.8K - $2.2K

Rent Est.

PROPERTY INFO

January 04, 2021 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 2009
  • Price/Sqft : $166.66
  • 7 Days on Market
  • MLS # : 2258764
  • Updated Date : 01/05/2021 at 18:10
CONSTRUCTION
  • Beds : 3
  • Floor Size : 2,280 sqft
  • Baths : 2 full , 1 half
Listing Agent

Realty One Group, Inc

Listing Agent's Description

Spacious home with great room living area the includes a large dining room with hardwood laminate floors perfect for entertaining. Kitchen features an island with breakfast bar. Huge primary bedroom with walk in closet. Primary bath includes dual sinks and built in make up table along with separate shower and tub. Loft upstairs makes the perfect office plus a spacious laundry room. Fully landscaped back yard with covered patio. Attached 2 car garage and full length driveway at the rear of the home. One of the largest lots in the neighborhood. Located near parks, community pool and neighborhood cafe.

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: Inspirada

NeighborhoodNIR Market*CityMarket2010Year20002019140k160k180k200k220k240k260k280k300k320k340k360kPrice in $123k376k

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

Neighborhood: Inspirada

NeighborhoodNIR Market*CityMarket2010Year20002019 Q2110012001300140015001600170018001900Rent in $10801998

* 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
 

$341,991$417,989$379,990

PURCHASE PRICE

$1,827$2,233$2,030

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $2,030
EXPENSES Loan Payment -$1,320
Property Tax -$278
Property Insurance -$71
Property Management Fees -$119
CASH FLOW
$242

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.

$379,990

PROJECTED PRICE

$2,030

PROJECTED RENT

0.53%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 4.05%
Appreciation Year (1-5) 6.9%
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$200k$400k$600k$800k$1.0M$1.2M$1.4M

PROJECTED ANNUAL CASH FLOW

11530$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

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$106,447

INVESTMENT

$106,447

Down Payment
$94,998
Rehab Estimate
$5,750
Closing Costs
$5,700

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

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

$1,320

MONTHLY LOAN PAYMENT

30 yr
Term
3.75%
Interest
25.00%
Down Payment
Term 30 Years
Interest 3.75%
Down Payment $94,998
Loan Amount $284,993
See What Happens When You Reinvest Cash Flow

9.25

YEARS SAVED

$48,404

INTEREST SAVED

CASH FLOW REINVESTMENT

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

  • $2,030

    LIST RENT
  • $0.89

    LIST RENT PER SQFT
  • $2,115

    COMP ESTIMATED VALUE
  • $0.93

    COMP AVG. RENT PER SQFT
Comps Range
$2,030
1$2,0302$2,0503$2,1504$2,2655$2,375
$2,375
RENT COMPS ANALYSIS
  • 3208 Jevonda Avenue Henderson, NV 1
    • 3 beds 3 baths ∙ 2,280 Sqft ∙ Built 2009 3 beds 3 baths ∙ 2,280 Sqft ∙ Built 2009
    • Rent
    • Rent Per SQFT
    •  
    • $2,030
    • $0.89
    •  
  • 2033 Self Portrait Street Henderson, NV 2
    • 3 beds 3 baths ∙ 2,306 Sqft ∙ Built 2008 3 beds 3 baths ∙ 2,306 Sqft ∙ Built 2008
    LEASED 03/16/20
    • Rent
    • Rent Per SQFT
    •  
    • $2,050
    • $0.89
    •  
  • 3200 Subtle Color Avenue Henderson, NV 3
    • 3 beds 3 baths ∙ 2,294 Sqft ∙ Built 2010 3 beds 3 baths ∙ 2,294 Sqft ∙ Built 2010
    LEASED 09/17/20
    • Rent
    • Rent Per SQFT
    •  
    • $2,150
    • $0.94
    •  
  • 1984 Galleria Spada Street Henderson, NV 4
    • 4 beds 2 baths ∙ 2,467 Sqft ∙ Built 2014 4 beds 2 baths ∙ 2,467 Sqft ∙ Built 2014
    LEASED 03/09/20
    • Rent
    • Rent Per SQFT
    •  
    • $2,265
    • $0.92
    •  
  • 1973 Misano Monte Street Henderson, NV 5
    • 4 beds 3 baths ∙ 2,467 Sqft ∙ Built 2014 4 beds 3 baths ∙ 2,467 Sqft ∙ Built 2014
    LEASED 07/23/20
    • Rent
    • Rent Per SQFT
    •  
    • $2,375
    • $0.96
    •  
PROPERTY LISTING DETAILS
Michael Kruse
1.702.286.3434
Realty One Group, Inc
Gabriela Lara
1.866.250.5610
Mynd Property Management
1453579
Greater Las Vegas Association of Realtors ( GLVAR)
MLS #: 2258764
Last Updated: 01/05/2021
BESbswy