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33 Anthem Creek Circle Henderson, NV 89052

5 Beds 5 Baths 4,511 sqft Built 2001

$1,250,000

List Price

$4,040

$3.8K - $4.3K

Rent Est.

PROPERTY INFO

January 29, 2021 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 2001
  • Price/Sqft : $277.10
  • 3 Days on Market
  • MLS # : 2265237
  • Updated Date : 01/29/2021 at 21:00
CONSTRUCTION
  • Beds : 5
  • Floor Size : 4,511 sqft
  • Baths : 4 full , 1 half
Listing Agent

Windermere Anthem Hills

Listing Agent's Description

DREAM HOME! Highly desired one story with 4500 SQ FEET in Anthem Country Club, includes 5 bedrooms plus the timely den/zoom room Gorgeous and very private backyard with pool/spa, elevated built in BBQ area, and most charming rose garden. Home offers incredibly large Family room and kitchen area with radiant natural light throughout home. Dramatic entry into sizable Master bedroom. Surround sound in family room and living room, two fireplaces complete the perfect living environment.

SEE MORE

MARKET HIGHLIGHTS

  • 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)
  • 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)

PRICE & RENT TRENDS

Neighborhood: Anthem

NeighborhoodNIR Market*CityMarket2010Year20002019150k200k250k300k350k400k450k500k550k600kPrice in $123k608k

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

Neighborhood: Anthem

NeighborhoodNIR Market*CityMarket2010Year20002019 Q212001400160018002000220024002600Rent in $10802696

* 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
 

$1,125,000$1,375,000$1,250,000

PURCHASE PRICE

$3,636$4,444$4,040

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $4,040
EXPENSES Loan Payment -$4,342
Property Tax -$748
Property Insurance -$115
Property Management Fees -$119
CASH FLOW
-$1,283

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.

$1,250,000

PROJECTED PRICE

$4,040

PROJECTED RENT

0.32%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 4.05%
Appreciation Year (1-5) 4.7%
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$2.5M$3.0M$3.5M

PROJECTED ANNUAL CASH FLOW

11530-$20k-$10k$0.0$10k$20k$30k

PROJECTED PROPERTY VALUE

30 YEAR PROJECTION

  • Appreciation
  • Principal
  • Loan Balance
11530$0.0$500k$1.0M$1.5M$2.0M$2.5M$3.0M$3.5M

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$337,000

INVESTMENT

$337,000

Down Payment
$312,500
Rehab Estimate
$5,750
Closing Costs
$18,750

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

A 65% down payment or higher enables the proceeds from the asset to cover all costs.

$4,342

MONTHLY LOAN PAYMENT

30 yr
Term
3.75%
Interest
25.00%
Down Payment
Term 30 Years
Interest 3.75%
Down Payment $312,500
Loan Amount $937,500
See What Happens When You Reinvest Cash Flow

1

YEARS SAVED

$5,168

INTEREST SAVED

CASH FLOW REINVESTMENT

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

  • $4,040

    LIST RENT
  • $0.9

    LIST RENT PER SQFT
  • $4,004

    COMP ESTIMATED VALUE
  • $0.89

    COMP AVG. RENT PER SQFT
Comps Range
$3,600
1$3,6002$3,6003$3,7004$4,0405$4,500
$4,500
RENT COMPS ANALYSIS
  • 33 Anthem Creek Circle Henderson, NV 4
    • 5 beds 5 baths ∙ 4,511 Sqft ∙ Built 2001 5 beds 5 baths ∙ 4,511 Sqft ∙ Built 2001
    • Rent
    • Rent Per SQFT
    •  
    • $4,040
    • $0.90
    •  
  • 3080 Via Flaminia Court Henderson, NV 1
    • 5 beds 3 baths ∙ 4,331 Sqft ∙ Built 2002 5 beds 3 baths ∙ 4,331 Sqft ∙ Built 2002
    LEASED 10/01/19
    • Rent
    • Rent Per SQFT
    •  
    • $3,600
    • $0.83
    •  
  • 2834 Poseidon Shore Avenue Henderson, NV 2
    • 5 beds 5 baths ∙ 4,282 Sqft ∙ Built 2018 5 beds 5 baths ∙ 4,282 Sqft ∙ Built 2018
    LEASED 01/28/20
    • Rent
    • Rent Per SQFT
    •  
    • $3,600
    • $0.84
    •  
  • 1208 Martini Drive Henderson, NV 3
    • 4 beds 5 baths ∙ 4,203 Sqft ∙ Built 2002 4 beds 5 baths ∙ 4,203 Sqft ∙ Built 2002
    LEASED 04/27/20
    • Rent
    • Rent Per SQFT
    •  
    • $3,700
    • $0.88
    •  
  • 2696 Botticelli Drive Henderson, NV 5
    • 4 beds 5 baths ∙ 4,497 Sqft ∙ Built 2002 4 beds 5 baths ∙ 4,497 Sqft ∙ Built 2002
    LEASED 08/07/19
    • Rent
    • Rent Per SQFT
    •  
    • $4,500
    • $1.00
    •  
PROPERTY LISTING DETAILS
Lydia D Zeller
1.702.217.5759
Windermere Anthem Hills
Gabriela Lara
1.866.250.5610
Mynd Property Management
1453579
Greater Las Vegas Association of Realtors ( GLVAR)
MLS #: 2265237
Last Updated: 01/29/2021
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