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

3357 Casalette Lane Henderson, NV 89044

4 Beds 2 Baths 2,716 sqft Built 2019

$550,000

List Price

$2,290

$2.1K - $2.5K

Rent Est.

PROPERTY INFO

February 14, 2021 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 2019
  • Price/Sqft : $202.50
  • 3 Days on Market
  • MLS # : 2270031
  • Updated Date : 02/14/2021 at 01:30
CONSTRUCTION
  • Beds : 4
  • Floor Size : 2,716 sqft
  • Baths : 2 full
Listing Agent

Realty One Group, Inc

Listing Agent's Description

Just over 2 years LIKE BRAND NEW home. IMMACULATE, WELL KEPT, NON SMOKING home. Conveniently located near shopping, dining, schools, and located WITHIN 5 Miles of Freeway Access. UPGRADED tile & carpet. Very clean!! BEDROOM DOWNSTAIRS as well as a FULL BATH down. CUSTOM soft/slow close CABINETS in kitchen along with KITCHEN ISLAND with BREAKFAST BAR. 4 matching blue counter height BAR STOOLS INCLUDED. UPGRADED APPLIANCE PACKAGE valued at over 15k STAYS WITH THE HOME, which INCLUDES LG STUDIO stainless steel FRENCH DOOR FRIDGE, OVEN, DISHWASHER, MICROWAVE, AND THE LG stainless steel WASHER & DRYER SET! Lots of other BONUSES INCLUDED with the home like a CURVED 75" SAMSUNG SMART TV, a 65" SAMSUNG flat screen SMART TV, sofa & loveseat in living room, and the IKEA wall mounted ENTERTAINMENT CENTER. PRIVATE BACKYARD features SYNTHETIC GRASS along with a BUILT IN FIREPIT & BBQ STUB. Great for entertaining! 2 HVAC units along with SOLAR to keep you cool during hot summer months! RING DOORBELL

SEE MORE

MARKET HIGHLIGHTS

  • 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)
  • As the largest share, Las Vegas metro contributes to 75.1% of Nevada state's economy i.e. Gross State Product (USMayors.org, 2018)

PRICE & RENT TRENDS

Neighborhood: West Henderson

NeighborhoodNIR Market*CityMarket2010Year20002019150k200k250k300k350k400k450k500kPrice in $123k546k

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

Neighborhood: West Henderson

NeighborhoodNIR Market*CityMarket2010Year20002019 Q212001400160018002000220024002600Rent in $10802664

* 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
 

$495,000$605,000$550,000

PURCHASE PRICE

$2,061$2,519$2,290

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $2,290
EXPENSES Loan Payment -$1,910
Property Tax -$365
Property Insurance -$80
Property Management Fees -$119
CASH FLOW
-$184

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.

$550,000

PROJECTED PRICE

$2,290

PROJECTED RENT

0.42%

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$1.6M$1.8M

PROJECTED ANNUAL CASH FLOW

11530-$5.0k$0.0$5.0k$10k$15k$20k

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$151,500

INVESTMENT

$151,500

Down Payment
$137,500
Rehab Estimate
$5,750
Closing Costs
$8,250

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

A 55% down payment or higher enables the proceeds from the asset to cover all costs.

$1,910

MONTHLY LOAN PAYMENT

30 yr
Term
3.75%
Interest
25.00%
Down Payment
Term 30 Years
Interest 3.75%
Down Payment $137,500
Loan Amount $412,500
See What Happens When You Reinvest Cash Flow

4.08

YEARS SAVED

$21,122

INTEREST SAVED

CASH FLOW REINVESTMENT

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

  • $2,290

    LIST RENT
  • $0.84

    LIST RENT PER SQFT
  • $2,580

    COMP ESTIMATED VALUE
  • $0.95

    COMP AVG. RENT PER SQFT
Comps Range
$2,100
1$2,1002$2,2003$2,2904$2,5005$2,700
$2,700
RENT COMPS ANALYSIS
  • 3357 Casalette Lane Henderson, NV 3
    • 4 beds 2 baths ∙ 2,716 Sqft ∙ Built 2019 4 beds 2 baths ∙ 2,716 Sqft ∙ Built 2019
    • Rent
    • Rent Per SQFT
    •  
    • $2,290
    • $0.84
    •  
  • 2609 Via Firenze #0 Henderson, NV 1
    • 4 beds 2 baths ∙ 2,418 Sqft ∙ Built 2016 4 beds 2 baths ∙ 2,418 Sqft ∙ Built 2016
    LEASED 09/09/19
    • Rent
    • Rent Per SQFT
    •  
    • $2,100
    • $0.87
    •  
  • 3338 Casalette Lane Henderson, NV 2
    • 3 beds 3 baths ∙ 2,387 Sqft ∙ Built 2019 3 beds 3 baths ∙ 2,387 Sqft ∙ Built 2019
    LEASED 03/25/20
    • Rent
    • Rent Per SQFT
    •  
    • $2,200
    • $0.92
    •  
  • 2606 Marvel Astoria Street Henderson, NV 4
    • 4 beds 4 baths ∙ 2,488 Sqft ∙ Built 2015 4 beds 4 baths ∙ 2,488 Sqft ∙ Built 2015
    LEASED 11/20/20
    • Rent
    • Rent Per SQFT
    •  
    • $2,500
    • $1.00
    •  
  • 2932 Capobella Avenue Henderson, NV 5
    • 5 beds 2 baths ∙ 2,678 Sqft ∙ Built 2018 5 beds 2 baths ∙ 2,678 Sqft ∙ Built 2018
    LEASED 10/06/20
    • Rent
    • Rent Per SQFT
    •  
    • $2,700
    • $1.01
    •  
PROPERTY LISTING DETAILS
Antonia Ingram
1.702.330.1236
Realty One Group, Inc
Gabriela Lara
1.866.250.5610
Mynd Property Management
1453579
Greater Las Vegas Association of Realtors ( GLVAR)
MLS #: 2270031
Last Updated: 02/14/2021
BESbswy