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3376 Aultmore Lane Henderson, NV 89044

3 Beds 3 Baths 2,100 sqft Built 2019

$520,000

List Price

$2,190

$2K - $2.4K

Rent Est.

PROPERTY INFO

Built 2019 NEW CONSTRUCTION
December 12, 2020 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 2019
  • Price/Sqft : $247.62
  • 2 Days on Market
  • MLS # : 2255301
  • Updated Date : 12/12/2020 at 21:17
CONSTRUCTION
  • Beds : 3
  • Floor Size : 2,100 sqft
  • Baths : 2 full , 1 half
Listing Agent

Urban Nest Realty

Listing Agent's Description

Welcome home to this gorgeous "Model-Like" home in Inspirada. Marin community by Toll Brothers boasts 2.5 miles from Raiders practice facility and close to parks, pools, leisure, playgrounds, Amazon center and shopping. Custom flooring with amazing kitchen w/granite, stainless appliances, sep laundry room, water softener, tankless water heater, BBQ stub, 3 car garage with epoxy flooring and high storage. Shutters throughout, low E (3M) windows, beautiful Master bath with huge shower! Plenty of privacy and goregous living you wont want to miss!

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: 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
 

$468,000$572,000$520,000

PURCHASE PRICE

$1,971$2,409$2,190

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $2,190
EXPENSES Loan Payment -$1,919
Property Tax -$406
Property Insurance -$68
Property Management Fees -$119
CASH FLOW
-$321

This is the estimated cash flow generated during a typical maintenance-free month. It is recommended that investors set aside 11% of earned rent to cover both maintenance and periods of vacancy.

$520,000

PROJECTED PRICE

$2,190

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) 3.00%
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

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$139,800

INVESTMENT

$139,800

Down Payment
$130,000
Rehab Estimate
$2,000
Closing Costs
$7,800

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

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

$1,919

MONTHLY LOAN PAYMENT

30 yr
Term
4.25%
Interest
25.00%
Down Payment
Term 30 Years
Interest 4.25%
Down Payment $130,000
Loan Amount $390,000
See What Happens When You Reinvest Cash Flow

2.83

YEARS SAVED

$13,643

INTEREST SAVED

CASH FLOW REINVESTMENT

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

  • $2,190

    LIST RENT
  • $1.04

    LIST RENT PER SQFT
  • $1,922

    COMP ESTIMATED VALUE
  • $0.92

    COMP AVG. RENT PER SQFT
Comps Range
$1,790
1$1,7902$1,8953$1,9004$2,1905$2,200
$2,200
RENT COMPS ANALYSIS
  • 3376 Aultmore Lane Henderson, NV 4
    • 3 beds 3 baths ∙ 2,100 Sqft ∙ Built 2019 3 beds 3 baths ∙ 2,100 Sqft ∙ Built 2019
    • Rent
    • Rent Per SQFT
    •  
    • $2,190
    • $1.04
    •  
  • 3111 Paladi Avenue Henderson, NV 1
    • 3 beds 3 baths ∙ 2,039 Sqft ∙ Built 2015 3 beds 3 baths ∙ 2,039 Sqft ∙ Built 2015
    LEASED 08/11/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,790
    • $0.88
    •  
  • 3114 Paladi Henderson, NV 2
    • 4 beds 1 baths ∙ 2,039 Sqft ∙ Built 2017 4 beds 1 baths ∙ 2,039 Sqft ∙ Built 2017
    LEASED 05/04/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,895
    • $0.93
    •  
  • 3115 Paladi Avenue Henderson, NV 3
    • 3 beds 3 baths ∙ 2,040 Sqft ∙ Built 2015 3 beds 3 baths ∙ 2,040 Sqft ∙ Built 2015
    LEASED 05/21/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,900
    • $0.93
    •  
  • 3338 Casalette Lane Henderson, NV 5
    • 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
    •  
PROPERTY LISTING DETAILS
Timothy R Carroll
1.702.376.7123
Urban Nest Realty
Gabriela Lara
1.866.250.5610
Mynd Property Management
1453579
Greater Las Vegas Association of Realtors ( GLVAR)
MLS #: 2255301
Last Updated: 12/12/2020
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