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4 Perry Park Court Henderson, NV 89052

5 Beds 5 Baths 3,677 sqft Built 2002

$1,150,000

List Price

$3,870

$3.6K - $4.1K

Rent Est.

PROPERTY INFO

FACTS
  • Single Family
  • Built In 2002
  • Price/Sqft : $312.75
  • 9 Days on Market
  • MLS # : 2262293
  • Updated Date : 01/23/2021 at 21:30
CONSTRUCTION
  • Beds : 5
  • Floor Size : 3,677 sqft
  • Baths : 4 full , 1 half
Listing Agent

Sansone Real Estate Services

Listing Agent's Description

Stunning, UPGRADED home ON A CUL-DE-SAC in the BEAUTIFUL Anthem Country Club that has ENDLESS AMENITIES!! Featuring 5 beds..4 in the main home and 1 in the **CASITA** AND 4 1/2 baths! **A/C'S REPLACED IN 2018** **3 CAR GARAGE** epoxy floors, tons of STORAGE! Privacy gate and courtyard upon entry! Light gray hardwood downstairs. Living room AND family room with gas fireplace that features piece designed with Caesar stone! Formal dining room AND breakfast nook! This kitchen has it ALL with stainless steel appliances, built in fridge and double ovens, 5 burner gas cooktop, overhead microwave, farmhouse sink, center island WITH storage and outlets, ample sized pantry! Primary bed/bath features a 34 foot balcony, HUGE seating room, CUSTOM walk-in-closet, double vanity, soaker tub with JETS and separate stand up shower. 2 upstairs bedrooms are "Jack and Jill style," 4th bedroom upstairs has it's own private full bathroom! Water filtration system..POOL SIZED LOT! DO NOT MISS!

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: 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
 

$1,035,000$1,265,000$1,150,000

PURCHASE PRICE

$3,483$4,257$3,870

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $3,870
EXPENSES Loan Payment -$3,994
Property Tax -$528
Property Insurance -$98
Property Management Fees -$119
CASH FLOW
-$870

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.

$1,150,000

PROJECTED PRICE

$3,870

PROJECTED RENT

0.34%

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

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

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$310,500

INVESTMENT

$310,500

Down Payment
$287,500
Rehab Estimate
$5,750
Closing Costs
$17,250

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

A 60% down payment or higher enables the proceeds from the asset to cover all costs.

$3,994

MONTHLY LOAN PAYMENT

30 yr
Term
3.75%
Interest
25.00%
Down Payment
Term 30 Years
Interest 3.75%
Down Payment $287,500
Loan Amount $862,500
See What Happens When You Reinvest Cash Flow

2.08

YEARS SAVED

$15,985

INTEREST SAVED

CASH FLOW REINVESTMENT

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

  • $3,870

    LIST RENT
  • $1.05

    LIST RENT PER SQFT
  • $4,026

    COMP ESTIMATED VALUE
  • $1.1

    COMP AVG. RENT PER SQFT
Comps Range
$3,870
1$3,8702$3,8953$3,8954$4,5005$4,517
$4,517
RENT COMPS ANALYSIS
  • 4 Perry Park Court Henderson, NV 1
    • 5 beds 5 baths ∙ 3,677 Sqft ∙ Built 2002 5 beds 5 baths ∙ 3,677 Sqft ∙ Built 2002
    • Rent
    • Rent Per SQFT
    •  
    • $3,870
    • $1.05
    •  
  • 7 Contra Costa Place Henderson, NV 2
    • 4 beds 4 baths ∙ 3,848 Sqft ∙ Built 2003 4 beds 4 baths ∙ 3,848 Sqft ∙ Built 2003
    LEASED 05/27/20
    • Rent
    • Rent Per SQFT
    •  
    • $3,895
    • $1.01
    •  
  • 34 Candlewyck Drive Henderson, NV 3
    • 4 beds 5 baths ∙ 3,592 Sqft ∙ Built 2002 4 beds 5 baths ∙ 3,592 Sqft ∙ Built 2002
    LEASED 07/18/20
    • Rent
    • Rent Per SQFT
    •  
    • $3,895
    • $1.08
    •  
  • 17 Stonemark Drive Henderson, NV 4
    • 4 beds 4 baths ∙ 3,848 Sqft ∙ Built 2003 4 beds 4 baths ∙ 3,848 Sqft ∙ Built 2003
    LEASED 12/21/20
    • Rent
    • Rent Per SQFT
    •  
    • $4,500
    • $1.17
    •  
  • 16 Pine Hollow Drive Henderson, NV 5
    • 5 beds 5 baths ∙ 4,025 Sqft ∙ Built 2004 5 beds 5 baths ∙ 4,025 Sqft ∙ Built 2004
    LEASED 06/06/20
    • Rent
    • Rent Per SQFT
    •  
    • $4,517
    • $1.12
    •  
PROPERTY LISTING DETAILS
Devon M Sansone
1.702.321.1927
Sansone Real Estate Services
Gabriela Lara
1.866.250.5610
Mynd Property Management
1453579
Greater Las Vegas Association of Realtors ( GLVAR)
MLS #: 2262293
Last Updated: 01/23/2021
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