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412 Via Sonador Henderson, NV 89012

4 Beds 3 Baths 4,071 sqft Built 2002

$619,000

List Price

$3,630

$3.4K - $3.9K

Rent Est.

PROPERTY INFO

February 13, 2021 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 2002
  • Price/Sqft : $152.05
  • 3 Days on Market
  • MLS # : 2270004
  • Updated Date : 02/13/2021 at 22:06
CONSTRUCTION
  • Beds : 4
  • Floor Size : 4,071 sqft
  • Baths : 3 full
Listing Agent

Black & Cherry Real Estate

Listing Agent's Description

ABSOLUTE STUNNER***4071 sq ft of spacious living, open kitchen w/ granite counters, center island, custom cabinets, family room w/ 2 way fireplace, vaulted ceilings, upgraded tile floors, carpet upstairs, formal dining area, guest bedroom with 3/4 bathroom on first floor, huge master retreat with dual walk-in closets, balcony access with gorgeous mountain views, master bathroom with walk-in shower, separate soaking tub, dual sinks, oversized 4 car/boat garage, private backyard, desert landscaped, covered patio, located near top ranked schools, shopping, dining & entertainment.

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: MacDonald Highlands

NeighborhoodNIR Market*CityMarket2010Year20002019150k200k250k300k350k400k450k500kPrice in $123k549k

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

Neighborhood: MacDonald Highlands

NeighborhoodNIR Market*CityMarket2010Year20002019 Q2110012001300140015001600170018001900200021002200230024002500Rent in $10802503

* 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
John Vanderburg Elementary School Primary Regular 929 45 10
Bob Miller Middle School Middle Regular 1,600 59 NA
Foothill High School High Regular 2,883 109 7

John Vanderburg Elementary School

  • Education Level: Primary
  • # of students: 929
  • # of teachers: 45
10
GreatSchools Rating

Bob Miller Middle School

  • Education Level: Middle
  • # of students: 1,600
  • # of teachers: 59
NA
GreatSchools Rating

Foothill High School

  • Education Level: High
  • # of students: 2,883
  • # of teachers: 109
7
GreatSchools Rating
 

$557,100$680,900$619,000

PURCHASE PRICE

$3,267$3,993$3,630

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $3,630
EXPENSES Loan Payment -$2,150
Property Tax -$479
Property Insurance -$106
Property Management Fees -$119
CASH FLOW
$776

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.

$619,000

PROJECTED PRICE

$3,630

PROJECTED RENT

0.59%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 4.05%
Appreciation Year (1-5) 6.4%
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

PROJECTED ANNUAL CASH FLOW

11530$0.0$10k$20k$30k$40k$50k

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$1.8M

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$169,785

INVESTMENT

$169,785

Down Payment
$154,750
Rehab Estimate
$5,750
Closing Costs
$9,285

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

A 25% down payment or higher enables the proceeds from the asset to cover all costs.

$2,150

MONTHLY LOAN PAYMENT

30 yr
Term
3.75%
Interest
25.00%
Down Payment
Term 30 Years
Interest 3.75%
Down Payment $154,750
Loan Amount $464,250
See What Happens When You Reinvest Cash Flow

12.17

YEARS SAVED

$118,122

INTEREST SAVED

CASH FLOW REINVESTMENT

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

  • $3,630

    LIST RENT
  • $0.89

    LIST RENT PER SQFT
  • $3,674

    COMP ESTIMATED VALUE
  • $0.9

    COMP AVG. RENT PER SQFT
Comps Range
$3,400
1$3,4002$3,6303$3,7004$3,7005$4,000
$4,000
RENT COMPS ANALYSIS
  • 412 Via Sonador Henderson, NV 2
    • 4 beds 3 baths ∙ 4,071 Sqft ∙ Built 2002 4 beds 3 baths ∙ 4,071 Sqft ∙ Built 2002
    • Rent
    • Rent Per SQFT
    •  
    • $3,630
    • $0.89
    •  
  • 1384 Calle Calma #- Las Vegas, NV 1
    • 5 beds 4 baths ∙ 4,145 Sqft ∙ Built 2002 5 beds 4 baths ∙ 4,145 Sqft ∙ Built 2002
    LEASED 06/19/20
    • Rent
    • Rent Per SQFT
    •  
    • $3,400
    • $0.82
    •  
  • 1256 Ardia Street Henderson, NV 3
    • 5 beds 5 baths ∙ 4,197 Sqft ∙ Built 2006 5 beds 5 baths ∙ 4,197 Sqft ∙ Built 2006
    LEASED 10/17/19
    • Rent
    • Rent Per SQFT
    •  
    • $3,700
    • $0.88
    •  
  • 1289 Vietti Street Henderson, NV 4
    • 5 beds 5 baths ∙ 3,975 Sqft ∙ Built 2006 5 beds 5 baths ∙ 3,975 Sqft ∙ Built 2006
    LEASED 08/05/20
    • Rent
    • Rent Per SQFT
    •  
    • $3,700
    • $0.93
    •  
  • 1308 Calle Cantar Henderson, NV 5
    • 4 beds 3 baths ∙ 4,071 Sqft ∙ Built 2002 4 beds 3 baths ∙ 4,071 Sqft ∙ Built 2002
    LEASED 05/08/20
    • Rent
    • Rent Per SQFT
    •  
    • $4,000
    • $0.98
    •  
PROPERTY LISTING DETAILS
Eloff E Perez
1.702.795.4663
Black & Cherry Real Estate
Gabriela Lara
1.866.250.5610
Mynd Property Management
1453579
Greater Las Vegas Association of Realtors ( GLVAR)
MLS #: 2270004
Last Updated: 02/13/2021
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