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49 Brandermill Drive Henderson, NV 89052

6 Beds 6 Baths 3,919 sqft Built 2002

$1,450,000

List Price

$4,270

$4K - $4.5K

Rent Est.

PROPERTY INFO

December 18, 2020 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 2002
  • Price/Sqft : $369.99
  • 3 Days on Market
  • MLS # : 2256528
  • Updated Date : 12/18/2020 at 01:08
CONSTRUCTION
  • Beds : 6
  • Floor Size : 3,919 sqft
  • Baths : 5 full , 1 half
Listing Agent

Bhhs Nevada Properties

Listing Agent's Description

ANTHEM COUNTRY CLUB 1 STORY FORMER ELINGTON MODEL WITH CASITA/GUEST HOUSE TOTAL SQ FT 4255, GOLF COURSE TEE BOX FRONTAGE, HOLE #4 PAR 3, PREMIUM ELEVATED LOT, SUPER FABULOUS MODEL UPGRADES! LOCATED ON THIS QUAINT STREET WITH PAVERS & GRASSY ISLANDS. GATED CRTYARD ENTRY WITH SERENE SOUNDS FROM ZEN TYPE FOUNTAIN. MASTER HAS COUFFERED CEILINGS WITH CROWN MOLDING & FRENCH DOOR TO COVERED PATIO, ELEGANT MARBLE MASTER BATH, STEAM SHOWER, 2 WALKIN CLOSETS, MAKEUP VANITY, EXTENSIVE CUSTOM BUILTINS THROUGHOUT, 12 FT CEILINGS,LIVRM HAS CUSTOM WOOD BEAMS & SHIPLACK ON CEILINGS, STUNNING MARBLE & WOOD FLRS, FAMILY RM HAS FIREPLACE, WET BAR WITH FRIDGE & ICEMAKER, KITCHEN OPENS TO FAMRM, DOUBLE OVENS, GE MONOGRAM REFRIGERATOR & COOKTOP/RANGE, POWERFUL VENT-A-HOOD, ADVANTIUM MICROWAVE, GRANITE ISLAND, WHITE CABINETS W/ROLLOUTS, WALKIN PANTRY, DETACHED 336SF CASITA WITH WET BAR, REFRIGERATOR, FULL BATH. EXTRAORDINARY REAR YARD LANDSCAPING, ARTIFICIAL TURF, FIREPIT & CUSTOM CONCRETE/FLAGSTONE DESIGN.

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: 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
 

$1,305,000$1,595,000$1,450,000

PURCHASE PRICE

$3,843$4,697$4,270

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $4,270
EXPENSES Loan Payment -$5,350
Property Tax -$822
Property Insurance -$103
Property Management Fees -$119
CASH FLOW
-$2,124

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.

$1,450,000

PROJECTED PRICE

$4,270

PROJECTED RENT

0.29%

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$4.0M

PROJECTED ANNUAL CASH FLOW

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

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$4.0M

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$390,000

INVESTMENT

$390,000

Down Payment
$362,500
Rehab Estimate
$5,750
Closing Costs
$21,750

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

A 70% down payment or higher enables the proceeds from the asset to cover all costs.

$5,350

MONTHLY LOAN PAYMENT

30 yr
Term
4.25%
Interest
25.00%
Down Payment
Term 30 Years
Interest 4.25%
Down Payment $362,500
Loan Amount $1,087,500
See What Happens When You Reinvest Cash Flow

0.25

YEARS SAVED

$411

INTEREST SAVED

CASH FLOW REINVESTMENT

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

  • $4,270

    LIST RENT
  • $1.09

    LIST RENT PER SQFT
  • $4,206

    COMP ESTIMATED VALUE
  • $1.07

    COMP AVG. RENT PER SQFT
Comps Range
$3,850
1$3,8502$4,2703$4,5174$4,795
$4,795
RENT COMPS ANALYSIS
  • 49 Brandermill Drive Henderson, NV 2
    • 6 beds 6 baths ∙ 3,919 Sqft ∙ Built 2002 6 beds 6 baths ∙ 3,919 Sqft ∙ Built 2002
    • Rent
    • Rent Per SQFT
    •  
    • $4,270
    • $1.09
    •  
  • 2940 Carmelo Drive #0 Henderson, NV 1
    • 5 beds 5 baths ∙ 4,045 Sqft ∙ Built 2000 5 beds 5 baths ∙ 4,045 Sqft ∙ Built 2000
    LEASED 08/31/20
    • Rent
    • Rent Per SQFT
    •  
    • $3,850
    • $0.95
    •  
  • 16 Pine Hollow Drive Henderson, NV 3
    • 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
    •  
  • 10 Holly Tree Court Henderson, NV 4
    • 6 beds 6 baths ∙ 4,163 Sqft ∙ Built 2003 6 beds 6 baths ∙ 4,163 Sqft ∙ Built 2003
    LEASED 06/25/19
    • Rent
    • Rent Per SQFT
    •  
    • $4,795
    • $1.15
    •  
PROPERTY LISTING DETAILS
Ellen Fahr
1.702.595.4881
Bhhs Nevada Properties
Gabriela Lara
1.866.250.5610
Mynd Property Management
1453579
Greater Las Vegas Association of Realtors ( GLVAR)
MLS #: 2256528
Last Updated: 12/18/2020
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