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PROPERTY INFO
FACTS
- Single Family
- Built In 2005
- Price/Sqft : $179.39
- 4 Days on Market
- MLS # : 2256566
- Updated Date : 12/18/2020 at 04:11
CONSTRUCTION
- Beds : 3
- Floor Size : 1,572 sqft
- Baths : 3 full
Listing Agent
Owners.com
Listing Agent's Description
The property at 7877 Wildebeest Ct, Las Vegas, NV 89149 is a residential single family home with 3 bedrooms and 3 bathrooms. It was built in 2005, is approximately 1,572 square feet and sits on a lot that is roughly 2,614 square feet. This Clark county winner may be just the one you are looking for. Check out the opportunity today.
SEE MORE
- 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: Antelope
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
Neighborhood: Antelope
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
SCHOOLS
FINANCIALS
PROJECTED BASIC MONTHLY INCOME STATEMENT
| INCOME | Rent | $1,450 |
| EXPENSES | Loan Payment | -$1,040 |
| Property Tax | -$218 | |
| Property Insurance | -$58 | |
| Property Management Fees | -$119 | |
|
CASH FLOW
$15
|
||
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.
$282,000
PROJECTED PRICE
$1,450
PROJECTED RENT
0.51%
PROJECTED RENT / PRICE RATIO
| Expense Inflation | 2.50% |
| Rental Growth Year (1-5) | 4.05% |
| Appreciation Year (1-5) | 11.7% |
| Maintenance Year (1-5) | 8.00% |
| Vacancy | 7.57% |
| Length of Stay Years | 2 |
PROJECTED ACCUMULATED WEALTH
30 YEAR PROJECTION
- Cash Flow
- Appreciation
- Principal
PROJECTED ANNUAL CASH FLOW
PROJECTED PROPERTY VALUE
30 YEAR PROJECTION
- Appreciation
- Principal
- Loan Balance
TOTAL CASH OUT OF POCKET
INVESTMENT
$80,480
LOAN DETAILS
$1,040
MONTHLY LOAN PAYMENT
| Term | 30 Years |
| Interest | 4.25% |
| Down Payment | $70,500 |
| Loan Amount | $211,500 |
6.33
YEARS SAVED
$23,919
INTEREST SAVED
CASH FLOW REINVESTMENT
The time & interest saved by applying each month's positive cash flow towards loan principal pay down.
-
$1,450
LIST RENT -
$0.92
LIST RENT PER SQFT
-
$1,442
COMP ESTIMATED VALUE -
$0.92
COMP AVG. RENT PER SQFT
Comps Range
-
7877 Wildebeest Court Las Vegas, NV 5
- 3 beds 3 baths ∙ 1,572 Sqft ∙ Built 2005 3 beds 3 baths ∙ 1,572 Sqft ∙ Built 2005
![property image]()
- Rent
- Rent Per SQFT
- $1,450
- $0.92
-
9833 Fountain Walk Avenue Las Vegas, NV 1
- 3 beds 3 baths ∙ 1,453 Sqft ∙ Built 2005 3 beds 3 baths ∙ 1,453 Sqft ∙ Built 2005
![property image]()
LEASED 06/17/20- Rent
- Rent Per SQFT
- $1,295
- $0.89
-
9545 Gibbon Avenue Las Vegas, NV 2
- 3 beds 3 baths ∙ 1,541 Sqft ∙ Built 2005 3 beds 3 baths ∙ 1,541 Sqft ∙ Built 2005
![property image]()
LEASED 02/05/20- Rent
- Rent Per SQFT
- $1,425
- $0.92
-
9520 Gibbon Avenue Las Vegas, NV 3
- 3 beds 3 baths ∙ 1,541 Sqft ∙ Built 2006 3 beds 3 baths ∙ 1,541 Sqft ∙ Built 2006
![property image]()
LEASED 03/17/20- Rent
- Rent Per SQFT
- $1,450
- $0.94
-
7877 Sambar Court Las Vegas, NV 4
- 3 beds 3 baths ∙ 1,572 Sqft ∙ Built 2005 3 beds 3 baths ∙ 1,572 Sqft ∙ Built 2005
![property image]()
LEASED 08/24/20- Rent
- Rent Per SQFT
- $1,450
- $0.92
PROPERTY LISTING DETAILS
1.888.876.3372
Owners.com
1.866.250.5610
Mynd Property Management
1453579
MLS #: 2256566
Last Updated: 12/18/2020
