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82 Moonlight Village Lane Henderson, NV 89012

3 Beds 1 Baths 1,976 sqft Built 1996

$429,800

List Price

$1,870

$1.7K - $2.1K

Rent Est.

PROPERTY INFO

January 29, 2021 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 1996
  • Price/Sqft : $217.51
  • 3 Days on Market
  • MLS # : 2265135
  • Updated Date : 01/30/2021 at 20:38
CONSTRUCTION
  • Beds : 3
  • Floor Size : 1,976 sqft
  • Baths : 1 full
Listing Agent

Keller Williams Realty Las Vegas

Listing Agent's Description

Modern contemporary remodeled masterpiece in an accessible, energy efficient single story! AMAZING neighborhood, so close to the popular District, Green Valley Ranch, and all the amazing parks and amenities that the surrounding community has to offer! Over $100,000 spent to renovate and upgrade this beauty; kitchen open to living area, industrial Wolf 6 burner cooktop / hood / built-in oven / microwave, Sub-Zero flush-depth fridge, new quartz counters & cabinets with soft-close drawers & doors, plantation shutters throughout, massive multi-head walk-in primary shower, low maintenance yet lush landscaping, gazebo & patio furniture in yard, dog run, more! High-def walk-through video available; just ask... thanks for looking!

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: Green Valley Ranch

NeighborhoodNIR Market*CityMarket2010Year20002019140k160k180k200k220k240k260k280k300k320k340k360k380kPrice in $123k396k

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

Neighborhood: Green Valley Ranch

NeighborhoodNIR Market*CityMarket2010Year20002019 Q21100120013001400150016001700180019002000Rent in $10802045

* 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
Coronado High School High Regular 3,240 124 10

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

Coronado High School

  • Education Level: High
  • # of students: 3,240
  • # of teachers: 124
10
GreatSchools Rating
 

$386,820$472,780$429,800

PURCHASE PRICE

$1,683$2,057$1,870

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $1,870
EXPENSES Loan Payment -$1,493
Property Tax -$216
Property Insurance -$65
Property Management Fees -$119
CASH FLOW
-$23

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.

$429,800

PROJECTED PRICE

$1,870

PROJECTED RENT

0.44%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 4.05%
Appreciation Year (1-5) 8.1%
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$200k$400k$600k$800k$1.0M$1.2M$1.4M

PROJECTED ANNUAL CASH FLOW

11530$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

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$119,647

INVESTMENT

$119,647

Down Payment
$107,450
Rehab Estimate
$5,750
Closing Costs
$6,447

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

A 50% down payment or higher enables the proceeds from the asset to cover all costs.

$1,493

MONTHLY LOAN PAYMENT

30 yr
Term
3.75%
Interest
25.00%
Down Payment
Term 30 Years
Interest 3.75%
Down Payment $107,450
Loan Amount $322,350
See What Happens When You Reinvest Cash Flow

5.67

YEARS SAVED

$27,106

INTEREST SAVED

CASH FLOW REINVESTMENT

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

  • $1,870

    LIST RENT
  • $0.95

    LIST RENT PER SQFT
  • $1,892

    COMP ESTIMATED VALUE
  • $0.96

    COMP AVG. RENT PER SQFT
Comps Range
$1,700
1$1,7002$1,7503$1,8504$1,8705$1,925
$1,925
RENT COMPS ANALYSIS
  • 82 Moonlight Village Lane Henderson, NV 4
    • 3 beds 1 baths ∙ 1,976 Sqft ∙ Built 1996 3 beds 1 baths ∙ 1,976 Sqft ∙ Built 1996
    • Rent
    • Rent Per SQFT
    •  
    • $1,870
    • $0.95
    •  
  • 5 Ladasa Court Henderson, NV 1
    • 3 beds 3 baths ∙ 1,827 Sqft ∙ Built 2013 3 beds 3 baths ∙ 1,827 Sqft ∙ Built 2013
    LEASED 01/30/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,700
    • $0.93
    •  
  • 1734 Summerwood Circle Henderson, NV 2
    • 3 beds 2 baths ∙ 1,976 Sqft ∙ Built 1996 3 beds 2 baths ∙ 1,976 Sqft ∙ Built 1996
    LEASED 11/02/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,750
    • $0.89
    •  
  • 42 Trailside Court Henderson, NV 3
    • 3 beds 2 baths ∙ 1,777 Sqft ∙ Built 1995 3 beds 2 baths ∙ 1,777 Sqft ∙ Built 1995
    LEASED 10/01/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,850
    • $1.04
    •  
  • 74 Graythorn Mountain Court Henderson, NV 5
    • 3 beds 2 baths ∙ 1,976 Sqft ∙ Built 1996 3 beds 2 baths ∙ 1,976 Sqft ∙ Built 1996
    LEASED 03/19/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,925
    • $0.97
    •  
PROPERTY LISTING DETAILS
Paul Benedict
1.702.338.7363
Keller Williams Realty Las Vegas
Gabriela Lara
1.866.250.5610
Mynd Property Management
1453579
Greater Las Vegas Association of Realtors ( GLVAR)
MLS #: 2265135
Last Updated: 01/30/2021
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