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8220 Antler Pines Court Las Vegas, NV 89149

4 Beds 3 Baths 2,821 sqft Built 1998

$434,999

List Price

$1,980

$1.8K - $2.2K

Rent Est.

PROPERTY INFO

December 17, 2020 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 1998
  • Price/Sqft : $154.20
  • 4 Days on Market
  • MLS # : 2256307
  • Updated Date : 12/18/2020 at 16:32
CONSTRUCTION
  • Beds : 4
  • Floor Size : 2,821 sqft
  • Baths : 2 full , 1 half
Listing Agent

Platinum R.e. Professionals

Listing Agent's Description

Amazing two story home in gated community! Curb appeal! Upgrades throughout include pergo flooring throughout, bright white kitchen offers windows throughout, kitchen cabinets have been refaced. Stainless steel appliances, all appliances stay. Upstairs offers 4 bedrooms along with retreat off master that has been separated off. Large Master Bath.

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: Timberlake Street

NeighborhoodNIR Market*CityMarket2010Year20002019150k200k250k300k350k400k450kPrice in $119k483k

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

Neighborhood: Timberlake Street

NeighborhoodNIR Market*CityMarket2010Year20002019 Q2110012001300140015001600170018001900200021002200Rent in $10762240

* 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
Dean Lamar Allen Elementary School Primary Regular 660 32 6
Edmundo Eddie Escobedo Sr Middle School Middle Regular 1,171 47 NA
Centennial High School High Regular 3,055 124 6

Dean Lamar Allen Elementary School

  • Education Level: Primary
  • # of students: 660
  • # of teachers: 32
6
GreatSchools Rating

Edmundo Eddie Escobedo Sr Middle School

  • Education Level: Middle
  • # of students: 1,171
  • # of teachers: 47
NA
GreatSchools Rating

Centennial High School

  • Education Level: High
  • # of students: 3,055
  • # of teachers: 124
6
GreatSchools Rating
 

$391,499$478,499$434,999

PURCHASE PRICE

$1,782$2,178$1,980

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $1,980
EXPENSES Loan Payment -$1,605
Property Tax -$305
Property Insurance -$82
Property Management Fees -$119
CASH FLOW
-$130

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.

$434,999

PROJECTED PRICE

$1,980

PROJECTED RENT

0.46%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 4.05%
Appreciation Year (1-5) 9.3%
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$1.6M

PROJECTED ANNUAL CASH FLOW

11530-$5.0k$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$121,025

INVESTMENT

$121,025

Down Payment
$108,750
Rehab Estimate
$5,750
Closing Costs
$6,525

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

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

$1,605

MONTHLY LOAN PAYMENT

30 yr
Term
4.25%
Interest
25.00%
Down Payment
Term 30 Years
Interest 4.25%
Down Payment $108,750
Loan Amount $326,249
See What Happens When You Reinvest Cash Flow

4.42

YEARS SAVED

$22,417

INTEREST SAVED

CASH FLOW REINVESTMENT

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

  • $1,980

    LIST RENT
  • $0.7

    LIST RENT PER SQFT
  • $2,017

    COMP ESTIMATED VALUE
  • $0.72

    COMP AVG. RENT PER SQFT
Comps Range
$1,695
1$1,6952$1,8003$1,9804$2,2805$2,295
$2,295
RENT COMPS ANALYSIS
  • 8220 Antler Pines Court Las Vegas, NV 3
    • 4 beds 3 baths ∙ 2,821 Sqft ∙ Built 1998 4 beds 3 baths ∙ 2,821 Sqft ∙ Built 1998
    • Rent
    • Rent Per SQFT
    •  
    • $1,980
    • $0.70
    •  
  • 7517 Apple Cider Street Las Vegas, NV 1
    • 3 beds 3 baths ∙ 2,494 Sqft ∙ Built 1998 3 beds 3 baths ∙ 2,494 Sqft ∙ Built 1998
    LEASED 10/02/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,695
    • $0.68
    •  
  • 7545 Tumbling Street Las Vegas, NV 2
    • 3 beds 3 baths ∙ 2,494 Sqft ∙ Built 1999 3 beds 3 baths ∙ 2,494 Sqft ∙ Built 1999
    LEASED 12/19/19
    • Rent
    • Rent Per SQFT
    •  
    • $1,800
    • $0.72
    •  
  • 8321 Fawn Meadow Avenue Las Vegas, NV 4
    • 4 beds 3 baths ∙ 3,107 Sqft ∙ Built 1999 4 beds 3 baths ∙ 3,107 Sqft ∙ Built 1999
    LEASED 04/01/20
    • Rent
    • Rent Per SQFT
    •  
    • $2,280
    • $0.73
    •  
  • 8228 Fawn Brook Court Las Vegas, NV 5
    • 5 beds 3 baths ∙ 3,165 Sqft ∙ Built 1998 5 beds 3 baths ∙ 3,165 Sqft ∙ Built 1998
    LEASED 09/23/20
    • Rent
    • Rent Per SQFT
    •  
    • $2,295
    • $0.73
    •  
PROPERTY LISTING DETAILS
Lisa A Wilson
1.702.497.2665
Platinum R.e. Professionals
Gabriela Lara
1.866.250.5610
Mynd Property Management
1453579
Greater Las Vegas Association of Realtors ( GLVAR)
MLS #: 2256307
Last Updated: 12/18/2020
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