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8365 Hauck Street Las Vegas, NV 89139

5 Beds 3 Baths 3,246 sqft Built 1989

$985,000

List Price

$2,540

$2.3K - $2.8K

Rent Est.

PROPERTY INFO

SINGLE-FAMILY
FACTS
  • Single Family
  • Built In 1989
  • Price/Sqft : $303.45
  • 27 Days on Market
  • MLS # : 2272507
  • Updated Date : 03/18/2021 at 15:00
CONSTRUCTION
  • Beds : 5
  • Floor Size : 3,246 sqft
  • Baths : 3 full
Listing Agent

Coldwell Banker Premier

Listing Agent's Description

Custom one story home on .65 acres with no HOA! Home is on a private well shared with two homes. The home has Anderson windows and doors throughout that have been replaced within the past year. Large 5 bedroom, 3 bath home with plenty of room in the back yard for a guest home or other structure if needed. Outdoors there is a large covered patie, a beautiful pool and spa and a built in BBQ and smoker. The home has high ceilings and has been very well cared for and maintained. Kitchen has been totally remodeled with custom cabinets, bar area with wine fridge, granite countertops, Jenn-Air appliances and the list goes on! The home has an oversized 3 car garage with plenty of privacy and NO HOA!

SEE MORE

MARKET HIGHLIGHTS

  • 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)
  • 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)

PRICE & RENT TRENDS

Neighborhood: Enterprise

NeighborhoodNIR Market*CityMarket2010Year20002019120k140k160k180k200k220k240k260k280k300k320k340k360kPrice in $119k362k

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

Neighborhood: Enterprise

NeighborhoodNIR Market*CityMarket2010Year20002019 Q2100011001200130014001500160017001800Rent in $9981875

* 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
Dr. Beverly S. Mathis Elementary School Primary Unknown NA
Lawrence And Heidi Canarelli Middle School Middle Regular 1,802 70 NA
Desert Oasis High School High Regular 2,417 102 5

Dr. Beverly S. Mathis Elementary School

  • Education Level: Primary
  • # of students:
  • # of teachers:
NA
GreatSchools Rating

Lawrence And Heidi Canarelli Middle School

  • Education Level: Middle
  • # of students: 1,802
  • # of teachers: 70
NA
GreatSchools Rating

Desert Oasis High School

  • Education Level: High
  • # of students: 2,417
  • # of teachers: 102
5
GreatSchools Rating
 

$886,500$1,083,500$985,000

PURCHASE PRICE

$2,286$2,794$2,540

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $2,540
EXPENSES Loan Payment -$3,421
Property Tax -$445
Property Insurance -$90
Property Management Fees -$119
CASH FLOW
-$1,536

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.

$985,000

PROJECTED PRICE

$2,540

PROJECTED RENT

0.26%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 4.05%
Appreciation Year (1-5) 9.8%
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

PROJECTED ANNUAL CASH FLOW

11530-$25k-$20k-$15k-$10k-$5.0k$0.0$5.0k$10k

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

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$266,775

INVESTMENT

$266,775

Down Payment
$246,250
Rehab Estimate
$5,750
Closing Costs
$14,775

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

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

$3,421

MONTHLY LOAN PAYMENT

30 yr
Term
3.75%
Interest
25.00%
Down Payment
Term 30 Years
Interest 3.75%
Down Payment $246,250
Loan Amount $738,750
See What Happens When You Reinvest Cash Flow

0.17

YEARS SAVED

$99

INTEREST SAVED

CASH FLOW REINVESTMENT

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

  • $2,540

    LIST RENT
  • $0.78

    LIST RENT PER SQFT
  • $2,207

    COMP ESTIMATED VALUE
  • $0.68

    COMP AVG. RENT PER SQFT
Comps Range
$2,200
1$2,2002$2,3003$2,4504$2,5405$2,595
$2,595
RENT COMPS ANALYSIS
  • 8365 Hauck Street Las Vegas, NV 4
    • 5 beds 3 baths ∙ 3,246 Sqft ∙ Built 1989 5 beds 3 baths ∙ 3,246 Sqft ∙ Built 1989
    • Rent
    • Rent Per SQFT
    •  
    • $2,540
    • $0.78
    •  
  • 8420 Moondance Cellars Court #0 Las Vegas, NV 1
    • 5 beds 2 baths ∙ 3,558 Sqft ∙ Built 2006 5 beds 2 baths ∙ 3,558 Sqft ∙ Built 2006
    LEASED 02/06/20
    • Rent
    • Rent Per SQFT
    •  
    • $2,200
    • $0.62
    •  
  • 8417 Cambria Cellars Court Las Vegas, NV 2
    • 5 beds 3 baths ∙ 3,517 Sqft ∙ Built 2006 5 beds 3 baths ∙ 3,517 Sqft ∙ Built 2006
    LEASED 09/20/20
    • Rent
    • Rent Per SQFT
    •  
    • $2,300
    • $0.65
    •  
  • 8407 Mondavi Hill Court Las Vegas, NV 3
    • 4 beds 3 baths ∙ 3,419 Sqft ∙ Built 2006 4 beds 3 baths ∙ 3,419 Sqft ∙ Built 2006
    LEASED 03/05/20
    • Rent
    • Rent Per SQFT
    •  
    • $2,450
    • $0.72
    •  
  • 8406 Mondavi Hill Court Las Vegas, NV 5
    • 5 beds 2 baths ∙ 3,558 Sqft ∙ Built 2006 5 beds 2 baths ∙ 3,558 Sqft ∙ Built 2006
    LEASED 09/30/19
    • Rent
    • Rent Per SQFT
    •  
    • $2,595
    • $0.73
    •  
PROPERTY LISTING DETAILS
Lori A Fowler-smith
1.702.595.5502
Coldwell Banker Premier
Gabriela Lara
1.866.250.5610
Mynd Property Management
1453579
Greater Las Vegas Association of Realtors ( GLVAR)
MLS #: 2272507
Last Updated: 03/18/2021
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