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$485,000

Sale Pending
208 Lynbrook St, Henderson, NV 89012
3 Beds
2 Baths
1,703 Square Feet
0.15 Acres Lot
Built in 2002
Sale Pending
Units n/a
Checked: 12 hours ago
Updated: Jun 21, 2025 at 03:14AM

Investment Summary


Monthly Cash Flow
-$961
Cap Rate
3.3%
Cash-on-Cash Return
-10.3%
Debt Coverage Ratio
0.58
Internal Rate of Return (5 years)
-6.0%

Property Description


0.15 Acres Lot
Built in 2002
Sale Pending
Units n/a

Charming Single-Story Home with 3 Bedrooms, Den & Spa! Welcome to this beautiful single-story home, offering 3 spacious bedrooms, a versatile den, and a luxurious spa—perfect for relaxation! Nestled in a desirable neighborhood, this home boasts an open-concept layout with abundant natural light. Step outside to your private backyard oasis, where a covered patio and a soothing spa create the ultimate setting for unwinding or hosting gatherings. Additional highlights include a two-car garage, energy-efficient features, and a beautifully landscaped yard. Conveniently located near top-rated schools, shopping, dining, and parks, this home is a must-see! Don’t miss your chance to own this exceptional property—schedule a showing today!

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Location


Property Details


Parking

  • Description: Attached, DirectAccess, ExteriorAccessDoor, Garage, Shelves, Storage
  • Details: Attached, Garage, Inside Entrance, Private, Storage
  • Garage Spaces: 2
  • Spaces Total: 0

Bedroom Information

  • # of Bedrooms: 3

Bathroom Information

  • # of Baths (Full): 2
  • # of Baths (Total): 2.0

Interior Features

  • # of Rooms: 6
  • # of Stories: 1

Exterior Features

  • Exterior Walls Materials: Stucco
  • Roof Material: Tile
  • Pool: Yes

HOA

  • Has HOA: Yes
  • Association: Arroyo Grande
  • HOA Fee: $14/monthly

Land Information

  • Land Use: Residential
  • Land Use Subtype: Single Family Residential

Lot Information

  • Parcel ID: 17822314032
  • Lot Size: 6534 sqft

Property Information

  • Property Type: Single Family Residence
  • Style: OneStory
  • Year Built: 2002

Tax Information

  • Annual Tax: $2,868

Utilities

  • Water & Sewer: Public
  • Heating: Central, Electric
  • Cooling: Ceiling Fan(s), Central Air, Gas

Location

  • County: Clark

Listing Details


Listed by:
Ivan Angulo
GK Properties
(702) 510-8557

Source:
Las Vegas REALTORS
MLS#: 2670047
Las Vegas REALTORS

Investment Summary


Monthly Cash Flow
-$961
Cap Rate
3.3%
Cash-on-Cash Return
-10.3%
Debt Coverage Ratio
0.58
Internal Rate of Return (5 years)
-6.0%

Purchase Details

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Purchase price:
$485,000
Amount financed:
-$388,000
Down payment:
$97,000
Closing costs:
$14,550
Rehab costs:
$0
Initial cash invested:
$111,550
Square feet:
1,703
Cost per square foot:
$285
Monthly rent per square foot:
$1.35

Financing Details

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Loan amount:
$388,000
Loan to value ratio:
80.0%
Loan type:
Amortizing
Term:
30 years
Interest rate:
5.875%
Principal & interest:
$2,295
Property tax:
$239
Insurance:
$161
Private mortgage insurance (PMI):
$0
Monthly payment:
$2,695

Operating Income

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% Rent Monthly Yearly
Gross rent:
$2,300 $27,600
Vacancy loss: (6%)
6% -$138 -$1,656
Operating income:
$2,162 $25,944

Operating Expenses


% Rent Monthly Yearly
Property taxes: (10%)
10%-$239-$2,868
Insurance: (7%)
7%-$161-$1,932
Property management: (8%)
8%-$184-$2,208
Repairs & maintenance: (5%)
5%-$115-$1,380
Capital expenditures: (5%)
5%-$115-$1,380
HOA fees: (1%)
1%-$14-$168
Total operating expenses: (36%)
36%-$828-$9,936

Cash Flow


Monthly Yearly
Net operating income:
$1,334 $16,008
Mortgage payments:
-$2,295 -$27,540
Cash flow:
$961 $11,532