Skip to content
×
Pro Members Get
Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
ANNUAL Save 16%
$32.50 /mo
$390 billed annualy
MONTHLY
$39 /mo
billed monthly
7 day free trial. Cancel anytime
Copied
Photo
Copied
Photo
Photo
Photo
Photo
See all photos

$1,162,999

For Sale - Active
420 Dakar St, Henderson, NV 89015
5 Beds
4 Baths
5,123 Square Feet
0.36 Acres Lot
Built in 2008
For Sale - Active
Units n/a
Checked: 6 hours ago
Updated: Jun 04, 2025 at 11:33PM

Investment Summary


Monthly Cash Flow
-$2,100
Cap Rate
4.1%
Cash-on-Cash Return
-9.4%
Debt Coverage Ratio
0.66
Internal Rate of Return (5 years)
-5.1%

Property Description


0.36 Acres Lot
Built in 2008
For Sale - Active
Units n/a

Gorgeous unobstructed strip view home with a basement seamlessly blends luxury and functionality, offering a cozy retreat for relaxation and socializing. Modern amenities like the tankless water heater and smart refrigerator, paired with thoughtful features such as the expanded balcony and well-appointed primary closet, elevate the living experience. The outdoor area boasts a custom pool with a slide, seating area, cave along with a low-maintenance backyard with custom metal sculptures perfect for gatherings or unwinding. Just 10 minutes from Lake Las Vegas and 20 minutes to the Las Vegas Strip and Harry Reid Airport offers convenient entertainment and travel options. In conclusion, this residence presents an appealing opportunity for those seeking a comfortable and conveniently located home.

Build Your Team


Quickly find investor-friendly professionals who can help you succeed in real estate investing at any stage of the investing journey.

Agents

Match with investor-friendly agents who can help you find, analyze, and close your next deal

Find an Agent

Lenders

Get the best funding…find investor-friendly lenders who specialize in your deal strategy

Find a Lender

Property Managers

Transition to passive investing. Find a trusted property management partnership that lasts.

Find a Property Manager

Tax Pros & Accountants

Taxes and financial reporting made easy—find experts to create tax savings strategies, file taxes, and more

Find a Tax Pro

Location


Property Details


Parking

  • Description: Attached, DetachedCarport, ExteriorAccessDoor, Garage, GarageDoorOpener, InsideEntrance, RvGated, RvAccessParking
  • Details: Attached, Detached Carport, Garage, Garage Door Opener, Inside Entrance, Private, RV Gated, RV Access/Parking
  • Garage Spaces: 3
  • Spaces Total: 0

Bedroom Information

  • # of Bedrooms: 5

Bathroom Information

  • # of Baths (Full): 3
  • # of Baths (Total): 4.0

Interior Features

  • # of Rooms: 11
  • # of Stories: 2
  • Basement: Yes
  • Fireplace: Yes

Exterior Features

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

Land Information

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

Lot Information

  • Parcel ID: 17904406003
  • Lot Size: 15682 sqft

Property Information

  • Property Type: Single Family Residence
  • Style: TwoStory, Loft
  • Year Built: 2008

Tax Information

  • Annual Tax: $5,944

Utilities

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

Location

  • County: Clark

Listing Details


Listed by:
Andrea M. Arthur
Great Start Realty
(702) 752-3550

Source:
Las Vegas REALTORS
MLS#: 2689170
Las Vegas REALTORS

Investment Summary


Monthly Cash Flow
-$2,100
Cap Rate
4.1%
Cash-on-Cash Return
-9.4%
Debt Coverage Ratio
0.66
Internal Rate of Return (5 years)
-5.1%

Purchase Details

Find an Agent

Purchase price:
$1,162,999
Amount financed:
-$930,399
Down payment:
$232,600
Closing costs:
$34,890
Rehab costs:
$0
Initial cash invested:
$267,490
Square feet:
5,123
Cost per square foot:
$227
Monthly rent per square foot:
$1.27

Financing Details

Find a Lender

Loan amount:
$930,399
Loan to value ratio:
80.0%
Loan type:
Amortizing
Term:
30 years
Interest rate:
6.840%
Principal & interest:
$6,090
Property tax:
$495
Insurance:
$455
Private mortgage insurance (PMI):
$0
Monthly payment:
$7,040

Operating Income

Find a Property Manager

% Rent Monthly Yearly
Gross rent:
$6,500 $78,000
Vacancy loss: (6%)
6% -$390 -$4,680
Operating income:
$6,110 $73,320

Operating Expenses


% Rent Monthly Yearly
Property taxes: (8%)
8%-$495-$5,944
Insurance: (7%)
7%-$455-$5,460
Property management: (8%)
8%-$520-$6,240
Repairs & maintenance: (5%)
5%-$325-$3,900
Capital expenditures: (5%)
5%-$325-$3,900
HOA fees: (n/a)
n/an/an/a
Total operating expenses: (33%)
33%-$2,120-$25,444

Cash Flow


Monthly Yearly
Net operating income:
$3,990 $47,880
Mortgage payments:
-$6,090 -$73,080
Cash flow:
$2,100 $25,200