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$234,000

For Sale - Active
433 Sellers Pl, Henderson, NV 89011
2 Beds
2 Baths
992 Square Feet
0.02 Acres Lot
Built in 1982
For Sale - Active
Units n/a
Checked: 9 hours ago
Updated: Jun 20, 2025 at 03:10AM

Investment Summary


Monthly Cash Flow
-$646
Cap Rate
3.0%
Cash-on-Cash Return
-14.4%
Debt Coverage Ratio
0.47
Internal Rate of Return (5 years)
-9.9%

Property Description


0.02 Acres Lot
Built in 1982
For Sale - Active
Units n/a

Great 2 bedroom townhome in central Henderson location close to Cadence! Enjoy an open plan living / dining / kitchen area with fireplace and separate 1/2 bath and laundry room. Upstairs you will find 2 large bedrooms and full bathroom. This is one of only a few units that has a grandfathered patio cover, which is welcome on those hot summer days! Current owner has taken meticulous care of this unit and any future buyer is going to appreciate the care and attention that has been put into this home :)

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Location


Property Details


Parking

  • Details: Assigned, Covered, Detached Carport, Guest
  • Garage Spaces: 0
  • Spaces Total: 0

Bedroom Information

  • # of Bedrooms: 2

Bathroom Information

  • # of Baths (Full): 1
  • # of Baths (Partial): 1
  • # of Baths (Total): 2.0

Interior Features

  • # of Rooms: 6
  • # of Stories: 2
  • Fireplace: Yes

Exterior Features

  • Exterior Walls Materials: Stucco
  • Roof Material: Composition, Shingle

HOA

  • Has HOA: Yes
  • Association: Summerfield
  • HOA Fee: $274/monthly

Land Information

  • Land Use: Residential
  • Land Use Subtype: Townhouse

Lot Information

  • Parcel ID: 17812510003
  • Lot Size: 871 sqft

Property Information

  • Property Type: Townhouse
  • Style: TwoStory
  • Year Built: 1982

Tax Information

  • Annual Tax: $530

Utilities

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

Location

  • County: Clark

Listing Details


Listed by:
Yvette Riggott
GK Properties
(702) 595-6065

Source:
Las Vegas REALTORS
MLS#: 2683809
Las Vegas REALTORS

Investment Summary


Monthly Cash Flow
-$646
Cap Rate
3.0%
Cash-on-Cash Return
-14.4%
Debt Coverage Ratio
0.47
Internal Rate of Return (5 years)
-9.9%

Purchase Details

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Purchase price:
$234,000
Amount financed:
-$187,200
Down payment:
$46,800
Closing costs:
$7,020
Rehab costs:
$0
Initial cash invested:
$53,820
Square feet:
992
Cost per square foot:
$236
Monthly rent per square foot:
$1.31

Financing Details

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Loan amount:
$187,200
Loan to value ratio:
80.0%
Loan type:
Amortizing
Term:
30 years
Interest rate:
6.840%
Principal & interest:
$1,225
Property tax:
$44
Insurance:
$91
Private mortgage insurance (PMI):
$0
Monthly payment:
$1,360

Operating Income

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% Rent Monthly Yearly
Gross rent:
$1,300 $15,600
Vacancy loss: (6%)
6% -$78 -$936
Operating income:
$1,222 $14,664

Operating Expenses


% Rent Monthly Yearly
Property taxes: (3%)
3%-$44-$530
Insurance: (7%)
7%-$91-$1,092
Property management: (8%)
8%-$104-$1,248
Repairs & maintenance: (5%)
5%-$65-$780
Capital expenditures: (5%)
5%-$65-$780
HOA fees: (21%)
21%-$274-$3,288
Total operating expenses: (49%)
49%-$643-$7,718

Cash Flow


Monthly Yearly
Net operating income:
$579 $6,948
Mortgage payments:
-$1,225 -$14,700
Cash flow:
$646 $7,752