RAILTOR
AI for Las Vegas real estate
Investor one-pagerHenderson, NV · April 1, 2026
Covered outdoor balcony at 901 Almandine Pl with lounge seating, fire table, and open valley view

Outdoor living — furnished lounge and fire table (daylight)

901 Almandine Pl

Henderson, NV 89011 · Furnished room-by-room rental concept

Illustrative underwritingSeller history + public data + buyer quote needed Jump to lead form
Purchase price (illustrative)
$476,000
Near comp 899 Apatite ($476,900); sellers may ask ~$500k — verify before offer
20% down payment
$95,200
Illustrative equity contribution
Projected P&I
$2,377/mo
30-year fixed at 6.38% on ~$380.8k loan
All-in owner cost
$3,368/mo
P&I plus taxes, proxy insurance, HOA, recent utilities

What this asset is

This townhouse is better viewed as a furnished co-living / mid-term rental than a standard single-family lease. The seller reports repeat demand from flight attendants, teachers, and medical students, with private coded bedroom access, common-area security, stocked kitchenware, and furnishings already in place.

Property snapshot: 4 bed, 3.5 bath (2 master suites, 2 balconies), 2,038 sq ft, built 2023, 3-story, 2-car garage. Public data still shows a Zestimate of $433,900, Rent Zestimate of $2,419/mo, and 2025 property taxes of $4,484. KPIs and calculators on this page use an illustrative $476,000 purchase (aligned with comp 899 Apatite at $476,900); sellers may target ~$500,000 — confirm with listing agent.

Seller-verified operating notes

  • Bedroom 1 on the first floor has a private bath and usually rents for $900–$1,050/mo.
  • The second-floor primary suite is occupied by teachers at $1,250/mo.
  • Bedroom 3 on the third floor typically rents for $800–$900/mo.
  • Bedroom 4 has been kept for owner use—no direct rent history for that room.
  • Utilities are included in rent. The home is delivered furnished, with labeled storage, smart locks, and manuals / HOA binder transfer.

Property & neighborhood context

901 Almandine Pl — key specs

  • 4 beds · 3.5 baths · 2 master suites · 2 balconies
  • 2,038 sq ft · Built 2023 · 3 stories · 2-car garage
  • Walkable access to parks, major medical (Henderson Hospital / Union Village area), fitness clubs, and lakefront dining & retail in the broader Lake Las Vegas master plan.
Interior or exterior view at 901 Almandine Pl — listing photo
Interior living space at 901 Almandine Pl — listing photo
Kitchen or dining at 901 Almandine Pl — listing photo
Bedroom or bath at 901 Almandine Pl — listing photo
Townhome detail at 901 Almandine Pl — listing photo
Outdoor or community context at 901 Almandine Pl — listing photo
Interior or exterior view at 901 Almandine Pl — listing photo
Interior living space at 901 Almandine Pl — listing photo
Kitchen or dining at 901 Almandine Pl — listing photo
Bedroom or bath at 901 Almandine Pl — listing photo
Outdoor or community context at 901 Almandine Pl — listing photo

Lake Las Vegas & The Village

The Lake Las Vegas area is built around a large private lake and a walkable village core with dining patios, boutique grocery, and resort-hotel energy—useful context for buyers who want a “resort-at-home” feel east of the Strip. Explore the district hub at lakelasvegas.com.

Recreation & trails

Residents commonly use lakefront paths, sports-club amenities, and nearby trailheads (e.g. Terrazza Park connections toward the Wetlands trail network). The River Mountains Loop Trail is a regional draw for cycling and long runs. Hours, memberships, and access rules vary—confirm on site.

Dining & daily needs

Waterfront bistros, Italian, and specialty markets cluster in the village-style retail ring. Treat names and menus as rotating—always verify current operators before you market a stay or tour narrative to investors.

Healthcare

Henderson Hospital anchors a growing medical campus in the Union Village corridor—often cited for emergency, women's health, and cardiology services. See hendersonhospital.com for services and locations; drive/walk times depend on route and traffic.

Neighborhood copy is illustrative area context for out-of-state investors—not verified distances, endorsements, or guarantees. Specs for 901 Almandine Pl should be confirmed on title, HOA docs, and a physical tour. Third-party websites may change without notice.

Same balcony at golden hour with sunset over the valley and mountains

Evening view — sunset over Henderson and the surrounding range

Comp report

Henderson 89011 townhome comps aligned to 4 bed, 3+ bath, ~ 1,900–2,100 sq ft (sold + active). Illustrative market context only—not an appraisal or guaranteed value.

Illustrative property photo — comparable context for 1111 Heliodor AvenueActive · A-ER

1111 Heliodor Avenue

List price$458,000
  • 4 beds · 4 (4/1/1) baths
  • 2,038 sq ft · Built 2022
  • 3 stories · 2-car garage
  • Strip & mountain views
  • Tile, shaker cabinets, granite
  • HOA: water, landscaping, exterior

PRICE REDUCTION — The Barclay: 4 bed, 4 bath townhome in Jasper Point. One of the few three-story homes in the neighborhood with Strip & mountain views.

Matrix-style filters: Residential townhouse · Sold & active · ZIP 89011 · 4 BR · 3+ BA · approx. 1,900–2,100 sq ft · 5 results shown

Photos are from comp-report materials supplied for this page; verify all fields, status, and pricing with a licensed professional and MLS data. Railtor.ai does not guarantee accuracy of third-party listings.

Monthly cost stack at 20% down

ItemMonthly
Principal & interest$2,377
Property taxes$374
Insurance proxy$143
HOA$183
Recent utilities$291
All-in owner cost$3,368

Seller rent history, stress cases & renting methods

How to read this block: (1) Seller-reported rent by room — the furnished co-living track record. (2) Gross rent scenarios vs the $3,368/mo all-in owner cost in the monthly stack (P&I, taxes, insurance proxy, HOA, utilities). (3) Line-item examples of two higher-gross renting methods investors might underwrite — not the only layouts that work.

Historical room profile

What the seller reports each room has rented for in the furnished setup. Not a forecast for a new operator.

Room / areaObserved rent
Bedroom 1 — first floor / private bath$900–$1,050
Bedroom 2 — second-floor primary$1,250
Bedroom 3 — third floor$800–$900
Bedroom 4 — owner useNo rent history

Gross rent vs all-in cost (illustrative)

Each row is total gross rent / month. The right column is cash left (or short) after paying the $3,368/mo owner stack if nothing else changed — simplified; not tax or capex.

ScenarioGross / movs $3,368*
Seller history — low 3-room$2,950−$418
Seller history — midpoint 3-room$3,075−$293
Seller history — high 3-room$3,200−$168
Investor method — whole-floor rental$3,450+$82
Investor method — suite + bedroom mix$3,600+$232
Single-family benchmark (context)$2,500–$2,900−$868 to −$468

* Same $3,368/mo “all-in owner cost” as the monthly stack above (principal & interest, taxes, insurance proxy, HOA, utilities) — tied to the $476k purchase illustration.

Line-item renting methods (illustrative)

How the two investor renting methods in the table could break down by floor or by room — one possible math path each; verify with your own lease strategy.

Method: whole-floor rental ($3,450/mo gross)

One rent per level; third floor modeled as two rooms bundled at $1,200/mo. Totals to the same $3,450/mo gross as the “whole-floor” row in the scenario table.

Floor / bundleRent / mo
Third floor — 2 rooms$1,200
Second floor$1,250
First floor$1,000
Total gross / mo$3,450

Room-level examples (same gross totals)

Two ways to reach the same headline grosses using bedrooms and suites — illustrates flexibility for how you market beds, not a pro forma you must copy.

At $3,450/mo gross (matches whole-floor method)

Line itemRent / mo
Bedroom$750
Bedroom$750
Other rooms / floors (bundled to scenario total)$1,950
Total gross / mo$3,450

At $3,600/mo gross (suite + bedroom mix)

Line itemRent / mo
Master suite$1,200
Master suite$900
Bedroom$750
Bedroom$750
Total gross / mo$3,600
Bottom line: The investment case tightens at seller-proven three-room rents; it opens up meaningfully under the two higher-gross investor renting methods at $3,450–$3,600/mo.

Out-of-state investor calculators

Adjust purchase, loan, closing costs, and rent. Illustrative only — verify with your lender and CPA. Origination is modeled as points on the loan (1 point = 1% of loan amount). The tax tab compares a taxable cash sale with deferral under a qualifying IRC §1031 like-kind exchange (rules and timelines apply — not tax advice).

This tab: purchase, loan, rent, and expenses only. We show Year 1–3 gross rent and estimated Year 1 cash-on-cash (no sale / exit).

Purchase & financing

Income & operating

Loan amount
$380,800
Monthly P&I
$2,377
Origination fee
$3,808
Est. cash to close
$103,412
Year 1
$35,055
Gross rental income
Year 2
$40,313
+15.0% growth
Year 3
$46,360
+15.0% growth
Projected return (illustrative)
-5.2%
Estimated cash-on-cash return (Year 1), pre-tax

Cash-on-cash trajectory · Years 1–5

Same financing and opex; rent steps up each year at your +15.0% growth assumption. Year 1 can look thin — longer holds usually show the thesis as income catches the mortgage.

Year 1
-5.2%
Pre-tax CF -$5,360
Year 2
-0.1%
Pre-tax CF -$102
Year 3
5.7%
Pre-tax CF $5,945
Year 4
12.5%
Pre-tax CF $12,899
Year 5
20.2%
Pre-tax CF $20,896

Illustrative pre-tax cash-on-cash on initial cash to close (down + closing). Not a forecast — tune rent growth, vacancy, and opex to stress-test.

Net operating income Year 1 (after vacancy & opex, before debt): $23,163. Pre-tax cash flow Year 1: -$5,360.

Sources and assumptions (summary): seller email and Furnished Finder listing; Zillow for Zestimate, Rent Zestimate, and 2025 taxes; Freddie Mac PMMS March 26, 2026 for 6.38% rate; insurance proxy ~$1,713/yr. Illustrative only.

Full disclaimer: seller email and Furnished Finder listing for setup, furnishings, and utility / HOA profile; Zillow for Zestimate, Rent Zestimate, and 2025 taxes; Freddie Mac PMMS dated March 26, 2026 for 6.38% 30-year rate; Las Vegas insurance proxy of about $1,713/year used as a placeholder. Illustrative only. Buyer should verify insurance, financing, rent, and occupancy. Prepared with Railtor.ai — not investment advice.

Important Disclosure

The calculators and tools provided on this page are for informational and educational purposes only. All figures, projections, and results are estimates based on the inputs you provide and do not constitute financial, tax, legal, or real estate advice. Actual results may vary significantly based on market conditions, property specifics, lender terms, tax law changes, and other factors not accounted for in these models.

Zen Lenon Group, Railtor, and its affiliates make no representations or warranties of any kind, express or implied, regarding the accuracy, completeness, reliability, or suitability of any information produced by these tools. You acknowledge that any reliance on such information is strictly at your own risk.

By using these calculators, you agree that Zen Lenon Group, Railtor, its officers, agents, and affiliates shall not be held liable for any losses, damages, or claims arising from decisions made based on the output of these tools. Always consult with qualified financial advisors, tax professionals, and licensed real estate attorneys before making investment decisions. Nevada Real Estate License S.0198730.

Request a private review

Off-market Henderson townhome (furnished room-by-room model). Leave your details and we'll reach out with tour timing, diligence checklist, and lender introductions.

← Back to Railtor.ai