BUILDER CLOSE-OUT – Only 10 "brand new" VEGAS Homes Left – Bulk Sale $860,000 ((WITH 10% CAP RATE ???))
BUILDER CLOSE-OUT – Only 10 Homes Left – Bulk Sale $860,000
NE Las Vegas – Convenient to Nellis AFB and Downtown Las Vegas
· Each home is 1504 sq ft
· 3 bedroom + den + 3 baths
· (Den + full bath downstairs)
· 1 car garage
Call me now for details!
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WE HAVE 9 HOMES UNDER CONTRACT FROM OCTOBER’S PROMOTION.
CURRENTLY WE HAVE ONLY 1 LEFT! SELL IT TODAY BEFORE IT’S ALL GONE!
SUPER SUPER LOW LOW PRICE......
FOR THIS STANDING INVENTORY HOME!
Photo of actual home for sale shown below
Las Rosas Rough Estimate Financial Sheet | ||||||
1,504 sqft | 10 units | |||||
each unit | Bulk Price | |||||
$860,000 | ||||||
down payment | 860,000 | |||||
loan amount | ||||||
monthly | annual | |||||
EXPENSES | ||||||
P/I loan based on 30yr@5% | ||||||
taxes | 800 | 9600 | ||||
insurance | 400 | 4800 | ||||
mortgage insurance | 0 | 0 | ||||
HOA | 370 | 4440 | ||||
property management | 8% | 760 | 9120 | |||
total monthly cost | 2330 | 27960 | ||||
rental income | 9500 | 114,000 | ||||
positive cashflow | 7170 | 86,040 | ||||
annual net cashflow | 86,040 | |||||
cash on cash return | 10.0% | |||||
CAP rate | 10.0% | |||||
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