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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