5916 Alta Dr

Las Vegas, NV 89107
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3 bd, 2 ba | 1,831 sqft | Built in 1960

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For Sale

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List Price
$349,999

$10K

Initial Investment

$95,375
Pre-approval letter or proof of funds required.

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about the purchase process.

Purchase Price

$349,999

Down Payment

25%

Rent

$1,800

Total Return

$293,420

Annualized Return

31.2%

Cap Rate

4.3%

Gross Yield

6.2%

Cash Flow

-$4,698

Appreciation

14.1%
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Features

Occupancy

Vacant

Vacancy Protection

Yes

Lot Size

6,098

HOA

None

Flood Risk

Not Required

Newley remodeled, single-story home with RV parking, covered backyard patio and floor to ceiling tiled fireplace. Home has beautiful interior finishes, ceiling fans, modern light fixtures, laminate wood flooring and plush carpet throughout. Located minutes from downtown Las Vegas entertainment, shopping and casinos! Spacious kitchen with custom cabinets, stainless steel appliances, and new countertops! Bathrooms have been fully upgraded with high end shower systems, modern tiled showers with niches, and new vanities with framed mirrors and lighting.

See more in Analysis
Beau McDougall
NextHome People First
NV Agent License #B.145054LLC

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Annual Financial Highlights

Expected Rent

$20,520

Expenses

-$4,715

Property Taxes

-$1,474

Loan Payments

-$19,028

Net Cash Flow

-$4,698

See more in Financials

Property Characteristics

Buyer's Agent

An experienced local, licensed real estate broker/agent will represent you in this transaction. They will negotiate on your behalf, from your first offer through closing.
  • You can contact your Agent with questions even before making an offer.
  • A professional home inspection will be conducted prior to closing.  This inspection, paid for by Roofstock, will be conducted by a Roofstock-affiliated vendor.  As soon as the report is ready, your Agent will discuss the findings with you and help with any next steps.

Property Management

Why choose?
From repairs and maintenance to communicating with tenants, our preferred property management teams protect your assets and keep things running smoothly.

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Listing Courtesy of:Enzo Varela
Precision Realty
Certified Agent Brokerage:Beau McDougall
NextHome People First
NV Brokerage License B.145054LLC
SourceGreater Las Vegas Assoc. of Realtors MLS (GLVAR)
MLS #2453170
Last Updated: 11/25/2022 13:11
Disclaimer: The accuracy of this information is deemed reliable but not guaranteed or warrantied. All information should be independently verified before making purchase decisions. Information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The content relating to real estate for sale on this website appears courtesy of the Multiple Listing Service (MLS) listed as the “Source” on this page. Individual listings appear with the permission of the real estate brokerage identified under the “Listing Agent” on this page.