5055 Champions Ave Las Vegas, NV 89142
2bd, 2ba | 1,567sqft | Built in 1966
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Initial Investment
$218,922
List Price: $214,800
Purchase Price
$214,800
Down Payment
100%
Rent
$1,325

Market rent may range from $1,259 to $1,391


Total Return
$71,207
Annualized Return
6.3%
Cap Rate
4.8%
Gross Yield
7.4%
Cash Flow
$9,805
Appreciation
2.8%
Features
Roofstock Certified
Occupancy
Vacant
Guaranteed Rent
Yes
Lot Size
7,841 
HOA
None
Flood Risk
Not Required
  • Over $9K cashflow with 2.5 star neighborhood
  • Leased until August 2019
  • Walking distance from cafes, shops & restaurants

Buy It Now: Offers at list price include an American Home Shield home warranty.



Annual Financial Highlight
Expected Rent
$15,105
Expenses
-$3,490
Property Taxes
-$1,809
Loan Payments
$0

Net Cash Flow
$9,805
Considerations
Property Characteristics    View Details


Inspection Contingency
This home will be inspected after the offer is accepted and prior to closing, during which time you can negotiate price or repairs based on the inspector’s findings or cancel the contract. If any prior inspection reports are available, you’ll find them in the Diligence Documents (Analysis tab).  If the latest inspection report is more than 4 months old, the home will be listed with an inspection contingency.
  • This property will be professionally inspected before closing.
  • You’ll have the opportunity to negotiate a lower price or repairs if any issues are identified during the inspection process.
  • Your earnest money deposit will be refunded if you cancel the transaction before the inspection contingency termination date.
  • Roofstock will let you know whether the property passes Roofstock Certification. If it fails, and you choose to carry on with the transaction, the Roofstock Guarantee will no longer apply unless issues are resolved prior to closing. 

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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