5055 Champions Ave Las Vegas, NV 89142
2bd, 2ba | 1,567sqft | Built in 1966
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Initial Investment
$221,866
List Price: $217,700
Purchase Price
$217,700
Down Payment
100%
Rent
$1,375

Total Return
$73,974
Annualized Return
6.4%
Cap Rate
5.0%
Gross Yield
7.6%
Cash Flow
$10,276
Appreciation
2.8%
Features
Roofstock Certified
Occupancy
Occupied
Lease Start
08/10/2018 
Lease End
08/09/2019 
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
$15,675
Expenses
-$3,590
Property Taxes
-$1,809
Loan Payments
$0

Net Cash Flow
$10,276
Considerations
Property Characteristics    View Details


Inspection Contingency
This option lets the buyer specify that the home be inspected within a specific time period, during which the buyer can negotiate price or repairs based on the inspector’s findings or cancel the contract. Prior inspection reports may be available in the diligence documents. In some instances, the property has an inspection report from more than 4 months ago and needs an updated inspection.
  • The seller may be more willing to negotiate with a buyer in contract.
  • Opportunity to negotiate a lower price or repairs if any issues are discovered during the inspection process.
  • Ability to have the earnest money deposit refunded if the transaction is cancelled before the inspection contingency termination date.

Property Management   

Why choose?

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

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